SPARTANSBURG, Pa.,
Dec. 6, 2012 /PRNewswire/
-- Tiger Group's Remarketing Services division is auctioning a
wide array of hardwood-flooring inventory from the wind-down of
American Made Flooring, a division of Clear Lake Lumber. The online
sale at www.SoldTiger.com includes 290,000 square feet of
top-quality, branded hardwood flooring products, as well as the
division's customer list, equipment and display racks. Bidding is
now underway and will close in rapid succession, live auction
style, on Dec. 13, beginning at
10:30 a.m. EST.
Clear Lake Lumber, the parent company of American Made
Flooring, is winding down the division in order to focus on its
primary business of manufacturing kiln-dried hardwood lumber. Clear
Lake was founded in Spartansburg,
a small town in northwest Pennsylvania, in 1973 and grew to become one
of the largest lumber manufacturers in the country.
"The wind-down of Clear Lake's American Made Flooring
division represents an excellent opportunity for flooring
retailers, contractors and other bidders, thanks to both the
quality and diversity of this inventory," said Jeff Tanenbaum, president of Tiger Remarketing
Services.
The preview will be from 9 a.m. to
4 p.m. on Wed., Dec. 12, in
Spartansburg. Inventory samples
are available upon request.
Available at auction are approximately 125,000 square feet
of unfinished hardwood flooring products (2 ¼"-8") in cherry, hard
maple, hickory, ash, beech, white and red oak, walnut, red leaf
maple and wormy maple. The sale additionally includes approximately
131,000 square feet of micro-beveled products (2 ¼"-9") in Russian
birch, hard maple, red and white oak, cherry, hickory, ash and
beach.
Among other products, bidders will have the opportunity to
purchase approximately 13,000 square feet of various unfinished,
hand-scraped hardwood flooring products (4"-5") in cherry, red and
white oak.
The equipment available at auction includes two 2007
Grizzly G0512 edge sanders; a Time Saver TBO-25-2 belt
sander/planer; a Wyson & Miles 291-L stroke sander, and a 2004
Robopac orbital wrapping machine. Other lots include a Skat Blast
dry-blast system, a pallet jack, conveyor sections and 1,200
display racks.
For the complete technical specifications and digital
images of specific inventory items, visit
http://auctions.tigergroupllc.com/cgi-bin/mndetails.cgi?tigergrp61.
For more information about this sale, call 800-758-8443, to speak
with an auction team member.
About Tiger Remarketing Services
Division
Tiger Remarketing Services and its affiliates at Tiger Group
provide advisory, restructuring, valuation, disposition and auction
services within a broad range of retail, wholesale, and industrial
sectors. With over 40 years of experience and substantial financial
backing, Tiger offers a uniquely nimble combination of expertise,
innovation and financial resources to drive results. Tiger's
seasoned professionals help clients identify the underlying value
of assets, monitor asset risk factors and, when needed, convert
assets to capital in a variety of ways quickly and decisively.
Tiger's collaborative and no-nonsense approach is the foundation
for its many long-term 'partner' relationships and decades of
uninterrupted success. Tiger operates main offices in
Boston, Los Angeles and New
York. To learn more about Tiger, please visit
www.TigerGroupLLC.com.
SOURCE Tiger Remarketing Services, Los
Angeles