Thursday, January 26, 2012

Aaron Industrial Marketplace Helps a Closing Company Liquidate Excess Inventory on Tight Deadline

AIM Auction Platform Delivers Results on Short Notice

Chicago, IL – January 20, 2012 – When a local metal heat treating firm found itself needing to liquidate inventory in a hurry this past December, it turned to the Aaron Industrial Marketplace (AIM) for help. With just 30 days left until the company had to vacate its premises, the timeframe was tight but AIM delivered results that exceeded expectations despite the urgency. By January 6, 2012, the auction company successfully sold off the assets and coordinated a scrap and clean-up effort that left behind a broom clean building.  

The precipitating event behind the last-minute auction was that the metal heat treating company was closing its doors.  Having already sold most of its major assets, the company was staring down excess assets that were cluttering up its plant and offices. Getting rid of everything by their early January deadline appeared daunting.

The remaining items consisted of everything from older heat treating equipment, a maintenance department, testing lab, forklifts and other material handling equipment to office furniture.  Finding a single source that could liquidate everything fast seemed nearly impossible. 

That’s when the company turned to AIM. When the company mentioned that it had to leave behind a completely empty office and warehouse by early January, the Aaron Industrial Marketplace team didn’t blink an eye. They agreed to take on all that remained and then proceeded to auction off and scrap out the balance of the items in less than 30 days.

“It’s not uncommon for businesses to find themselves in a tight squeeze where they need to close out the books by liquidating equipment or completing a sales project by the end of the year,” explains AIM spokesperson, Bruce Baird. “In the midst of the busy holiday season, other liquidators might tell them to come back in January, when it would have been too late. At AIM, we pride ourselves on not letting time constraints get in the way. With only a short window to perform it, we got the job done for this company and we can do the same for other businesses who are put into a similar time crunch.”

Business owners who need to liquidate and clean up some of their unused materials quickly can learn more about what the Aaron Industrial Marketplace has to offer online at http://www.AaronIndustrialMarketplace.com. For more information on the auction platform that simplified this going-out-of-business process, contact Bruce Baird at (510) 452-7858.

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