Hilco Industrial, in partnership with Aaron Kendell Packaging Equipment (AEK), has agreed to sell surplus assets to the ongoing operations of Weaver Popcorn.
These assets include late-model, general-use packaging and support equipment that can be utilized throughout the food processing industry.
In addition, there is a select group of equipment specific to the popcorn and microwave popcorn industry.
The equipment, some of which was never used or installed, is located in storage warehouses in Reno, Nevada, and Huntington, Indiana, includes horizontal pouch machines, bag makers, microwave popcorn equipment, seasoning drums, pouch feeders, vertical form/fill/seal machines, multi-head combination scales, cartoners, case sealers, case erectors, case packers, labelers, check-weighers and more.
The Weaver Popcorn Company (Weaver), is one of the largest popcorn companies in the United States.
Founded in 1928 by Ira E. Weaver, whose family still controls the company, it develops, grows, processes, packages, and ships a variety of popcorn products for sale around the world.
Hilco Industrial provides industrial asset disposition services, specializing in machinery, equipment and inventory auctions and negotiated sales.
AEK combines the expertise, financial resources and global reach of Aaron Equipment Company and Kendell Equipment.
Source: Company Press Release.