The entire contents of Saint-Gobain PAM UK’s historic Holwell Works foundry in Melton Mowbray are up for auction following the closure of the site at the end of last year.
Established in the 1870s, the Holwell foundry has been a significant part of Melton Mowbray’s industrial heritage for over 150 years thanks to its success in manufacturing access covers and gully gratings for the road, water and utility industries. But Saint-Gobain took the decision to close the site and transfer production to its sister facility in Blénod, France to reduce carbon emissions and help its customers reach their net zero ambitions.
Under this significant contract, NCM Auctions will execute a comprehensive site clearance programme at Holwell Works, the contents of which includes a wide array of specialist foundry equipment, including induction furnaces, dip ovens, manipulators and overhead magnet cranes, along with robotic welders, lathes, milling machines, compressors, conveyors, hoppers and much more. The programme will combine careful decommissioning with optimised asset value recovery through an auction and private treaty sales.
While some companies may wish to dispose of only several high-value assets, PAM is committed to a sustainable approach by repurposing and recycling equipment and machinery across the site. This approach benefits the local community, small businesses, and charities and prevents these items from ending up in landfill.
Amy Rutherford, Partnership Lead at NCM, said: “This contract award from Saint-Gobain PAM represents a significant milestone for NCM Auctions and reinforces our position as a trusted and leading partner for specialised industrial site clearances like the Holwell Works site.
“Saint-Gobain PAM’s commitment to sustainability aligns with our approach, where valuable resources are repurposed, recycled and reintegrated into the circular economy.
“Due to the size and scale of this site, the auction includes hundreds of assets, from specialist foundry and steelmaking lines to industrial machinery that will be suitable for a wide variety of manufacturing applications. We’ve already had a lot of interest from overseas buyers.”
The catalogue is online now and bidding ends at 1pm on 20 February.
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