Turnkey Operation for Large "Bottle to Bottle" Recycling Facilities

At Rabin our services extend beyond auction and liquidation sales as we recognize that this is not always the best strategy to realize value for our clients.  Certain facilities already have a proven, successful business model, intellectual property and experienced employees and merely require investment of capital and the right professional management.  In these situations, the optimal solution is to sell the operation through a turnkey process. 

Currently we have listed just such a turnkey opportunity from one of the world’s largest “bottle to bottle" recycling facilities (Formerly of a Fortune 500 Company).  Previously the operation had produced 100 million pounds per year of food-grade recycled polyethylene terephthalate (PET) plastic for reuse, the equivalent of nearly 2 billion 20-oz. plastic water bottles.  

Located in Spartanburg, N.C., this large operation includes a 35-acre parcel with a 50,000 sq. ft. recycled process building that has 20’ ceilings as well as a 60,000 sq. ft. final process production building.  Both of the buildings are complete with separate office space, a compressed air supply and their own maintenance area.  The facilities had a total of $60 million invested in them since 2008.

A brief sampling of equipment includes a Bollegraah bottle recycling system with Titech model 1400 & 2000 color & metal sorters, West Salem bale breaker with bottle cap eliminator, Selco-Green Machine final waste baler with aluminum can and waste plastic recovery bins.  Other featured items are color & metal sort decks that include: Satake ScanMaster-II color sort machines as new as 2010, PowerSort 200 optical scanner, complete metal sort deck with (16) S+S metal detectors, plus Forsberg de-stoners, stainless infeed and crossover feed screws.

The facilities equipment consists of a new (unused) waste water system with Centrisys decanter centrifuge, RO skid and stainless settling tanks.  Also Quincy 300 hp air compressors, Cummins emergency gen set, and material handling trucks along with maintenance shop.

Please see our website for more information regarding this turnkey operation.  While you are there, take a look at other upcoming auctions, or contact us if have further questions or want to learn more about Rabin’s extensive services.

As professional industrial liquidators, Rabin Worldwide offers their clients a wide range of services.  In addition to being specialists in providing companies with expert asset recovery services and asset valuation, they also run an in-house commercial real estate investment and management company.   Rabin is headquartered in San Francisco with a European subsidiary office in Manchester, United Kingdom.

Exciting Turnkey Opportunity for a Bottled Water Packaging Facility

Rabin offers clients services that go beyond auction and liquidation sales as frequently this is not the best strategy for a company.  In many cases, a business already has a proven record of a successful business model, an intellectual property and experienced employees and just requires an investment of capital along with a professional management team.  At Rabin our solution is to sell the complete operation through a turnkey process. 

Currently we have a listing for a complete turnkey operation for the former Advanced Refreshment and Niagara Bottling facility through March 23, 2015, or will be announcing an auction sale date for some time in April.  The facility is located in Burlington, Washington  (65 miles north of Seattle), and had previously generated a weekly yield of over 15 million bottles, in 24 pack cases, or approximately 650 cases per week. 

The operation is comprised of a 65,000 square foot production facility with four late model bottle-making/packaging lines for spring, distilled, flavored, and enhanced bottled water products.  Equipment features three Krones bottle-making & filling lines (400 to 600 bpm): with S16 & S20 Coniform blow molders, Krones vlumetric filler/cappers, Krones sleeve wrapper, Kisters tray packers, Arpac overwrappers, Pressco vision systems, Domino Amjet laser coders, and Sentry conveyor systems.  Other equipment highlights include a 2.5 gallon bottle-making & packaging line (running 50 bpm) as well as a water processing & purifying department.   The facility and general plant has three 450 hp high pressure A/F compressed air sets for blow molding operation and a Kaeser screw compressor for general plant needs.

Please check the Rabin website for all of the details regarding this bottling facility or to get the date if the facility goes to auction in April.  In addition our knowledgeable staff will be happy to help answer any further questions you may have. 

Rabin is an international company that specializes in creating liquidity for complex manufacturing facilities with idle or marginally productive assets.  Our operations include selling entire plants, multiple plant locations, or surplus individual items by auction or liquidation and much more. Rabin is headquartered in San Francisco with a European subsidiary office in Manchester, United Kingdom.

