auctions

Auctions and Liquidations

Plastic Machinery & Parts (PMP) has extensive knowledge and expertise in auctioning Industrial Assets. We have extensive experience inspecting industrial facilities, valuing equipment and preparing customized programs for auctioning assets. Working with and partnering with many different auctioneers allows us to provide the best service for your particular needs. In order to achieve our goal of complete customer satisfaction, PMP studies each sale carefully and tailors a specific program to meet the individual needs and objectives of the client.

PMP provides a full-time staff of experienced field supervisors on site to prepare a plant for auction. These supervisors, manage the cleaning, lotting, grouping and tagging of all machinery, equipment and tooling in the plant in order to maximize value. Detailed lot catalogs with extensive pictures and detail are also prepared to assist buyers during the auction event.

The ability to attract buyers to an auction is paramount to its success. At PMP Industries, we maintain a mailing list of proven buyers categorized by both geographic area and type of equipment. These lists, combined with other marketing tools (color brochures, newspaper advertisements, trade publication advertisements, fax mails and e-mails) enable us to target the right buyers for each sale. In addition, our use of BidSpotter.com allows on-line bidding from anywhere in the world. One key factor in getting the best return for your equipment is the ability of PMP to pre-sell, on some occasions, in order to be able to get Orderly Liquidation Value, OLV, for your equipment instead of Forced Liquidation Value, FLV.

Plastic Machinery & Parts prides itself on providing "hands on" service prior to, during and after each sale. All auction sales are managed by a principal of the firm who is available seven days a week to discuss the status of an auction, address any concerns or simply answer questions.