TRURO, Nova Scotia, Nov. 26, 2014 /CNW/ -- Assets from the Intertape Polymer Group Inc. (IPG) facilities in Truro, NS (Canada) and Danville, VA (USA) will be up for bid in a live webcast auction on December 11. The auction is being conducted by Stuart B. Millner & Associates (SBMA) on Bidspotter.com.
IPG is a recognized leader in the development, manufacture and sale of a variety of paper and film based pressure sensitive and water activated tapes.
According to SBMA officials, this auction will prove to be a "great opportunity to purchase manufacturing equipment from an acknowledged world leader in the packaging industry."
How the Live Webcast Auction Will Work
Bidspotter will broadcast the auctioneer's voice calling the sale in real time. Registered participants will listen live, and place bids online. For the Nova Scotia portion of the auction, Shawn Thompson, a representative of SBMA Canada, will be onsite at the facility in Nova Scotia to assist with the auction.
The following is the schedule for the event:
- Truro, NS (Canada) assets – 10:00 AM CST
- Danville, VA (USA) assets – will start shortly after (approximately 10:45 AM CST)
What is in the Auction
Included in this auction is a wide offering of assets for the converting and packaging industry.
The following are the featured assets from the Truro, NS facility:
- Electron Beam Eradiator
- Atlas Unwinder
- 7MM & 100MM Extruders
- Ghioldi Model 2500 Tension Splitter.
The following are the featured assets from the Danville, VA facility:
- G. Praindi & C. 2350MM-wide BOPP Blown Film Line
- Worldwide Automatic Winder/Splicer
- Black Clawson Driver
- Automatic Handling Inc. Core
For inspections on assets in Truro, NS, contact Shawn Thompson (519-820-7653). For inspections in Danville, VA, contact Jeff Brown (434-250-9795).
Stuart B. Millner & Associates is an industrial asset management company that specializes in the appraising, marketing, liquidating and auctioning of assets from manufacturing facilities, power plants and mines in the US. SBMA Canada is a Stuart B. Millner & Associates company that works with clients with facilities in Canada.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/intertape-polymer-group-assets-from-two-facilities-in-international-auction-event-300001697.html
SOURCE Stuart B. Millner & Associates
For further information: Nic Downey, 1-636-744-1400, http://www.sbmac.com