HGP Retained by Triumph Group to Manage the Sale of Surplus Manufacturing and Assembly Assets

November 30, 2016 (7:00 a.m. CST) – December 1, 2016 (12:00 p.m. CST) 

https://www.hgpauction.com/auctions/86067/triumph-aerospace-nashville/

October 18, 2016 10:04 AM Eastern Daylight Time

NASHVILLE, Tenn. & 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 has been retained by Triumph Aerostructures, LLC to manage an upcoming sale featuring a selection of surplus industrial assets used in the manufacturing and assembly of aircraft fuselages, wings, empennages, nacelles and helicopter cabins.

Sale registration and a complete sale catalog featuring photos, equipment specifications and other information is available on HGP’s website. Parties interested in inspecting the assets, preparing an offer, or bidding at auction may arrange a preview by contacting Nick Dove (information below).

“The upcoming sale of Triumph’s surplus industrial assets is a phenomenal opportunity for aircraft original equipment manufacturers (OEMs) serving the commercial, regional, business, military and cargo aviation industries to bid on well-maintained equipment used to manufacture and assemble aircraft components. The sale will begin on November 30, 2016, however, should a well-capitalized potential buyer have an immediate need for any available assets, we are accepting bidding offers prior to the anticipated auction date,” stated Nick Dove, Director of Sales at HGP.

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