Global Fastener News

Spring Auctions Slated for U.S. Fastener Manufacturers MRC/Michigan Rivet and Dolan Industries

John Wolz

Auctions have been scheduled this spring for plants, machinery and equipment of two U.S. fastener manufacturers.

The Massachusetts cold forming plant, machinery and equipment for Dolan Industries Inc. will be auctioned on March 30, 2006, at the plant at 798 Main St., Clinton, MA, by Biditup Auctions & Appraisals Worldwide.

Cincinnati Industrial Auctioneers Inc. will conduct an auction of the cold forming machinery and the manufacturing plant for MRC Industrial Group April 19-20, 2006. The MRC auction will be held at the main manufacturing facility at13201 Stephens Rd., Warren, MI.

MRC Industrial Group / Michigan Rivet has ceased production and filed for bankruptcy. Cincinnati Industrial and Industrial Assets acquired the right from bankruptcy court to liquidate the assets.
Assets immediately available for sale include all intellectual property, business names and telephone numbers, website, technology and customer lists, job tooling & drawings, inventory and manufacturing plants in the Detroit suburb of Warren and the northern Michigan city of Petoskey.
The auction includes: National, Progressive, Nedschroff, Sakamura cold headers; nut tappers; thread rollers; inspection machines; packaging system and tool room.

Kermit Knuppenburg and Gino Giulioli founded Michigan Rivet Corporation in 1946 to manufacture hinge pins for the U.S. automotive industry. In 2003, MRC Industrial Group, Inc., a newly formed corporation headed by Steven Engelman, acquired Michigan Rivet and McLaughlin.

For MRC auction information contact Cincinnati Industrial Auctioneers. Tel: 513 241-9701 or 800 497-9701 E-mail: Jerome@cia-auction.com Web: cia-auction.com

Dolan manufactured cold headed parts, metal fasteners and pins for 25 years in Clinton, MA, Machinery to be auctioned include several multi-station Waterbury, Sakamura, Hatebur, Peltzer & Ehlers, National, Asahi Okuma and Nakashimada cold formers, Townsend shavers, thread rollers, laser inspection equipment, wire drawers, automatic washing system and a complete tool room with lathe, grinders and vertical mills.
Up to 86,836 sq ft of building on 1.98 acres is for sale or lease.
The Dolan auction will be at 10 a.m. Thursday, March 30, 2006, at 798 Main St., Clinton, MA. Preview will be on Wednesday. For information contact Biditup Auction. Tel: 818 508-7034. Web: biditup.com
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