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Compass Auctions Selected to Liquidate $30 Million in TVA Surplus

Industry News

Compass Auctions Selected to Liquidate $30 Million in TVA Surplus

Compass Auctions & Real Estate ( www . soldoncompass .com ) is pleased to announce that they have been selected to auction over $30 million of TVA surplus inventory from their nuclear coal fired plant in Hartsville, TN.

“We are humbled at the opportunity and find it refreshing to conduct business with an organization who’s focus is to provide superior service to its clients all over the southeastern United States,” commented Paige Holt, President of Compass Auctions & Real Estate. “The Tennessee Valley Authority is striving to be more efficient and improve the quality of service they offer to consumers.”

Over 22,000 lots of Coal Fire and Nuclear Power Plant replacement parts inventory will be sold at Public Auction from the TVA warehouses located in Hartsville, TN. The inventory consists of new, crated and unused electrical equipment, transformers, valves, pumps, cylinders, Mack trucks, forklifts, road tractors and much more. An extensive list of items to be sold can be viewed at www.soldoncompass.com.

The inventory will be sold in four separate auctions taking place at the Hartsville, TN location on September 24th, October 22nd, and November 19th of 2013. The auctions will be held live with simulcast bidding available to allow buyers from around the world to participate in real time.

“This will be an excellent opportunity for both domestic and international buyers to purchase Nuclear Plant replacement parts that have never been used and have been maintained with exacting standards,” stated Steve Holt, Vice President of Compass.

Compass Auctions & Real Estate is a full service auction and real estate company with locations in Chattanooga and Nashville, TN. Compass offers over 25 years of experience with several divisions available to provide you with the greatest opportunities to market and sell your assets and/or raise funds for your charitable needs. For more information call, (423) 702-6180 or visit www.soldoncompass.com

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