AUCTION CASE STUDY

AUCTIONS SERVICES FOR DEFUNCT PULP PROCESSING FACILITY

Project Description

Our client was a municipality that assumed ownership of a long-defunct pulp mill. When the mill’s previous owners failed to reopen the mill, the town diversified its economy to include freight shipping. To make room for a new port, it opted to decommission the mill.

To expedite asset recovery, we hosted a two-day auction to sell more than 200 lots. We salvaged more than 5,000 pieces of equipment, machinery and parts; this included valves, pumps, washer drums, pulp processing systems, as well as maintenance, repair and overhaul (MRO) equipment and parts.

  • Organizing a two-day, online industrial auction
  • Hosting the sale on an industrial-specific auction platform to target relevant and interested buyers
  • Grouping smaller MRO equipment and parts into larger lots

Plan and Details

Project Type Auction Services
Industry Pulp & Paper

We offered our client a multi-faceted asset recovery solution focusing on maximizing their return on assets while providing a streamlined process for managing and storing their surplus equipment.

More Value
100%
MORE EFFICIENT
100%
More Space
100%

Overall Progress

View Project

Let's Get In Touch

Please leave us a message or schedule a free consultation to learn how our services can help to move your business forward.