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Rexam Cosmetic Packaging Inc. to auction off equipment.
By David A. Smith, Waterbury Republican-American, Conn. Knight Ridder/Tribune Business News
Mar. 1--TORRINGTON, Conn. -- An Enfield auction firm plans to sell off a chunk of Rexam Cosmetic Packaging Inc.'s equipment today, as the longtime area manufacturer continues winding down its city operations.
Capital Recovery Group has listed more than 650 items, or groups of items, for sale, including injection-molding machinery, machine shop equipment and office fixtures, as well as decorating, assembly, finishing and packaging equipment. The auction, scheduled from 9 a.m. to 4 p.m. at Rexam's 129 Industrial Lane plant, comes as the London-based company wraps up its local production there.
Rexam announced in May it was shutting down its two Torrington operations, where about 150 people at the time manufactured lipstick cases for the cosmetics industry. The company said some of the work would move to a Rexam plant in Wisconsin, some to Brazil and some possibly to China.
Monday afternoon, only limited production and a smattering of employees remained at the roughly 58,200-square-foot Industrial Lane plant, where potential bidders inspected various equipment tagged for sale. Additional items at Rexam's roughly 45,000-square-foot -- and largely vacant -- facility at 230 Ella Grasso Ave. was also available for inspection.
Those buildings, both in Torrington's industrial park in Burrville, are not included in the auction and have been listed for sale by Real Estate Acquisitions & Disposals, a Boca Raton, Fla., real estate ...
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By David A. Smith, Waterbury Republican-American, Conn. Knight...of changes at two plants on Industrial Lane and Ella Grasso Avenue. The...annually. To see more of the Waterbury Republican-American, or to subscribe...
- Rexam Cosmetic Packaging Inc. to auction off equipment.
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...square-foot Industrial Lane plant, where potential...estate firm. The Industrial Lane building and accompanying...manufacturing was done on Industrial Lane. Rexam, which...see more of the Waterbury Republican-American, or...
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By David A. Smith, Waterbury Republican-American, Conn. Knight...manufacturing operations at the 318 Industrial Lane plant will shut down depends...continue to occupy space on Industrial Lane, but ultimately will not...facility. The company's Industrial Lane and Franklin ...