Machinery Network Auctions Holds Auction for Venture Precision Technology

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MachineryNetworkAuctions.com, a division of Machinery Network Inc., will be holding an on-site and live webcast auction for the closing facility.

Machinery Network Auctions

Machinery Network Auctions

Machinery Network Auctions, on behalf of Venture Precision Technology, will be holding an on-site and live webcast auction on Thursday, December 3, 2015, at 12pm EST (11:00 CST).

Since 2012, Venture Precision Technology (VPT) has been known for supplying and fabricating machine parts for oil and gas industries that are essential for daily operation. The privately held company specialized in providing API pressure control products of the highest quality. Their dedication to providing these incomparable products earned VPT a reputation for excellence, qualifying the company as a certified vendor for several ISO compliant certifications. Faced with recent declining oil prices, Venture Precision Technology has concluded that it is necessary to close its doors after several years of prosperity.

The Venture Precision Technology industrial machinery auction, slated to include well-known machining brand names such as Doosan, Toyoda, Haas, and Mori Seiki, will cover a variety of late model milling and turning machines, jib cranes, compressors, saws, and other tooling equipment. Some of the featured machinery to be auctioned consists of a CNC boring mill, horizontal machining centers, several large capacity CNC turning centers, and 4 axis vertical machining centers. The on-site auction will be held at the Venture Precision Technology Plant, which is located at 1881 Treble Drive in Humble, Texas.

About MachineryNetworkAuctions.com:
Since 1987 Machinery Network has been an active auction partner with almost all the nationally renowned auctioneers in the USA, Canada and Mexico. With more than 1000 industrial machinery auctions and transactions to our credit, Machinery Network Auctions has the experience and knowledge to provide your company with a wide array of auction and liquidation services. The team at Machinery Network Auctions specializes in working with the metalworking, plastics, and fabrication industries, and is a leading auction site for industrial machinery auctions. For more questions and information about our process and upcoming auctions, contact by phone at (888) 788-2260 or email: info(at)machinerynetworkauctions(dot)com.

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