Hilco Industrial Manages Asset Sale for Magna Powertrain Roto Form Division

NORTHBROOK, Ill., Oct. 26, 2017 /PRNewswire/ -- Hilco Industrial announced today that it will be selling surplus equipment for Magna Powertrain, a leading global automotive supplier. This sale is a result of the closure of the company's Roto Form division in Toronto. This location produces automotive parts such as a/c clutch rotors, sheet metal, steel & aluminum pulleys, and torsional vibration dampers/isolators.

Hilco Industrial will host a live, onsite and webcast auction on Tuesday, November 28^th beginning at 10 AM ET. The assets can be inspected at 175 Claireville Drive, Toronto, Ontario, Canada M9W 6K9 on November 27^th from 8 AM to 5 PM ET or earlier by appointment.

Assets for sale include:

Straight-Side Presses

• 1200-Ton Blow SC2-1200-144-54
• 800-Ton Blow SC2-800-144-54
• 600-Ton Blow SC2-600-96-48 (2-Available)
• 500-Ton Niagara BP2-500-120-60
• 400-Ton Blow SC2-400-96-48
• 400-Ton Benelli P2M-400-2P

Gap Frame Presses

• (7) Aida Gap Presses Up to 275 Ton

To arrange an inspection, access detailed information and photos of the assets, or specific information about the sales process, visit https://www.hilcoind.com/sale/rotoform or contact: John Sharpe, Managing Director: [email protected]  +1 416.252.1955

About Hilco Industrial
Hilco Industrial (www.hilcoind.com) provides industrial asset acquisition and disposition services, specializing in machinery, equipment and inventory auctions and negotiated sales.  It sells the broad range of industrial assets found in manufacturing, wholesale and distribution companies.  Hilco Industrial buys and sells assets through on-site, online and combination webcast auction sale events as well as negotiated (private treaty) sales.  In addition to providing services on a fee or commission basis, Hilco Industrial puts capital at risk and often acquires assets or provides guarantees.  Hilco Industrial is part of Northbrook, Illinois based Hilco Global (www.hilcoglobal.com), the world's leading authority on maximizing the value of business assets by delivering valuation, monetization and advisory solutions to an international marketplace.

SOURCE Hilco Industrial

Related Links

http://www.hilcoind.com