Rabin Answers FAQs Regarding Liquidations

 

For most people, dealing with liquidation is a new experience and one that may bring confusion and lots of questions.  You may be wondering how to start and need answers. Keep in mind that while there are general terms and conditions to liquidating a business, there are different types of liquidations, with their own specific requirements and conditions.  

So why do companies liquidate?  The primary reason for liquidating a company is to have their assets and properties appraised and sold with the money from the sale redistributed to creditors.  If there are surplus funds, they are given back to the shareholders at which time the business ceases to exit. 

A Creditors’ Voluntary Liquidation:  If you are running an insolvent company and want to voluntarily place your business into liquidation (before your creditors do so), a special resolution must be passed by a majority of shareholders.  At this time, a business usually stops normal operations.   As head of the company, you are required to call for a meeting of the creditors in order to update them on the financial condition of the company.  Finally a liquidator must be appointed and a liquidation committee formed.

Members’ Voluntary Liquidation:  This is a different type of liquidation and is done in response to an owner choosing to close a business due to retirement or other reasons.  A company will need to appoint a liquidator and the process is similar to a creditors’ voluntary liquidation.

Compulsory Liquidation:  This is a forced court ordered process and occurs when the business’ creditors file a petition with the courts in an effort to receive some of the money owed to them.  Often the sale of the insolvent company’s assets will not bring in as much money as the amount of debt.  In this case, the liquidator makes the determination how the money is distributed to creditors.

Please see our website for more information regarding our liquidation and auction services.  Rabin has the expertise to help you through the process. 

Rabin is an international company that specializes in creating liquidity for complex manufacturing facilities with idle or marginally productive assets.  Our operations include selling entire plants, multiple plant locations, or surplus individual items by auction or liquidation and much more. Past auctions include names such as Hostess, Braniff Airlines, Montgomery Ward, and the Railway Express Agency.  Please contact us to learn more about our professional services.  

Unused Ani Mineral Processing Ball Mill for Immediate Sale

The Rabin Company is now offering an exceptional opportunity to purchase an unused Ani Mineral Processing ball mill.  We are accepting offers for the mill that was manufactured in 2001 and has never been installed or used.  The item is located in Quebec, Canada.   

The Ani Mineral Processing ball mill is designed for iron ore and is a wet overflow discharge model.  The dimensions of the item are 21.75' x 43' (6.63m x 13.11m) and it has two 6,700 HP (5,000 kW) motors.  The ball mill has the capacity to grind material that is fed at a dry rate of 325 MTPH and a feed size of F80 430 microns to produce a product of P80 57 microns.  It has a dual pinion drive that consists of two 5000 kW (6700 HP) and Alstom 8 pole slip ring electric motors.  With a fixed operating speed of 12.809 RPM, the mill provides 77.2 of critical speed.  In addition the ball mill is designed to rotate in both directions.  

This item is sold under our normal terms and conditions, and full payment of the purchase price must be made in United States Dollars, and must be made on the day of sale as set forth in the invoice sent to the buyer upon sale.  In addition, any and all foreign duties and taxes are also the responsibility of buyer.  For the full terms and conditions of sale, please refer to our website.

Also go to the Rabin website for the contact information regarding this great opportunity to buy an unused Ani Mineral Processing ball mill.  While you are there, be sure to check out our other great auction items.    

As professional industrial liquidators, Rabin Worldwide offers their clients a wide range of services.  In addition to being specialists in providing companies with expert asset recovery services and asset valuation, they also run an in-house commercial real estate investment and management company.   Rabin is headquartered in San Francisco with a European subsidiary office in Manchester, United Kingdom.

Auction for Surplus Equipment from a Producer of Artisan Breads

 

The Rabin Company will hold an upcoming ONLINE ONLY auction to sell surplus equipment from the Wenner Bakery, a producer of artisan breads.   The March 19, 2015 public auction will take place at bidspotter.com.  The Wenner Bakery is a producer of artisan fresh, par baked and frozen breads and is selling equipment that is no longer needed.  The pre-inspection for the auction will take place on March 18 from 9 am – 4 pm, or if desired, by earlier appointment.  The equipment is located at the following sites: 2001 Orville Drive North, Ronkonkoma NY, 44 Rajon Rd., Bayport NY, and 571 Jersey Ave. New Brunswick, NJ.

