Auction and Liquidation Partnership Announced

Alan Ross Machinery Corp., a vendor of recycling equipment based in suburban Chicago, and Great American Group, a business-to-business auctioneer, have announced a partnership to deliver joint liquidation, auction and appraisal capabilities to the recycling and scrap processing industries.

The partnership has been designed to combine Alan Ross Machinery Corp.’s background in used equipment for recycling and scrap processing with Great American Group’s range of asset management, disposition and financial services.

“Our customers are seeking solutions for navigating this challenging economic environment,” says Rustin Ross, president of Alan Ross Machinery Corp. “A strategic partnership with Great American, combined with an unprecedented three year investment in information technology, process improvement and global branding enables us to deliver an array of surplus asset management and recovery services for even the largest companies in our industry.”

Says Brian Yellen, executive vice president of Great American Group, “Great American has expanded its markets to include Real Estate and intellectual property auctions and liquidations, but we've also added depth to the sectors we already serve. Partnering with Alan Ross Machinery Corp. allows us to reach one of North America’s most successful industries, scrap process and recycling.” He adds, “We’re pleased to have a strategic partner who shares our company's track record of delivering value to customers.”

Alan Ross Machinery Corp. is a privately held, third-generation family-owned company that provides used equipment sales, remarketing and appraisal services to materials processors, leasing companies, banks and appraisers.

Great American Group is an asset conversion specialist for Fortune 500 and 1,000 companies with 32 years of industry expertise in liquidation management, auctions and appraisals. The company has managed more than 1,500 auctions, including assets of GE, Solo Cup and Stardust Hotel and Casinos.