Accurate appraisals are the foundation of asset based lending. Companies count on appraisals to maximize their borrowing power and lenders rely on appraisals to support the value of the credit being extended. How assets are sold and into which region of the world buyers are to be found plays a significant role. Take advantage of experienced machinery appraisal and liquidation services from HGB Corporation. For more than 15 years our customers have been satisfied with our work due to our technical director's 45 years of process engineering and manufacturing experience in all phases of synthetic fiber manufacturing, from polymerization to the finished product. Assisting financial institutions and corporations with valuation services and asset recovery or redisposition of equipment is an integral part of our business. Whether it is a single machine or an entire plant the best way to achieve the highest return is through Orderly Liquidation. With this type approach specific assets can be targeted to specific industries or buyers in a controlled manner. Our extensive data base of equipment users developed over a period of years provides a controlled approach to having potential buyers view and negotiate the purchase of a company's assets. We develop a specific market plan which includes advertising in industry related publications, web based promotions and direct communication with OEMs to ensure adequate exposure of the assets being liquidated. Many companies have found that this type approach provides greater returns and less stress to their operations. Please contact us for an analysis of your asset recovery functions. CURRENT LIQUIDATIONS Complete manufacturing plant for polyester resins and fibers Liquidation of assets in a major polyester resin and fiber plant in Europe is upcoming shortly, pending inventory and equipment data evaluations. The scope of the project will include: (1) Complete polyester polymerization system, 80 million pounds/year capacity. (1) Completer polyester polymerization system, 77 million pounds/yr capacity. Polymers for bottles, film, fibers, nonwovens. (1) Neumag polyester staple fiber extrusion line, 12.8 thousand tons/yr. capacity (2) Barmag spinning machines for polyester yarn production, each capable of 3.8 tons/day capacity. (1) Artec line for recycling polyester waste, 6 thousand tons/yr. capacity. Texturizing machines, complete, includes (1) ICBT FTF 8, 96 positions, (2) ICBT FTF 10 texturing machines, 144 positions, (2) Scragg SDS 900 machines, 216 positions, (3) Barmag FK 6M machines, 216 positions, (1) texturing machine, Barmag FK 6M Multi- 216 positions, (2) texturing machines, Rieter GOAL, 1210 Flex SE DD AD with 240 positions, (1) Rieter GOAL 1210 Flex SE AD with216 positions, (8) knitting machines for KDK based on FY yarn, (3) assembly winders, (1) Zinser drawing machine, 168 positions with Comoli horizontal take-up, (2) Zinser drawing machines with take-up on cops, (9)Twisting machines PS-12, (4) Rewinders, RS-12, (2) twist stabilization ovens, (2) Gilbos assembly winders, (1) Autefa baling machine, model 282-800. Complete inventory details will be available shortly. RECENT LIQUIDATIONS
Liquidation of assets formerly owned by Intercontinental Polymers, Inc., Lowland, Tennessee is in its final stages. Miscellaneous equipment for staple fiber extrusion, bicomponent staple extrusion, fiber drawing, baling and processing equipment remain available. Click on EQUIPMENT FOR SALE page for further details.
Liquidation of assets formerly owned by Wellman, Inc. in Marion, SC was completed as of 5-31-08. We maintain warehouses for the storage and sale of machinery, and our inventory changes constantly. Please inquire if you are looking for machinery, or wish to sell surplus equipment.
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About Us
HGB CORPORATION, incorporated in 1993, has engaged in buying and selling extrusion and fiber processing equipment for the past 15 years. Emphasis on multifilament, monofilament, staple, BCF and nonwoven machinery has been the major business function.
HGB FINANCIAL SERVICES GROUP, a division of HGB Corporation, was formed to provide professional machinery appraisal and liquidation services for banks and commercial organizations. Our machinery and equipment specialists have an extensive background in synthetic fibers extrusion and fiber processing equipment. We can provide appraisals for single machines or entire plants. Whether the need is for a limited or comprehensive appraisal, or litigation and liquidation support our staff can meet your needs in a timely manner at reasonable cost.
Plant and equipment liquidations are a major activity for our company. Please click on our Appraisals-Liquidations pages for further information. If you need processing equipment or have machinery to sell please contact us. We undertake full plant liquidations as well as buy and sell individual items.
Our areas of expertise include:
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Extrusion and fiber processing equipment
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Chemical processing equipment
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Nonwoven fabric production
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Film and monofilament equipment
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Polymer and resin production
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Raw material storage, including silos, tanks and vessels
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Recycling systems for fiber, film and bottle flake
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Laboratory- analytical and physical testing equipment |
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For professional appraisal and liquidation services contact us at:
Tel: 704-893-0035- Fax: 866-533-3970Email: itbostic@hgbcorporation.com |
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Serving the extrusion, fiber,chemical, plastics, rubber & nonwovens industry since 1993
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