AllSurplus to Conduct Online Auction of Surplus Equipment and Machinery for Leading Arms Manufacturer in U.S.
March 06 2024 - 4:30PM
Liquidity Services (NASDAQ: LQDT), a leading global commerce
company powering the circular economy, today announced it is
partnering with RemArms, a leading firearms manufacturer, to sell
equipment and materials that will result from the scheduled closure
of its iconic Ilion, New York manufacturing plant, the
longest-operating firearms manufacturing site in the U.S. As part
of a strategic move by the company to relocate its manufacturing
operations to a modern facility in LaGrange, Georgia, more than 600
arms manufacturing assets are currently available through a series
of auctions on AllSurplus.com, the leading online marketplace for
surplus business assets.
“As RemArms’ strategic partner, we are confident the
upcoming auctions will produce strong sales results by delivering
interest from both domestic and international buyers,” said Chris
Register, vice president of corporate sales for AllSurplus. "This
is a great opportunity for buyers to purchase highly sought-after
machine tools and plant support equipment.”
The online auctions contain a mix of high-value equipment
including a turn-key Metal Injected Molded and Pressed Metal
operation, OKK horizontal machining centers, and an Unisig drilling
machine.
Liquidity Services is excited to partner with RemArms to unleash
the value of their surplus assets while executing a zero-waste
solution. To place a bid, buyers must create an account by
completing the free registration form at AllSurplus.com.
About AllSurplusAllSurplus is the world’s
leading online marketplace for surplus business assets, ranging
from heavy equipment to transportation and industrial machinery.
AllSurplus is the smartest, fastest way to sell inventory and
equipment as sellers can directly launch and manage their listings
in just days with more control and lower fees than traditional
auction solutions. AllSurplus is powered by one of the most
experienced and trusted companies in the surplus industry:
Liquidity Services (NASDAQ:LQDT), which has supported millions of
customers across the globe. AllSurplus buyers have direct access to
all the surplus assets across Liquidity Services’ network of
marketplaces in one centralized location.
Contact: Robert LupardoInside Sales
Representative, CAG Operations(201)
957-5586robert.lupardo@liquidityservices.com
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