- Are you looking for a deal on used industrial equipment? Processing and packaging items from the former Oscar Mayer plant in Madison soon will go on the auction block.
Reich Brothers, the company that purchased and plans to redevelop the site, and partner Rabin Worldwide have announced the auction that will take place on Dec. 6-8, 2017, with a preview period Dec. 4-5, 2017.
Rabin and Reich will sell the entire contents of the Madison facility at a live and online public auction onsite, according to a news release.
“It will be an opportunity to buy high-quality equipment once used by the best in the business,” Richard Reese, President and CEO of Rabin was quoted as saying in the release. “The legacy of the Oscar Mayer name, combined with the enormous offering of equipment in this vast facility, make this a unique sales event.”
The auction will be held both on site at the former Oscar Mayer plant, and online at www.rabin.com and www.reichbros.com. It will feature eight floors of processing and packaging equipment, consisting of meat grinders, meat slicers, smokehouses, refrigeration systems and much more.
“This auction event is the first of many steps in the long-term vision for the site and will prepare the site for reuse,” said Adam Reich, Co-CEO of Reich Brothers.
Both Rabin and Reich have been involved in the redevelopment and reuse of tens of millions of square feet of industrial real estate. They have extensive experience in the purchase and sale of food manufacturing plants, as well as expertise in redeveloping large manufacturing sites.
“Our partnership is dedicated to repurposing the existing assets and attracting quality businesses,” says Rabin COO, Shira Weissman. “We look forward to creating a site with a diverse tenant base and we envision this site becoming a cornerstone for the eastside Madison community.”
One of Madison’s mainstay businesses for nearly a century, Oscar Mayer has been at the location since 1919. The property has been the company’s headquarters since 1957 and was the epicenter for new product development. Kraft Heinz announced the closure in 2015, and officially ceased production this summer.
The renowned former Oscar Mayer campus in Madison features 1.7 million square feet under roof on a 72-acre site. The plan is to redevelop the campus, including repurposing several existing buildings, with a balanced mix of light manufacturing, warehouse, distribution and office.
The auction can be viewed at www.rabin.com and www.reichbros.com.
For more go to http://www.wkow.com/story/36841231/2017/11/14/equipment-from-former-oscar-mayer-plant-to-be-sold-at-auction