This auction will feature two Diosna SP240E tandem spiral mixers with discharge conveyor and elevator, two Hobart V-1401 vertical mixers, an Urschel stainless M-L dicer, and a Wachtel Columbus stainless deck oven with proof box and loader.  Auction items also include BMD and Empire bagel formers as well as an Empire bagel dough divider. 

In addition there will be several models of APM semi-automatic baggers, a few models of Formost paddle bread baggers, and a large selection of packaging equipment.  Also among the sale items are Rademaker oven load/unload conveyors. 

For a complete listing of the items from the Wenner Bakery online auction, along with photographs and specifications, please visit the Rabin website.  Once there you will find all of the details as well the information on how to register to bid and the terms and conditions of the sale.  

Please contact one of our sales staff if you have further questions about this upcoming auction or any other auction listed on our site.  We are also happy to help if you want to sell your surplus equipment or would like more information regarding Rabin’s other services.

Rabin has been assisting companies with creating liquidity through innovative solutions for over 60 years. Our operations include selling entire plants, multiple plant locations, or surplus individual items by auction or liquidation and much more. Contact us for more information regarding our professional auction liquidation services.

Some of the Most Expensive Items Sold at Auction

Since Rabin is one of the foremost industrial and commercial liquidators and has sold equipment assets in every trade sector and on almost every continent, we thought it would be fun to learn more about other types of auction sales.  In a recent article from Town and Country’s online site, they listed some of the most expensive luxury items sold at auction over the last several years.  Here is a sampling of some of those items.

An extremely rare stamp was sold at auction in June, 2014 and set a world record for its $9.5 million selling price.  The 1856 Magenta one-cent stamp is from British Guiana and was a part of the collection of John W. Dupont.  Another item, a rare 1719 ‘Macdonald’ Stradivarius viola failed to attract a buyer when it also went up for auction last year.  It was a sealed bidding process and the seller’s lowest asking price was $45 million.

In late 2013, Christie’s Auction House sold one of a series of balloon-like sculptors by Jeff Koons.  The Balloon Dog (Orange) sold to an anonymous telephone bidder for $58.4 million, and according to the New York Times, became the most expensive work by a living artist to sell at auction.   Also sold in 2013 was the Clark Sickle-Leaf Carpet.  This carpet is from around the 1700’s and is thought to be from the Kerman Province in what is now Iran.  The carpet sold at Sotheby’s New York for $33.7 million. 

The world record for the highest price paid at auction for a diamond is the Graff Pink emerald-cut 24.7 carat diamond.  It sold at Sotheby’s in 2010 for $46.1 million.  An $11 million world record for a pocket watch goes to an anonymous bidder in 1999.  It was a 1933 Patek Philippe, which took more than six years to assemble.  Finally the most expensive bottle of wine was a jereboam of 1945 Chateau Mounton Rothschild that sold for $310,700 in 2007.

Source: townandcountrymag.com/leisure/arts-and-culture/reviews/g753/22-of-the-most-expensive-items-ever-sold-at-auction

Rabin is an international company that specializes in creating liquidity for complex manufacturing facilities with idle or marginally productive assets.  Our operations include selling entire plants, multiple plant locations, or surplus individual items by auction or liquidation and much more. When you need to sell assets, realize your maximum value by using the services of highly experienced commercial liquidators.

Auction for Co-Packer of Prepared Salads, Sauces, Dips and Spreads

 

Rabin is holding an upcoming auction in association with Capital Recovery Group & PPL Auction Group for the equipment from the former Hot Mama’s.  The online auction opens for bidding on March 2, 2015 at bidspotter.com and closes on March 5th. 

The auction’s pre-inspection will take place on March 4 from 9 am – 4 pm, or if desired, you may inspect items by appointment at an earlier date.  The location of the equipment is 120 W. Palatine Road, Wheeling, Illinois.  Furthermore, without exceptions, the final date for check-out is Friday, March 13^th and any items that have not been checked out will be deemed abandoned. 

