“We are pleased with this significant acquisition and will be running a sales process for each location,” said Adam Stevenson, President of Perfection Industrial Sales.
Elk Grove Village, IL (PRWEB) April 17, 2013
Perfection Industrial Sales, a division of Perfection Global, LLC, along with joint venture partners Infinity Assets and Machinery Network Auctions, have announced their recent acquisition of formerly owned assets from Core Systems, LLC manufacturing facilities in Painesville and Mount Gilead, Ohio.
Based on the manufacturing assets purchased from Core Systems Painesville, Perfection will conduct a live webcast auction of (65) injection molders from leading manufacturing brands such as Toshiba, Sumitomo, Mitsubishi, JSW and Nissei, along with a variety of secondary equipment, robots and plant support equipment.
The public auction will be conducted at the Painesville location, located at 787 Renaissance Parkway, on Thursday, May 16, 2013 at 9:00 AM ET. For a direct link to the sale details, please visit http://www.perfectionindustrial.com and partnering sites: http://www.machinerynetworkauctions.com or http://www.infinityassets.com.
In addition to the purchase of machinery equipment from Painesville, Perfection Industrial Sales purchased machinery, equipment and real estate from the Core Systems Mount Gilead plant in hopes to bring jobs back into the state of Ohio. Demand within the used machinery market remains strong despite previous economic uncertainties, making Ohio the perfect place to continue its work within the molding industry.
“We are pleased with this significant acquisition and will be running a sales process for each location,” said Adam Stevenson, President of Perfection Industrial Sales. “We are working closely with Morrow County and the Columbus Region to see if we can assist in finding a going concern buyer for the Mt. Gilead property and its manufacturing assets, or a manufacturing buyer who wishes to acquire just the real estate.”
Perfection Industrial Sales specializes in providing global asset management solutions for small or large companies and corporations, for all types of industrial assets and manufacturing facilities. These services are offered through a range of tailored solutions, which include Live Webcast and Online Auctions, Negotiated Sales, Investment Recovery, Appraisal, Real Estate Acquisition and Sale & Lease Back programs.
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About PERFECTION Global, LLC
PERFECTION Global, founded in 1963, is the worldwide leader in appraising, buying, marketing, and selling industrial machinery and assets across all industries. The company is comprised of four business units – Perfection Machinery Sales, Perfection Industrial Sales, Perfection Investment Recovery and Perfection Financial Solutions. Perfection Global is headquartered in Elk Grove Village, Illinois in a modern, temperature controlled, 86,000 square foot showroom that borders Chicago’s O’Hare Airport.