Aucto, an online auction platform, has announced RAAR Group USA Inc. will host an online auction to liquidate surplus industrial assets from Triumph Aerostructures LLC, the company said.
Triumph Aerostructures will be closing two of their manufacturing facilities located in Hawthorne and Torrance, California. Triumph, whose headquarters are in Pennsylvania, plans to cease operations in these facilities by December 6, 2019.
The first auction in a series of sales will consist of over 200 lots, containing items ranging from heavy-duty forklifts, overhead cranes, CNC machining centers, and MRO materials.
Aucto.com is an online industrial auction platform where businesses can liquidate surplus and used industrial parts and equipment. The platform provides sellers with a global industrial buyer market and buyers with access to a massive inventory of industrial equipment sold at liquidation pricing.
