Tiger Commercial & Industrial Liquidation Update
Online Auction Features Live Event and Entertainment Production Rental Gear from North American Leader PRG

Online Auction Features More than 1,000 Lots of Pro-Grade Production Rental Gear from North American Leader PRG

Tiger Group AV auction on Oct. 24 incuded digital cameras, lenses, lights, projectors, LED walls and much more.

LOS ANGELES – October 11, 2023 — In an October 24 online auction, Tiger Group once again offered professional audio-visual gear from the existing inventories of production rental leader PRG.

The extraordinarily large sale of excess inventory to PRG’s ongoing operations included:

  • digital cameras
  • lenses
  • audio (including speakers and audio consoles/processing)
  • LED walls
  • projectors
  • moving lights
  • lighting consoles
  • gear accessories,
  • and more.

With offices worldwide, PRG maintains the industry’s largest rental inventory of AV production equipment.

“We are pleased to announce that we have been engaged again by PRG to auction a large variety of AV gear,” said Jonathan Holiday, Director of Business Development, Tiger Commercial & Industrial. “This gives buyers all over the globe the opportunity to purchase quality equipment and put it to use whether it be for rentals or right into production. Don’t miss out on this sale as there will be over 1,000 lots!”

Bidding in the timed, online auction opened on Tuesday, October 17, at 9 a.m. (PT), and closed on Tuesday, October 24, at 9 a.m. (PT).

Top brands were represented throughout the sale, including: Absen, Arri, Ayrton, Barco, Canon, ClearCom, Christie, ETC, Fuji, High-End, RED, Robe Lighting, ROE Visual, Shure, Sony, Vari-Lite, and Yamaha. “We’re offering some very nice digital cameras, including six ARRI Minis and four Sony Venice 1s,” Holiday noted

To arrange an inspection or obtain other information, email: auctions@tigergroup.com or call (805) 497-4999.

For asset photos, descriptions, bidding and other information, visit
SoldTiger.com.

Tiger Group to Auction Inventory Worth Over $16MM in Closure of California EV Battery Plant

Tiger Group to Auction Inventory Worth Over $16MM in Closure of California EV Battery Plant

A Tiger Group Online auction on September 7 featured thousands of lithium-ion battery cells from Romeo Power’s 215,000-square-foot EV battery assembly plant in Cypress, along with industrial assets such as robots, CNC machines, assembly and testing equipment, and the company’s intellectual property.

“Available turnkey or in combinations of bulk lots, Romeo Power’s IP and other assets represent a tremendous opportunity for industrial manufacturers, EV battery assemblers, automotive companies and other buyers,” said John Coelho, Senior Director, Tiger Commercial & Industrial. “In addition to the late-model industrial equipment, we are offering some $16 million in inventory, including more than 200,000 Samsung lithium-ion battery cells.”

The timed, online auction closed on Thursday, September 7, at 10:30 a.m. (PT). Bidding opened Thursday, August 31, at 10:30 a.m. (PT) at SoldTiger.com.

Romeo Power has used the plant to assemble rechargeable, lithium-ion batteries for vehicles such as electric motorcycles, golf carts, side-by-side ATVs and commercial truck tractors. The plant closure comes as the company’s owner and biggest customer, Phoenix-based Nikola Corp., moves to localize its supply chain, including transitioning battery manufacturing from Cypress to facilities in Coolidge, Arizona. Nikola Corp. previously announced plans to brings its Nikola truck assembly, fuel cell power module assembly, and battery module and pack production under one roof.

The Samsung battery cells are ready for immediate use. Additional highlights of the auction included three 2019 Haas VF6 vertical milling machines, offered along with machine-shop assets such as a high-speed CNC machine, a vertical milling machine, a lathe, drill presses, a 50-ton hydraulic press and various saws, sanders, welders, vices and tools.

Multiple Fanuc robots and related systems also were available in the Tiger Group sale.

“Romeo Power used this equipment to handle tasks like dispensing and applying sealant, picking and placing components, and welding and assembling,” said veteran auctioneer Wayne Hecht (CAI, GPPA), Senior Director of Operations for Tiger Commercial and Industrial. “These high-quality assets could be extremely useful to a wide array of operators, inside and outside of EV battery manufacturing.”

The same is true of equipment from the company’s extensive engineering and testing systems. “These items include chambers, drop testers, ovens and other equipment for subjecting batteries or electronic devices to extreme conditions,” Hecht explained.

Additional assets included a large amount of hardware, wiring harnesses, cold plates and enclosures, along with junction boxes, connectors, transformers and resistors. Buyers also will find high-end office furniture, a box truck, pallet jacks, late-model compressors, an all-steel panel system, TVs, computers and other assets.

“At Tiger, we are increasingly working with companies involved in decarbonization and the energy transition,” Coelho said. “We continue to see rapid growth and change in this space, spurring greater demand for our services, including appraisals, financing and asset dispositions.”

To view all items in the sale, please click here.

Online auction to divest Solid Comfort equipment set for Aug. 24

Online Auction to Divest Solid Comfort Equipment

FARGO, N.D. — On August 24, Tiger Group and HyperAMS auctioned more than 400 woodworking and other assets from the 220,000-square-foot furniture plant formerly operated by Solid Comfort, a tier-1 supplier of wooden and laminated casegoods for hospitality leaders such as Marriott, Hilton, Best Western and My Place.

