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.