The sale encompassed a wide array of industrial hardware, including CNC machining centers, lathes, automated pallet systems, and fiber laser cutting equipment. Notable manufacturers represented in the inventory included Makino, Haas, Fanuc, and Amada. A standout transaction involved a Makino automated machining cell, consisting of two A51NX horizontal machining centers, which fetched over $600,000.
In section Releases
Tiger Group Liquidates $6 Million in Precision Manufacturing Assets
A complex liquidation of high-precision industrial machinery in Santa Clara has generated $6 million for creditors and stakeholders. Tiger Commercial & Industrial managed the sale, which spanned a diverse inventory of fabrication tools, raw materials, and specialized CNC systems formerly held by Lor-Van Manufacturing and Apex Machining.
Jonathan Holiday, Senior Director at Tiger C&I, attributed the successful recovery to the firm’s ability to consolidate assets under complex ownership and creditor structures. The team utilized a proprietary buyer database to match specialized equipment with industrial demand. Beyond the sale itself, Tiger personnel oversaw the end-to-end logistics, including the cleaning, cataloging, and rigging of machinery to ensure a disciplined transition for the high-value equipment.
Comments (0)
No comments yet. Be the first!