KENT, Wash., Oct. 30, 2020 /PRNewswire/ — Tiger Group will be conducting an online auction on November 12 of textile embellishment and warehouse equipment, blank inventories of apparel and hardgoods, and intellectual property of a wholesale supplier of custom-designed promotional products for the giftware and tourism industries that is now winding down operations.
The offering of manufacturing assets from the company’s 72,000-square-foot Kent facility includes screen printers from Challenger and M&R; embroidery machines from Hirsch, Tajima and Barudan; Amscomatic folders; dryers and pad printers.
Blank inventory up for bid includes tee shirts, sweatshirts, fleece wear, jackets, hats and caps, socks, mugs, water bottles, totes, and a variety of other apparel and gift items. Bidders will also vie for intellectual property from the 65-year-old company, including contracts, artwork and graphics, customer lists, and website URLs.
“This is a fantastic opportunity to purchase well maintained screen printing, embroidery and pad printing machinery and peripherals,” said John Coelho, Senior Director of Tiger Group’s Commercial & Industrial division. “Screen printers and others in the textile and apparel embellishment industry — along with any company seeking over-the-road rolling stock, material handling equipment, plant support and office FF&E — will be interested in this unique opportunity to purchase exceptionally clean equipment that is perfect for supporting existing operations or startups. The many available M&R screen printing machines have had comprehensive scheduled and preventative maintenance, with all replacement parts purchased directly from the manufacturer.”
Online bidding at SoldTiger.com will commence at 10:30 a.m. (PT) on November 5 and will close at 10:30 a.m. (PT) on November 12. All bidders are required to register prior to the sale at SoldTiger.com.
For a complete listing of the assets, visit: www.soldtiger.com
Inspections of the assets are available on November 11, by appointment only. To arrange an appointment or get additional information, contact John Coelho at (617) 523-5866, jcoelho@tigergroup.com.
Media Contacts: At Tiger Commercial & Industrial: John Coelho, (617) 523-5866 or 257997@email4pr.com. At Jaffe Communications: Bill Parness, 257997@email4pr.com , (732) 673-6852, or Elisa Krantz, 257997@email4pr.com, (908) 789-0700.
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