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.
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