Daily News
From Home Furnishing Business
220,000-sq.ft. Furniture Plant Up for Auction in Fargo, ND
August 15,
2023 by HFBusiness Staff in Business Strategy, Industry 
On August 24, Tiger Group and HyperAMS will auction more than 400 woodworking and other assets from the 220,000-square-foot furniture plant formerly operated by Solid Comfort, a tier-1 supplier of wooden and laminated casegoods for hospitality leaders such as Marriott, Hilton, Best Western and My Place.
At both SoldTiger.com and Bidspotter.com, the timed, online auction closes on August 24, at 10:30 a.m. (CT). Bidding opens on August 17.
SoldTiger.com
https://soldtiger.com/sales/furniture-manufacturer-auction-220k-sq-ft-plant/
Bidspotter.com
https://www.bidspotter.com/en-us/auction-catalogues/tiger-asset-intelligent/catalogue-id-bscti10073
"Conducted by order of the secured creditor, this multimillion-dollar plant-closing sale offers a wide array of late-model, well-maintained woodworking equipment," noted John Coelho, senior director, Tiger Commercial & Industrial.
"Represented brands include Komo, Biesse, IMA, SNX, Vitap, Boarke and Black Brothers, to name just a few."
In addition, companies in construction, manufacturing and other industries can acquire rolling stock, material-handling, plant-support and other general equipment in the sale, added Phil Sexauer, senior vice president of HyperAMS.
"These assets include a Caterpillar wheel loader, a Gorbel bridge crane, a Caterpillar stationary generator, and a total of six forklifts," the executive noted. "Bidders also will find multiple bench grinders, dust collectors, power tools, air compressors, conveyer and storage systems, and much more."
Highlights of the sale include two Komo Xtreme XL 512 CNC three-axis routers, with twin shuttle, 5′ x 12′ vacuum tables.
"These highly coveted automated routers are of the gantry type, traveling head, with a 12-position automatic tool changer, a Komo material handling and loading station, a vacuum pump, and associated accessories," Coelho noted. "Like all the woodworking equipment in this sale, they're late-model and well-maintained."
The auction also features three IMA Advantage 500L CNC single-sided edge banders with finishing/trim stations, and a Black Brothers glue application/lamination line.
"From automated CNC routers, edge banders and laminators, to pocket drills, sanders, saws and molders, this auction truly is an extraordinary opportunity for the furniture-manufacturing industry," Sexauer said.
On-site inspections are available by appointment on August 23, from 10 a.m. to 4 p.m. (CT). To arrange an inspection or obtain other information, email: auctions@tigergroup.com or call (805) 497-4999.
For asset photos, descriptions, and other information, visit either
https://soldtiger.com/sales/furniture-manufacturer-auction-220k-sq-ft-plant/
or
https://www.hyperams.com/solid-comfort-woodworking