Assets from Bloomfield Foundry to be Sold at Auction

Jul 07, 2014, 10:20 ET from Stuart B. Millner & Associates

BLOOMFIELD, Iowa, July 7, 2014 /PRNewswire/ --  An auction for the assets from the Bloomfield Foundry in Bloomfield, IA will take place on July 24 at the foundry. The event will be conducted by Stuart B. Millner & Associates (SBMA), an industrial asset management company.

According to representatives at SBMA, the event is categorized as a "by order of the secured lender," which means that everything is being sold—"wall to wall, floor to ceiling."

Featured Assets in Auction

  • Wheelabrator Model No. 14 Tumblast Finishing Machine
  • John Deere Model No. 320D Skid Steer (New in 2012)
  • Variety of Molding Machines (Hunter, Spo and International Rotalift
  • Didion Model No. 50 Rotary Media Drum
  • Foundry Master Spectrometer
  • Tons of Ferrous and Non-Ferrous Metals

To view pics and specs of the featured assets in the auction, click here. For information about unlisted items, contact the SBMA's office at 636-744-1400.

How the Auction Will Work

The auction will be a live onsite and online event. SBMA will conduct an in-person auction while simultaneously allowing online bidding through Bidspotter, an international online auction platform. The onsite part will take place at 808 Karr Avenue Bloomfield, IA 52537. Online bidders will need to register at

SBMA is an asset management company that specializes in the appraising, marketing, liquidating and auctioneering of assets from manufacturing facilities, power plants and mines. For more information about SBMA and its other upcoming auction events, visit the company's website (

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SOURCE Stuart B. Millner & Associates