Auction items from this specialty food producer of prepared salads, sauces, dips and spreads include some items that have never been used. These are a Praxair Coldfront 40" x 16' LN2 IQF tunnel that was purchased new in 2013 and is still on a skid.  A Quadrel Q65A top and bottom automatic labeler that is also new as of 2013 and still crated.  Lastly, an Olney GP24 flotation/destoning washer still on a skid and purchased new in 2013. 

Other items include preparation equipment such as two Stephan high-speed batch mixers (model TK 150) and four Stephan Microcut emulsifiers (models MCH-15, -20, and MCH-D150N).  There is filling equipment such as the Pack Line 12 station rotary cup filling machine for 5" dia. cups and Pack Line 2 up cup filling and sealing machine (model PXG-2-PAO).  Additional auction items include equipment for packaging, test kitchen & QC lab and mobile equipment such as a Hino 24' refrigerated box truck.

For the complete listing of items, go to our Rabin website.  There you will find more comprehensive details as well as all of the information on how to get registered to bid.  If you need further information or have questions, please contact us.     

Rabin is an international company that specializes in creating liquidity for complex manufacturing facilities with idle or marginally productive assets.  Our operations include selling entire plants, multiple plant locations, or surplus individual items by auction or liquidation and much more.auc

Rabin is headquartered in San Francisco with an office in Manchester, United Kingdom.  Please contact us to learn more about our services.

 

 

Live Auctions are Fun and Exciting!

With several on site auctions happening over the next couple of weeks, we thought we would take a moment to remind future bidders of the excitement and action that takes place at one of our live auctions.  At Rabin we know that for many the convenience and ease of our online auctions is crucial to being able to participate, but for those that can travel, attending a live auction is lots of fun!  

There are even some benefits to being at the auction site.  We all know that no matter how good pictures may be, nothing beats the opportunity to inspect an item up close and in person.  Another advantage is that if you come early, you will be able to attend the public pre-inspection of the auction items.  This allows you to look the equipment and machinery over carefully.  Also if you are unable to stay for the full duration of the live auction, we can easily set you up to continue bidding from an online location as Rabin’s live auctions are simultaneously on the Internet. 

At the auction site, you will have the chance to meet our team and perhaps even get some inside information on items you are interested in bidding on.  In addition you will have the opportunity to meet new contacts and network with others in your line of business.  You can also feel out your competition to get some idea of what you are up against when it comes time to bid.   

Being at the auction site can also be helpful in figuring out how to move your new items.  The Rabin team will be glad to answer questions regarding the most efficient way to transport them and what size truck you will need.  Furthermore, we can direct you to our experienced contacts that have the know-how to move heavy equipment and machinery. 

As professional industrial liquidators, Rabin Worldwide offers their clients a wide range of services.  In addition to being specialists in providing companies with expert asset recovery services and asset valuation, they also run an in-house commercial real estate investment and management company.   Rabin is headquartered in San Francisco with a European subsidiary office in Manchester, United Kingdom.

Turnkey Opportunity of PET Plastics Bottle Recycling Facility

 

At Rabin we understand that in many cases an auction or liquidation sale is not the most appropriate strategy to realize value for our clients.  There are certain facilities that already have a successful business model, intellectual property and experienced employees and are just in need of an investment of capital and the right professional management. It is in these types of situations that a better outcome for our clients may be to sell the property through a turnkey sales process.

Such is the case with the turnkey opportunity for the world's largest Plastic Bottle-to-Bottle Recycling Complex, which was formerly of Coca-Cola.  This unique offering is for a complete, FDA-approved PET bottle sorting, washing, and recycling plant.  It includes the more than 100,000 square foot facility that consists of two buildings on 35 acres, with a capacity of 7.2 million lbs. of input per month.

The turnkey facility is ready to go into immediate production and has a 2 million lbs. silo capacity.  In addition all of the equipment was installed in 2008. Inventory items include:

·         Sorting line of positive TiTech optical sorters and Bollegraaf conveyors

·         Grinding systems of Herbold granulators

·         Clear and colored caustic wash lines with dry and wet cleaning station

·         Caustic/PET flake application line producing 3.5 million lbs. of clear flake for bottle-to-bottle material.

