Royal Seating (Cameron TX) assets were acquired by Biditup and its affiliates. The facility consisted of over 300,000 sq. ft. of buildings and several million dollars of plastic injection molding, wood working and metal fabrication equipment. Biditup and its affiliates negotiated with a world renowned school seating manufacture to acquire the majority of assets and enter into a long term lease for the facilities. Biditup then auction the balance of assets no longer required by the new owners. Once again, Biditup revitalized American industry in putting workers back to work.
Royal Seating (Cameron TX)
Mace Steel Supply was a landmark California Steel Service Center. It occupied a 70,000 s. ft. facility in City Of Commerce CA. It had multiple slitting lines and cut to length lines as new as year 2000. The equipment was properly marketed by Biditup and sold at auction with over 100 companies attending and participating at the auction and on the webcast. Mace sold Biditup the assets directly after a lengthy sales process. Biditup never wavered in their commitment and fulfilled each of their obligations without pause. Thank you Biditup team and we wish you the best of luck in the future.
Former Commercial Plastic Composites, Inc. located in Georgia “SOLD IN ITS ENTIRETY AS GOING CONCERN”. Biditup acquired the assets of Commercial Plastics Composites from the Chapter 7 Bankruptcy Trustee, Theo Mann. Biditup swiftly identified a potential end user and negotiated a sale of the assets in its entirety and coordinated a long term lease of the building for the new operator. A true win win for all. Putting people back to work provided a real satisfaction.
Commercial Plastics Composites
Liberty Denim was one of the few remaining denim manufactures in the United States located in South Carolina. Biditup Auctions Worldwide with its associates acquired all of the machinery and equipment including its 150,000 sq foot manufacturing facility from the United States Bankruptcy Trustee. Biditup successfully liquidated the assets to companies throughout the world and resold the real-estate to a local investor. The project went very smooth and took about 4 months in total.
Pinnacle Ingredients and Flavors was a manufacturer of premade pasta company located in Southern California and Canada. It went into Bankruptcy and Biditup Auctions Worldwide was engaged to sell the assets on behalf of the Canadian Provisional Trustee. Biditup inventoried the assets and created a very descriptive brochure and implemented and executed a marketing plan to sell the assets. On the day of the auction over 100 buyers were on the factory floor and on the internet. The sale was conducted very professionally. I would be most happy to recommend Biditup Auctions Worldwide.
Pinnacle Ingredients and Flavors, Inc.
Miller Drilling was a highly specialized deep hole mobile drilling contractor located in Tenessee. The assets were acquired from the United States Bankruptcy Court Trustee by Biditup Auctions Worldwide and its associates. BIU and its associates then conducted a very successful auction sale of the drilling rigs and rolling stock. Biditup specializes in acquiring assets and inventory of defunct companies.
Henry Wurst was a local printer in the Carolinas. We engaged Biditup because of their vast printing equipment experience to conduct our sale. It was a small sale comparatively, but we were treated like a big time company. Thanks to all of the Biditup staff.
DCI Cheese Company, a division of Saputo, Inc. was a high volume cheese manufacturer in Northern California. Biditup Auctions Worldwide acquired our assets and conducted an onsite auction sale. They did a great job in coordinating the sale and removal of the equipment. Their staff was easy to work with and very pleasant throughout. We would be pleased to use them again.
Blount Fine Foods is a large food processing company. We engaged Biditup Auctions Worldwide to liquidate assets from our northern and southern facilities in 2012. Biditup Auctions Worldwide was very easy to work with and their team was excellent in providing accurate values and removal of the assets. We would not hesitate to recommend Biditup Auctions Worldwide for any food processing opportunities.
AFA Foods was a specialty meat packaging facility located in the northeastern US. Biditup Auctions Worldwide with its associates acquired the assets from the United States Bankruptcy Court Trustee and conducted a subsequent auction sale of the assets. The sale was attended by over 250 internet and onsite bidders. Biditup and its associates conducted most all major meat related auction sales in 2012.
AMD Industries in Illinois had surplus equipment to make way for new equipment. Biditup Auctions Worldwide acquired our excess and conducted a very successful online auction and removed the equipment as agreed. We had a very good experience and would recommend Biditup in the future.
