Heritage Global Partners to Conduct Two Massive Online Auctions of Wren Manufacturing’s Pennsylvania Plants

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Online sales feature comprehensive woodworking, automated panel processing, finishing and stone fabrication equipment, along with material handling systems and an extensive inventory of finished materials, hardware, quartz, and stone slabs as well as TFL boards

SAN DIEGO--(BUSINESS WIRE)-- Heritage Global Partners (“HGP”), a subsidiary of Heritage Global Inc. (NASDAQ: HGBL) and a worldwide leader in asset advisory and auction services, will conduct two online auctions of cabinet manufacturing, woodworking and stone fabrication equipment formerly used in Wren Manufacturing’s U.S. operations in Wilkes-Barre, Pennsylvania.

The sales are being conducted by order of the U.S. Bankruptcy Court, Case No. 1:26-bk-10581, which features equipment used in the production of cabinetry, countertops, and more.

Online bidding for both auctions opens Monday, Sept. 14, 2026, at 8 a.m. EDT.

Sale #2: Lots begin closing Wednesday, Sept. 16 at 8 a.m. EDT.
Sale #3: Lots begin closing Thursday, Sept. 17 at 10 a.m. EDT.

Individual lots close sequentially; bidders should refer to the respective online catalog for lot-specific closing times.

Asset Highlights Include:

• Woodworking CNC routers, boring and machining centers from SCM Group, Biesse, IMA, Weeke and Koch
• Anthon, Homag and IMA Schelling automated panel sizing and processing equipment
• Homag, IMA, SCM and Novimat edgebanding systems
• Sittex automated glue lines and Wemhoner automated press lines
• Giardina finishing and coating equipment with Cefla Smartcoater
• Donatoni bridge saws, CMS waterjet cutting systems and Comandulli stone polishing equipment
• Automated panel loading, stacking and material handling systems
• Doosan, Crown and Toyota forklifts and warehouse equipment
• Industrial dust collection and compressed air systems
• Quartz slabs, butcher block, TFL panels, MDF, cabinet components and other raw material and work-in-process inventory

“In my 17 years conducting auction sales, seldom does the auction world see plants this clean and nice – it’s unbelievable what we have for sale,” said David Barkoff, Senior Vice President of Heritage Global Partners. “There is something here for nearly every level of buyer, from major production lines for large-scale manufacturers and fabricators to individual machines for smaller operators and hobbyists. For companies looking to add substantial capacity, replace machinery or expand existing operations, the sales offer multiple entry points depending on their production needs. We expect strong global interest from cabinet and millwork manufacturers, furniture producers, countertop fabricators and more.”

“With two large facilities located down the street from each other, each with its own closing date, buyers can be very strategic in how they plan their inspections, select the right machines and approach their bidding,” said Lachlan Jackson, Director of Business Development at Heritage Global Partners. “The scheduled previews at both plants will give interested buyers an opportunity to see the sheer magnitude of the offering firsthand and evaluate the assets across both locations.”

Onsite preview: Sept. 14 and Sept. 15 from 10 a.m. to 3 p.m. EDT.

Preview locations:
Sale #2: 1055 Hanover St., Wilkes-Barre, Pennsylvania
Sale #3: 1070 Hanover St., Wilkes-Barre, Pennsylvania

Interested bidders may view both auction catalogs and register to bid.

Heritage Global Partners, Inc. (“HGP”)
HGP is a subsidiary of Heritage Global Inc. (NASDAQ: HGBL). HGP operates under the Industrial Assets business unit and is a full-service auction, liquidation and asset advisory firm which holds a prominent spot in the industrial sectors including Aerospace, Automotive, Aviation, Biotech, Broadcast & Postproduction, Chemical, Electronics Manufacturing, Energy, Food & Beverage, Heavy Construction, Metalworking, Oil & Gas, Pharmaceutical, Plastics, Printing, Real estate, Semiconductor, Solar, Textile & Woodworking, and others. HGP conducts 150-200 auction projects per year, globally.

Heritage Global Inc. (“HG”)
HG values and monetizes industrial & financial assets by providing acquisition, disposition, valuation, and lending services for surplus and distressed assets. This aids in facilitating the circular economy by diverting useful industrial assets from landfills and operating an ethical supply chain by overseeing post-sale account activity of financial assets. Specialties consist of acting as an adviser, in addition to acquiring or brokering turnkey manufacturing facilities, surplus industrial machinery and equipment, industrial inventories, real estate, and charged-off account receivable portfolios through its two business units: Industrial Assets and Financial Assets.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260831362741/en/

David Barkoff
Senior Vice President, Heritage Global Partners
650-759-2242
dbarkoff@hginc.com

Lachlan Jackson
Senior Vice President, Heritage Global Partners
445-267-3647
ljackson@hginc.com

John Nesbett/Jennifer Belodeau
IMS Investor Relations
203-972-9200
InvestorRelations@HGinc.com

Source: Heritage Global Partners

Key Terms

cnc routers technical

Computer numerical control (CNC) routers are automated cutting machines that use computer-guided tools to cut, carve, drill or shape materials like wood, plastic, composites, and metal. They are like a highly accurate, programmable power saw that repeats complex shapes without manual setup. For investors, CNC routers matter because they are capital equipment that drives manufacturing productivity, affects costs and capacity for makers of parts and products, and can signal demand trends in industries such as furniture, signage, aerospace and automotive.

edgebanding technical

Edgebanding is the process of applying a narrow strip of material to cover and seal the exposed edges of panel products like particleboard or plywood, similar to adding trim to hide a raw seam. It affects finished appearance, durability, and manufacturing cost because it prevents moisture damage, improves wear resistance, and can speed or complicate production—factors that matter to investors when assessing product quality, margins, and supply chain risks.

waterjet cutting systems technical

Machines that use a very high-pressure stream of water, often mixed with abrasive particles, to cut or shape materials without heat; they operate like a focused, ultra‑powerful water hose that slices through metal, stone, glass, composites and other solids. Investors care because sales and utilization of these systems reflect demand for industrial equipment, capital spending by manufacturers, and recurring service, parts and consumable revenue—factors that affect manufacturers’ growth, margins and cash flow.