Rabin will have more details coming soon.  This facility is in Spartanburg, South Carolina at 5396 North Blackstock Road.  Our proven ability to successfully navigate through all the aspects of complex sales processes, coupled with our unparalleled experience in executing large scale auctions and liquidations, offer our clients a compelling one-stop-shop value proposition.  Please check back on our website for this and other turnkey opportunities we may have available.

 

As professional industrial liquidators, Rabin Worldwide offers their clients a wide range of services.  In addition to being specialists in providing companies with expert asset recovery services and asset valuation, they also run an in-house commercial real estate investment and management company.  Rabin Management Company currently owns and manages over 1,000,000+ square feet of office, multi-family and retail commercial real estate.  Rabin is headquartered in San Francisco with a European subsidiary office in Manchester, United Kingdom.

 

Our Successful Turnkey Transaction for Davis Cookies

At Rabin we provide turnkey sales and solutions throughout North America and actively market and sell companies in their entirety, including equipment, inventory, intellectual property, customers, and often the attached real estate.  We have the expertise to navigate through all of the aspects of a complex sale process and are able to conduct auctions of any size on behalf of our clients.

One example of our success is from a couple of years ago with the Davis Cookies Company. Along with their partner, CRG, they hired Rabin to sell off all of its equipment assets at auction.  The plant had produced Archway cookies for decades until Archway was force to file for bankruptcy. 

Our solution was to mount an intense marketing campaign to try and secure a buyer.  After four months, we successfully found an interested party that wanted to purchase the entire facility prior to the already scheduled auction.  This resulted in Davis Cookies selling the entire operation, which included retaining all of the current employees.  It was a win-win for our client, the buyer, and the employees as well as for the community.  We were more than happy to cancel the planned auction. 

This is just one of the types of services we provide for our clients.  With over 60 years of experience in the industry, we have gathered quite an extensive buyer database that enables us to target strategic buyers both on a product and a geographic basis.  We bring a unique combination of financial strength, diversified experience and unparalleled professional expertise to take on deals of any size and of any complexity.  Contact us for more information. 

Rabin is an international company that specializes in creating liquidity for complex manufacturing facilities with idle or marginally productive assets.  Our operations include selling entire plants, multiple plant locations, or surplus individual items by auction or liquidation and much more. Past auctions include names such as Hostess, Braniff Airlines, Montgomery Ward, and the Railway Express Agency.  Please contact us to learn more about our services. 

Power Generation & Electrical Machinery Online Auction



 

You may want to take note of another upcoming Rabin auction that will be ONLINE ONLY in our Power Generation & Electrical Machinery division for the company formerly known as USEC.  This online auction will be held at bidspotter.com.  We have not confirmed the date yet, but if you give us your email address, we will send a notification on venue changes, significant updates to the catalog and other important details about this auction.

This auction will offer items that were purchased new in 2008 and were never installed.  Diesel Generators include:  four (4) 2008 Caterpillar M/N 3512CDG/SR4B-GD backup generator, diesel engine, 1537 KVA, 1230 KW, 60 Hz, generator 3 PH, 6-wire, 480 v, 1849 amps, w/muffler as well as two (2) 2008 Caterpillar M/N C27 back-up generator, diesel engine 906 KVA, 725 KW, 60 Hz, generator 3 PH, 12-wire, 480v, 1,090 amps, with muffler.

Heat Exchangers include eight (8) WCR M/N WCRA891M plate heat exchangers, stainless steel, MAWP (hot/cold), 150 psi at 266 Deg. F, MDMT -5 Deg. F at 150 psi, test 195 psig, approximately 80 plates each.  The Electrical Inventory includes: (16) General Electric M/N 9T83C9874-Type QL general purpose power transformers, dry type, 3 PH, 75 KVA, 60 Hz, 480 (+2, -42.40%) voltage; three (3) CD Technologies M/N ARR-M12550F UPS battery chargers, 480 volt; 3 PH, with AC/DC breaker; and ten (10) Flowserve MK3 STD centrifugal pumps.

