(Adnkronos) - ROCKINGHAM, N.C., July 26, 2023 /PRNewswire/ -- On August 22, 2023, Iron Horse Auction Co., Inc. of Rockingham, NC will conduct a two-part sealed bid auction of essentially all assets of Mafic USA LLC.
The assets include a state-of-the-art 45,780 +/- sq. ft. basalt manufacturing facility on 5.09 +/- acres
The North Carolina Business Court appointed Richard S. Wright of Moon Wright & Houston, PLLC as general receiver for Mafic USA LLC on May 11, 2023. The receiver retained Iron Horse to conduct an orderly liquidation process.
Will Lilly, an executive with Iron Horse states, "It is a great honor to represent the Receiver in this very important transaction. We feel the custom-tailored orderly liquidation process is a rare opportunity to purchase a basalt plant that could be put in operation much faster than a startup project. The facility is truly a state-of-the-art basalt fiber manufacturing facility that has already gained the interest of international parties active in the industry."
For further information about the sale process, go to ironhorseauction.com/auction/mafic-68144/details or call: 800-997-2248.
For interviews, contact:Will Lilly +1-704-985-9300 or Questo indirizzo email è protetto dagli spambots. È necessario abilitare JavaScript per vederlo. Iron Horse Auction Company, Inc.174 Airport RoadRockingham, NC 28379910-997-2248www.ironhorseauction.com
View original content:https://www.prnewswire.co.uk/news-releases/receivership-auction-of-mafic-usa-llc-301886289.html
