Equipment from chrome plating and injection molding facility to be auctioned May 12

A plant full of machinery and equipment is being auctioned via webcast on May 12 in Colon, Queretaro, Mexico. Most of the equipment is new as of 2017, 2018, and 2019.

“This is an unprecedented opportunity for the right buyer or buyers to obtain late-model injection molding equipment and chrome plating equipment, including stainless steel tanks, rectifiers, programmable hoists, filters, and a huge quantity of copper and nickel scrap metal,” said Sam Suchowiecky of Hilco Global Mexico. The auction will be conducted jointly by Hilco Global Mexico, Machinery Network Auctions, and PPL Group.

“COVID-19 supply chain disruptions have created this opportunity at the exact time when global automotive companies are looking for ways to shorten the supply chain from Asia to North America,” said Gary Treisman of Machinery Network Auctions. “This particular plant was a victim of timing, as they recently purchased millions of dollars of new manufacturing equipment just before the economy shut down.”

The auction includes 12 Toshiba and Haitian single- and dual-shot injection molding machines from 240 to 1,430 tons and as late as 2019, with robotics and a large assortment of support equipment. In addition, there is a complete chrome plating system with water treatment equipment and more than 20 tons of copper and 20 tons of nickel. The facility was set up at a cost of more than $20 million in 2017.

Rigging and transportation companies will be on-site to provide quotes to dismantle and deliver various pieces of equipment throughout North America.

All equipment will be auctioned at a webcast auction on May 12 at 10:00 a.m. local time. Equipment, including components of the chrome plating line, may be available to be sold before the auction. Interested parties can contact Fernando Zuniga at zfernando@hilcoglobal.mx and Seth Geller at seth@machinerynetwork.com. On-site inspection is available on May 9-11 from 9:00 a.m. to 4:00 p.m. and otherwise by appointment only. Appointments must be scheduled 48 hours in advance.

More information on the auction is available at www.machinerynetworkauctions.com. Auction details, including how to register to bid, also are available at www.pplgroupllc.com and www.subastashilcoacetec.mx/proyecto/72.