Global Online Auction Features Late Model Construction Machinery, Drilling Equipment and Support Assets

September 09, 2015 09:04 AM Eastern Daylight Time

CONCORD, N.C. & MONROE, N.C. & SAN DIEGO – (BUSINESS WIRE) – Heritage Global Partners (“HGP”), a worldwide leader in asset advisory and auction services and a subsidiary of Heritage Global Inc. (OTCQB:HGBL)(CSE:HGP), today announced it will manage an upcoming global online auction featuring surplus utility line construction and maintenance assets of Utilipath, LLC beginning September 26, 2015.

Utilipath, LLC is a leading provider of utility construction services for fiber, cable and electrical infrastructure installations in the Mid-Atlantic and Southeastern U.S., offering a broad range of construction solutions from aerial and underground cable placement to copper and fiber splicing.

Over 800 lots of utility line construction and maintenance machinery, equipment and support assets are available for purchase, with equipment highlights including:

  • Four 2015 Ford F-750 Super Duty Cable Placer Trucks
  • Three 2013 Chevrolet Silverado C3500 Pick-up Trucks
  • wo 2011 Ditch Witch Model RT115Q Quad Trenchers
  • Vermeer D24X40 Series II Horizontal Directional Drilling Machine
  • Vermeer D7X11 Series II Navigator Horizontal Directional Drilling Machine
  • Ford F-550 XL Super Duty Bucket Truck

A public preview of the assets will be held on September 24, 2015 at 2949 Ridge Rd, Concord, NC 28025 and 2414 Weddington Rd, Monroe, NC 28210. Contact Nick Jimenez at 203-733-7191, with any questions or to schedule an appointment for a sale preview.

Global Online Auction – Utilipath, LLC Surplus Construction, Earth Moving & Rolling Assets
September 26, 2015 (7:00 am EDT) – September 30, 2015 (10:00 am EDT)
Full auction catalog will be available soon.

“The Utilipath surplus utility line construction machinery auction features a wide variety of well-maintained, late model equipment ideal for fiber, cable and electrical infrastructure installations as well as other industrial construction operations. We have received strong interest from buyers around the world, as the assets in this auction present a unique opportunity for bidders to acquire quality construction machinery and equipment from top manufacturers at good prices,” stated Nick Jimenez, HGP Executive Vice President.

Heritage Global Partners is one of the leading worldwide asset advisory and auction services firms and a subsidiary of publicly traded Heritage Global Inc. (OTCQB:HGBL)(CSE:HGP).