AllSurplus to Conduct Online Auction of Surplus Equipment and Machinery for Leading Arms Manufacturer in U.S.

Core Insights - Liquidity Services is partnering with RemArms to auction equipment and materials from the closure of the Ilion, New York manufacturing plant, which is the longest-operating firearms manufacturing site in the U.S. [1] - The strategic move involves relocating manufacturing operations to a modern facility in LaGrange, Georgia, with over 600 arms manufacturing assets available for auction on AllSurplus.com [1][2] - The auctions feature high-value equipment, including a turn-key Metal Injected Molded and Pressed Metal operation, OKK horizontal machining centers, and an Unisig drilling machine [2] Company Overview - AllSurplus is recognized as the world's leading online marketplace for surplus business assets, offering a range of equipment from heavy machinery to industrial tools [3] - The platform allows sellers to launch and manage listings quickly with more control and lower fees compared to traditional auction methods [3] - Liquidity Services, the parent company of AllSurplus, has a strong reputation in the surplus industry, having supported millions of customers globally [3]