Production Equipment from Major Oil Producer Up for Auction

TOLEDO, OH--(Marketwired - October 18, 2016) -

Editor's Note: There are 4 images and 2 PDFs associated with this release.

NRI Industrial Sales LLC, a company specializing in marketing and sales of used industrial equipment, will be liquidating production equipment surplus to the operation of a major oil producer. The assets, with a total book value of over 18 Million USD, will be sold in a no-reserve format auction. The two- day event will be hosted on www.aucto.com. All equipment will be sold via online auction, with lots ending on October 25^th at 10 AM EST.

Equipment available for purchase includes industrial controls, electrical distribution equipment, process pumps, electric motors, control valves and MRO. Over 500 lots are available in this sale.

NRI is a North American based asset management firm that acquires and provides turn-key solutions for distressed assets.

Aucto is a powerful, globally accessible industrial auction marketplace that runs liquidation events and online and onsite webcast auctions. Aucto is free for sellers, and provides buyers access to industrial equipment at liquidation pricing.

Clients who wish to inspect equipment in this auction must contact NRI Industrial Sales to arrange a viewing. All viewings are strictly by appointment only. All visitors without appointment will be turned away.

ABOUT THE AUCTION

Where: Live Online: https://www.aucto.com/auctions

When: Viewing Dates: Viewing strictly by appointment only.

• Auction Day 1: Lots end 10 AM EST, October 25 2016
• Auction Day 2: Lots end 10 AM EST, October 25 2016

ABOUT AUCTO

Aucto was created to connect industrial equipment buyers and sellers on one secure, global platform. It is a centralized marketplace for industrial auctions and liquidations. Thousands of businesses turn to Aucto to source machinery and equipment at liquidation pricing, and to sell their surplus assets. It is a smart and simple way to buy and sell industrial equipment. www.aucto.com

Image Available: http://www.marketwire.com/library/MwGo/2016/10/18/11G118489/Images/1-ca58578c345aaa2590ea3a597661b8fc.jpg
Image Available: http://www.marketwire.com/library/MwGo/2016/10/18/11G118489/Images/2-6bda112f269c8f8ca90f80b06df181d5.jpg
Image Available: http://www.marketwire.com/library/MwGo/2016/10/18/11G118489/Images/3-5d78548f87f3a61eb14d5c80771b088a.jpg
Image Available: http://www.marketwire.com/library/MwGo/2016/10/18/11G118489/Images/4-6b7156655fe9bf2aa795193a4b0b47ea.jpg

Attachment Available: http://www.marketwire.com/library/MwGo/2016/10/18/11G118489/Day1-Catalog-b156bbe6bc7ab8f5bb6aa5b11760dc18.pdf
Attachment Available: http://www.marketwire.com/library/MwGo/2016/10/18/11G118489/Day2-Catalog-69fa579e72d18f6ba1b7a66810890c4b.pdf