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April 7, 2021
HOLBROOK, N.Y. April 8, 2021 Tiger Group is now accepting bids for the April 15 online auction of assets from Holbrook-based embroidery and garment-printing company Gate NY, which had been a major drop-ship location for garment distributors from across the Northeast.
Highlights of the auction include screen-printing machines, flash cures, dryers, folders and accessories by brands such as MHM, M&R, Dane, Hix, Interchange, OYO and NEDCO; direct-to-garment equipment by Brother; and embroidery machines and accessories by well-known manufacturers such as Barudan and Hashima.
“Embroidery and garment-printing companies are gearing up for a rebirth of live events this spring and summer as the national vaccination campaign progresses,” noted John Coelho, a Senior Director with Tiger Commercial & Industrial. “But brand-new equipment is taking months to ship due to disruptions in the supply chain. As a result, this online auction is particularly relevant to the need
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Other assets up for bid include this 2016 Barudan 12-head, 15-needle embroidery machine. Embroidery and garment-printing companies are gearing up for a rebirth of live events this spring and summer as the national vaccination campaign progresses, noted John Coelho, a Senior Director with Tiger Commercial & Industrial. But brand-new equipment is taking months to ship due to disruptions in the supply chain. As a result, this online auction is particularly relevant to the needs of growth-oriented companies in this sector.
In addition to equipment such as heat-transfer presses from Stahls and Brother and a Roland printer/cutter, Tiger is auctioning warehouse and office assets from Gate NY s 32,000-square-foot facility in Holbrook. These include heat sealers, conveyors, forklifts, air compressors, pallet jacks, dollies and carts, as well as computers and office, reception and breakroom furniture.
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