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/PRNewswire/ -- Screen-printing and embroidery companies can now acquire the remaining equipment assets from Gate NY—formerly a major drop-ship location for...
April 7, 2021 HOLBROOK, N.Y. — April 8, 2021 — Tiger Group is now accepting bids for the April 15 online auction of assets from Holbrook-based embroidery and garment-printing company Gate NY, which had been a major drop-ship location for garment distributors from across the Northeast. Highlights of the auction include screen-printing machines, flash cures, dryers, folders and accessories by brands such as MHM, M&R, Dane, Hix, Interchange, OYO and NEDCO; direct-to-garment equipment by Brother; and embroidery machines and accessories by well-known manufacturers such as Barudan and Hashima...
Other assets up for bid include this 2016 Barudan 12-head, 15-needle embroidery machine. "Embroidery and garment-printing companies are gearing up for a rebirth of live events this spring and summer as the national vaccination campaign progresses," noted John Coelho, a Senior Director with Tiger Commercial & Industrial. "But brand-new equipment is taking months to ship due to disruptions in the supply chain. As a result, this online auction is particularly relevant to the needs of growth-oriented companies in this sector." In addition to equipment such as heat-transfer presses from Stahls and...