Industrial Auction News 46

14th July 2020 – Sale of Tissue Converting Lines and Plant Support Equipment

Ontario-based Infinity Asset Solutions is a full-service asset management provider with more than 85 years of experience. The firm specialises in industrial auctions, liquidations, appraisals, asset remarketing and audits across a wide range of industry sectors. Infinity Assets Solutions will this July sell tissue converting lines and plant support equipment surplus to the ongoing operations of Cascades Tissue Group.

Cascades Tissue Group is the fourth largest manufacturer of tissue paper in North America and the industry leader in Canada, specialising in products made mainly from recycled materials. Their products include packaging materials, container board, speciality papers, paperboard, structural components, private label tissue products, consumer and professional hygiene products and tissue papers. The firm was established in 1964 and now operates 90 production units located across North America and Europe, employing over 2,000 people. Cascades Tissue Group was included amongst the Global 100 Most Sustainable Corporations in the World, an annual list last published in January 2020.

The online only auction will close on the 14th of July. The assets are located in Kingman, Arizona and are available for viewing by appointment only. The sale includes six individual tissue converting lines, featuring: Embossers by Perini, PCMC/Northern Engraving and Bretter; Perini, CMC and Bretting backstands; PCMC and Karnel tail sealers; accumulators by Perini and PCMC; wrappers and cranes. The auction also features plant support equipment including: American Paper Recycling baler; 1986 Load King vertical baler; 1997 Mclain/Epco vertical baler; 2013 Phoenix PLP 2100 skid wrapper; 2012 Wulftec skid wrapper; Gardner Denver air compressors; 2007 Sweed bandit wire chopper.

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