The assets of Warvel Products, former makers of custom window frames, will be hitting the auction block on Wednesday, March 20, 2013. AccuVal-LiquiTec, an industry leader in corporate valuation, advisory and liquidation services, was chosen by the secured lender to conduct the auction which will be conducted onsite and via webcast.
The sale features a large variety of machinery and equipment used in the production of curved wood window frames including CNC bridge-type routers, finger jointers, hydraulic bending and laminating presses, arch molders, dust collectors, veneer clipper, profilers and pulverizers.
Also to be sold at auction are band, gang and rip saws, glue spreaders, shapers, paint booths, plant support equipment and rolling stock. In addition to the machinery and equipment on site, there is a large quantity of finished goods, raw material and work-in-process that will be up for bid.
“This sale is an exciting event as it includes a wide variety of machinery for those in the woodworking industry,” noted Marc Swirsky, president – Liquidation Services at AccuVal-LiquiTec. “When an opportunity to buy assets such as these at auction arises, it presents a wonderful opportunity to our customers regionally as well as across the country.”
AccuVal-LiquiTec provides corporate valuation, advisory and disposition services.