Case Study
Hilco is now a preferred partner and source for asset disposition and has subsequently conducted several more sales for Dow in the U.S. and Europe.
Location:
Midland, Michigan
Date:
December 2016
Industry Assets:
Solar Panel Manufacturing & Plastic Injection Molding
- Dow closed its solar manufacturing operations
- The sales process was conduscted in an operating chemical production facility
- Dow mandated the use of dedicated and approved machinery movers & contractors
- Our initial sales strategy was to conduct a live, webcast auction at an offsite location
- Early marketing efforts generated strong interest in the high value assets, which we opted to sell through a private treaty sale
- Converted from a live to an online auction for the remaining assets & product categories, which allowed us to redirect marketing dollars
- Hilco is now a preferred partner and source for asset disposition and has subsequently conducted several more sales for Dow in the U.S. and Europe.
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