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Firm's entire factory contents to be auctioned off

By James Pugh | Newtown | Business | Published:

The entire contents of a factory in Newtown are to be auctioned off.

One of the pieces of equipment being auctioned. Photo: gjwisdom.co.uk

Earlier this year F1 Modular, which employs 50 people at the factory on the Mochdre Industrial Estate, was placed into administration.

The firm produces construction modules and pods, such as timber frames, for new builds.

Although the company is still in administration and a buyer being sought, GJ Wisdom and Co, auctioneers to HM Revenue and Customs, have been appointed by the administrators to sell off the entire contents of the eight-acre factory.

A spokesman for GJ Wisdom and Co confirmed items up for auction include laminating and roll forming lines, welders, a large quantity of assorted hand and small tools, industrial warehousing equipment, forklifts, commercial vehicles, portacabins and a two acre site of scrap metal.

There are more than 400 lots which are going under the hammer at the online auction on August 12.

To see the auction catalogue visit auction.gjwisdom.co.uk/m/view-auctions/catalog/id/92?view=grid

James Pugh

By James Pugh

Shropshire Star Business and Farming Editor.

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