Asset disposition experts New Mill Capital buys and sells excess equipment and real estate across a broad range of industries. This January the firm will auction a 300,000 square foot glass bottle production facility, formerly of Ardagh Group.
Ardagh Group supplies recyclable metal and glass packaging products for market leading brands and operate production plants in 12 countries.In early 2019 the firm announced the closure of its facility in Lincoln, Illinois. The closure was described as a ‘footprint adjustment’ as Ardagh Group focus on enhancing the competitiveness and effectiveness of their operation alongside reducing costs. Ardagh plan to focus efforts in growing opportunities in the food and alcoholic beverage industries. The closure follows the shutdown of the Ardagh Group plant in Milford, Massachusetts, in 2018.
Bidding in lots in the online auction will close on the 22nd of January. The assets may be inspected ahead of the sale by appointment only and include: 2005 glass cool down ovens; Munson mixer; bottle inspection; Rotoblast bead blast cabinet; electrics; air compressors and dryers; stores room; strapping; Lantech pallet wrappers; balers; blast cabinets; spray booth and plant support.
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