By order of the U.S. Bankruptcy Court, Tiger Group’s Remarketing Services Division will conduct an online sale of medical manufacturing equipment and laboratory equipment, as well as parts inventory, office furniture and support equipment of Konigsberg Instruments Inc., a medical device manufacturer.
Online bidding will commence March 10 at www.SoldTiger.com and will close in rapid succession, live auction style, on March 17, beginning at 10:30 a.m. (PT). Previews of the various assets being offered will be held on March 16, from 10 a.m. to 4 p.m. (PT) at Konigsberg Instruments, located at 1017 S. Mountain Ave. in Monrovia.
“This auction provides a great opportunity for technology manufacturers, laboratories, test facilities, and many other industries to acquire manufacturing, test and measurement equipment, as well as generic assembly parts in excellent condition and at reasonable prices,” said Jeff Tanenbaum, president of Tiger Remarketing Services.
Key manufacturing equipment featured in the online auction includes two Miyachi/Unitek laser welders, a lathe, a miniature parts heat treat/annealing machine, as well as laboratory equipment like ovens, water baths, test fixtures, signal generators, spectrum analyzers, counters, oscilloscopes, microscopes, lab and work benches.
Medical device parts inventory up for bid includes PVC tubing, plug insulators, probes, contact sockets, bifurcated fittings, PCB computer boards, and cases. The assets also include such office and showroom items as desks, credenzas, conference tables, chairs, bookcases, file cabinets, printers, laptops, computers, and office supplies.
The privately-held Konigsberg Instruments manufactured custom medical device devices for scientists, clinicians and other medical-device manufacturers. The company filed for Chapter 7 bankruptcy in California Central Bankruptcy Court on January 7, 2015 (case number 2:15-bk-10182).
Tiger Group provides asset valuation, advisory and disposition services to a broad range of retail, wholesale, and industrial clients.