Robert Levy Associates, a provider of industrial asset management and monetization strategies, will be auctioning hundreds of top-quality assets of Richard Tool & Die Corporation resulting from a Board of Directors’ decision to cease operations.
Since 1966, Richard Tool & Die has been world-renowned in the design and production of progressive and transfer dies for the stamping industry and automotive OEMs.
This online auction will take place on Wednesday, November 9, 2022, starting at 10 a.m. Eastern.
Assets in this auction include:
- Large multi-axis CNC machining
- Toolroom, fabricating, and welding equipment
- Large bed transfer and progressive die presses
- Quality-control equipment
- Material handling and vehicles
- Support equipment
Inspection of assets will be available on Monday and Tuesday November 7th and 8th or prior to that by appointment. Inspection will be onsite at 29700 W. K. Smith Drive, New Hudson, Michigan, and one other location for a few items located at a sister company still in operation.
For further information, and a complete listing of all assets, click here. The auction is being managed by Robert Levy Associates and Maynard’s Industries.