Benteler Automotive Plant Assets Available Through Series of Auctions in April

GRAND RAPIDS, Mich., April 9, 2014 /PRNewswire/ -- Stuart B. Millner & Associates (SBMA)—an asset management company—is conducting the surplus liquidation for Benteler Automotive's facility in Grand Rapids, MI this month.

SBMA is holding a series of auctions for the assets throughout the month of April. The first three are hosted online at Bidspotter.com, and the last event will be a live auction (both onsite at the Grand Rapids facility and online at Bidspotter), which will include Tube welding, tube cutting, heat treatment, metalworking, and many other related assets.

The auction schedule is as follows:

• Forklifts: Online Timed Auction – Bidding Closes Friday, April 11 - Brochure , featuring 2012 Combilift multi-purpose forklift.
• Cranes: Online Timed Auction – Bidding Closes Thursday, April 17 - Brochure , featuring overhead double bridge cranes.
• Presses: Online Timed Auction – Bidding Closes Friday, April 25 – Brochure, featuring 4000-ton Williams White Press.
• Live Auction: Live Onsite & Online - Starts Tuesday, April 29 – featuring tubing, welding/cutting, heat treatment systems, and more.

For details and product specifications, go to Bidspotter or contact Jesse Lange (636-744-1400).

SBMA specializes in the appraising, marketing, liquidation, and auctioneering of assets from manufacturing facilities, power plants, and mines for a variety of clients across North America. The Benteler Automotive project is being executed through SBMA's Total Plant Deactivation (TPD) program.

Photo - http://photos.prnewswire.com/prnh/20140409/CG01698

SOURCE Stuart B. Millner & Associates

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