Equipment from closed Conair appliance plant to be auctioned

By Roger Renstrom
Correspondent

Published: October 17, 2012 6:00 am ET

Related to this story

Topics Consumer Products, Machinery

CARTAGO, COSTA RICA (Oct. 17, 12:10 p.m. ET) — Heritage Global Partners will conduct an online auction of plastics processing and other equipment at Conair Corp.’s now-closed Cartago facility.

East Windsor, N.J.-based Conair develops, manufactures and markets health and cosmetic products, and kitchen and electronic appliances and has referred to the Costa Rica site as its “appliance manufacturing division responsible for supervising worldwide production of Conair products.”

Key assets being auctioned Nov. 14-15 include 33 injection molding machines featuring one each of Negri Bossi units of 520 and 210 tons and a 325-ton Sandretto press; a Sencorp model 220 inline form-and-trim thermoforming machine; a small-batch, fast-cycle, sputtering vacuum coating system with dual-load stations; more than 30 riveting machines; and a battery-powered Hyster forklift.

Conair established its 200,000-square-foot Babyliss Costa Rica SA operation in 1989. The company recently transferred most of the work to Asia, primarily China, and has closed the plant, said John Mayorek, a Conair executive.

The sale is being conducted in cooperation with the Heritage Global division of Asset Remarketing International S de RL de CV of Querétaro, Mexico, and the Bidspotter.com, part of South Bend, Ind.-based Bidspotter Inc. The equipment can be previewed Nov. 13 online.

Publicly traded Counsel RB Capital Inc. of Toronto acquired Heritage Global Partners of San Diego on Feb. 29 and operates Heritage as a wholly owned subsidiary.


Comments

Equipment from closed Conair appliance plant to be auctioned

By Roger Renstrom
Correspondent

Published: October 17, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

CPM Extrusion, ECON launch new line of underwater pelletizers

April 23, 2014 11:25 am ET

CPM Extrusion Group and ECON GmbH unveiled their brand new EUPC line of underwater pelletizers today at ChinaPlas held in Shanghai, China.    More

Image

Unilever puts Dove brand on a MuCell diet

April 23, 2014 1:57 pm ET

New technology employed by Unilever NV in the manufacture of bottles for its Dove Body Wash range of products could end up saving the brand owner up...    More

Image

TSM growing into a second generation of leadership

April 23, 2014 12:50 pm ET

This is a time of great growth for the Dundalk, Ireland-based TSM Control Systems, a company that has created a name for itself since 1977 by...    More

Image

Coffee roaster looks to improve footprint of single cup systems

April 22, 2014 1:30 pm ET

One of the largest coffee and tea manufacturers in North America has introduced a single-serve beverage capsule intended to curb the waste created by ...    More

Image

Inventor taps into TV exposure, crowd funding for water bottle project

April 21, 2014 3:26 pm ET

An Australian inventor has developed a reusable plastic water bottle with a filter in a bid to get more people to drink tap water instead of buying di...    More

Market Reports

Market Data Book - Rankings & Lists

A one-stop download of Plastic News' exclusive annual lists and processor rankings containing essential data including sales, employees, end markets, materials and more.
EXCLUSIVE EXCEL FEATURE: full mailing address details for available plant locations.

Learn more

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report provides analysis and discussions of economic and political conditions, market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as strategies being implemented by thermoformed packaging companies. In addition, there are reviews of 25 leading thermoformers in the packaging segment, assessing their growth initiatives and performance metrics over 10 years.

Learn more

Mold Making and Tooling Review and Outlook 2014 North America

This report provides in-depth analysis of the mold and toolmaking market for North America, including discussions of trends, opportunities, threats, the latest developments in production and labor and equipment trends impacting moldmakers.

Learn more

Upcoming Plastics News Events

May 6, 2014 - May 8, 2014Plastics in Medical Devices 2014

May 12, 2014 - May 12, 2014Plastics News Brazil Pharma Summit

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

February 3, 2015 - February 7, 2015Plastics News Executive Forum 2015

More Events