Core Viewpoint - Heritage Global Partners and Prestige Auctions will conduct an online auction for the complete closure of the NOV Dayton Chemineer facility, featuring a range of high-quality manufacturing equipment, scheduled for March 12, 2026 [1]. Auction Details - The auction will include late-model CNC machining and fabrication systems, inspection and finishing equipment, and other assets that represent the full production workflow of the facility [1]. - Key auction items include large-capacity CNC lathes, milling machines, and various support equipment, appealing to buyers in sectors such as aerospace, energy, and general manufacturing [1]. Market Context - The auction is expected to attract significant interest from both North American and international buyers, reflecting a continued demand for high-quality used manufacturing equipment as companies look for cost-effective capacity expansion [1]. - Pre-auction offers are being accepted for select major assets, with equipment inspections scheduled for March 11, 2026 [1]. Company Background - Heritage Global Partners is a subsidiary of Heritage Global Inc. (NASDAQ: HGBL), specializing in asset advisory and auction services across various industrial sectors, conducting 150-200 auction projects annually [1]. - Prestige Auctions is recognized as a leader in the procurement and sales of used metalworking machinery and complete manufacturing facilities, providing customized asset management solutions since 1990 [1].