Historic Blue Heron Paper Mill Goes to Auction

OREGON CITY, Ore., Sept. 14, 2011 /PRNewswire/ -- Next week marks a new beginning for Oregon City. The machinery and all contents of the 23 acre industrial complex that was Blue Heron Paper Company will be auctioned off to the public. The 100 year old mill shut its doors this year as increasing competition for scrap paper from China made it impossible to continue profitable operations. The real estate is also for sale, opening up the possibility that this part of the majestic Willamette River can be redeveloped in a more natural and sustainable way.

The disposition of the assets was assigned by a trustee of the court to a joint venture that includes Capital Recovery Group, Rabin Worldwide, Perry Videx, and Go-Dove. A public auction will be held at the plant September 20, 21 & 22 at 10 am daily with a preview September 19 from 9 am to 4 pm. There is an extensive amount of machinery, tools, and parts that must be liquidated including machine shops, woodworking equipment, electrical, material handling, spare motors, pumps & valves, as well as a significant amount of scrap metal and copper wire, laboratory, office furniture and computers. The 3-day event will be held onsite at 419 Main Street, with online bidding available.

To see the equipment for sale, receive further information, or to make an appointment to inspect the equipment, please contact Rabin Worldwide at 415.522.5700 or go to www.rabin.com.

For real estate inquiries, contact Garrett Carter at CB Richard Ellis - 714.371.9202

SOURCE Rabin Worldwide