Massive Two-Day Machine Tool and Foundry Auction Exceeds Expectations
Hyper Group was engaged by the owner to manage the sale of all assets inside the 390,000-square-foot former Ward Foundry in Blossburg, Pennsylvania.
Hyper Group initiated an orderly solicitation process for major equipment while simultaneously preparing for a large, two-day auction of the cupola-fed, high-production foundry. The assets included a full pattern shop, CNC machine tools, inspection and quality control equipment, forklifts and rolling stock, MRO, and extensive support equipment. Our team meticulously organized, staged, and marketed the sale to ensure strong participation across all asset categories.
The combined orderly liquidation and auction strategy delivered a maximized recovery for the client. Result highlights included:
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