Industrial Auction News 21

28th July 2020 – Sale of Sewing Machines and Other Assets from Seating and Trim Manufacturing Firm

Asset management specialist Hilco Industrial has expertise in maximising the value of surplus and underperforming machinery, inventory and equipment. The firm provides a range of services to clients across industry sectors including live timed online auctions, webcast auctions, onsite auctions, private negotiated sales and turnkey sales. Hilco Industrial is selling equipment used in the manufacture of seating and trim products, formerly of Stylex Auto Products.

Stylex Auto Products specialised in the design and manufacture of seating and trims for the marine, automotive and leisure industries. The firm also manufactured seat protectors and accessory mats. Stylex Auto Products was placed into administration in June this year.

The online auction takes place on the 28th of July. The assets are located in Scunthorpe, North Lincolnshire and can be inspected on the 21st and 22nd of July, by appointment with the auctioneer only. Offers will be considered ahead of the auction. Items featured in the sale include: Richpeace RPAS -L-R-1-1500X800-AB-IS2-VR2-LH50,RH360, UTC-1P240 CNC automatic industrial sewing machine (2019); Gerber Taurus II SLD automated leather cutting machine (2015); Assyst Bullmer Type Premiumncut CV carpet cutting machine; Gerber CT XL CNC automated cutting machine with spreader and roll arm feed (c2013); H&H Machinenbau Type PUVS-280P hot melt applicator/premelt machine (2016); ZSK Sprint 6 12 needle/colour embroidery machine (2015); Juki Model LU-2216N-7 long arm industrial sewing machine; Mitsubishi PLKG1010 bar tack sewing machine; Mitutoyo BN715 co-ordinate measuring machine; 20 Durkopp Adler M-Type 867 Classic industrial sewing machines (up to 2019); Veit FX Diamond FXCFL 1600 laminating machine (2016); around £1m of stock of leather, vinyl, trim, fabrics etc and much more.

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