A paper mill in Snowflake, Arizona produced 100% recycled newsprint and specialty paper from their 500,000 sq. ft. manufacturing building. We purchased their entire 20,000-acre site out of bankruptcy, including a landfill and wastewater treatment plant, water rights, and a 52-mile railroad. We then financed Snowflake’s purchase of the railroad to ensure their economic viability and liquidated the structures and equipment over a 12-month period, including a three-day auction.

Graftech manufactured a variety of graphite products. They had a division that was distracting them from their core business, and they needed a way out. We and our partners purchased the entire division, comprised of five facilities in the U.S. and Italy. This included approximately 2 million sq. ft. of manufacturing space, ISO molding, extrusion equipment, inventory and real estate. We funded multiple buyers who purchased four of the plants. After holding an auction for the surplus equipment in the fifth plant, we financed another buyer to step into the right-sized operation and restart the facility.

Par Pharmaceutical was selling their generics pharmaceutical campus which included liquid manufacturing filling capabilities and a distribution warehouse. They struggled to find a strategic buyer, and after two years on the market they needed some relief. PPL Group provided it. We purchased the entire 110-acre campus, including three facilities totaling more than 800,000 sq. ft. We conducted a series of auctions for select equipment, funded a contract manufacturer to lease the liquids building with equipment, leased the second building to a non-pharma manufacturer, and are currently remodeling the third facility.