HOUSTON, June 21,
2022 /PRNewswire/ -- With the recent closure of
Dril-Quip, Inc.'s Forging, conventional machining and metallurgical
lab, all of the related equipment will be sold at auction on
Tuesday, June 28, 2022.
Auctioneer Jean Harris, Jr. (TX
License # 18210) of Harris Auctions, a recognized name in the U.S.
industry and beyond, will be overseeing the live webcast and online
auction.
Dril-Quip, Inc. (NYSE: DRQ) continues to thrive in their role as
a leading oilfield services company. However, due to the
ever-changing and evolving oil and gas market, they have recognized
the forge facility was no longer needed as a core of their
manufacturing model going forward. Liquidating the entirety of this
specific location is in their best interest.
All assets are currently located in Northwest Houston where private inspections
are available by appointment and a general inspection is set for
June 27 at the facility. You can call
713-462-5800 for details, as well as make pre-auction offers which
will be considered for major assets.
From forging presses and manipulators to ring rolling machines,
car bottom and box type furnaces, engine lathes and mills, vertical
turret lathes and boring mills, CNC machines and metallurgical
inspection - plus over 1 million lbs. of open die tooling - a
massive selection will be available.
"We're honored to hold an auction like this that offers some of
the rarest and highest quality equipment to see the open market in
decades," says Jean Harris,
President of Harris Auctions.
Since 1981, Dril-Quip has developed a reputation for innovation
and quality. That mentality permeated into its manufacturing base
and is demonstrated throughout the assets in the Forge
facility.
"This is truly a unique opportunity for our friends and clients
around the world," Harris added. "Plant managers and equipment
buyers should take note. This auction of Dril-Quip's exceptional
machinery is going to provide companies with an entire catalog to
choose from."
To check out all of the available equipment that will be sold on
June 28 at the forge, conventional
machining and metallurgical lab, download the brochure or
visit our official BidSpotter page to view the online catalog.
Don't forget to register here either and be 100% ready to
start bidding when the date arrives.
About Harris Auctions
Headquartered in Houston,
Texas, Harris Machine Tools, Inc. quickly turned into an
international leader in the used metalworking marketplace. More
recently discovering a way to better serve its customers, the
family business underwent a transformation that branched out from
the roots of their historical dealership. Becoming surplus asset
management experts, Harris Auctions was formed. Their
manufacturing equipment auctions, either online or on-site, are
held multiple times each month and reach a vast audience of
industry bidders from virtually everywhere across the globe.
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SOURCE Harris Auctions