 

Furthermore, the auction will include a large quantity of Marwin & Flow Tek stainless and brass ball valves, Centerline, Crane Duo & Powell butterfly gate valves, MKS pressure transmitters and transducers, and much more!​  Check our website to see the complete listing of items for sale and to get the date. 

You will also find detailed instructions on how to sign up as a registered bidder, and while you are there, be sure to take a look at other upcoming auctions.  Contact us if have further questions regarding all of our services.

 

Rabin is an international company that specializes in creating liquidity for complex manufacturing facilities with idle or marginally productive assets.  Our operations include selling entire plants, multiple plant locations, or surplus individual items by auction or liquidation and much more. Past auctions include names such as Hostess, Braniff Airlines, Montgomery Ward, and the Railway Express Agency.  Please contact us to learn more about our services. 

Upcoming Auction for a Bread Baking Facility

 

In business for over 60 years, Rabin is a family-held industrial auction and real estate investment company that focuses on the acquisition and sale of industrial equipment and facilities around the world.  We are pleased to announce an upcoming auction for a Bread Baking Facility that was formerly known as the Specialty Bakery Company. 

This auction is ONLINE ONLY and will be held through bidspotter.com.  The inspection site is at 1365 North 10th Street, San Jose, CA and starts on February 2^nd -3^rd, 2015 from 9 a.m. to 4 p.m.   The online auction opens February 2^nd and closes February 4th.   

The auction categories include the Mixing Department, which has items such as APV 1,110 lb. S/S roller bar mixer, High production ice makers, Flour sifting and transfer.  The Bread Line includes auction equipment and machinery such as: Werner & Pfleiderer 4-pocket divider, Benier rounder, Benier 900-pocket intermediate proofer, and SuperGrain sheeter/moulder.

The Baking Department offers items such as: Reed 5-door pass through proof box, (3) Revent double-double rack ovens, (3) Adamatic double-double rack ovens, and Rainier rotary tray oven.  The Bag Line includes the following items: UBE band slicer, Formost bagger, and (2) Kwik-Lok bag closers.  Finally the Plant Support items include: Walk in/Drive in coolers and freezers, Yale LPG forklift, Elliot Magnetek 250 KW gen. set, Boiler and Spare parts.

Please see our website for the complete details on the Bread Baking Facility auction and the information on how to sign up to bid.  While you are there, take a look at our other upcoming auctions and be sure to check back frequently for new listings.  Contact us if you need further information regarding any of Rabin’s services. 

Rabin assists companies with creating liquidity through innovative solutions. We specialize in complex manufacturing facilities with idle or marginally productive assets. Rabin’s operations include selling surplus individual items, entire plants, or multiple plant locations by auction or liquidation and much more.

Auction for a Complete Pasta Manufacturing Facility

 

Among several upcoming auctions for Rabin is the complete Production Facility of Fresh & Filled Pasta, which was formerly the Pasta Reale UK.  The auction takes place Live and Online from January 28-29^th.   Day 1 of the auction is on Wednesday, Jan 28th and starts at 11:00 a.m. (On Site and Online).  The location is at the Premier Inn Gatwick Airport Manor Royal Hotel, Fleming Way, Business Quarter, Crawley, U.K.  At this time, lots 1-399 will be auctioned off.   

Day 2 of the auction opens on Monday, Jan 19th & closes Thursday, Jan 29^th.  This portion of the auction is ONLINE ONLY and, at this time lots 400 – 681 will be auctioned off.  The online bidding is done through bidspotter.co.uk.  The auction preview starts on Jan 27th from 9 a.m. - 4 p.m., or may be done by setting up an earlier appointment.

The complete Production Facility of Fresh & Filled Pasta offerings include exceptional late model pasta equipment for small, medium and large producers.   There is more than a 60,000 square foot production floor with (10) complete production & packaging lines.  Included in auction items are numerous new installations as late as 2013 such as:  Agnelli filled pasta lines with auto mix and shuttle delivery; Italplast pasta extrusion lines for small unfilled products; and MBP 14 & 16 head all stainless multihead weigher platforms. 

