General Cable Closure Calls for Auction of Wire & Cable Machinery - FOX Carolina 21

General Cable Closure Calls for Auction of Wire & Cable Machinery

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Two Large Live Webcast Auctions Being Held by Perfection Industrial Sales Due to Facility Closures of Two Large General Cable Manufacturing Plants

La Malbaie, Quebec & Roseburg, Oregon (PRWEB) August 15, 2014

Perfection Industrial Sales, in conjunction with Commission Brokers Inc, a wire and cable equipment specialist, is conducting two Live Webcast Auctions of machinery and equipment for two General Cable locations in La Malbaie, Quebec & Roseburg, Oregon. The auctions will be held on August 19, 2014 at 10:00 a.m. ET, and August 26, 2014 at 9:00 a.m. PT, respectively. For those who cannot attend the sale in person and wish to bid online, Live Webcast bidding will be available on BidSpotter.com.

General Cable, a premier International Wire & Cable Manufacturer, has discontinued product manufacturing and distribution at its La Malbaie facility located in Quebec, Canada, as well as its Roseburg, Oregon location. There will be over 2,300 lots featured including Stranders, Rod Breakdown Mills, Redraw Lines, Bow Twister Lines, Jacketing Lines, Pay-Offs, Take-Ups and more from top manufacturing brands such as Niehoff, Krupp, Ceeco, Davis Standard and Vaughn. Both facilities also include a wide variety of plant support equipment.

The General Cable La Malbaie plant facility produced a variety of high and low voltage aluminum conductors of different alloys and aluminum / steel reinforced conductors for transmission power lines through 750 KV. The Roseburg, Oregon plant was involved in drawing and insulating of nonferrous wire and was originally purchased as part of the companys Alcan Cable acquisition in the fall of 2012.

Through an advanced marketing program, Perfection Industrial Sales will expose the assets to a global market and expects significant bidding activity. For a complete lot catalog as well as all details regarding these sales, please visit http://www.perfectionindustrial.com. Both sales will be conducted in U.S. funds.

PERFECTION Industrial Sales, a division of PERFECTION Global, LLC, specializes in providing global asset management solutions for both small and large companies in a wide variety of industrial sectors. These services are offered through a range of tailored solutions which include Live Webcast and Online Auctions, Negotiated Sales, Investment Recovery, Appraisal, Real Estate Acquisition and Sale & Lease Back programs.

For more information, please contact:

General Cable Auction Inquiries:
John Bopp, Senior Project Manager
john(at)perfectionindustrial(dot)com

For media inquiries, contact:
Eric Winkelmann
ericw(at)perfectionindustrial(dot)com
http://www.perfectionindustrial.com

For the original version on PRWeb visit: http://www.prweb.com/releases/perfectionindustrial/20140815/prweb12098958.htm

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