World Marketing consolidated it's Los Angeles printing branch and required the services of an auction company. We chose Biditup Auction Worldwide because of its printing expertise and quick decisive plan to help up exit our facility on time. They conducted an online auction with over 200 items in lightning fast speed as we had to be out of the building in a matter of weeks. They did a great job for us and we would recommend them for any auction sale. Thanks for getting us out on time Biditup.
DP Forest Products of Boise and Mountain Home, Idaho was a manufacturing of log homes and wood pellets. Biditup Auctions Worldwide acquired the note from Bank of America which included the accounts receivable, inventory, real-estate at 3 different locations and manufacturing equipment. BIU was successful in remarketing and selling the locations and business intact to two different end users. This transaction was considered highly complicated as BIU had to foreclose upon the note, collect the receivables, market and resell the real-estate, inventory, and equipment. Biditup prides itself in acquiring defaulted notes and having the team in place to perform and complete complicated transactions.
MVP was a large southern Califormia Recreational Vehicle manufacturer with over 300,000 square feet of buildings and millions of dollars of equipment and inventory. BIU in conjunction with the Credit Management Association of California conducted an onsite webcast auction saloe of over 1500 lots. The sale had specialized equipment for the manufacturing of RVs, conventional machinery and equipment, and thousands of RV parts and accessories. The sale was conducted theatre style in a one day auction with over 200 bidders present at the site and on the web. BIU did a great job in managing the project and removal of the assets. We would be happy to recommend Biditup Auctions Worldwide.
Mini Mix located in El Paso, Texas was sold to BIU by the US Bankruptcy Court Case number 11-30993 HCM. The assets were cement mixing plants and rolling stock. There were two locations and BIU marshaled the assets, cleaned up the equipment and conducted a very successful onsite and webcast auction sale.
Mini Mix of El Paso, Inc.
The former Unicell Paper Mill assets located in Brownstown, Indiana had been sitting idled for a very long time. The location was very remote and a decision was made to liquidate all of the machinery and equipment including the buildings on the land. Biditup Auctions Worldwide was chosen for the project because of their paper mill and demolition expertise. They very quickly conducted a very successful onsite auction and sold equipment to other paper mills throughout the world. In addition, they were able to competitively auction the buildings to demolition companies and had them removed in weeks. We would not hesitate to recommend Biditup's Auction services.
Biditup was commissioned to sell the former assets of Hurricane Shutters in Florida which manufactured gutters and roof panels. We acquired the real estate and needed to vacate the buildings to acquire new tenants. Biditup Auctions appraised the assets and hit the target estimate at the auction. The auction was filled with buyers and conducted in a very professional manner and the equipment was removed without incident. We strongly recommend Biditup Auctions Worldwide for any auction.
Biditup was the successful bidder in the United States Bankruptcy Court in Northern California amongst several competitors for the acquisition of the assets formerly of M.H. Clement Corp. The assets included fabrication, cnc machine tools and rolling stock. Biditup conducted a very successful 700 lot auction sale which was attended by more than 200 people from all over the country and was broadcasted live over the web with an additional 100 web bidders. Biditup conducts over 100 sales annually and specializes in all types of machinery and equipment.
Spacemaker's 50,000 square foot Canadian facility was shut down and needed to be liquidated. It consisted of roll forming equipment and presses. The building was sold and we needed to get the most we could for the equipment and ensure the removal on time for closing. Biditup provided complete service and removal of the equipment on time so that we closed our building sale without any delays. Thanks Biditup for all of your help.
Kno Mar was shut down for a very long time until we got approval to sell the assets. There was no power in the building and the assets had not ben utilized for quite some time. Biditup Auctions Worldwide came to the facility, cleaned up the assets and conducted a very successful auction sale onsite and on the web. The building was left in good condition and Brian Holland was a pleasure to work with as was the entire BIU team. I would not hesitate in recommending Biditup services.
Thunder Machine decided after 40 years to close its shop. We did extensive interviewing as to who we felt most comfortable with to auction our equipment. Biditup was the right choice. You guys provided us a guarantee and did a fine job bringing people and dollars to our auction. Thanks Biditup!
Crest Steel had a Peddinghaus beam line which we needed to sell to make way for our expansion. Biditup did an operating video and conducted an online auction which turned out great. The machine sold for more than we thought and it was removed as agreed which allowed us to complete our expansion.
The BIU staff was easy to work with and they did exactly what they said they would. Thanks and good luck in the future.
I wanted to pass along my sincere appreciation for your support and participation in the recent project we completed with your company.
