HGP to Manage Global Online Sale of Surplus Automated Palletizing Lines for R.J. Reynolds Tobacco Co.

Sale Features Yaskawa Motoman MPL160 Robots, Alvey Conveyors and Roller Beds, Allen Bradley Ethernet Switches and more

August 29, 2016 10:31 AM Eastern Daylight Time

WINSTON-SALEM, 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 sale featuring the late model high-tech automated palletizing robots of R.J. Reynolds Tobacco Company (RJRT) beginning August 29, 2016.

Global Online Sale: R.J. Reynolds Tobacco Company
Four Complete Motoman Robotic Palletizing Lines
Beginning August 29th, 2016

RAI

The equipment will be sold exclusively online in either complete lines or by piecemeal, part by part, to the highest bidder (subject to seller approval).

Sale registration and a complete sale catalog featuring photos, lot descriptions, equipment specifications, sealed bid forms and other information is available on HGP’s website. Interested buyers may also schedule an appointment to preview the assets prior to the sale end date. For questions or preview information please contact Brandon Smith or Craig Thompson of HGP.

“This sale features four complete lines of well-maintained automated palletizing robots, carefully decommissioned and available for immediate sale. The assets are ready for shipment and the company that deactivated the lines can be made available to the buyers for reinstallation. This sale presents an exciting opportunity for end users who are seeking quality, completes lines of late model assets ideal for a standard palletizing and packaging process,” stated Brandon Smith, Director of Sales at HGP.

Heritage Global Partners is one of the leading worldwide asset advisory and auction services firms.

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