Liquidation Sale Planned At Niigon Machines
Auction will run Nov. 30-Dec. 3.
Infinity Asset Solutions has been authorized to liquidate the two state-of-the-art manufacturing facilities that had been operated by Niigon Machines Ltd., the Toronto-based injection molding machinery and automation company that last month filed for bankruptcy and is now in receivership.
The three-day online auction event will take place from Tuesday, Nov. 30, through Thursday, Dec. 2.
Infinity says featured items include nine new and demo injection molding machines; paint spray and wash booths; clean room; resin drying and handling equipment; material handling and rolling stock; chiller systems; air-management systems; electrical testing equipment; plant support and maintenance; and more. There are ongoing negotiations with potential end-user buyers, according to Infinity.
Niigon was founded in 2008 by Robert Schad under the original name of Athena Automation Ltd.. Schad, of course, founded Husky in 1953. Schad was inducted in the Plastics Hall of Fame in 2006.
For more information contact Bruce Lyle at 905-669-8893; info@infinityassets.com or visit .
Related Content
-
What to Look for in High-Speed Automation for Pipette Production
Automation is a must-have for molders of pipettes. Make sure your supplier provides assurances of throughput and output, manpower utilization, floor space consumption and payback period.
-
Process Monitoring or Production Monitoring — Why Not Both?
Molders looking to both monitor an injection molding process effectively and manage production can definitely do both with tools available today, but the question is how best to tackle these twin challenges.
-
Use These 7 Parameters to Unravel the Melt Temperature Mystery
Despite its integral role in a stable process and consistent parts, true melt temperature in injection molding can be an enigma. Learning more about these seven parameters may help you solve the puzzle.