Inventory also includes items from: Versatile Packaging Machines for All Food Producers and General Plant & Support Equipment.  A few examples are:  Complete preparation & cooking department with Hobart meat mincers, mixers, kettles & product washers and Daiken skid mounted glycol chiller system (new in 2014).

Please see our website for the complete list of items for auction and instructions on how to sign up to bid.  Be sure to take a look at other upcoming auctions.  Contact us if have further questions. 

Rabin has been assisting companies with creating liquidity through innovative solutions for over 60 years. We specialize in complex manufacturing facilities with idle or marginally productive assets. Contact us for more information regarding our professional auction liquidation services.

Liquid Foods Manufacturing & Packaging Plant Auction



Now that the New Year is here, Rabin has several large auctions on our calendar.  First up in January is the auction for an entire Liquid Foods Manufacturing & Packaging Plant that was formerly known as Royal Food Products.  It will be held on January 21, 2015 starting at 10 a.m. and is both on onsite and online auction.  The preview will take place on January 20th from 9 a.m. – 4 p.m. or you may make an appointment to view items earlier. 

The auction will take place at the Homewood Suites in downtown Indianapolis at 211 S. Meridian Street.  In addition to the equipment and machinery, there is 8.31 acres of real estate available that contain 66,000 square foot of industrial space on 2 of the 6 parcels (not all contiguous).  Two of the acres are zoned for residential use.  The property is at 2322 East Minnesota Street, Indianapolis, Indiana.

The Liquid Foods Manufacturing & Packaging Plant had produced a full range of sauces, dressings, snack dips, energy drinks, and specialty dairy foods and the Rabin website only has a partial listing of the extensive auction items.  The auction will be held in conjunction with BidSpotter, where you will find the complete inventory of items for sale. 

Equipment and machinery for this large auction include categories such as: Dairy Based Process Department; Snack Dip Make-up & Packaging Lines; Drink & Energy Booster Packaging Line (2oz. to 64 oz. P.E.T. bottles); Salad Dressing Make-up Department; Dressing & Sauce Packaging Line to 128 oz.; and Bulk Storage Tanks & Support.  An example of items from the Snack Dip Make-up & Packaging Lines is the complete snack dip make-up deck with cookers, kettles and holding tanks; World Cup rotary cup filling lines for 1.5 oz. single servings to 60 oz. containers. 

 

While the auctioneer does not recommend nor endorse any rigger, rigging company, moving and/or shipping services, Rabin does have several companies posted for information purposes only.  Please see our website for complete details on this auction as well as our other upcoming auctions.  Contact us if you need further information. 

Rabin is an international company that specializes in creating liquidity for complex manufacturing facilities with idle or marginally productive assets.  Our operations include selling entire plants, multiple plant locations, or surplus individual items by auction or liquidation and much more. Past auctions include names such as Hostess, Braniff Airlines, Montgomery Ward, and the Railway Express Agency.  Please contact us to learn more about our services. 

Rabin’s Fascinating History in the Industry

Rabin is one of the few liquidation companies that can provide all of the resources you need whether it is a professional appraisal, to sell surplus equipment and machinery, or liquidate an entire business. As an international family-held industrial auction and real estate investment company in business for over 60 years, we have the size and financial ability to take on deals of any magnitude and of any complexity.  It is a fascinating story of how Rabin developed into one of the top auction and liquidation companies in the world.  

Shortly after serving in WWII and the Korean War, the Rabin brothers started a small business in the early 50’s selling war surplus through liquidations in their hometown of San Francisco.  By the end of the decade, Henry Rabin started his own business with a focus on liquidations. 

The 60’s presented an opportunity for the business to grow by holding several big auctions for companies in the mining business.  The Natomas Company was famous for extracting more than $100,000,000 of gold by hydraulic mining and the Golden Cycle Mining Company.  

The following decade brought the Rabin brothers back together to form Rabin Brothers Auctioneers in 1972.  One of the big accomplishments in 1975 was selling the Railway Express and their over 200 depots that required Rabin to stage and assemble 26 auctions in different locations across the U.S.  The 70’s also established Rabin as renowned experts in food service auctions with the Rheingold & Schaefer Brewing Companies auction.

