FEDERALSBURG, Md.--(BUSINESS WIRE)--New Mill Capital Holdings (www.newmillcapital.com) is set to auction all production equipment of the recently acquired Kraft Heinz bakery in Federalsburg, MD. The 103,000 square-foot plant, previously served as a bread and dehydrated product production operation for Stove Top Stuffing among other products.
“While we had a number of interested suitors for the bakery in its current capacity, ultimately we have solidified a new operator for the location outside of the bakery vertical, which means the processing and production equipment needs to be monetized now.” said Eric Weiler, Principal of New Mill Capital Holdings. “This is a great opportunity for anyone in the market for late model bread product or crouton production equipment with zero lead time.
The equipment to be sold consists of three complete bread lines, large Peerless batch mixers, dough dividing, tray ovens, metal detection, ambient spiral systems, size reduction, dryers, bulk packaging and process & plant support equipment.
The auction will be conducted online only with bidding opening April 1st and closing April 13th. The plant is located at 300 Reliance Avenue in Federalsburg, MD, and interested buyers are welcome to schedule and equipment inspection at anytime by appointment or attend open inspection of the equipment on April 11th and 12th.
ABOUT NEW MILL CAPITAL
New Mill Capital provides comprehensive asset solutions for the industrial marketplace. Primary services include turnkey acquisitions of closed industrial plants, value-added equipment auction & liquidation programs as well as advisory and brokerage services. NMC has acquired over 11,000,000 square feet of idled manufacturing facilities since 2011 and conducts auctions and/or liquidations on behalf of major corporations as well as private owners in the food processing, packaging, personal care, cosmetic, pharmaceutical, metalworking, construction, laboratory industries. To learn more about New Mill, please visit www.newmillcapital.com