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Fortis Plastics to auction off equipment

15/12/2011


The New Year will bring a giant auction -- more than 130 injection presses and 20 extruders -- from four closed-down plants of Fortis Plastics LLC.
Branford Group and Great American Group will conduct the auctions over three weeks, one plant at a time, from Jan. 17 to Feb. 2.
Gardner said he is open to selling the plants on a turnkey basis. “If somebody’s interested in buying the entire plant, we would be interested in discussing it with them,” he said.
The injection presses up for sale range in clamping force from 50-1,000 tons. Nameplates include Milacron, Van Dorn Demag, Negri Bossi, Toshiba, Toyo, Battenfeld, JSW and Sumitomo. The auction also will sell robots, auxiliary equipment and toolroom equipment.
Some of the newer injection presses include a 1,000 ton Cincinnati Milacron press from 2000, a 2006 Negri Bossi 700-ton machine, and a 2004 Milacron Maxima of 725 tons.
There are a lot of mid- to late-1990s Van Dorn and Cincinnati Milacron injection molding machines.
The extruders include Cincinnati and Davis-Standard lines.
Fortis Plastics was formed in 2008 when New York private investment group Monomoy Capital Partners LP, acquired and combined the custom molding divisions of Leggett & Platt Inc. and Atlantis Plastics Inc.
Whirpool Corp., a major Fortis customer, is closing a refrigerator plant in Fort Smith next year.

Plastics.ru

     








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