The three-day Auction event will occur on Tuesday, November 30, Wednesday December 1 and Thursday, December 2. This timed webcast Auction will proceed online only. Inspection happens on Monday, November 29, 9 AM to 4 PM or by Appointment at the NIIGON facilities at 370 and 372 New Enterprise Way, Woodbridge, Ontario. Featured items include (9) New and Demo Injection Molding Machines; $10MIL+ Cost in New Machine Parts Inventory; Paint Spray and Wash Booths; Clean Room; Resin Drying and Handling Equipment; Material Handling and Rolling Stock; Chiller Systems; Air Management Systems; Electrical Testing Equipment; Plant Support and Maintenance; plus much more. There are ongoing negotiations with potential end-user buyers.
NIIGON MACHINES was founded in 2008 under the original name of Athena Automation Ltd by Canadian plastics pioneer and industrialist, Robert Schad. Previously, Mr. Schad had founded Husky Injection Molding Systems in 1953. 'Athena' changed its name to 'NIIGON' which translates from indigenous Ojibwa meaning 'for the future'. Said Schad in 2018, the new name "aligns us to emphasize the business objective of becoming a global leader in customized injection molding machines". Most recently, NIIGON has used its machines to produce the Health Canada approved 'Shield-U' protective face shields during the pandemic.
For over 85 years of industry experience, Infinity Asset Solutions has been a full-service asset solution provider for businesses of all sizes in a variety of industries including the disposition of industrial, retail and wholesale inventories and real estate. This includes a comprehensive valuation service for collateral-based lending, asset disposition and acquisitions.
SOURCE: Infinity Asset Solutions, CISION
