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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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News

Hilco Industrial to Manage Textiles Manufacturer Asset Sale

Oct 05, 2017

Hilco Industrial announced today that they will manage the sale of machinery & equipment belonging to JT Contractors, a contract denim jean manufacturer located in Vernon, California. The company recently formed a joint venture with a supplier of denim material. The asset mix includes over 700 standard machines that can be used in many applications across many industries. There are also some automated pieces specifically designed for the denim and heavy work wear markets.

The closure of the facility offers apparel and denim manufacturers an opportunity to purchase a wide variety of production equipment from many of the leading OEMs. These manufacturers and types include: Brother, Consew, Hoffman, Japsew, Juki, Kansai, Malavasi, Mitsubishi, Naomoto, Pegasus, Reece, Rimoldi, Singer, Union Special, Wilcox, Yamato and more.

Sewing Machines

  • (80) Double Needle
  • (125) Single Needle
  • (45) Bar Tack
  • (30) Waistband
  • (20) Belt Loop
  • (100) Overlock

 Specialty & Multi-Use Machines

  • (25) Pocket Seam/Welt/Setter Machines
  • (20) Button/Button Hole/Keyhole Machines
  • (10) Automatic Seam Buster Machines
  • (20) Cover Stitch Machines
  • (45) Fell Seam Machines
  • (30) Hemming Machines
  • (40) Multi-Needle/Multi-Use/Programmable Machine

Miscellaneous Items Include

Fabric Laser Robot, Screen Printing, Pants Turners, Thread Rewinders, Fabric Racks

The sale will be a timed online auction on Hilcobid. The auction will open on October 19th and the first lots will begin closing at 5 p.m. ET on October 26th.

Assets can be viewed on October 25th from 9 a.m. - 4 p.m. PT at 2345 E. 48th St., Vernon, Calif.  90058.

To arrange an inspection, access more detailed information about the assets being sold, or to learn more about the online bidding process, visit https://www.hilcoind.com/en/sale/textiles-manufacturer or contact:

Tim Pfister – tpfister@hilcoind.com+1 847.313.4747

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