HilcoBid® Named by Sanyo Solar (USA) to Manage Sale of Carson, California, PV Wafer Production Facility

NORTHBROOK, Ill.--(BUSINESS WIRE)--HilcoBid®, the global industrial asset auction platform of the Hilco organization, announces it has been engaged by Sanyo Solar (USA) to sell the company’s PV Wafer fabrication facility in Carson, CA. The private treaty/negotiated sale, which runs from now through May 18, 2012, is open to buyers interested in the total package of assets or individual lots.

Among the assets being sold are late model crystal-growers, including more than 20 Kayex CG6000 and KX150, slicers, saws, grinders, shapers, slabber/squaring machines, wafer cleaning systems, slurry recycling systems, test and inspection equipment, and a broad array of material handling and plant support equipment. A comprehensive list of assets is available at www.hilcobid.net.

“HilcoBid is honored to have been chosen by Sanyo for this important disposition assignment and a testimony to the depth of experience HilcoBid has amassed,” said John Ward, Executive Vice President. “Our understanding of the solar industry, knowledge of the equipment, and experience marketing the assets globally creates value for our clients,” said Brian Lee, Executive Vice President. Recently, HilcoBid handled a successful disposition assignment for Evergreen Solar and is currently conducting an auction of assets originally valued at $350 million for Solyndra.

About HilcoBid®

HilcoBid provides surplus capital asset management, valuation and disposition services to large corporations. At the heart of HilcoBid is a fully-integrated, advanced-technology asset redeployment and auction platform, which enables companies to quickly and seamlessly manage their internal capital asset redeployment and disposition processes. HilcoBid is a joint venture of Hilco Trading, LLC, a world leader in capital asset disposition services, and SuperBid Brazil, South America’s leading industrial auction group focused on surplus capital asset redeployment, valuation and disposition programs for large national and multi-national corporations. Visit www.hilcobid.net.