Medical Waste Disposal Equipment from California Plant Offered in Online Auction
September 20 liquidation by Tiger and Perry Videx included incinerators, shredders and other systems used by a high-efficiency operation in San Bernardino County
A September 20 online auction by Tiger Group and Perry Videx featured the remaining assets from Aemerge RedPak’s former medical-waste treatment facility in Hesperia.
This sale gave recycling and waste-disposal companies access to shredders, incinerators and other useful machinery and equipment at liquidation values.
“Opened in 2017, the plant destroyed and sterilized medical waste, converted it into clean energy and diverted up to 95 percent of treated waste from landfills,” explained John Coelho, Senior Director, Tiger Commercial & Industrial. “This relatively-new equipment continues to perform well and is available at a fraction of the original cost.”
Bidding for the online auction opened on Tuesday, September 13, at 10:30 a.m. (PT), and closed on Tuesday, September 20, at 10:30 a.m. (PT).
“The sale featured a thermal oxidizer and patented Carbonizer incineration system, along with general plant support and material-handling equipment, such as an air-quality control system, an air compressor, a diesel generator and a forklift,” said Gregg Epstein, President & CEO of Perry Videx, based in Hainesport, NJ.
The four-shaft industrial shredder—an Untha RS 100-1200-110—was a highlight of the sale. It can handle all forms of recycling—metal, plastic and paper—and is a powerful piece of high-utility equipment.
So, too, is the plant’s Carbonizer, Epstein noted. As operated by Aemerge RedPak, the patented system processed organic waste in a negative-pressure, no-oxygen environment with high heat. It leaves just three sterile co-products. They include: synthesis gas, which the company captured and converted to clean energy; treated glass and metals, later recycled; and carbon char, repurposed as alternative fuel.
Each system is useful in its own right. “The Carbonizer, for example, burns at 1,450 degrees Fahrenheit and is a potential centerpiece for any medical or general waste-incineration operation,” Epstein said.
For its part, the Callidus Technologies thermal oxidizing system is highly efficient at cleaning gas streams.
Other significant assets in the sale included:
-A Eriez metal separator
-A 250-kilowatt backup diesel generator
-A motor control center and switchgear
-A Continuous emission monitoring air-quality control system
-A 12′ x 100′ horizontal belt furnace
-A heat recovery steam generator
-A high-capacity dust collection system
-A lime silo
-Infeed conveyors and elevators
-An emergency flare
Plant utilities available in the sale included a vertical reciprocating conveyer; knife gate valves; and articulated screw conveyors.
CNC, Foundry and Warehouse Equipment from LA’s Century-Old Bell Foundry Co. Goes to Auction
Tiger sets online auction of more than 300 lots of machinery and equipment—including CNC vertical machining centers by Fadal—as long-running company closes its doors.
Tiger Group auctioned more than 300 lots of machinery and equipment from South Gate’s century-old Bell Foundry Co.
In addition to nine Fadal and Doosan CNC vertical machining centers, the online auction on Aug. 16 included furnaces, molders, cranes, air compressors, rolling stock, and tooling and warehouse equipment.
Launched as an iron foundry in 1923, the multigenerational business had operated on a seven-acre Greater Los Angeles site since 1927. Bell Foundry closed its doors under assignment for the general benefit of creditors, a formal alternative to bankruptcy proceedings.
“Tiger has been chosen to sell the assets of one Southern California’s longest-running foundries,” said Jonathan Holiday, Director of Business Development, Tiger Commercial & Industrial. “Bell Foundry is widely known for manufacturing aluminum parts to perfection for the automotive sector and other industries. Aside from the foundry equipment, this represents an excellent opportunity to bid on Fadal CNC machining centers that are ready to be put into production.”
The timed, online auction closed on Tuesday, August 16, at 10:30 a.m. (PDT). Bidding opened on Tuesday, August 9, at 10:30 a.m. (PDT) at SoldTiger.com.
Highlights included a total of eight Fadal CNC vertical machining centers as well as a Doosan SMY CNC turning center that are in good running condition
Shell core machines, core makers, squeezers and other foundry equipment were available, including:
- 2000 Roberts Sinto Corp. flaskless mold machine (M/N-FBO-III-20X24)
- Wheelabrator sandblasting machine
- 250-ton sand system
- Beardsley & Piper 20 x 26 flask Matchblowmatic sand-molding machine line
- Hartman mold-handling system
- 900-lb. gas melter
Warehouse equipment included a Bridgeport vertical milling machine, Rockwell International disc and belt sander, as well as compressors, bag houses and a vertical bandsaw.
Vehicles and rolling stock included:
- 2015 Ford F450 Super Duty truck with Maxon liftgate
- John Deere 317 skid steer loader
- Toyota propane forklift
- Toyota Corolla
Late-Model Rolling Stock and Waste Hauling Equipment Offered in Online Auction
Tiger Group, a California-based auctioneer, oversaw the Sept. 8 liquidation of equipment that had been used by Buckeye Water Services, a former fracking services and waste hauling company with locations in Ohio and Pennsylvania.
The sale featured tractor trucks, dump trucks, vacuum trucks and trailers, as well as construction equipment and more than 100 roll-off boxes for commercial waste hauling.
