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Stiles providing auction services - Woodshop News

Stiles providing auction services

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Stiles Machinery Inc. is partnering with Hilco Industrial LLC to offer the industry a vehicle for factory liquidations.

Hilco and Stiles are actively seeking acquisitions, from stand-alone machinery to complete real estate and intellectual property. They are currently featuring a state-of-the-art fully automated cabinet door manufacturing facility located in Kentucky. For information about this auction, including specifications on machinery and equipment, visit www.hilcoind.com.

“The state of the industry demands that we provide a solution to properly promote and auction equipment, and Hilco was the natural choice for us as they are the leaders in their industry,” said Stephan Waltman, Stile’s vice president of sales and marketing, in a company release.

Hilco Industrial provides industrial asset disposition services, specializing in selling machinery, equipment and inventory auctions and negotiated sales. It sells the broad range of industrial assets found in manufacturing, wholesale and distribution companies through on-site, online and combination webcast auction sale events as well as negotiated (private treaty) sales. It is a unit of Hilco Trading LLC.

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