VINELAND, N.J., July 30, 2024 (GLOBE NEWSWIRE) -- The City of Vineland, New Jersey has recently reached the milestone of over $1 million in surplus property auction sales conducted on GovDeals, the leading online auction marketplace for government agencies, educational institutions, and related agencies to sell surplus assets. According to Jeanine N. Meneghettie, the city's Qualified Purchasing Officer, "Reallocating surplus assets and transforming them into additional resources for serving our community is ...

Core Insights - Liquidity Services has relocated and expanded its Indianapolis operation to a new 203,840 sq ft facility in Brownsburg, Indiana, enhancing its capacity to manage excess inventory and reaffirming its commitment to sustainability [1][3] Company Operations - The new Brownsburg warehouse is one of nine across North America, designed to handle both individual consumer sales and business-to-business transactions [2] - The facility supports Liquidation.com and AllSurplus Deals, allowing consumers to bid on high-quality returns and overstock items at discounts of up to 90% off retail prices [4] Economic Impact - The Brownsburg facility currently employs up to 90 people, retaining all employees from the previous Plainfield location and adding new staff to support regional growth [5] - The expansion is expected to bolster the economic vitality of the Brownsburg community by creating new job opportunities [5] Sustainability Efforts - In 2023, consumers returned $743 billion worth of goods, contributing to landfill waste; Liquidity Services aims to mitigate this by extending the life cycle of returned and overstock items [2] - The company plays a crucial role in reducing retail waste and its environmental impact through its operations [3][6]

BROWNSBURG, Ind., July 30, 2024 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ: LQDT), a leading global commerce company powering the circular economy, today announced the relocation and expansion of its Indianapolis operation, moving its reverse logistics warehouse in Plainfield, Indiana, to a larger 203,840 sq ft facility in Brownsburg, Indiana. This new facility accommodates more excess inventory from retailers, enhances the customer experience for liquidation resellers and customers, and reaffirms the c ...

ST. LOUIS, July 10, 2024 (GLOBE NEWSWIRE) -- The State of Missouri is selling the Wainwright State Office Building located at 111 North 7th Street in downtown St. Louis on GovDeals.com, the leading online marketplace for government agencies and educational institutions to sell real estate and other surplus assets. This 234,600 sq. ft. property consists of two buildings, one with three floors and the other ten, and several open courtyard areas. The property will be open for bidding until August 29, at 3:00 P ...

BETHESDA, Md., July 09, 2024 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ:LQDT), a leading global commerce company powering the circular economy, today announced that it expects to report its third quarter fiscal year 2024 results prior to market open on Thursday, August 8, 2024. Bill Angrick, Chairman and CEO, and Jorge Celaya, EVP and CFO, will then host a conference call to review the results at 10:30 AM Eastern Time. To participate in the conference call, please register here to receive the dial-in nu ...

RICHLAND, Wash., June 18, 2024 (GLOBE NEWSWIRE) -- Hanford Mission Integration Solutions (HMIS) is conducting a series of online equipment auctions through GovDeals, the leading online marketplace for government agencies to sell surplus assets. The surplus items being offered have been part of Hanford Site operations. The Hanford Site adjacent to Richland, Wash., was used from WWII through the Cold War to produce nearly two-thirds of the plutonium for the nation’s nuclear weapons program. With a workforce o ...

RICHLAND, Wash., June 18, 2024 (GLOBE NEWSWIRE) -- Hanford Mission Integration Solutions (HMIS) is conducting a series of online equipment auctions through GovDeals, the leading online marketplace for government agencies to sell surplus assets. The surplus items being offered have been part of Hanford Site operations. The Hanford Site adjacent to Richland, Wash., was used from WWII through the Cold War to produce nearly two-thirds of the plutonium for the nation's nuclear weapons program. With a workforce o ...

BETHESDA, Md., June 18, 2024 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ:LQDT), a leading global commerce company powering the circular economy, has partnered with Aaron Industrial Solutions (AIS), a global equipment auction, liquidation, and asset management company, and Binswanger, a global leader in full-service commercial real estate, to sell equipment and real estate from a Puritan Medical Products biopharmaceutical manufacturing plant in Portland, Tennessee. The 338,000 square foot facility and hun ...

BRYAN, Texas, May 28, 2024 (GLOBE NEWSWIRE) -- The city of Bryan has recently surpassed $2 million in sales of their surplus assets on GovDeals. GovDeals is the leading online auction platform for government agencies and educational institutions to sell surplus equipment to millions of qualified buyers worldwide. Since first joining GovDeals, the city has successfully sold over 1,400 assets to buyers across the country. These assets range from automobiles, heavy equipment, garbage trucks, fire and police eq ...

BETHESDA, Md., May 16, 2024 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ:LQDT), a leading global commerce company powering the circular economy, today announced that it will be participating in the following upcoming conferences during the months of May and June: 18th Annual Barrington Research Virtual Spring Investment Conference on May 16, 2024. The virtual conference will bring together investors and management teams from approximately 40 publicly traded companies. This event will provide an opportunit ...