23rd – 24th May 2023 – Auction of Assets from Vise-Grip Manufacturing Facility

Prestige Equipment, in conjunction with Holland Industrial Group is selling assets from a vise-grip manufacturing plant operated by Malco. The assets come to the market following the closure of the facility located in De Witt, Nebraska.         

Malco manufactures high-performance hand tools used in HVAC, fence and rail installation and exterior remodelling. The firm is headquartered in Annandale, Minnesota. In 2017 Malco expanded to a 500,000 square foot facility in De Witt, Nebraska specialising in the manufacture of locking handle products. They recently announced their withdrawal from that market.

The two-day auction will take place on the 23rd and 24th of May. The assets can be inspected by appointment and include: Stamtec S2-260 260 ton straight side mechanical double crank press; Seyi Sutherland HSD-550 550 ton straight side double crank mechanical press; Minster S-1-200-30-36 200T straight side single crank press; (30+) Federal OBI presses, 46 ton to 125 ton; Allegheny DS-150-88/66 die handler; National 1000 Maxipress 1000-ton forging press; Broaching Machine Specialties VTF 10-66 vertical hydraulic broach; (3) Detroit VTGT 10 Ton x 66” twin ram vertical hydraulic broaching machines; Haas VF-5XT CNC vertical machining center; 2021 Orbitform CNC orbital riveter; 2020 Lindberg/MPH utility box furnace; finishing equipment, machine tools, plant support equipment and much more.

Prestige Equipment was founded in 1990 and offers a wide range of services to businesses, including liquidations, appraisals and online and onsite auctions. Prestige Equipment specialises in the sale and procurement of fabricating machinery and metalworking equipment, as well as complete manufacturing facilities.

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