New Mill Capital has expertise in the sale and purchase of surplus assets across a wide range of industries. Starting this February, New Mill Capital will sell assets from the Kellogg’s frozen bakery and breakfast product plant located in Atlanta, Georgia.
Kellogg’s was founded in 1906 and is a multinational manufacture of a range of food products, including cereals, crackers and toaster pastries. Kellogg’s announced the closure of their Atlanta facility in August 2019. A spokesperson for the company stated that the plant “does not allow for cost-effective expansion and growth of the business.”
The online auction opens on the 27th of February and bidding closes on the 5th of March. The assets may be inspected by appointment only and include: Late model high-end high-speed cartoners; case packing equipment; 5 flow wrapping packaging lines with feed conveyor systems; processors; pumps;4 standalone spiral freezers with refrigeration; ambient spirals; batter system; X-ray and metal detection equipment;checkweighers; engine room equipment; plant air system and a selection of support equipment.