Asset Recovery Projects

Asset Recovery Project: BMW

Global Industrial performed a complete production line liquidation for the BMW corporation and its line of 1st generation X5 sport utility vehicles (SUVs). The production line removal was performed at the company's Spartanburg, SC facility and involved the complete removal of:

• Robotic automation assembly equipment
• Bus plugs
• Electrical control boxes
• PLCs
• ...and much more

This project was involved and coordinated between Global Industrial's professional team of asset recovery specialists and BMW's purchasing, production, and manufacturing facilities teams.

Data Center Removal: Intelliverse (Atlanta, GA)

Global Industrial was hired to remove and restore this data center back into leasable office space. Global Industrial worked with building management and Intelliverse to complete this project under a tight deadline while maintaining the high quality of work for which it is known. Global Industrial was able to complete the project at less than 50% of the cost of the next closest bidder for this project. Both Intelliverse and building management were extremely satisfied with the end project result.

Asset Recovery Project: Briggs & Stratton / Simplicity

Global Industrial was contacted by Briggs & Stratton / Simplicity regarding the liquidation of their recently closed Port Washington, Wisconsin manufacturing plant. Global Industrial proposed several options for the purchase or remarketing of unneeded equipment. Global Industrial purchased all remaining assets and agreed to perform selective demolition to bring the building up to the standards required by the new property owner. By utilizing Global Industrial's turnkey solution, Briggs & Stratton / Simplicity received a positive value for their remaining equipment and a solution that completely satisfied the company's unique requirements.

Equipment purchased and removed included:

• Powder Coating Equipment
• Chain Conveyor
• Industrial Welders
• Shelving / Tool Benches
• CMM (Coordinate Measuring Machines)
• Electrical Busway & Bus Plugs
• Paint Drying Equipment
• Mezzanine
• Assorted Cranes

Asset Recovery: Spartanburg Steel Products Inc.

Purchased and removed the assets from a previous production line.  Also purchased other equipment from outdated production lines.  We continue to purchase unused or out-of-date equipment on a quarterly basis.  Examples of equipment turned into cash for this company includes:

• Industrial Robots
• Spot Welding Equipment
• Bus Plugs
• PLCs
• Safety Fencing
• Obsolete Electronics
• Unneeded Spare Parts

Asset Recovery: ThyssenKrupp

Global Industrial contacted ThyssenKrupp regarding a potential liquidation of unneeded equipment at their Janesville, Wisconsin location.  Global Industrial was able to satisfy all of ThyssenKrupp's needs to provide a liquidation that worked for them.  Global Industrial purchased and removed all remaining assets from their facility which was scheduled to close shortly.  Equipment purchased & removed included:

• Air Compressors
• Machining Equipment to include: Drilll Presses, Band Saws, Grinders, Sanders
• Portable Hydraulic Units
• Vehicles
• Electrical Busway and Bus Plugs
• Electrical Transformers
• Workbenches & Hand Carts
• Office Furniture
• Paint Drying Equipment
• Shelving

Data Center Removal: Intelliverse (Arlington, VA)

This project was extremely time-sensitive.  Global Industrial was asked if this project could be completed in 4 days.  Global Industrial completed the project in 18 hours from start to finish.  Due to its extremely time-sensitive nature, Global Industrial worked non-stop until project completion.  At no point was quality or safety compromised.  Intelliverse and building management were both extremely satisfied with the quick and quality result.

Asset Recovery Project: Delphi

Global Industrial approached Delphi to recoup value from left over equipment at its closed Oak Creek, WI location.  Global Industrial worked with the management on site to determine their exact needs.  Through Global's turnkey process, we were able to provide our customer an easy transaction for several difficult to remove items.  Global Industrial, as always, provided up front payment and a quick and safe removal timeframe.  Once the required work was completed, Global Industrial continued to serve Delphi to recover funds for other equipment not originally slated for disposal.  Through Global Industrial's extensive worldwide customer base, Global Industrial was able to work quickly to provide Delphi with maximum value on a very short timeframe. 

• Global Industrial was able to maximize value on several items:
• Electrical Busway and Bus Plugs
• PLC and Panelview Components
• Electrical Circuit Breakers
• Electrical Transformers
• Circuit Board Manufacturing Equipment
• Packaging Equipment

Asset Recovery Project: INTERMET

Global Industrial purchased and removed assets from two of the steel manufacturer's closed manufacturing plants located in Havana, IL and Decatur, IL.  This project included the purchase and removal of assets including:

All electrical equipment to include:

• Substations
• Transformers
• Circuit Breakers
• Electric Motors
• Motor Starters
• Busway
• Bus Plugs
• Disconnect Switches
• Programmable Logic Controllers (PLC)
• Panelviews

The INTERMET project is just one example of how Global Industrial is able to provide our clients with positive value for assets located in closed or soon-to-be closed manufacturing facilities, locations, and warehouses.  Contact our team today or call us at 877.GIBUYS-1 to inquire.

