News was recently released that in Northbrook, Illinois there will be held the largest auction for fasteners manufacturing equipment within 30 years. This is scheduled for February 14-16. Many people are excited for this auction as they will find a lot of information they need. This auction will be proudly held by and as announce by the PPL Group. The PPL group are known as a family company that tend to create maximum liquidity for businesses. Of course, with transition by structuring innovative transactions such as property, plant and equipment acquisitions and disposition, also machinery and equipment acquisition and acquisition for complete manufacturing facilities including real estate.
The Rockford products for this special even were founded in 1929 and ever since they have been succeeding at becoming the world’s largest leading manufacturer of fasteners and cold from components. David Muslin, PPL’s president and CEO mentioned
“This is a unique opportunity to a purchase an unprecedented amount of hard-to-find heading and threading equipment – especially large diameter. There will also be CNC machines, heat-treating equipment, cold former's, milling and turning machines, raw materials, and general plant equipment,” he also said
“This is one of the largest auctions of heading manufacturing equipment in decades,” said Muslin.
“We’re looking forward to a successful auction for Rockford Products. Conducting the auction live and online simultaneously is an incredibly effective way to match serious buyers with valuable assets.”
As mentioned the CEO is excited to hold this auction as it will bring much help for many other companies it is a unique opportunity for many other companies to sell or find products that are hard to find. To be more specific this auction will be held over 3 days and will have 2 live days and one online day and this especially increases the opportunity for a wide variety of people to be able to shop.
ASAP parts services is owned and operated by ASAP semiconductor. It is the first website of its kind to provide a simplified purchasing platform for national stock number with an emphasis on connectors and fasteners.
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