HyperAMS in conjunction with Liquid Asset Partners is auctioning wood and metal fabrication equipment, upholstery and lamination equipment formerly operated by Trendway. The assets come to the market due to plant closure.
Trendway specialises in planning and furnishing workspaces, with products including desks and chairs, storage, tables, moveable walls and screens. Furnishing company Fellowes acquired Trendway in 2019. Earlier this year Fellowes announced plans to close their production facility in Holland, Michigan as part of a number of changes to its contract furniture division.
The timed online auction will take place on the 10th of September. Over 400 items feature in the auction including: 2017 Homag CNC router model BMG 211; 2011 Weeke CNC- Optimat BHX 055; 2008 Homag edgebander; 2008 Weeke CNC router; Spanco 250lb jib crane; 1989 Shoda CNC router; 2017- SNX Technologies edgebander; 1997 Holzma CNC saw; Gorbel 500lb bridge crane; Donaldson Torit Products dust collector; 1982 Black Brothers laminating line; 1998 Heian CNC router; 1978 Mereen Johnson Machine Co. double end tenoner; Black Brothers nip roller; Black Brothers glue spreader; 2023 Freightliner Cascadia tractor trailer and much, much more.
The assets can be inspected by appointment with the auctioneer.
Illinois-based HyperAMS specialises in auction, appraisal and liquidation of assets across multiple industry sectors. The firm works with a wide range of clients, including local, regional and national financial institutions, business owners and private equity firms. The Appraisal Division of HyperAMS provides valuation services for machinery, inventory and equipment whilst the Asset Disposition division specialises in investment in surplus assets, webcast and live auction events.