Hilco Industrial to Auction Machinery & Equipment from Former Kraus Carpet Manufacturing Facility, Waterloo ON

NORTHBROOK, Ill., Nov. 16, 2018 /PRNewswire/ -- Hilco Industrial has announced today that it will conduct a live onsite and webcast auction on December 13 (10:00 am ET), featuring machinery and equipment used for manufacturing broadloom carpet, including the preparation, processing, and manufacturing of synthetic yarn. In addition, all plant support, mobile, and material handling equipment will be offered for sale, as well as remaining raw materials and finished goods.

Machinery includes CMC super speed tufting machines, Sauer RC-2004/2 position winders, Belmont and Gilbos air entanglement machines, Gaston Futura 3000 jet dyeing machines, 96-spindle and 88-spindle 2-for-1 twisters, (1) carpet chrome print dry line, (1) carpet finishing line, Superba heat set machines, and 54" warpers.

The equipment can be inspected on Wednesday, December 12 at 65 Northfield Dr W, Waterloo, Ontario, Canada between 8:00 am and 4:00 pm ET or earlier by appointment. Complete details about the auction and lot catalog of the equipment are available at https://www.hilcoind.com/sale/kraus.  

Contact Voytek Kulpa at [email protected] or +1 647.284.6905 for more information on the machinery and equipment and the sales process.

Hilco Industrial (www.hilcoind.com) provides industrial asset 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 performs dispositions 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 has capital to put at risk and often acquires assets or provides guarantees. Hilco Industrial is headquartered in Grand Rapids, Michigan and operates as a part of 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

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