As you know, we went through a structural transition in our business that allowed us to close our facility in Skokie, IL. This was a challenging project for us and effectively dispositioning the excess machine capacity was critical to the overall success. After much research, we determined that your organization was the most professional, provided the best value, and was best equipped to handle this part of the project.
The execution of the project was a great success. Your team did a fantastic job in preparing the lots for sale and the marketing effort brought in a significant number of potential buyers. Your team clearly understood the process thoroughly, was very patient in working with us and, without a doubt, your offer was extremely competitive. Your team was flexible with our changing timeline and operated with machine-like precision. I sincerely appreciate the efficiency with which you dealt with our transaction.
You met each and every commitment, were timely with all obligations, and were professional in every respect of the word. I greatly appreciate your support and guidance and thank you for handling this project for us.
Maglev located in Pa was a robotic welding and fab shop. The main center piece of the facility was a multi axis CNC Beam Welder which cost new $1.700.000. The technology was fairly new to the market and to the best of our knowledge had never been offered before at a public auction. The technology provided for welding gigantic structures to reduce stress on the radius of super structure parts. The sale achieved greater than expected goals. The auction team did a great job in the setup, auction and removal.
Royal Outdoor was a PVC Profile Extrusion manufacture located in the Midwest. The facility had over 20 PVC profile extrusion lines, ancillary equipment and machine shop. The sale was conducted in a single day and attended by over 100 people from the United States and overseas. They were multiple international web bidders which provided for a spirited auction. The joint venture sales group did an outstanding job from start to finish. Royal Outdoor was a PVC Profile Extrusion manufacture located in the Midwest. The facility had over 20 PVC profile extrusion lines, ancillary equipment and machine shop. The sale was conducted in a single day and attended by over 100 people from the United States and overseas. They were multiple international web bidders which provided for a spirited auction. The joint venture sales group did an outstanding job from start to finish.
Paramount Scaffolding was a bankruptcy in the Central District of California and was comprised of several different locations and scaffolding assets throughout the Western United States. Biditup was chosen as part of a liquidation consortium to liquidate the assets. It was a very complex transaction as to the locations receivables, land leases and marshaling of assets. The consortium was successful in swiftly selling the assets in its entirety and we wish the new owners the best of success in the future.
BIU in Conjunction with Tundra Process Solutions Ltd., Calgary Canada acquired the foreclosed assets from Comerica Bank. Tundra acquired the intellectual property and certain other assets to continue ongoing operations and BIU acquired the balance. All parties achieved their goals in completing the transaction to the best of everyone's satisfaction. BIU staff was terrific to work with and all aspects of the transaction were dealt with fairly and amicably. Best of luck to all in the future.
I would like to thank the Biditup organization for the great job they did in selling the remaining manufacturing equipment from our 400,000 sq. ft. facility in Los Angeles, CA. Biditup was contacted along with several other auction companies and ultimately provided us with the best cash up front guarantee prior to the auction for our equipment. Biditup had worldwide reach and sold all of the assets to a foreign company whose intention was to redeploy the assets for use in North America. Biditup far exceeded our expectations and was a pleasure to work with. The transaction was completed just as they said it would be and I would without hesitation recommend them for any liquidation project.
Fremont Machine had over 100 surplus CNC and conventional machines from it's wafer facility to liquidate. The machines were moved to our storage facility and were disconnected. BIU arranged an online auction, cleaned and prepared all the machines, had an open house inspection and coordinated the removal of all the machines with Dunkel Rigging Company which greatly reduced Fremont's involvement and the prices they achieved were far greater than anticipated. Thank You BIU team! Best of luck in your future auctions!
Calisolar's Sunnyvale, CA solar cell manufacturing facility had excess equipment to dispose of in order to concentrate more on it's silicon production business. BIU in conjunction with HGP conducted a very successful on line auction which far exceeded our expectations. Their knowledge of the assets and worldwide buyers were quite impressive.
AB Tube contacted several industrial auctioneers to liquidate it's Las Vegas facility. Biditup had the in depth knowledge of the presses and tube equipment which was evident during their first walk through. They came back to AB Tube with a very aggressive offer which included removal of all assets including the wiring and complete plant clean up. They conducted a live webcast auction sale which presented buyers from all over the world. The results were better than expected and the equipment was removed just as we agreed. The Biditup staff was an absolute pleasure to work with. George did a great job setting up the plant and Amy was able to communicate with me every step of the way. Thanks for the great job and best of luck in the future!
