Auto Industry Supplier M&S Manufacturing Company Closing.Hilco Industrial LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control Selected To Sell Machining Facility Equipment HUDSON, Mich. -- One of the largest, most modern and sophisticated machining facilities in the world, operated by Hudson, MI-based M&S Manufacturing Company, has closed its doors. All assets will be sold at a 5-day public auction sale commencing March 26, 2007. Hilco Industrial, LLC, has been selected to conduct the sale. M&S Manufacturing is a contract precision machining supplier, principally to the automotive industry The automotive industry is the industry involved in the design, development, manufacture, marketing, and sale of motor vehicles. In 2006, more than 69 million motor vehicles, including cars and commercial vehicles were produced worldwide. . Over 200 major machines to be auctioned include Index and Nakamura brand CNC (Computerized Numerical Control) See numerical control. CNC - Collaborative Networked Communication turning centers, Hydromat brand rotary transfer machines, and large numbers of miscellaneous machining devices from well-known brands such as National Acme, Tornos Bechler, Miyano, Techno Wasino, Micron, Takamaz and Traub. Other assets other assets Assets of relatively small value. For financial reporting purposes, firms frequently combine small assets into a single category rather than listing each item separately. to be auctioned include a complete state-of-the-art tool room with significant quantities of CNC, screw machine One of a series of machines employed in the manufacture of wood screws. A machine tool resembling a lathe, having a number of cutting tools that can be caused to act on the work successively, for making screws and other turned pieces from metal rods. See also: Screw Screw and perishable tooling; QC and inspection tooling and accessories; vehicles; and, shop and factory supplies. "This is an unprecedented opportunity for buyers to realize great savings on hard-to-acquire, late model, well-maintained equipment," said Robert Levy Robert Levy may refer to:
The auction is scheduled to be held from March 26 to March 30 at the M&S Manufacturing Company plant, located at 550 East Main St. in Hudson, MI. For a complete listing of equipment and auction details, visit www.hilcoind.com. About Hilco Industrial, LLC An international leader in WebCast, on-site and on-line machinery and equipment disposition services, Hilco Industrial [www.hilcoind.com] designs, implements and manages state-of-the-art sales and marketing programs to achieve maximum returns. Core competencies include understanding the true marketable value of industrial assets and the know how to sell them at the maximum recoverable value, in the shortest possible timeframe, with minimal expense. Hilco auctioneers, appraisers, liquidators and consultants have an average of 30 years experience. They have conducted well over 4,500 sales events generating in excess of USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 3.5 billion on a global basis. Hilco Industrial is a unit of The Hilco Organization [www.hilcotrading.com], a world leader in the valuation, acquisition, disposition and specialized debt and equity financing Equity Financing The act of raising money for company activities by selling common or preferred stock to individual or institutional investors. In return for the money paid, shareholders receive ownership interests in the corporation. of business assets. |
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