Heritage Global Partners to Conduct Multi-Million Dollar Online Auction of Furniture Fabrication and Manufacturing Assets Beginning January 31

Guía de Regalos

Global Online Sale Features over 1,000 Lots of Late Model CNC
Machinery, Metalworking and Woodworking Equipment, Facility Support and
Much More

SAN ANTONIO & SAN DIEGO–(BUSINESS WIRE)–Heritage
Global Partners
(“HGP”), a worldwide leader in asset advisory and
auction services and a subsidiary of Heritage
Global Inc.
(OTCQB: HGBL, CSE: HGP), today announced it will manage
an upcoming global online auction featuring the assets of KLN
Manufacturing (“KLN”) beginning January 31, 2017. KLN previously engaged
in the design and production of durable steel furniture for military
barracks, universities and hospitals, among other institutions. The sale
is a result of the closure of its 275,000 sq. ft. industrial facility in
San Antonio.

A public preview will be held on January 30 and 31 at 2
Winnco Dr, San Antonio, TX 78218
, or earlier by appointment.
Registration information and a complete sale catalog are available on
HGP’s website.

KLN Manufacturing: Global Online Auction
January 31, 2017
(9:00 am CST) – February 2, 2017 (9:00 am CST)

http://www.hgpauction.com/auctions/87595/kln-manufacturing/
Please
contact Ty Lindley with questions or for further information.

Key Assets:

  • Salvagnini P4-2514 CNC Bending Machine
  • Amada CNC Turret Punches
  • Amada, Cincinnati, Hurco, Trumpf, Verson and Wysong CNC Press Brakes
  • Acme, Hobart, Lincoln, Miller and Millermatic Welders
  • Engine Lathes, Ironworkers, Drill Presses and Handtools
  • DMC/SMC Unisanders
  • CNC Edge Banders
  • CNC Busellato Router
  • Dodds Dovetail Machine
  • CNC Holz-Her Panel Saw
  • Caterpillar, Genie, Hyster, Mitsubishi, Toyota Forklifts, Scissor
    Lifts and Man-Lifts
  • Over 10,000 Sq. Ft. of Pallet Racking
  • Packaging, Banding, & Pallet Wrapping Machines
  • Tens of Thousands of Metal Stack Chairs, Lockers, Wardrobes,
    Nightstands and Tables
  • Laptops, Desktops, Servers and Phone Systems

“We anticipate strong demand from worldwide buyers as our upcoming sale
features an unmatched selection of over 150 major machines and 1,000
lots of manufacturing, metalworking and woodworking assets, as well as
raw materials, general facility support and finished goods inventory.
This is an exceptional opportunity for manufacturers, OEMs, users and
resellers to acquire volumes of CNC machinery and woodworking equipment
in immaculate condition from leading brands,” stated Ty Lindley, HGP
Director of Sales.

Contacts

Heritage Global Partners
Ty Lindley, 858-847-0653
tlindley@hginc.com
or
JCIR
Nicole
Briguet, 212-835-8500
HGP@jcir.com