In late November, AIS held a two-day auction in Henderson, NV, selling equipment surplus to the ongoing operations of TIMET, an industry leader in melt and mill products. This was AIS’ largest auction to date, regarding both number of lots and bidders.
Over the two-day auction, AIS sold nearly 800 individual lots with more than 320 bidders. The auction was held online, with buyers from across the United States and Canada. These buyers included manufacturers, equipment users, dealers, and scrap buyers.
"AIS did what we do best; we took surplus equipment that was sitting in TIMET’s facility and monetized it,” said Joel Bersh, AIS CEO.
There was a wide variety of equipment sold, including a 36,000-lb forklift, machine shop equipment, woodworking equipment, a large quantity of MRO including motors, transformers, gear reducers, pumps and a large quantity of scrap metal and material.
Due to the sizable amount of surplus equipment, AIS will be running another multi-day auction for TIMET in early 2022. This sale will include (2) Cat generators, assorted forklifts & manlifts, (10+) sea containers, (12) Alfa Laval spiral heat exchangers, a large quantity of Miller & Lincoln welders, a large quantity of pallet racking & shelving, (40+) electric carts, a large quantity of MRO including motors, transformers, gear reducers, and pumps, and a large quantity of scrap metal & material. More information to come.
Stay up to date on current and future AIS Auctions, at http://www.aaronindustrialsolutions.com.
