New Mill Capital has expertise in the sale and purchase of surplus manufacturing equipment and real estate across a broad range of sectors, including the food and beverage industry. This February New Mill Capital will sell a 110,000 sq ft food production facility in Atlanta, Georgia, formerly operated by Kellogg’s.
Established in 1898 and headquartered in Battle Creek, Michigan, Kellogg’s manufacture in 18 countries worldwide and distribute their breakfast products in over 180 countries. In August 2019, Kellogg’s announced the closure of their Atlanta frozen food facility. A spokesperson for the company stated that the plant “does not allow for cost-effective expansion and growth of the business”. More than 100 employees were impacted by the closure.
The online auction will end on the 19th of February.Assets may be viewed by appointment only and include: Late model high-end high-speed cartoners; case packing; flow wrapping packaging lines with feed conveyor systems; processors; pumps; stand-alone spiral freezers with refrigeration; ambient spirals; batter system; X-ray; metal detection; checkweighers; engine room; plant air system and support equipment.
Read More:
https://www.newmillcapital.com/asset_sales/frozen-bakery-atlanta
