Great American Group®* to Sell Machinery & Equipment Assets of Oregon's Pro Tech Engineering via Webcast Public Auction
WOODLAND HILLS, CA, Sep 21, 2010 (MARKETWIRE via COMTEX News Network) -- Great American Group, Inc. (OTCBB: GAMR), a leading provider of asset disposition, valuation and appraisal services, today announced a complete disposition of precision machinery, equipment, and plant vehicles on behalf of Grants Pass, Oregon manufacturer, Pro Tech Engineering, Inc.
Great American Group will conduct the public auction sale live, on-site, Thursday, September 23, 2010, in a traditional open outcry sale platform with a simultaneous internet webcast allowing for dynamic, competitive, online bidding.
Utilizing state-of-the-art, computer-controlled (aka "CNC") precision machining equipment, Pro Tech has supplied highly-engineered, super precision metal components to clients in a range of sectors that have included aerospace, medical, dental, scientific, food processing, and electronics. The disposition is a result of the retirement of Pro Tech's owner.
"This is one of the nicest, cleanest, CNC machine shops to be sold at auction in the western U.S. this year," commented Mark Weitz, President of Great American Group's Wholesale and Industrial Services. "With the economy picking back up, this sale represents a terrific opportunity for those looking to expand or upgrade their facilities at this time," Mr. Weitz continued.
A Great American Group webcast auction allows those bidding online to participate in real time against buyers attending the live sale event. The auction sale will take place at 276 Tech Way in Grants Pass, Oregon, on Thursday, September 23, at 11:00 AM local time, with inspection of all items available throughout the day on Wednesday, September 22.
About Great American Group(R)
Great American Group, Inc. is a leading provider of asset disposition solutions and valuation and appraisal services to a wide range of retail, wholesale and industrial clients, as well as lenders, capital providers, private equity investors and professional service firms. Great American Group has offices in Atlanta, Boston, Chicago, Dallas, London, Los Angeles, New York, and San Francisco. www.greatamerican.com
*Great American Group and the Eagle Design are trademarks registered in the US Patent and Trademark Office and are exclusive property of Great American Group, Inc.
Press Contact: Great American Group Laura Wayman Vice President of Marketing 847-444-1400 ext. 2312 Email Contact: Email Contact
SOURCE: Great American Group, Inc.
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