PPL Auction is part of the PPL Group, leading experts in industrial liquidations and auctions. The firm has extensive experience selling assets ranging from specialised equipment to complete facilities and multiple plants. PPL Auction is selling equipment including lasers, press brakes, presses, welding equipment and CNC equipment from Southeastern Metal Products. The auction is held in conjunction with Cincinnati Industrial Auctioneers and Myron Bowling Auctioneers Inc.
Southeastern Metal Products was established in 1952 and acquired in 2006 to become a Juno Investments LLC portfolio company. The firm specialises in metal fabrication and sheet metal stamping. Their services include laser cutting, machining, welding, tool design and finishing and assembly.
Day 1 of the 2-day webcast auction takes place on the 12th of August. The assets are located in Charlotte, North Carolina and can be viewed on the day before the sale. Lots featured in the sale include: CNC lasers manufactured by Komatsu, Trumpf and Cincinnati. Acupress, Trumpf and Amada press brakes. Presses including 300 ton Clearing Niagara press, 200 ton Seyi gap frame press with servo feed line and OBI presses up to 200 ton by Southbend, Danly and Bliss. Fabrication equipment including Cincinnati squaring shear and Wysong plate rolls. Welding equipment including Miller and Lincoln Tig and Mig welders and spot welders by Sciaky and Federal. CNC, inspection, toolroom and support equipment including Haas SL-30T CNC turning center, HP Bridgeport mills, Okamoto ACC-12.24ST surface grinder, saws, lathes, air compressor and dryers by Sullair, Ingersoll Rand and Atlas Copco, Gorbel free standing cranes systems and more.