Tiger Group will conduct an online auction on Nov. 12 of textile embellishment and warehouse equipment, blank inventories of apparel and hardgoods, and intellectual property of a wholesale supplier of custom-designed promotional products for the giftware and tourism industries that is now winding down operations.
The offering of manufacturing assets from the company’s 72,000-square-foot Kent, WA, facility includes screen printers from Challenger and M&R; embroidery machines from Hirsch, Tajima and Barudan; Amscomatic folders; dryers and pad printers.
Blank inventory up for bid includes tee shirts, sweatshirts, fleece wear, jackets, hats and caps, socks, mugs, water bottles and totes. Bidders also can vie for intellectual property from the 65-year-old company, including contracts, artwork and graphics, customer lists and website URLs.
“This is a fantastic opportunity to purchase well maintained screen printing, embroidery and pad printing machinery and peripherals,” John Coelho, senior director of Tiger Group’s commercial and industrial division, said. “Screen printers and others in the textile and apparel embellishment industry — along with any company seeking over-the-road rolling stock, material handling equipment, plant support and office FF&E — will be interested in this unique opportunity to purchase exceptionally clean equipment that is perfect for supporting existing operations or startups. The many available M&R screen printing machines have had comprehensive scheduled and preventative maintenance, with all replacement parts purchased directly from the manufacturer.”
Online bidding for the auction will begin at 10:30 a.m. PST on Nov. 5 and will close at 10:30 a.m. PST on Nov. 12. All bidders are required to register prior to the sale at SoldTiger.com.
