Ohio based Federal Equipment Company was founded in 1957. The firm buys and sells equipment across 275 distinct categories, including assets used in the food, packaging, pharmaceutical, chemical, plastics and rubber industries. Their services include industrial equipment auction, liquidation and investment recovery programs. In an auction held in conjunction with Holland Industrial Group and Proxio Group, Federal Equipment Company will sell expanded Polystyrene foam extrusion and laminating lines, plus associated assets, from a 250,000 square foot facility.
The online auction will take place on the 20th of July. The assets, located in Statesville, North Carolina, can be viewed by appointment with the auctioneer only. Lots available in the auction include: laminating lines featuring shop built custom made foam unwind stands, Fairview Machine hot oil heated two roll colanders, steam heated laminating ovens, single turret paper unwinders, air cooling tables, finished product slitter and choppers. Trane outdoor series chillers, Ross model A-32CS 32 cubic foot stainless steel Nauta Mixer, Superior model 6-5-400 natural gas fired packaged boiler, Torit Model DFT3-6 Dust collector, Weima model WLK18/75 V rotor quiet and slow speed single rotor granulator, Battenfield Gloenco model 1456 granulator, Heatec 4 million BTU horizontal hot oil heater, Berstorff model KE90/120 X 32D single screw reclaim extrusion line, Beringer underwater pelletizer and spin dryer, Sentinel 120/150mm tandem foam line line, Glouster Engineering 6”/8” tandem foam line, Sentinel Challenger dual station dual turret winder and much more.