Latest Case Studies
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3-Day Auction Event of Assets from Arcimoto – Manufacturer of Electric Utility Vehicles
Arcimoto manufactures and sells tandem two-seat, three-wheeled electric vehicles. Due to lower-than-projected sales and monetary issues, the company was seeking to generate liquidity, address outstanding financial obligations, streamline operations, and fund a radically different business model going forward. Integra Asset Solutions, along with its partners, purchased the assets and subsequently conducted a complete sales … -
3-Day Auction Event of Assets from Hyzon – Manufacturer of Hydrogen Fuel Cell Electric Vehicles
Hyzon Motors engaged Integra to manage the expedited liquidation of all assets at its Bolingbrook, IL and Troy, MI facilities. Integra rapidly mobilized onsite crews to set up operations at both locations, efficiently marshaling, merchandising, and cataloging over 3,000 items, including finished products and raw goods. Despite the complexity of marketing primarily Chinese-manufactured fuel cell equipment, Integra launched … -
Streamlining Multi-Location Liquidation of Concrete and Heavy Construction Assets
The project involved a combined sale of assets from various concrete supplier companies located in Southern California and Texas, with one of the companies closing its El Paso location due to bankruptcy. Our team was tasked with collaborating with the Chapter 7 Trustee to facilitate the sale of assets for a fee. The scope of the liquidation encompassed volumetric concrete trucks and heavy construction equipment, including … -
A Multi-Million Dollar, 2-Day Auction Event of Assets from Wockhardt, a Global Pharmaceutical and Biotechnology Company
Wockhardt is a global pharmaceutical and biotechnology company headquartered in Mumbai, India. They have several R&D and manufacturing facilities worldwide, including a 123,000 sq. ft facility in Morton Grove, IL, where they ceased operations. Assessment An initial valuation of this facility containing late model liquid processing and packaging equipment, as well as hundreds of pieces of lab and support equipment was… -
Asset Liquidation of Virgin Orbit’s Payload Processing Facility
Virgin Orbit, a prominent aerospace company, faced financial turmoil after a mission failure in January, leading to the cessation of operations and the eventual filing for Chapter 11 bankruptcy in April 2023. In response to the bankruptcy, Virgin Orbit sought an asset disposition solution that involved an outright purchase of the assets, including the machinery and equipment used in the manufacturing of rocket delivery sys… -
Navigating Logistical Complexities: A Successful Facility Liquidation of GT Technologies
In the face of a challenging project, our team embarked on a complex facility liquidation for a GT Technologies, a global company that was shutting down one of its sites. GT Technologies designs, develops and manufactures a complete line of valvetrain components and systems, precision machining, and stamping components for a wide variety of customers and applications. The assignment involved the relocation of select machin…