Stiles Machinery Inc. is pleased for the opportunity to work in cooperation with Hilco Industrial, LLC to provide the industry a vehicle for factory liquidations.
Hilco and Stiles are actively seeking acquisitions, from single stand alone machinery to complete real estate and intellectual property. Currently they are featuring a state-of-the art fully automated cabinet door manufacturing facility located in Kentucky.
According to Stephan Waltman, Vice President of Sales & Marketing for Stiles, “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.”
About Hilco Industrial, LLC
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. Hilco Industrial maintains offices in key cities in North America and the United Kingdom. It is a unit of Hilco Trading, LLC, an international leader in asset valuation, acquisition, disposition and advisory services.
About Stiles Machinery Inc.
For over 45 years, Stiles has been helping manufacturers succeed. More than the largest supplier of quality machinery, Stiles provides a Total Production Solutions approach by also offering equipment integration, financial services, education, service and parts. By having a wealth of solutions whether defined as people, products or services, Stiles merges the best thinking and the best ideas in a solution that works best for their customers. Headquartered in Grand Rapids, Michigan, Stiles has regional offices in High Point and Gastonia, North Carolina; Shelton, Connecticut; Irving, Texas; and Ontario, California.
SOURCE: Stiles Machinery Inc.
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