Parker Kaylon had about 500 surplus items to sell. Biditup was chosen as the best bidder amongst several bidders because of their understanding of the fastener industry asset base, and of course their very aggressive cash offer bid. They conducted the auction sale off site as not to disturb ongoing operations. The equipment was then removed as agreed and without and glitches. The Biditup staff was very professional from start to finish. Best of luck to Biditup!
I would like to extend my thanks to Biditup for the recent successful online auction they conducted on behalf of Chief Buildings. There were 3 locations and most all of the equipment was deinstalled and some offered with a late delivery until our new equipment was to be delivered. Biditup sold all the items and all the locations for top dollar. The Biditup staff was easy to work with and I would highly recommend them for any auction project.
I wanted to take a moment to thank you for the prompt and professional service Biditup provided. The contract negotiations were respectful and the responses from the company were prompt. I also want to commend the company for delivering and following through with all the verbal and written agreements through the process. I enjoyed working with your employees and it was a pleasure working with Biditup in our collection efforts. I would gladly reccommend the services Biditup provides to other banks and companies that need to liquidate assets.
On Behalf of BSC Steel, Inc., we would like to thank you and the entire Biditup team for their tremendous work on bringing together the BSC Steel Auction.
Biditup was very knowledgeable and instrumental in implementing the logistics involved with coordinating and organizing the many items that we had in our inventory. Your team's expertise surpassed our expectations and their professionalism was a breath of fresh air. They had to overcome challenges by utilizing innovative solutions in order to keep the schedule tight, which they did.
These attributes demonstrate a well managed team at all levels and for that, we would reccomend Biditup to anyone seeking an auction company for their auction needs.
Good Luck in the future! It was a pleasure working with Biditup!
BSC Steel, Inc.
I wanted to pass along my sincere appreciation for your support and participation in the recent project we completed with your company.
As you know, we went through a structural transition and had to close our Frankfort, IN production facility. This was a new process to us and we spent significant time working with your company as well as many others to determine who we felt the most comfortable with and who could provide the best value for our business. After much research, we determined that your organization was the most professional, provided the best value, and was best equipped to handle our project.
As always, the initial agreement to do business is just the start. The next challenge comes in you actually doing what you said you would do. I would like to first say, you did that and more. The day after the agreement was signed, your team was in our facility handling the asset "lotting". Your team was very flexible in working around the many activities we had going on in the plant. They were efficient and diligent with their efforts and completed the entire process within 1 week. Within 3 more weeks, the auction was taking place. We were initially concerned about having numerous "strangers" in our plant during the auction process. However, it was well-organized and left no risk open to us. Within 3 weeks of the auction being completed, absolutely everything was removed from our plant and you left the plant clean and organized.
Your team clearly understood the process thoroughly, was very patient in working with us and, without a doubt, your offer was extremely competitive. Your team was flexible with our changing timeline and operated with machine-like precision. I sincerely appreciate the efficiency with which you dealt with our transaction. You met each and every commitment, were timely with all obligations, and were professional in every respect of the word. I greatly appreciate your support and guidance and thank you for handling this project for us.
Vice President, Operations
NIDEC Motor Corporation
Steve & Rick, You and your crew did an outstanding job and we are more than pleased with the outcome. There was not a whole lot to work with and the location also makes it harder than most to get people in there and make things happen. The big picture is what counts and that the final goal is achieved. Thanks to you and your crew, it was a good Friday for us. Thanks again.
Biditup conducted 5 online auction sales of surplus equipment for us located in Texas, California, Florida & Colorado. The surplus was a result of multiple plant closures. BIU made what seemed to be very complicated, very easy and seamless for us. The returns were very good and the process very easy. Thanks to the entire BIU nationwide staff!
Columbia Iron and Wire was located at the shipyard in Portland, Oregon. BIU was chosen because they took the uncertainty out of the auction for me. They provided us with an upfront cash guarantee and the end result far exceeded our expectations. The project was logistically complicated as it was located in a multi-tenant shipyard but Biditup had no problems dealing with the adversities. They did what they said they would do and more. Biditup was a great company to work with and we would not hesitate in recommending them in the future.
