A Tiger Commercial & Industrial online auction will feature equipment and inventory from Grow Materials, a worldwide distributor of industrial plastics resins and raw materials.
Conducted on behalf of a court-appointed receiver, the timed, online auction at SoldTiger.com opened on Thurs., Aug. 20, at 10 a.m. (CT) and will close on Thurs., Aug. 27, at 10 a.m. (CT).
Buyers will find raw materials and plastics inventory originally valued at more than $6 million, along with lab equipment, material-handling assets and furniture, fixtures and equipment (FF&E) from Grow Materials’ former plants in Cartersville, Georgia and Houston.
Grow Materials handled a diverse array of plastics, including regrinds, pellets, various baled fibers and fiber spun on cones, along with post-industrial finished products that had not passed quality control. “For example, they would acquire mixed purging and a variety of resins from large injection molding and resin companies and then identify, test and sort these materials for resale back into the market,” John Coelho, senior director of Tiger Commercial & Industrial, said. “The goal was to enable customers to replace virgin feedstock with recycled materials without any loss in quality.”
Highlights of the sale include:
Lab Equipment
- Spectrometers, melt indexers, servos, electronic scales, lab peripherals and more.
- Nissei NEX80V 88-ton all-electric injection molding machine with TACT5 control
- Matsui DMZ2-80U dehumidifying dryer with Matsui HD2-15DH hot air dryers
- Instron 9050 pendulum impact tester with Instron C-6898-000 motorized V-notch broaching machine
- Tinius Olsen MP1200 melt flow indexer with touchscreen
- TA Instruments Discovery DSC25 calorimeter with refrigerated cooling system and Dell XPS laptop
- Thermo Nicolet iS50 FT-IR spectrometer with Smart iTX and Dell Inspiron 14 2022 i5 laptop
- Mettler Toledo MY104 analytical balance with touchscreen
Material Handling Equipment
- LP gas forklifts, hydraulic bulk box handler, Manitou lift machine, ladders, carts and pallet jacks.
Rolling Stock
- Automobiles, including:
- 2022 BMW 330i XDrive
- 2014 BMW 328i XDrive
- 2018 Tesla Model S
Furniture, Fixtures & Equipment
- Stackbin industrial steel workbench with office chair along with custom office furnishings, reception, seating, laptops, PCs, printers and Apple computers.
Engineering Resins
- Nylon (polyamide PA6, PA66, PA6/66, PA6/10, PA6/12, PA12)
- PC (polycarbonate)
- Acetal (polyoxymethylene)
- PET (polyethylene terephthalate)
- PBT (polybutylene terephthalate)
- PC/ABS (polycarbonate/ABS)
- PP (glass fiber filled PP – unfilled pellet [Braskem], Eastman G-3015 Synthomer)
- LCP (liquid crystal polymer)
- TPE (thermoplastic elastomer)
- PPS (polyphenylene sulfide)
- ABS (acrylonitrile butadiene styrene)
- PMMA (acrylic – polymethyl methacrylate)
Specialty Materials
- ACP (acid copolymer)
- TPE (thermoplastic elastomer)
- HMWPE (high molecular weight polyethylene)
- PP elastomer
- POE (polyolefin elastomer)
- EVA (ethylene-vinyl acetate)
