Exciting Auction for Textile Embellishment Equipment Now Open
Bidding opens soon for highly sought-after equipment including M&R Polaris printers, uninstalled and ready for new owners.
Today, Tiger Group has officially announced a remarkable opportunity for businesses in the textile industry, offering a selection of advanced embellishment equipment that plays a crucial role in producing various products like T-shirts and shower curtains.
Important Auction Details
The online auction at SoldTiger.com will kick off on January 29 at 10:30 a.m. PT. This event will provide a platform for potential buyers to secure valuable assets before it concludes on February 5 at 10:30 a.m. PT.
Equipment Available for Auction
The auction features equipment that was previously used by Delta Apparel and Royal Textiles. This range includes an entire flatbed screen printing operation in Southern California, showcasing not only state-of-the-art M&R machines but also essential operation equipment securely stored across several states, such as Kentucky, Arizona, and New Jersey.
John Coelho, Senior Director of Tiger Commercial & Industrial, stated, "On the M&R side, we are auctioning three direct-to-garment Polaris printing systems renowned for their speed, user-friendly design, and versatility, along with an M&R dryer." The opportunity to acquire such technology is invaluable for businesses looking to enhance their production capabilities.
Purchasing M&R equipment during this auction could lead to significant cost savings. Tiger Group has prepped these machines for buyers, eliminating the hassle typically involved in the acquisition process. "Leading experts in M&R equipment have already matched, uninstalled, and crated these assets for easy pickup," Coelho commented.
More Than Just Equipment
Additionally, the auction will include nine GS1 Universal Product Code (UPC) certificates. Each certificate represents 100,000 unique UPC numbers, which manufacturers need for product identification purposes. These are especially beneficial as they involve no annual licensing or maintenance fees, which are typically required for new UPCs.
Coelho explained the financial benefits of these legacy certificates: "A new buyer today would face a cost of $10,500 for 100,000 UPC numbers, plus a $2,150 annual maintenance fee. Acquiring a single legacy certificate could yield significant savings every five years." This advantage can be substantial for manufacturers looking to streamline their expenses.
M&R Assets Overview
The auction showcases five digital, multi-station Polaris machines. These M&R assets enable textile embellishers to run several jobs simultaneously, positioning bidders at the forefront of textile technology. Coelho noted, "Investing in these machines can save a company over $1 million compared to purchasing new right off the market. The savings potential here is remarkable."
Among the equipment for sale are three 2021 M&R Polaris PR2 Stryker printers located in Cranbury, New Jersey, along with two additional printers stored in Glendale, Arizona. The 2021 M&R Sprint 3000 dryer is available from Owensboro, Kentucky, representing a robust offering that is hard to overlook.
Flatbed Screen Print Operation Details
Moreover, assets from Royal Textiles' flatbed screen print operation are available either individually or as a complete package, giving buyers the chance to restart production in Compton, California, pending landlord agreement. This selection features intricate equipment like a stretcher, engraving printers, and an advanced finishing machine.
Comprehensive details about what’s included in the auction are as follows:
- A screen-making stretcher and an industrial oven, both designed by DS Engineering.
- Two stainless-steel industrial mixing tanks.
- Two screen engraving printers.
- An efficient air compressor.
- IDH automatic flatbed printing machines with industrial work platforms.
- Thousands of aluminum screen frames suitable for various projects.
- Sample printing machines and tenter frame machines to enhance workflow.
- An industrial-grade air-cleaning system to maintain quality standards.
In addition to these items, a 2021 Ink Cups Double Helix industrial UV ink jet system is also available for auction, featuring a state-of-the-art varnish unit.
Inspection and Additional Information
Inspections of the auction items will take place on February 4, where interested parties can view the assets from 10 a.m. to 4 p.m. local time. For inquiries or to arrange inspections, individuals can reach out by email or by phone.
This is an incredible opportunity for businesses involved in the textile industry to upgrade their equipment and potentially save a significant amount of money. For more in-depth information regarding the auction proceedings and available assets, contacting Tiger Group directly is recommended.
Frequently Asked Questions
What is being auctioned in the textile equipment sale?
The auction features advanced embellishment equipment, including M&R printers and a flatbed screen printing operation from past textile manufacturers.
When does the auction start and end?
The bidding opens on January 29 and concludes on February 5.
How can participants inspect the auction equipment?
Inspections will be available on February 4, with specific hours set for viewing the items.
What are the advantages of the legacy UPC certificates?
These certificates are beneficial as they require no annual maintenance fees, translating to substantial savings.
Who can I contact for more information about the auction?
For further details, potential participants are encouraged to reach out to Tiger Group directly via provided contact information.