Columbia Wire and Iron Works
O’Conner Tank was a manufacturer of large diameter tanks located in Toronto Canada. The deal was awarded to MG martin in conjunction with Biditup Auctions Worldwide, Inc because of their vast reach throughout North America. The facilities were in excess of 60,000 sq feet and all the items were sold and removed from the sale promptly. The MG Martin and BIU team did a great job! Best of successes in the future.
Biditup in Conjunction with Koster Industries Inc. conducted an onsite worldwide web cast auction for the assets formerly of Angstrom Graphics Inc. in Hollywood Florida. The sale consisted of world class late model Komori Web Presses and Bindery Equipment. One of the Komori Web Lines was sold to China. The balance of the sales included buyers from all of North America, Europe and Asia. The sale was prepared ad conducted flawlessly, the equipment was available to buyers for under power run offs and color checks prior to the auction. The removal went as planned. The Joint venture group of BIDITUP and Koster Industries is highly recommended.
Windsor Machine & Stamping 2009 LTD "World Renowned Manufacturer of Automotive Muffler Hangers, Seat Rods and other Long Headed Rods and Bent Wire Forms" needed to consolidate its facilities in Windsor Ontario Canada. The Biditup team coordinated both Canadian sites and conducted a very successful Webcast theatre style auction sale. There were buyers from all over the world to bid on the over 400 items. BIU provided logistical rigging, trucking and export services to assist in worldwide transportation of the assets. They fulfilled their financial obligations as promised and we were very pleased with the outcome.
Windsor Machine & Stamping 2009 LTD
Northstar Aerospace Chicago Inc. was transitioning some of its production and competitively solicited bids for its surplus and redundant equipment. In conjunction with Heritage Global Partners and Cincinnati Industrial Auctioneers, an online sale was conducted and all items were sold from multiple locations in a very short time frame. The equipment was removed as agreed. The partnership provided greater exposure to the assets and on time skilled performance from a finely tuned team. Good Job Group!
Northstar Aerospace Chicago Inc.
We are pleased with the outcome of the online sale with BIDITUP Auctions Worldwide. We had a surplus of analytical chemistry equipment and several liquidators contacted us but we chose BIDITUP because they provided the highest guarantees on return. Our auction was successful and their marketing attracted buyers from all over the world. They honored our agreement, from payment of proceeds, report of sale and documentation to the removal of the assets. And they communicated with us every step of the way. We would not hesitate to work with the BIDITUP group and appreciate their expert knowledge and assistance.
R.J. Reynolds Tobacco Company
BIDITUP in conjunction with the Harry Davis Company acquired the former assets of Coty, US LLC. Coty was a manufacturer of personal care products in Rocky Point, North Carolina. The Davis & BIDITUP team did a terrific job in following through with the a multi-million dollar cash payment to Coty and the removal of the assets. The auction was live with on site with Internet bidding. The building was full of buyers on the day of the sale and the auctioneers conducted the sale very professionally and the crowd was very engaged and bid with enthusiasm. The removal process went very smooth for such complexity. A job well done!
Charcole Capital Corporation
We worked with BIDITUP to acquire late model Haas equipment, accessories and tooling for online auction sale. They completed the auction and did everything they said they would including removing all assets out of the building in less than 30 days. We would gladly recommend BIDITUP in the future.
Island Machine Inc., New York
BIDITUP acquired certain off lease repossessed assets from storage in Newark, California. BIDITUP moved those assets to its warehouse in Huntington Park, CA and conducted an auction sale. The sale was very well attended from buyers throughout North America and the auction was very well organized.
BIDITUP competed amongst several international competitors and was ultimately chosen to conduct the receivership auction sale of Satisfied Brake based on their guarantee and experience in the market place. The sale consisted of about 800 lots of automotive brake making machines and tooling. BIDITUP brought buyers from all over the world. The set-up of the auction was extremely professional and the conduct of the auction was very exciting, created enthusiasm and very good results for the estate. BIDITUP is a great company to work with.
Regarding the Auction - Satisfied Brake Products
BIDITUP works miracles! We had a very difficult landlord charging us $35,000 per month. BIDITUP said it could complete the job in 30 days without sacrificing value. They did the job in record time and the proceeds far exceeded our expectations. The equipment was removed and the keys handed over to the landlord on the 30th day as promised. We highly recommend BIDITUP and would not hesitate to use them on any projects in the future.
