St. Marys Paper Onsite Auction, Internet Bidding Set for June 20 - 21
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Hilco Industrial reports that it has been assigned through court appointed receivership to liquidate the assets of St. Marys Paper Corp., Sault Ste. Marie, Ont., Canada. Hilco will conduct an immediate pre-sale of some equipment, followed by an onsite auction (75 Huron St.) and Internet bidding on June 20 and 21, beginning at 10 a.m. EDT each day.
Major contents include a 700,000 sq. ft. paper mill complex consisting of a paper machine, wood room in-feed system, original new cost of $12 million in stores inventory, slitters, winders, super calendars, pulpwood grinders, paper roll wrap line, electric motors, air compressors, overhead cranes, wheel loaders, locomotives, forklifts, trucks, large lathes, shears, steel inventory, etc.
A preview, by appointment, will be held on Tuesday, June 19, from 9:00 a.m. to 4:00 p.m. EDT, or earlier by appointment. More information is available online.
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