Business
Heritage Global Partners and Integra Asset Solutions Host Exclusive Online Auction Featuring Furniture Manufacturing Equipment from Flexsteel Industries
Auction Bidding Closes May 21, 2024, 10:00 AM EDT https://www.hgpauction.com/auctions/124369/flexsteel-2/ SAN DIEGO--(BUSINESS WIRE)-- Heritage Global
About this update from Heritage Global Inc.
[{"type":"text","content":"\nAuction Bidding Closes May 21, 2024, 10:00 AM EDT \nhttps://www.hgpauction.com/auctions/124369/flexsteel-2/\n\n\n SAN DIEGO--(BUSINESS WIRE)--\nHeritage Global Partners (“HGP”), a subsidiary of Heritage Global Inc. (NASDAQ: HGBL), in partnership with Integra Asset Solutions, is pleased to announce an exclusive online auction featuring woodworking and furniture manufacturing equipment from Flexsteel Industries. This auction presents a prime opportunity for businesses and individuals to acquire a wide array of machinery and equipment for furniture production and more.\n\n\nBidding will take place online with lots starting to close at 10:00 AM EDT on May 21, 2024. Interested parties should register to participate through the auction website.\n\n\nFlexsteel Industries is one of the largest manufacturers, importers, and marketers of residential furniture products in the United States. The sale features a wide range of machinery and equipment tailored to meet the needs of furniture manufacturers seeking to expand their production capabilities.\n\n\nHighlights of the Equipment Available at the Auction Include:\n\n\n\nRouters: Featuring renowned brands like KOMO, including the KOMO VR 510 Mach X and the KOMO HS 1605.\n\n\n\nFabric Cutters: Offering precision and efficiency with Gerber DCS-3500 and GTXL CE models.\n\n\n\nMaterial Handling & Vehicles: A range of forklifts, trucks, and trailers, including brands like Hyster, Columbia, and International.\n\n\n\nSewing Machines: Over 30 Durkopp Adler 867-190322m sewing machines available.\n\n\n\nCompressors: Essential for various manufacturing processes, including models from Spencer, Hoffman, Ingersoll, and Gardner Denver.\n\n\n\nProspective bidders will have the opportunity to preview the equipment on May 20, 2024, from 8:00 AM – 4:00 PM (ET), or by appointment. Contact Mark Reynolds at 708-765-3989 or [email protected] for scheduling.\n\n\nDavid Barkoff, Senior Vice President at Heritage Global Partners, expressed enthusiasm about the upcoming auction, stating, \"We are thrilled to partner with Integra Asset Solutions in presenting this exclusive opportunity to the furniture manufacturing industry. The equipment available at this auction represents top-tier quality and performance, ideal for businesses aiming to elevate their production processes.\"\n\n\nMark Reynolds, Managing Direct...