Auction Due To Plant Consolidation Of A World Class Multi-Facility Aerospace Engine Component Manufacturer

Machinery Network., Inc., Multi-Million Dollar Offering, Large 3-Day Online Auction

Scarborough, ME (PRWEB) - Ongoing efforts to streamline manufacturing operations has led to an announced plant consolidation at WHITCRAFT Group, LLC, a leading manufacturer of highly engineered, precision formed, precision machined and fabricated products for aerospace turbine engine OEMs and Tier-1 suppliers. WHITCRAFT Group, LLC has declared an Auction of the plant’s manufacturing assets will occur during the first week of October 2020. The company announced that the 3-day, online auction would be held and managed by Machinery Network Auctions Inc., renowned experts in the aerospace and plastic segments, in conjunction with Thomas Industries, Inc. Today, both companies are proud to announce the highly anticipated dates of the 3-day auction event:

The first day of the auction will be on Tuesday, October 6th, 2020 from 1:00 pm ET, at the WHITCRAFT facility located at 28 Pond View Drive, Scarborough, ME 07074; the second day will be on Wednesday, October 7th, 2020 from 1:00 pm ET at the facility located at 2040 West Rio Salado Parkway, Tempe, AZ 85281; and the third day will be on Thursday, October 8th, 2020 from 1:00 pm ET at the facility located at 5250 NW 33rd Avenue, Fort Lauderdale. FL 33309.

WHITCRAFT has been a trusted supplier of highly engineered aerospace components and manufacturing partner for well-known staples in the industry such as GE Aviation, Pratt & Whitney, the U.S. Government, Collins Aerospace, Sikorsky, and many more since 1960. During this time, WHITCRAFT Group, LLC has become a trusted partner to all of these companies due to their exceptional reputation for consistent high quality and production reliability. This exciting and highly anticipated auction event will offer buyers an opportunity to buy exceptionally well maintained 5-Axis equipment as late as 2019; (28) CNC machines including a 5-Axis Mitsui Seiki; Hermle; 4-Axis Kiwa; (6) Fanuc Robodrills; Feelers; Matsuuras; (18) EDMs; late model, name brand, inspection equipment including (3) CMMs; support equipment; a huge array of tooling; and, much, much, more.

Machinery Network Auctions is your premiere source for industrial machinery auctions in North America and beyond. Gary Treisman, the President and CEO and his team at this aggressive and increasingly renowned company have managed, appraised, and sold over $1 Billion in machinery and related industrial assets in the U.S., Canada, and Mexico over the past 30 Years. With over 1000 machinery auctions and transactions to their credit, Machinery Network Auctions remains uniquely qualified to offer its clients a wide array of auction and liquidation services.

For further information about Machinery Network Auctions, or to find out how to register for this auction, visit their website at http://www.machinerynetworkauctions.com or contact them directly at (818) 788-2260 or via email: info@machinerynetworkauctions.com