SOLON, Ohio (January 25, 2006) – StopolAuctions, L.L.C. -- the leader in hosting and managing plastics industry auctions -- will host and web cast an auction March 1 to sell plastics manufacturing equipment from discontinuing operations at Atek Thermoforming, Inc.’s Belleville, Mich., plant.
StopolAuctions will conduct a live auction beginning at 10:05 a.m. (EST) March 1 at Atek’s 44,700-sq.-ft. Belleville facility and web cast the event on www.stopolauctions.com so that bidders from all over the world can participate in the event using their PCs. StopolAuctions will hold a preview at the plant February 28. Interested bidders also may contact StopolAuctions to arrange for a private inspection. A limited selection of Atek equipment will be available for sale before the live auction through www.stopolauctions.com’s 24/7 Reserve auction portal.
The Atek auction will feature eight thermoformers from some of the top brands in plastics equipment manufacturing, including Comet, Brown, Modern and Shuman. The event also will feature an array of toolroom and office equipment and accessories. For a comprehensive listing of all available items, directions to the auction or more information on auction rules and terms of sale, please visit the auction index on www.stopol.com.
Privately held Atek, which employed over 300 people at one time, manufactured automotive exterior and interior parts such as trim, dash components, arm rest consoles and floor mats.
About Stopol, Inc.
Headquartered in Solon, Ohio, privately held Stopol is the leader in arranging the acquisition and sale of manufacturing equipment, parts, businesses, divisions, product lines and manufacturing licenses in the plastics industry. With its vast inventory and technical expertise, Stopol not only helps plastics manufacturers stay on stream but allows them to quickly add capacity and capabilities. Well known for its live auctions, Stopol further enhanced its reputation as an industry innovator in 2004 when it launched www.stopolauctions.com, an interactive, online marketplace that allows members to buy and sell new and used plastics equipment and other assets. Regarded as a vital industry resource, Stopol uses its unparalleled market insight and extensive network of contacts to connect buyers and sellers, and provide appraisal and liquidation services. Stopol also offers merger and acquisition consulting expertise through its Business Services division.
Contact: Neil Kruschke Jr.
Stopol CEO
Phone: 440.498.4000
Fax: 440.498.4001
www.stopol.com
E-mail: neilk@stopol.com
Contact: Bryan Kokish
Marketing Director, Stopol Inc.
Phone: 440.498.4000
Fax: 440.498.4001
www.stopol.com
E-mail: bryank@stopol.com