Cincinnati Industrial Auctioneers was first established in 1961, growing from a one-person operation to a national corporation.Serving clients across North America, the firm provides asset disposition, appraisal and auction services to Fortune 500 companies, small businesses, lending institutions and government agencies. The firm conducts around 60 auctions every year across a range of industry sectors. CIA is selling equipment from four PPG distribution centers in Georgia, Illinois, Nevada and California. The assets come to the market following site closures.
PPG was founded in 1883 and now supplies coatings, paints, optical products and speciality materials to global markets. The Pittsburgh based company operates 156 manufacturing facilities across the world, with around 47,000 employees. Their products are used in a number of settings, including protective coatings for cars, planes, trains, bridges and buildings, decorative paints and stains and innovative, speciality materials including battery coatings for electric vehicles.
Bidding in lots in the online only auction closes on the 27th of October. The assets can be inspected by appointment only and include:
From the Georgia location: electric reach trucks (2007) and electric rider-type pallet trucks (2015) by Yale; Raymond electric reach truck; electric battery chargers; SSI shredder; ARPAC shrink wrapper; Orion rotary tower stretch wrapper. From the Illinois location: Raymond electric center-rider pallet trucks (2015); Komatsu gas lift truck; Prime electric rider-type pallet trucks. From the Nevada location: electric rider-type pallet truck and electric reach truck by Raymond. From the California location: Raymond electric rider-type pallet trucks.