The assets of the former manufacturing plant of Cabinetec Incorporated, profiled in sales promotions as a modern, state-of-the-art wood cabinet manufacturer, were auctioned last week.
The high-end manufacturer of kitchen cabinetry closed as a result of the plunge in the housing market in the Las Vegas area that it served, according to reports.
Advanced equipment, such as a multi-million dollar Superfici Elmag Flat Finishing Line, was offered, as well as other late model equipment and vehicles Cabinetec used to provide custom cabinetry and trim packages. Items sold included everything from air compressors, CNC mortise & tenon equipment, chop saws, CNC machining centers , conveyors, double miter saws, a dust collection system, dryers, edgebanders, edge sanders, hinge borers, membrane press, moulders, optimizing chop saws , panel saws, ripsaws, sanding tables, shaper/sanders, wide-belt sanders and even four tractors and more than 50 trailers for delivering finished goods. Mark Weitz, president of the Wholesale and Industrial Division of auctioneer Great American Group, said, âThe auction consists of very well maintained precision CNC wood cabinet manufacturing equipment, trucking and warehouse facility, which offers opportunities for other manufacturers to upgrade or expand their operations.â >>
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