High-Precision Manufacturing Equipment Offered in June 29 Online Auction by Tiger Group and Southern Fabricating Machinery

Manufacturers and buyers working in the aerospace, defense, oil and gas and automotive industries can acquire mills, lathes, grinders, CNC turning centers and other remaining assets from closed aerospace plant in Fairfield, N.J.; bidding begins June 22

FAIRFIELD, N.J., June 20, 2022 /PRNewswire/ -- A June 29 online auction by Tiger Group and partner Southern Fabricating Machinery Sales features machining centers, honing machines, turret lathes, CNC turning centers and other high-utility manufacturing assets that remain from a closed precision machining plant in Fairfield.

With brands such as Makino, Takumi, S&T Dynamics, Mori Seiki, Haas and Sunnen, the equipment is surplus to the ongoing operations of a manufacturer of metal components and assemblies for the aerospace, defense, oil and gas, and industrial sectors.

The timed, online auction of assets from the 56,000-square-foot plant closes on Wednesday, June 29, at 10:30 a.m. (EDT). Bidding opens June 22nd at SoldTiger.com.

"The  quality of this remaining equipment make this a noteworthy opportunity for buyers—particularly at a time when the cost of brand-new equipment, in terms of both money and delivery delays, is extraordinarily high," noted Chad Farrell, Managing Director, Tiger Commercial & Industrial. "By purchasing high-quality CNC machining equipment in our online auction, machining and fabricating companies can efficiently position themselves for higher-production capacity and growth."

The auction features a wide array of CNC mills, CNC turning centers, machining cells, vertical lathes, honing machines, turret lathes, machining centers, as well as select shop and office equipment is available.

Highlights of the online auction include:

• Makino A66 and A55 CNC horizontal machining centers
• Takumi V-22N CNC vertical machining centers
• Multiple S & T Dynamics Vertical Turret Lathes
• Makino A-88E and A-81 machining centers
• Sunnen SV-2460 vertical honing machine

For asset photos, descriptions, and other information, visit https://soldtiger.com/sales/major-aerospace-manufacturer/

Media Contacts: At Tiger Group, Maria Hoang, (805) 497-4999, [email protected]. At Jaffe Communications, Elisa Krantz, (908) 789-0700, [email protected].

SOURCE Tiger Group