New Mill Capital hosts fluid milk jug plant auction in Florida
Starting Thursday, January 3 at 11am EST, those interested can bid on 434 items from a milk jug plant in south Florida. The sale ends Thursday, January 10 at 11am and purchasers have until February 15 to pick up their items from the site.
Some of the featured items up for auction include milk silos (6,000 to 25,000 gallons), Plate and Frame HTST Systems, federal fillers, separators, homogenizers, processors, liquifiers, kettles, Uniloy Blow molders, resin silo, bagging, CIP, COP, jug sleevers, casing equipment, PD and centrifugal pumps, valves, fittings, lab, forklifts, and plant support.
Ahead of the auction, the full item list has pieces listed with starting bids ranging from US$25 to $2,600. New Capital believes the versatility of items will appeal to most dairy product manufacturing companies, opening the sale globally.
Jessika Wickering, director of marketing at New Mill Capital, told DairyReporter, “Given the location in southern Florida, it’s a great opportunity for foreign buyers given the proximity to port.”
According to New Mill Capital, equipment like this is available regularly at auctions, but not often in southern Florida. It’s slightly more rare outside the midwest. Prices are expected to stay strong across food and beverage as they were in 2018.
“Much of the equipment used in dairy product manufacturing tends to have a long lead time. Bidders like the idea that the equipment is available to them immediately so they tend to bid strong,” Wickering said.
Items sold at the auction can only be removed by appointment during regular business hours throughout the next month. Fees will apply for the auction-exclusive rigging, and outside riggers won’t be permitted during removal.
New Mill Capital specializes in food processing and beverage plant equipment auctions and turnkey acquisitions. It has acquired and repurposed more than 13 million square feet of manufacturing facilities since 2011.