New Earth Recycling
Regarding the Auction - Formerly of Scott Brass Inc.
BIDITUP acquired all the assets of Scott brass including 2 buildings totaling over 200,000 square feet and all of the rolling mill and casting equipment. It was a very complex project including the foreclosure of the secured party’s notes. BIDITUP's team was a pleasure to work with and was extremely well versed in the legal aspects of the transaction and completed the sales of the real properties and equipment flawlessly. For large complicated transaction, BIU is top on our list.
Secured Creditors Committee
We consigned some used equipment to BIDITUP to sell at their auction warehouse in Huntington Park , California , they exceeded our expectations, paid timely and would use them again without hesitation.
Biltmore Metal Fabrication
I would like to commend BIDITUP Auctions for their exceptional industrial auction and real estate services. Our company, Advance Pierre Foods, negotiated with several auction companies to sell our machinery and real estate and ultimately chose BIU. They fulfilled our agreement beyond our expectations and were timely and attentive to all of our needs in dealing with a very complex transaction. We appreciate their expertise and would highly recommend their services to anyone in need.
In 2008, our company had the difficult task of closing down a glass manufacturing plant in Fullerton, CA. Some equipment was transferred to our other manufacturing locations, but surplus equipment was destined for the scrap pile. After contacting BIDITUP in Studio City, CA, the representative explained their on-line auctioning services and requested an equipment list. Later, he met me at the site to inspect the equipment. I was pleased that he found a couple other pieces of value that we had ignored.
We signed a simple consignment agreement and BIDITUP started to work. After the bidding process ended, the new buyers of the surplus equipment came by the site to pick up the items. About 50 days after signing the agreement, we were pleased to obtain a complete report and return. Overall, this was an easy process. BIDITUP upheld everything they promised and the results were fantastic.
Project Director - Engineering Department
Guardian Industries Corporation
My perspective, is that your group - from our initial meetings with Glen, through the onsite work by Joe, to our discussions with you - is outstanding. I wish all the people I worked with had the same level of timeliness and competency.
Your experience and knowledge made the decision to liquidate much easier.
I appreciated your input from the start and you will be the first I contact if the need ever presents itself in the future.
Thanks again for your help
California JIG GRINDING
There are so many people who call themselves professionals, even though most of them are not qualified as professionals. When my brother-in-law passed away suddenly, I was thrown into the business of heavy machinery that I am not familiar with at all. When BIDITUP was introduced to me through a friend, I was very skeptical about everything, including auctioning off what my brother-in-law had built up during the past fifteen years of his life. BidItUp made the asset purchase offer. I think it was very fair, and I took it on behalf of my brother-in-law’s family because I did not want them to go through the auctioning off ordeal.
As I watched BIDITUP prepare the whole auctioning process, I knew that I was in good hands, and I saw how they were truly professional the auctioneers were, as well as the office staff. BIDITUP took care of my family when we really needed the most help. Furthermore, they assured and provided financial stability to my family. I strongly recommend BIDITUP to anyone who needs to auction off heavy equipment because their knowledge is second to none, and they are true professionals.
Gemini Mechanical Services
BIU produced results that were favorable to the creditors and the payout exceeded expectations. That’s what it’s all about.
I have known the individuals at BIDITUP for over 15 years. I have both represented them in transactions as well as used them to acquire assets of my clients both in and out of bankruptcy. I find that the personnel at BIDITUP are both knowledgeable about the values that can be obtained for equipment and real estate. They are currently either the top bidder for the equipment or have forced the final bidder to go higher.
They are professional in the way they conduct sales. The sales are well advertised and have the most current technology to produce the highest return. They are very good at bringing the property back into the broom clean shape with out any damage caused by their being on site.
I would and have recommended them on numerous occasions to be the auctioneer of choice in various transactions. If you have any questions, please feel free to contact me.
Thanks to you and your team of professionals, we have managed a successful wind-down and liquidation of our precision tooling business. Prior to meeting you, we had good reason to believe that the value of our equipment was greater than the ongoing business. However, you created and executed a plan that exceeded our expectations for financial recovery, and we thank you.
We were particularly grateful that your approach enabled our ownership team to remain in control of our business as we converted work-in-process to finished good prior to the sale of our equipment. This was an important element in our overall financial recovery.
