Plant Closings · Wind-Downs · Retirements · Fleet Reductions
Industrial & Business Liquidations
From a single machine shop to an 870,000 square foot plant: cataloged, marketed worldwide, sold and loaded out. Led by Mike Fisher, current President of the National Auction Association.
Why Companies Call Redfield
Turn the plant, the fleet and the inventory into cash. On a date you set.
A plant closing, a wind-down or a fleet reduction comes with a deadline, a lender or a board to answer to, and a building that has to be empty. Selling it off piece by piece to whoever calls leaves money on the table and drags on for months.
Redfield runs it as one project. We inventory and catalog every asset, market it to buyers across the country and overseas, sell it in a competitive auction, supervise the load-out and hand you a full accounting.
One firm. One timeline. Every asset sold to the highest bidder.
Who Runs Your Sale
Mike Fisher
President, Redfield Group Auctions
Current President of the National Auction Association
The 78th President of the NAA. The auction industry chose Mike Fisher to lead it. Companies that choose Redfield get the same person running their sale.
What We Handle
Four Situations. One Process.
Plant Closings & Wind-Downs
Full facilities sold out to the walls: production lines, support equipment, inventory and rolling stock.
Fleet Reductions
Trucks, vans, trailers and forklifts sold in volume when a company right-sizes or replaces its fleet.
Owner Retirements
Decades of equipment and inventory converted to cash in a single event, so the owner can close the door.
Lender & Court Liquidations
Collateral recovered and sold for lenders, receivers and trustees, with the documentation to match.
Vidalia Mills
A complete denim plant. 931 lots. Marketed in 12+ countries.
The former Fruit of the Loom denim facility in Vidalia, Louisiana: 870,000± square feet of spinning, weaving and finishing equipment, plus 150,000+ pounds of cotton yarn.
Redfield cataloged the full plant, built a dedicated auction website and buyer data room, and took it to textile buyers around the world. The plant equipment and inventory sold out in full by sealed bid.
Featured Campaign · LaGrange, Georgia
Badcock Home Furniture
A distribution center, cleared in two online auctions.
Redfield cleared the Badcock distribution center in LaGrange, Georgia in two online auctions: first the new furniture inventory, then the building’s entire material handling system.
981 rack uprights, 9,868 load beams, 9,748 wire decks, a fleet of Clark electric forklifts and Raymond order pickers, all sold online and loaded out through the dock doors on a fixed schedule.
Fleet Reductions
35 to 50 Trucks at a Time
When a company needs a block of trucks gone, a dealer wholesales them. An auction puts every unit in front of contractors, fleets and dealers who bid against each other, and the whole block sells on one date.
35+
Trucks · Atlanta, Georgia
Corporate Fleet Reduction
A corporate fleet sold out of Atlanta in one online auction, with every truck cataloged, photographed and sold to the highest bidder.
21
Trucks & Vans · 250+ Machines
Restoration Company Liquidation
14 Ford F-150s, an F-250 and 6 Transit vans, sold alongside 250+ air scrubbers, dehumidifiers and air movers in a single auction.
Machine Shops & Manufacturers
We Sell Machine Shops. A Lot of Them.
CNC machining centers, lathes, mills, press brakes, plasma tables, ironworkers, welders, tooling and inspection equipment. Redfield has liquidated machine shops, fabrication shops, millwright shops and manufacturers for retiring owners, estates and lenders.
Machinists and plant buyers across the country follow our sales, and the rigging and loading plan is set before the first bid, so buyers know their cost and bid with confidence.
Case Study · $500,000 in Sales
Metal Fabrication Facility
The owner decided to retire and had sold the current contracts to another operation. The manufacturing equipment needed a national and international market.
Problem
A single buyer for all the assets was hard to find and would have meant a much lower price. The seller lacked the time and knowledge to sell every piece alone.
Solution
Custom marketing and an international online bidding platform, with a live auction simulcast to bidders worldwide. Rigging and loading were set in advance so buyers knew the cost ahead of time.
Target
The assets had a national and international audience, so the campaign was built to reach both.
Results
Over 300 registered bidders, in person and online, competed for more than 500 lots. Assets shipped coast to coast and overseas, for $500,000 in sales and a very satisfied seller.
Assets We Liquidate
Industrial
Commercial
Our Process
1
Catalog
Every asset identified, organized, photographed and lotted.
2
Market
A professional campaign aimed at the buyers for that industry.
3
Sell
Online and live auction events, sold as a package, piece by piece, or both.
4
Load Out & Settle
Supervised removal, an empty building and a full accounting.
Proven Results
Business & Industrial Results
How we have helped owners, companies and lenders sell their inventory and equipment when retiring, downsizing or closing.
Need to Liquidate Business Assets?
A Turnkey Solution, Start to Finish
Tell us what you have, where it is and when the building has to be empty. We’ll come back with a plan and a timeline, at no cost or obligation.
Need a valuation first? See our appraisal services
Redfield Group Auctions | Mike Fisher, AL Lic. #1911 | 1044 Sutton Bridge Road, Rainbow City, AL 35906