By 1987, Rabin’s had its first airline auction with Braniff Airways and introduced the industry to theater-style auctions.  For the first time, buyers could view and bid on items while comfortably seated in a theater-like setting (in this case, out of the blazing sun). Shortly thereafter, all auction companies adopted this method.

In 1995, Rabin expanded operations internationally by opening an office in the United Kingdom.  Further expansion in 2003 included the Asia-Pacific with liquidation and auction of the Kraft chewing gum factory in China followed a few years later by an auction in the Middle East of the Tnuva Dairies, Israel’s largest food maker.  Please see our full history and timeline at the Rabin website. 

Rabin is an international company that specializes in creating liquidity for complex manufacturing facilities with idle or marginally productive assets.  Our operations include selling entire plants, multiple plant locations, or surplus individual items by auction or liquidation and much more. Please contact us to discover how we can help you with our professional asset liquidation process.

Solutions Beneficial to Our Clients and the Community

At Rabin we specialize in finding solutions that not only work for the seller; but we also try to find the best solution for the buyer as well as the community where the business resides.  Such was the case with the Catalyst Paper Mill in Snowflake, Arizona that closed in August 2012.  Since the company did not want the facility to be used as a paper mill in the future, all of the equipment would need to be liquidated. 

Our job was further complicated by a landfill with environmental liabilities and 45 miles of railroad track that had contributed to the economic growth of the community impacted by the closing of the paper mill.  To provide solutions for all concerns, Rabin purchased the property that contained the paper mill, the equipment, machinery and vehicles, the 19,000 acres of grazing land, the landfill and the industrial acreage. 

We sold a portion of the land and the landfill to an adjacent neighbor as well as held a successfully auction for the equipment, vehicles, and machinery.  In addition, we worked with the town and the railroad to come to terms on an agreement that would continue to provide the town of Snowflake services for low-cost transportation of freight.  The final piece of the project was to work with the local water district to discover ways to maximize the 19,000 acres of land.   

This is one example of the Rabin difference.  By building on our decades of experience in equipment auctions and appraisals, we can specifically target manufacturing plants and facilities as well as the equipment and processing lines, and any surplus, new/unused, rebuilt, and used/second hand equipment.  Our comprehensive services include auctioning the equipment as well as repositioning the real estate.

Rabin is an international company that specializes in creating liquidity for complex manufacturing facilities with idle or marginally productive assets.  Our operations include selling entire plants, multiple plant locations, or surplus individual items by auction or liquidation and much more. Rabin Worldwide is headquartered in San Francisco with a European subsidiary office in Manchester, United Kingdom.

Is Your Business Closing? Helpful Tips for Liquidating

If you wish to close your business and have been unable to find a buyer, liquidating assets can offer a valuable solution.  Although before you do anything, you need to take the time to set up a plan, which should include consulting with your attorney and tax advisor.  Also, remember that if you are liquidating assets to satisfy creditors you may need to obtain their consent to do so. 

To get started, make a list of all the company’s assets such as equipment and machinery, office furniture, technical devices, vehicles and property that the business owns.  Include your inventory and intangible assets like business licenses, permits, patents, or trademarks as well as your customer list and business contacts. 

Make a note the condition of the asset, the age, maintenance history and repairs, and any warranty information along with taking photos.  Evaluate the condition of an item, and if anything is worn out or obsolete, it can be donated and used as a tax deduction or recycled.  If you have leased equipment, find out how much you still owe and whether it makes sense to buy it if you think you could sell it for more money than you owe. 

To establish the liquidation value of your assets, it is a smart idea to work with a qualified appraiser.  You are going to want a written liquidation value appraisal before you consider any purchase offers.  By using the services of an a company that specializes in asset recovery and disposition, they can assist with the sale as well as help to determine the best type of sale for your situation whether it is through an auction or liquidation.

Once you start to liquidate these assets, remember to keep good records of the marketing process, purchaser, and the amount of money you received.  You will need all of this information for your tax returns.

Rabin Worldwide is an international company that specializes in creating liquidity for complex manufacturing facilities with idle or marginally productive assets.  Past auctions include names such as Hostess, Braniff Airlines, Montgomery Ward, and the Railway Express Agency.  Please contact us to discover how we can help you with our professional asset liquidation process.