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Hilco Corporate Finance will identify, evaluate, select and pursue the best options for each unique situation. Our team of experts will formulate value projections, identify counter parties, prepare marketing materials, and assist with the myriad of issues and decisions you may face within your unique situation. Our team of professionals will provide proven leadership and a global reach with a track record of success for middle market companies.

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We create incremental value in the transaction process for Middle Market Companies. By taking advantage of our extensive platform of services, resident knowledge and global reach we work to identify the intrinsic value of the business asset, deliver a clear approach to maximize and monetize the value of that asset, and provide valuation services including lending, financial reporting, compliance, fairness opinions, tax, and dispute resolution.

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For 30 years Hilco Global has focused on Middle Market customers. We understand the marketplace well. Our corporate finance organization focuses on transactions between $20 and $250 million for small and middle-market companies headquartered in North America and larger companies wishing to acquire, merge or divest divisions.

We are industry agnostic. We have significant experience in retail, consumer products, manufacturing, healthcare, business and professional services, financial services, automotive, energy, technology, among others.

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Hilco Industrial to Sell Late Model CNC Machine Tools & Support Equipment

Jul 19, 2016
Hilco Industrial to Sell Late Model CNC Machine Tools & Support Equipment

Hilcobid Webcast Auction to be held on August 9, 2016

July 7, 2016 - Northbrook, IL- Hilco Industrial (www.hilcoind.com), a unit of Hilco Global, announced the sale of the assets of Edmonton, Alberta, Canada based Machine Tech CNC. This sale is offered in partnership with ReSell CNC and will be conducted live, onsite and via webcast on the Hilcobid auction platform.

This sale is highlighted by (17) Mazak CNC turning and milling centers, ranging in age from 2008 – 2014. Many of these machines are equipped with attractive options including programmable steady rests, full C-axis live tooling, and 4th axis rotary tables. This sale also features (8) CNC flatbed lathes with spindle bores to 9” and centers to 160". A wide range of support equipment including bridge cranes, forklifts, air handling equipment, tool holders, perishable tooling, and an assortment of test/measurement equipment is also available.

Machine Tech CNC was an independent small business with over 30 years combined experience in the manufacture of oilfield wellhead equipment, loc screw assemblies and job contracts for production and manufacturing.

For additional information on the auction, lot catalogs, or details on the assets being sold, please visit http://www.hilcoind.com or contact: * John Magnuson – Hilco Industrial, jmagnuson@hilcoglobal.com +1 847.504.3204 * John Sharpe – Hilco Global, jsharpe@hilcoglobal.com +1 416.252.1955

About Hilco Industrial: Hilco Industrial (www.hilcoind.com ) provides industrial asset disposition services, specializing in machinery, equipment and inventory auctions and negotiated sales. It sells the broad range of industrial assets found in manufacturing, wholesale and distribution companies. Hilco Industrial performs dispositions through on-site, online and combination webcast auction sale events as well as negotiated (private treaty) sales. In addition to providing services on a fee or commission basis, Hilco Industrial has capital to put at risk and often acquires assets or provides guarantees. Hilco Industrial is part of Northbrook, Illinois based Hilco Global (www.hilcoglobal.com ), the world's leading authority on maximizing the value of business assets by delivering valuation, monetization and advisory solutions to an international marketplace. Hilco Global operates twenty specialized business units offering services

that include asset appraisal, retail and industrial inventory acquisition and disposition, real estate repositioning and renegotiation, strategic advisory, consulting and strategic capital investments.

About Machine Tech CNC:

Since its founding, Machine Tech CNC has been providing quality industrial machinery design, maintenance, and manufacturing. Headquartered in Edmonton, Alberta, the company focused on delivering quality innovative products in the oilfield service industry.
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