Tiger Capital, PPL to Conduct Auction of Ironman Parts & Services Assets
Tiger Capital Group’s Commercial and Industrial Division and PPL Group LLC have been retained to conduct an online auction of the assets of diesel engine services company Ironman Parts & Services on June 16. The sale includes assets from the recently closed company’s facilities in Santa Fe Springs and Corona. Bidders can select from two complete engine and transmission overhaul shops, including repair and maintenance tools and equipment, office equipment, and more than 30 pieces of rolling stock.
“Truck and automotive repair shops, owner-operators, mechanics and general businesses looking for great purchase opportunities on anything from trucks to office equipment, will be interested in this sale,” said Matthew DelGuidice, Senior Vice President of Tiger’s Commercial & Industrial division. “We’re offering a lot of well-maintained rolling stock, and a wide variety of engine rebuilding and general repair equipment, and specialized tools.”
The fully-stocked engine rebuilding shops feature an AMC CM-2500 vertical cylinder block boring and milling machine, two AMC 3L twin post horizontal boring machines, and an AMC C4 vertical boring bar machine. Also included are a Van Norman SM-6000 vertical cylinder head and block resurfacing machine, two 80-ton shop presses, Mangaflux testing stations, and more.
Available repair and maintenance tools and equipment for both trucks and automobiles include a Power Test 25X02 engine dynamometer, an Aidco 400 Transmission Dynamometer, a Donaldson diesel particulate filter thermal regenerator oven, a Lawless valve body tester, and assorted engine and transmission stands.
Plant support and material handling equipment up for bid includes Gardner Denver and Ingersoll Rand air compressors; a Crown electric 3,500-lb. capacity narrow aisle order picker; two Nissan LPG 6,650 lb. capacity forklifts; pallet jacks; and more.
More than 30 pieces of rolling stock (some as new as 2012) being offered bid include gas and diesel Isuzu 15′ box trucks with lift gate; Chevrolet box vans; Ford F-450, F-350 and Ranger pickup and service trucks; a Freightliner tow truck; and dry van trailers.
Available high-end office equipment includes Knoll workstations, more than 60 Herman Miller Aeron chairs, as well as desks, credenzas, file cabinets, and conference tables. VOIP phone systems, computers, printers, flat screen TVs, and other office equipment will also be offered for sale.