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.
Robert Dalheim is an editor at the Woodworking Network. Along with publishing online news articles, he writes feature stories for the FDMC print publication. He can be reached at [email protected].
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