Tiger Group says, “The liquidation is noteworthy for its well-maintained, late-model rolling stock. Construction equipment and more than 100 20- and 30-yard roll-off boxes for waste removal are also available.”
Bidding for the online auction opened Thursday, Sept. 1, at 10:30 a.m. and closed Thursday, Sept. 8, at 10:30 a.m.
“In addition to specialized rolling stock and construction equipment, former Buckeye assets of more general utility, such as pickups, winch and service trucks, SUVs, a Caterpillar skid steer and a lowboy trailer by Entyre, are also available,” says Chad Farrell, managing director at Tiger.
The Ohio location in New Concord is near Columbus while the Hickory, Pennsylvania, site is near Pittsburgh. Buckeye Water Services had provided specialized services to the oil and gas industry for more than 50 years and had what Tiger calls “substantial waste hauling operations.”
Trucks and trucking equipment on offer included some from Mack, Peterbilt and Kenworth with model years ranging from 2018 to 2022. Several pickup trucks and a GMC service truck were also auctioned, as well as roll-off trailers made by Michigan-based Benlee.
Tiger Group Reaches Major Milestones at Audio/Visual Auctions & Private Treaty Sales in First Half of 2022
Number of buyers at events for PRG and Red Star Pictures surplus gear jump 50% from auctions held in 1st half of 2021; bankruptcy auction of assets from Pacific Theatres achieves 99% sell-through rate.
Tiger Group’s Commercial and Industrial (C&I) Division saw a record number of sales registrants and buyers at its sales for audio/visual and movie theater assets in the first half of 2022, which played a major factor in achieving 96 percent to 99 precent sell-through rates at its auctions and private treaty sales during that timeframe.
The results were driven by continued high demand for professional-grade audio/visual gear, a renewed interest in movie-going by consumers, and supply chain issues that continue to make buying secondary market equipment an attractive option.
Interest in digital and film cameras, as well as lenses, fueled successful online auctions in April and June for surplus gear from rental houses PRG and Red Star Pictures. Specifically, Tiger enjoyed a 50 percent jump in the number of buyers participating in those sales compared with its AV auctions in the first half of 2021.
“Prices remain strong, yet benefit the purchaser as new equipment is difficult to obtain due to continued supply chain issues,” said Jonathan Holiday, Director of Business Development for Tiger C&I and leader of its audio-visual (AV) practice. “It all comes down to content and this industry continues to be driven to meet this high demand, so purchasing gear in secondary market auctions presents an incredible opportunity.”
Holiday added that strong participation in the AV auctions has also been buoyed by Tiger’s reputation as “a trusted source for professional-grade gear.”
Rental companies, studios, independent filmmakers, and resellers bought the bulk of the equipment offered in the PRG and Red Star sales, reflecting the continued demand for content in the industry, Holiday said.
Tiger saw record levels in several metrics for its AV auctions during the first half. A major highlight came from the April auction of live event and production rental gear from North American leader PRG, where new highs were set for registered bidders at 520, along with the number of registrants new to Tiger’s database and total buyers, resulting in a 96 percent sell-through rate for the gear.
Registrants for the PRG event came from 36 states and 17 countries – another new high for Tiger’s AV practice. In the end, buyers hailed from six countries: the U.S., Canada, Israel, Australia, Trinidad and Tobago.
Tiger’s June auction of gear from Red Star Pictures, a longstanding supplier of rental lighting, grip and production equipment, delivered a sell-through rate of 97 percent. The company registered 400 potential bidders. Buyers came from 20 U.S. states, as well as the Canadian provinces of British Columbia and Ontario.
“The results of this initial sale with Tiger far exceeded our expectations,” said Travis Moody, President of Red Star Pictures. “This proved to be a very efficient way for us to clear out surplus gear to make room for new equipment, without the types of issues we would have encountered doing it on our own. We look forward to working with Jonathan and his team on future sales.”
Reflecting on the demand seen in the PRG and Red Star sales, Holiday said: “As we move into the second half of the year, rental companies will be extremely busy and will need gear to fill the needs for the production season.”
Another strong point for Tiger’s AV practice this year has been its work on behalf of the secured lender for Pacific Theatres, formerly one of North America’s largest movie chains. Pacific filed for Chapter 7 bankruptcy in March 2020, due in part to the impact of Covid on the movie industry.
Tiger’s February auction of assets from an initial group of closed theaters drew bids worldwide, with 99 percent of the lots sold. Buyers mostly included theater owners, live event production companies and rental houses.
The online auction drew thousands of page views and bids, with individuals from 57 countries watching the event live. The winning bidders came primarily from the United States and Canada. Demand was especially strong for late model digital and laser projectors, media servers and amplifiers, Holiday noted.
Separately, Tiger sold five of the California-based chain’s theaters on a bulk basis to other operators through auctions and private treaty sales. These included theaters in El Segundo and Pasadena, Calif.; Chicago and Winnetka, Ill., and Boston.
With more movie-goers returning to the theaters, Holiday sees the cinema industry bouncing back with strength. “Even though there are fewer theaters than prior to the pandemic, some of the latest new films have been generating very strong box office numbers,” he said, noting Top Gun: Maverick earned $409.5 million after just 19 days at the domestic box office. “People are eager to finally get out of the house and enjoy a quality film on the big screen. We are thrilled to have helped facilitate the re-openings of the theaters we sold.”