LENOIR, N.C. - Heritage Home Group (HHG), former owners of the Broyhill, Thomasville, Drexel, and Henredon furniture groups, is selling its assets in a live auction December 12 and 13.
Tons of machinery and equipment is up for grabs. Items include CNC machining centers from Weeke; lumber stackers, finger jointing, edgebanders, and tenoners from USNR, Grecon, Medalist Challoner, Fletcher, and Homag; planers, sanders, and saws from Timesavers, Heeseman, Mereen-Johnson, Diehl, Holzma, Benco, SCMI; glue equipment from Rosenquist, Wemhoner, Black Brothers, Taylor, and Dodds; veneer equipment from Ompec, Torwegge, Kuper, and Diehl; miscellaneous equipment from Weinig, Weeke, and Vecoplan; forklifts and more.
The auction will take place on-site and online. Registration and more information can be found here.
In August, HHG filed a WARN Act notice in North Carolina affecting 712 employees at its Lenoir Upholstery and Lenoir Case facilities when an initial attempt to identify a buyer and sell the Broyhill and Thomasville & Co. business groups fell through. In the interim between the Aug. 28 announcement and today's announcement, a new stalking horse bidder was identified as a newly formed entity ABG and SB360. Authentic Brands Group is a brand development, marketing, and entertainment company, which owns a global portfolio of entertainment and lifestyle brands. SB360 Capital Partners is a consulting, business evaluation, asset acquisition, and asset disposition firms.
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