Assets from the shuttered Proper Tooling LLC are set to be sold in auction later this month.
Machinery Network Auctions, Hilco Commercial Industrial LLC and PPL Group LLC acquired assets from Proper and will sell them May 23 and 24.
Warren, Mich.-based Proper cited liquidity issues when it announced in late 2022 that it would close its headquarters plant.
Machinery Network Auction will conduct the sale, featuring injection molding equipment and a "huge" assortment of manufacturing equipment, a May 8 news release said.
Assets include late-model KraussMaffei injection presses up to 2,585 tons and a variety of computer numerically controlled machining centers.
"Proper Tooling was known for its longstanding commitment to investing in superior equipment and innovative technologies and was a renowned tooling manufacturer for the automotive industry for nearly 50 years," the release said.
The first day of the auction will take place online and at the Proper Tooling plant located at 13870 E. Eleven Mile Road, Warren, Mich.
Remaining equipment will be sold in an online-only auction on May 24 at 10 a.m. EST. Equipment inspection will be available on site May 22 and in advance by appointment.
Proper Group has been selling assets since late 2022. The company sold its auto lighting operation in Pulaski, Tenn., to Luxit Group and its Anderson, S.C., molding plant to Techniplas US LLC.