Runway-Cleaning Equipment Available In Online Auction

--By order of secured lender, Tiger Group auctions specialized trucks, tractors and other equipment formerly owned by California's Runway Services International.

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Tiger Group

Dec 12, 2012, 11:25 ET

TUSTIN, Calif., Dec. 12, 2012 /PRNewswire/ -- Tiger Group's Remarketing Services division is auctioning a wide array of specialized trucks, trailers and other equipment used to support airport runway-cleaning operations, but with applications for other businesses and municipalities. Conducted by order of the secured lender, the online sale at www.SoldTiger.com features the former assets of Tustin-based Runway Services International. Bidding is now underway and will close in rapid succession, live auction style, on Dec. 19, beginning at 10:30 a.m. PT.

"This sale will certainly be of interest to airports and companies that provide runway-cleaning services," noted Jeff Tanenbaum, president of Tiger Remarketing Services. "However, the trucks, tractors, compressors and even a street-sweeper being auctioned could also be quite valuable to municipalities and businesses with specialized needs."

The preview will be from 9 a.m. to 4 p.m. on Tues., Dec. 18, at 14312 Franklin Ave. in Tustin.

Among the lots available in the sale are two Freightliner truck tractors. One is an Argosy quad axle with a bed-mounted pressure vacuum system, 2004 Caterpillar compressor (1,082 horsepower) and high-pressure pump, Roots rotary lobe blower, vacuum tank and related controls. The other is a 2006 Argosy tri-axle.

The street sweeper is a 1992 Ford F700 with dual steering wheels, dual accelerators and brakes. Also available at auction are four trailers: a 2002 Brooks Gooseneck, tandem axle, with a 2,200-pound hoist capacity, dual water tanks and storage bin; a 2002 Brooks tandem axle with Coleman Power Mate portable electric generator, Ingersol Rand air compressor, water tank and other equipment; a 1998 Fruehauf tri-axle with three water tanks; and a 1990 Timpte Gooseneck, single axle, with dolly.

For the complete technical specifications and digital images of specific inventory items, visit http://auctions.tigergroupllc.com/cgi-bin/mndetails.cgi?tigergrp63.

For more information about this sale, call 800-758-8443, to speak with an auction team member.

About Tiger Group
Tiger Group provides advisory, restructuring, valuation, disposition and auction services within a broad range of retail, wholesale and industrial sectors. With over 40 years of experience and substantial financial backing, Tiger offers a uniquely nimble combination of expertise, innovation and financial resources to drive results. Tiger's seasoned professionals help clients identify the underlying value of assets, monitor asset risk factors and, when needed, convert assets to capital in a variety of ways quickly and decisively. Tiger's collaborative and no-nonsense approach is the foundation for its many long-term 'partner' relationships and decades of uninterrupted success. Tiger operates main offices in Boston, Los Angeles and New York. To learn more about Tiger, please visit www.TigerGroupLLC.com.

SOURCE Tiger Group