Thursday, February 12, 2015

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.

Monday, February 9, 2015

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.

 

Sunday, February 8, 2015

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. 

Tuesday, February 3, 2015

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. 

Monday, January 26, 2015

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 2nd -3rd, 2015 from 9 a.m. to 4 p.m.   The online auction opens February 2nd 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.

Sunday, January 18, 2015

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 28-29th.   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 29th.  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.

Friday, January 16, 2015

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.