BIDITUP's team did a great job preparing our shop for the sale, and the organization on sale day was truly remarkable. The advance marketing of our sale resulted in a large and diverse group of prospective buyers on auction day. Your experience in handling the auction process brought home a winner for all of us.
In summary, we are very pleased that we partnered up with BIDITUP and would not hesitate to recommend your services. Please thank all of your associates for a job well done.
President - EMP
HTool & Manufacturing Company, LLC
BIDITUP has always preformed in a very professional manner and has been extremely responsive to our needs when I was with APW and again since I've been here with Honda R&D. Having worked with several equipment brokers I can honestly say BIDITUP is the first I call when I need a quick response time for any equipment and asset sale I come across.
Sr. Facilities Project Coordinator
Honda R&D Americas
Everyone from your organization was extremely professional, responsive, and helpful with the process from start to finish.
I routinely sell equipment at my place of business and have had a couple auctions over the many years. The auction conducted by BIDITUP was the most profitable and required the least amount of time investment by my employees to prepare. Throughout the entire process, the BIDITUP staff was more professional, courteous, and well-organized. The auction progressed in an orderly efficient manner with absolutely no negative matters arising out of the auction. Payment was prompt, and the BIDITUP staff stayed on site for many days afterward to oversee the removal of the machinery and equipment. I am also pleased to state that no negative issues developed during the removal process either. I would and will use BBIDITUP in the future when selling/auctioning excess machinery and equipment.
Director of Facilities and Community Affairs
I am pleased to provide this letter of recommendation for BIDITUP based upon the excellent experience that Great Dane has enjoyed with you and your company over the past seven years. BIDITUP performed two auctions of machinery and equipment at Great Dane's plants during this time frame, one very large and another more modest. We were happy with sales proceeds that we received in both instances, the flexible deal terms that you quoted, and the professionalism of your staff in preparing for and carrying out the auction, and the handling of the subsequent equipment pickup logistics. You have also been very helpful to us in brainstorming excess asset valuations and disposal strategies, even in those cases when we choose a different disposal path. When Great Dane has an asset disposition issue, you are the first party that we contact, and we are presently in discussions with you re our third machinery and equipment auction. Repeat business with your customers is the ultimate proof of an excellent vendor.
Vice President Business Development
Great Dane Trailers
With respect to asset disposition and loss recovery, it is very rare these days to engage a service provider such as BIDITUP that seems to consistently meet our extraordinarily high standards with respect to initiating, monitoring and completing a public sale or other form of asset disposition. BIDITUP, Steve Mattes, and his team, not only consistently meet our expectations, they often exceed them. I have found their services to be dependable, friendly and totally transparent. Moreover, their often aggressive and competitive approach to the auction process itself has resulted in a number of spirited events and increased recoveries. Finally, BIDITUP's attention to detail, particularly in the proper and orderly exit of a third party facility upon completion of an event, as well as their willingness to address my client’s needs are extremely important to the conduct of my business and essential to maintaining continuing relationships with my constituents and referral sources who rely on me to manage their overall liquidation process.
Rally Capital Service, LLC
Our corporation has been doing business with BIDITUP/Industrial Assets for over 20 years. They are very professional in the way they handle an auction from the first estimate, day of the auction to final settlement. Our group has done six auctions with this company with no regrets.
Vice President of Equipment
The BIDITUP auction was a great success based on the phone calls that we shared. We shared figures which delighted both them and me. It was much more than either of us ever imagined.
Bernard Limbertos was an important element to the successes of the physical set-up. During the Buyer's pick-up days, he was extremely organized in the auction preparation and set-up; he remained focused and self-managed; he gained all of our trust and acceptance within the first day. Then, yet again he was relaxed and easy going during the buyer’s pick-up. We experienced no negative feedback or dissatisfied customers during his time in our Plant. Carlisle was fortunate that Bernard was assigned to our auction. We've personally thanked him and expressed our appreciation. However, please share our expressions with your peers and owners, in our behalf.
All of the auctioned items were removed from the Vancouver Plant on or before Tuesday, July 27th. However, it is my understanding that the buyers were invoiced and were required to pay or guarantee payment before pick up, and to the best of my knowledge only 12 lots of the 310 lots did not sell. This is another point of success; we had very little to scrap.
It has been my pleasure meeting and working with you; it has also been an interesting experience, and I must say that I am glad it is your profession and not mine.
Vancouver Site Manager
Carlisle Interconnect Technologies