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3/10/2014
IOWA NEWSPAPER ASSOCIATION

University of Northern Iowa Selling all National Ag-Based Lubricants Laboratory Testing Equipment on Online Auction

22 Years and Closing the Doors

University of Northern Iowa Selling all National Ag-Based Lubricants Laboratory Testing Equipment on Online Auction

The University of Northern Iowa's National Ag-Based Lubricants Center ceased operations in 2014 after 22 years of activity due to the loss of federal funds. Established in 1991, the nonprofit, university-based research and testing facility dedicated to the advancement of bio-based lubricants successfully developed and licensed to market more than 30 products, ranging from multi-grade hydraulic fluids to niche-market greases to gear lubricants.

This center will now be going through a full liquidation sale that will be open to the public. Platinum Bid Auction Service is conducting an online sale of the remaining equipment. Bids are being accepted now through the end of the sale, March 18th at 6pm CST. Everything is selling as is, where is, (360 Westfield Ave., Tech 1, Level 3, Waterloo, IA 50701 ) and will be available for inspection Monday, March 17 from 9am-3pm and the day of the sale, Tuesday, March 18th from 10am-4pm. You may find out more by going to their website: www.platinumbidauctions.com.

"If you are in this specialty market of laboratory testing equipment, you will not want to miss this auction!" Declares Steve Schout, Auction Manager at Platinum Bid Auction Service. This auction will include contents such as Falex-Timken Load Test Machines, B/R Instrument Vacuum Distillation Analyzers, Shimadzu Liquid Chromatograph Mass Spectrometers, Falex Pin and Vee Block Test Machines, Falex Tapping Torque Test Machines and So Much More! These items are being sold directly from the University location.

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Media will be allowed on site with a reservation. Media tours are available upon request during times of Management presence only.

If you would like more information about this topic, or to schedule an interview with Steve Schout, please call Alyssa Zwak at 616-608-8422 or email Alyssa at azwak@platinumbidauctions.com

(Contact: Steve Schout, 616-608-8414, 616-566-6815 (cell), sschout@platinumbidauctions.com)

 

 

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