Daily News: September 22, 2014

AccuVal-LiquiTec Auction of Woodworking Equipment Cancelled

The gavel never fell on the assets of Janov Millwork and Manufacturing (JMM), once a premiere fabricator of custom millwork and casework — yet the outcome was nothing less than an unqualified success for all concerned. Although the complete inventory of JMM’s state-of-the-art millworking equipment was scheduled to hit the online auction block on August 6 & 7, 2014, a qualified and motivated buyer emerged before the event and presented an attractive offer to purchase the entire catalog. News of this important development was just announced by AccuVal-LiquiTec, an industry leader in corporate valuation, advisory and liquidation services, who was conducting this online-only auction.

“I believe that the successful outcome of this ‘auction that never was’ is a reflection of the perfect convergence of a collection of desirable and well-maintained assets, expertly marketed to the best range of potential buyers thanks to the professional efforts of our talented staff,” noted Marc Swirsky, president – Liquidation Services of AccuVal-LiquiTec. “I think these results are an example of the success any company can expect from AccuVal-LiquiTec, even when the planned auction never takes place!”