Hilco Global company, Hilco Industrial, has expertise in the monetization of industrial machinery, inventory and equipment, working with businesses across a wide range of industries. This March Hilco Industrial will sell a complete modern foundry located in Scunthorpe, UK. The assets come to the market following the appointment of administrators to Bonds Heavy Castings Ltd.
Bonds Heavy Castings manufacture high-chrome iron and high-integrity steel casting across three facilities in Northern England. Administrators were appointed to the business in December 2019, after facing market and operational challenges.
The online auction comprising 456 lots closes on the 26th of March. The assets, which may be viewed by appointment only, include: Inductotherm electric tilting induction furnaces with 2 Pauwels transformers and control room; crane suspended bottom pouring ladles; surface treatment and shot blast facility; FTL sand reclamation plant; Richards gas fired thermal sand reclamation plant; Vulcan Europe/ABB robotic grinding station; SMP moulding facility; Webster & Bennett CNC vertical borers; Kearns Richards CNC horizontal borer; chain sling rack; open end scrap bins; circular electric lifting magnet; lifting clamps; drop bottom scrap charging buckets; freestanding horizontal ladle preheater stands; welders; pallets of ferrous ingots, bins of ferrous manganese, ferrous chrome and other raw materials; raw materials bins; Volvo hydraulic excavator; Volvo articulating dump truck; Bobcat skid steer loader.