Robert Levy Associates, a leader in industrial asset management and monetization strategies, is pleased to announce that they will be auctioning hundreds of top-quality assets of Richard Tool & Die Corporationresulting from a Board of Directors’ decision to cease operations. Since 1966, Richard Tool & Die has been a world-renowned, cutting-edge leader in the design and production of progressive and transfer dies for the stamping industry and automotive OEMs. This Webcast Auction will take place on Wednesday, November 9, 2022, beginning at 10 am Eastern time. The auction is being managed by Robert Levy Associates and Maynard’s Industries.
Assets In This Auction include:
- Large Multi-Axis CNC Machining
- Large Bed Transfer and Progressive Die Presses
- Press Room Support Equipment
- Toolroom, Fabricating & Welding Equipment
- Quality Control Equipment
- Material Handling and Vehicles
The Webcast Auction will be held on Wednesday, November 9, 2022, beginning at 10 AM Eastern time. Inspection of assets will be available on Monday and Tuesday, November 7th and 8th, or prior to that by appointment. Inspection will be onsite at 29700 W. K. Smith Drive, New Hudson, Michigan, and one other location for a few items located at a sister company still in operation. For further information, and a complete listing of all assets, visit online at www.rlevyinc.com/project/richard-tool-die-corporation or at www.maynards.com/richard-tool-die-corporation.
Robert Levy states “This auction sale is of equipment that rarely comes to market. This presents a remarkable opportunity for our customers in the large tool and die manufacturing and stamping industries to acquire hard-to-find equipment once used by an iconic Detroit-based Tool & Die, manufacturer. Levy also points out that“With current global supply chain issues and tremendous pricing increases for new and used equipment, this sale solves both of those problems as this equipment is available now.”
About Robert Levy Associates
Robert Levy Associates specializes in creating unique and successful monetization solutions for industrial assets around the world.
Maynard’s expertise in consistently delivering the highest returns to customers in the equipment and machinery industry spans over a century.