Steel Partners’ Assets Go to Virtual Public Auction

GA Global Partners will conduct a live virtual public auction of the assets of Steel Partners on June 4, 2020. The auction will feature Steel Partners’ metal fabrication equipment, material handling, powder coating booth, steel inventory, trucks and trailers located in Las Vegas.

“The metal fabrication, material handling and steel inventory available for auction present a unique opportunity for companies to obtain equipment at a great value,” said Paul Brown, vice president of GA Global Partners. “To ensure the safety of all parties, we will conduct the auction virtually, which allows bidders to participate online, while seeing and interacting directly with a real-time auctioneer.”

Steel Partners, a full-service steel contractor and major structural metals fabricator, shuttered its operations after serving the Las Vegas area for over 20 years. The company was involved in over 2,000 structures and notable projects including the Cannery Hotel Casino, Westin Hotel Casino, Monte Lago Resort, and retail stores, such as Bass Pro Shops, Walmart and Lowe’s.

GA Global Partners is conducting the auction of Steel Partners’ assets by order of the U.S. Bankruptcy Court in the District of Nevada. Items available for auction include a CNC press brake, squaring shears, bending roll, welders, semi-automatic band saws, ironworkers, power coating booth, telehandlers, forklifts, trailers, and trucks from major brands such as Ford, Isuzu and Chevy.

The live auction will take place via webcast on June 4, 2020 starting at 10:00 a.m. PDT. Only online bids will be accepted. Physical inspections will be held on June 3, 2020 from 9:00 a.m. to 5:00 p.m. PDT at 3625 Polaris Ave. Las Vegas, NV 89103. COVID-19 safety measures will be observed during inspections and pick-ups.

Interested bidders can pre-register and view auction details here.

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