Assets of Sacramento Steel Company Hit the Block in Online Sale
SACRAMENTO, Calif., Dec. 5, 2012 /PRNewswire/ — Tiger Group’s Remarketing Services division will auction trucks, trailers, forklifts, fabrication machines, office equipment and other assets from Bar Steel Service Inc., a 39-year-old steel-fabrication and installation company that recently filed for Chapter 7 bankruptcy. The online-only sale is being conducted by order of the U.S. bankruptcy court. Bidding is now underway at www.SoldTiger.com and will close in rapid succession, live auction style, on Dec. 11(th) , beginning at 10:30 a.m. (ET).
The preview will be from 9 a.m. to 4 p.m. (PT) on Mon., Dec. 10, at 8139 36th Ave. in Sacramento. Checkout runs from 9 a.m. to 5 p.m. on Dec. 12-13.
Among other lots, the auction will feature two Freightliner truck tractors, a Freightliner stake-bed truck with a 26-foot bed, a Ford F650 super-duty flatbed truck, and a Ford F450 super-duty pickup. Three trailers available at auction range from 20 to 40 feet in length.
Metal-fabrication equipment being sold includes four rebar benders, a 2007 RMS radius bender, a 2000 KRB #8 mechanical table bender, along with various other benders and shears, including an Arnold shear with RMS computer controls and a manual shear line.
Bidders will also have the opportunity to purchase various material-handling and plant-support equipment, including an overhead crane and trolley with a ten-ton capacity, two forklifts and a rotary-screw air-compressor. In addition, office furniture such as desks, credenzas, drafting tables, chairs, carts and metal cabinets will hit the auction block. Office equipment being sold includes computers, monitors, printers, networking devices, an Avaya telephone system, and a large-format engineering copier.
For the complete technical specifications and digital images of specific inventory items, visit http://auctions.tigergroupllc.com/cgi-bin/mndetails.cgi?tigergrp59.
For more information about this sale, call 800-758-8443, to speak with an auction team member.
About Tiger Remarketing Services Division
Tiger Remarketing Services and its affiliates at Tiger Group provide advisory, restructuring, valuation, disposition and auction services within a broad range of retail, wholesale, and industrial sectors. With over 40 years of experience and substantial financial backing, Tiger offers a uniquely nimble combination of expertise, innovation and financial resources to drive results. Tiger’s seasoned professionals help clients identify the underlying value of assets, monitor asset risk factors and, when needed, convert assets to capital in a variety of ways quickly and decisively. Tiger’s collaborative and no-nonsense approach is the foundation for its many long-term ‘partner’ relationships and decades of uninterrupted success. Tiger operates main offices in Boston, Los Angeles and New York. To learn more about Tiger, please visit www.TigerGroupLLC.com.
SOURCE Tiger Remarketing Services, Los Angeles