New Mill Capital is one of the largest asset disposition firms in North America, with expertise in industrial auction and liquidation. New Mill Capital provides services across a variety of manufacturing sectors including processing, plastics, packaging, manufacturing and food and beverage. The firm also hold more than 15 million square feet of idle manufacturing plant across the United States. New Mill Capital is selling assets from the former Garelick Farms fluid milk plant located in Lynn, Massachusetts.
Garelick Farms is a Dean Foods brand. Established in 1931, it has grown to be one of the largest dairies in the north eastern United States. Garelick Farms products include milk and cream, flavoured milk, juices and egg nog. The closure of the Garelick Farms facility in Lynn was announced in 2018. The plant – which occupies 17.5 acres – was purchased by a Boston based developer in 2019.
Bidding in the online auction of more than 500 lots opens on the 23rd of September and will close on the 30th of September. The assets can be inspected by appointment only and include: 20,000 gallon all stainless jacketed silos with vertical agitation; stainless steel juice tanks; 10,000 gallon stainless steel aseptic jacket vacuum rated vertical tanks with vertical agitators; valve clusters; carton fillers homogenizer; HST; pumps; case erectors; CIP; air compressors; conveyor; boilers and much more.