At both SoldTiger.com and Bidspotter.com, the timed, online auction closed on Thursday, August 24, at 10:30 a.m. (CT). Bidding opens on Thursday, August 17.

“Conducted by order of the secured creditor, this multimillion-dollar plant-closing sale offers a wide array of late-model, well-maintained woodworking equipment,” saidd John Coelho, Senior Director, Tiger Commercial & Industrial. “Represented brands include Komo, Biesse, IMA, SNX, Vitap, Boarke and Black Brothers, to name just a few.”

In addition, companies in construction, manufacturing and other industries can acquire rolling stock, material-handling, plant-support and other general equipment in the sale, added Phil Sexauer, Senior Vice President of HyperAMS.

“These assets include a Caterpillar wheel loader, a Gorbel bridge crane, a Caterpillar stationary generator, and a total of six forklifts,” the executive noted. “Bidders also will find multiple bench grinders, dust collectors, power tools, air compressors, conveyer and storage systems, and much more.”

Highlights of the sale included two Komo Xtreme XL 512 CNC three-axis routers, with twin shuttle, 5′ x 12′ vacuum tables.

“These highly coveted automated routers are of the gantry type, traveling head, with a 12-position automatic tool changer, a Komo material handling and loading station, a vacuum pump, and associated accessories,” said Coelho. “Like all the woodworking equipment in this sale, they’re late-model and well-maintained.”

The auction also featured three IMA Advantage 500L CNC single-sided edge banders with finishing/trim stations, and a Black Brothers glue application/lamination line.

“From automated CNC routers, edge banders and laminators, to pocket drills, sanders, saws and moulders, this auction truly is an extraordinary opportunity for the furniture-manufacturing industry,” Sexauer said.

For asset photos, descriptions, and other information, visit either SoldTiger.com or HyperAMS.

Online Auction Features Uninstalled and Never-Used Equipment from Global Molded-Pulp Packaging Manufacturer

Online Auction Features Uninstalled and Never-Used Equipment from Global Molded-Pulp Packaging Manufacturer

Tiger Group and Liquidity Services auctions Zume’s remaining North American assets and finished product inventory on Aug. 17; additional Zume assets in China available in an Aug. 15 online auction

CAMARILLO, Calif., Aug. 10, 2023 /PRNewswire/ — Another tranche of molded-pulp packaging equipment from manufacturer Zume–known for creating anti-leak and compostable products for the global foodservice industry–went to auction August 17 in a sale by Tiger Group and Liquidity Services.

“In addition to state-of-the-art, uninstalled and never-used equipment, we will be selling the company’s finished product inventory–worth more than $2 million at cost–as well its remaining equipment,” noted Jonathan Holiday, Director of Business Development, Tiger Commercial & Industrial. “This sale is an exceptional opportunity to purchase the remaining assets of Zume in North America. On August 15, meanwhile, will be the auction in China of additional high-quality assets that Zume purchased brand new.”

Bidding was underway at SoldTiger.com and AllSurplus.com for Zume’s North American inventory and assets, located in California, New Jersey and Texas. The event closed at 4 p.m. (CT) on Thursday, August 17.

“Zume, which previously operated a 70,000-square-foot facility in Camarillo, California, and boasted customers in more than 25 countries, had a large amount of crated, never-used equipment and inventory,” said Nick Jimenez, Vice President of Global Business Development at Liquidity Services. “It was one of the few companies in North America to manufacture high-quality, leak-proof, compostable packaging out of pulp fiber, and we are pleased to offer these high-value assets on our AllSurplus marketplace.”

The assets included:

(4) complete thermoforming cells, consisting of: Shurcon thermoformers; ABB robots; 25-ton thermoform hot presses, 25-ton trim presses, and 25-ton slurry approach skids
(1) complete Shurcon thermoforming line with 1.4-ton paper pulping/mixing/processing system; Fanuc robot; (4) 20-ton thermoform hot presses; 25-ton trim press, and (1) pulper, refiner, slurry approach skid, and tank skids
(20) Shurcon Mdl SCFMC1509-F pulp thermoformers
(20) Shurcon/Parason large control panels for hot press pulp thermoformers
(1) Shurcon Mdl SCFMC1509-T pulp thermoforming trimmer
(4) Comec Mdl KV-13 pad printers
(3) Shurcon Trimmer transfer sections
(2) Nash Mdl XL950 liquid ring vacuum pump and compressors
(2) Shurcon Mdl KSD-300/4 trimmers
(1) Shanghai Wei Electrical Mdl SG-20KVA transformer
Inspections were hosted on August 16 by appointment only. To schedule an appointment, please contact Brandon Mohrey: brandon.mohrey@liquidityservices.com, (610) 730-2162.

Bidders must register in advance. For asset photos, descriptions, and other information, visit SoldTiger.com.

AllSurplus Auction Page

In another assignment for the benefit of creditors, Tiger Group and Liquidity Services on August 15 auctioned Zume’s unused and uninstalled manufacturing assets in China.

For asset photos, descriptions, and other information about the China assets, visit SoldTiger.com