Tiger Group, New York City, is now accepting bids for the April 15 online auction of assets from Holbrook-based embroidery and garment-printing company Gate NY.
Highlights of the auction include screen-printing machines, flash cures, dryers, folders and accessories by brands such as MHM, M&R, Dane, Hix, Interchange, OYO and NEDCO; direct-to-garment (DTG) equipment by Brother; and embroidery machines and accessories by manufacturers such as Barudan and Hashima.
“Embroidery and garment-printing companies are gearing up for a rebirth of live events this spring and summer as the national vaccination campaign progresses,” says John Coelho, a senior director with Tiger Commercial & Industrial. “But brand-new equipment is taking months to ship due to disruptions in the supply chain. As a result, this online auction is particularly relevant to the needs of growth-oriented companies in this sector.”
In addition to equipment such as heat-transfer presses from Stahls and Brother and a Roland printer/cutter, Tiger is auctioning warehouse and office assets from Gate NY’s facility. These include heat sealers, conveyors, forklifts, air compressors, pallet jacks, dollies and carts, as well as computers and office, reception and breakroom furniture.
“This is high-quality and, in many cases, late-model equipment that could give a competitive edge to embroidery and garment-printing companies as they position themselves for the future,” Coelho says.
Online bidding will close on April 15, at 10:30 a.m. (ET). All bidders are required to register prior to the sale at SoldTiger.com.
For more information, click here. — D.S.