   

Asset Recovery Project: General Motors (GM)

Global Industrial worked with the worldwide Fortune 1000 General Motors corporation to:

• Purchase robots and other industrial assets & equipment with our 100% up-front payment model
• Provide asset recovery solutions and complete removal of all equipment to our warehousing and processing facility

This project included the removal of components from GM's previous Saturn auto manufacturing facility and the purchase & removal of more than 750 used robots spanning four (4) production plants (Lansing, MI and Baltimore, MD). An additional ten (10) robots were liquidated from GM's Ramos Arizpe facility.

Contact us today to find out about our asset recovery solutions and browse our online catalog of thousands of recovered assets.

Equipment Liquidation: Harbison Walker Refractory

Harbison Walker called on Global Industrial to liquidate and recover assets from its closed Ludington, MI facility.  Global Industrial was able to evaluate and present a plan to market remaining sellable equipment.  Through its liquidation plan, Global Industrial was able to achieve a significant cash value for:

• 34 Komarek Briquette Presses
• Industrial Centrifuges
• Hoffman Industrial Blowers and Packaged Blowers
• Electric Motors & Starters
• Electric Hoists
• Silos
• Assorted Tanks
• Burners
• Office and Laboratory Equipment

Asset Recovery Project: Tower Automotive

Global Industrial purchased and removed a complete frame manufacturing line from Tower Automotive, used in the production of the Ford Ranger truck series.  By implementing its turn-key process, Global Industrial was able to leave Tower Automotive with cleared floor space and payment in full for the complete project.  Global Industrial purchased this line in place and removed all assets to include Industrial Robots, Welding Equipment, Electrical Busway, Electrical Bus Plugs, Electrical Circuit Breakers, Electrical Motors, Manufacturing Electronics (PLC's, Panelviews, Motor Starters, Pushbuttons, Etc.), Hydraulic Power Units, Safety Curtains, and more.

The Good, The Bad, and The Ugly - All Inclusive Services

This Tower Automotive project is an example of our 100% turnkey process in action.  Global Industrial's asset recovery service is comprehensive and includes removal of any hazardous waste, harmful or undesirable material, and demolition of any structures necessary to leave the client with cleared floor space and the desired outcome.

Asset Recovery Project: Glatfelter Paper Company

Global Industrial was contracted by a demolition company to drive the asset recovery portion of the demolition project for this Neenah, WI paper plant.  Glatfelter is headquartered in York, PA.

Key focus for this project was reclamation and cash recovery for the paper and pulp machinery which included:

• Electrical Sub-Stations
• Tanks
• Gear Reducers
• Industrial Bearings
• Industrial Blowers & Packaged Blowers
• Electrical Motors
• Pumps & All Types of Industrial Valves

Experience, Reliability, and Speed

When this Mexico-based company was looking for a company with the experience, reliability, and speed to restore a powder coat facility, Tower Automotive didn't hesitate to recommend Global Industrial.  Metalsa contracted Global Industrial based on a solid reputation and expertise in providing complete asset recovery solutions.  The project involved removal of components, concrete work, and repair of the Tower Automotive production facility in which the equipment was located.

Asset Recovery Project: FujiFilm

Global Industrial was asked by a local contractor to participate in the recovery of assets no longer being used by Fuji Film.  This contractor had an established relationship with Fuji Film and wanted to provide their customer with another service to include asset disposition.  Global Industrial worked to provide the same turnkey solutions we offer direct to our customers.  These assets included but were not limited to:

• Industrial Robotics
• Industrial Chillers
• Cooling Towers
• Air Compressors
• Motor Control Center
• Packaged Blower Units
• Electrical Generators
• Hoists
• PLCs and Related Equipment

Asset Recovery Project: St. Mary's Hopital

Global Industrial contacted St. Mary's Hospital to recover value from assets which were located in a recently closed nursing home.  Global Industrial was able to recover significant value for items which were not deemed sellable.  St. Marys was pleased with Global's performance and did not hesitate to call when the hospital in Madison, WI began an expansion project that would last over two years.  Our goal was to recover as much value as possible from the assets being removed which were no longer needed.  Global Industrial worked with St. mary's Hospital under the timeframe required to recover the value which was needed for the project.  Global Industrial focused its effort on the power plant and a temporary building slated for demolition. 

Global Industrial was able to recover significant value over the two year expansion project from several items including:

• 4 Diesel Electric Generators
• 1 Turbine Electric Generator
• 1 Natural Gas Electric Generator
• Electrical Substations
• Electrical Disconnects
• Electrical Circuit breakers
• Air Compressors
• Air Handling Equipment
• Office Equipment
• Laboratory Equipment
• Lighting Equipment