Textile plant assets on offer

● Ian Wyles Auctioneers has been instructed to dispose of the plant and ancillary assets of Gelvenor Consolidated Fabrics in an online auction which commenced on March 29 and closes at 3pm on April 16.

Gelvenor Fabrics is recognised as a leading textile manufacturer and fabric engineering company. Products manufactured include a variety of aeronautical textiles, industrial fabrics, protective workwear, technical apparel and highperformance outdoor textile fabrics, manufactured for both local and global markets.

Facilities comprise equipment for warping and sizing, waring , dyeing, finishing, coating, multiaxial/UD technology and a Sonas -approved laboratory.

Offers to purchase can be submitted for the plant as a whole, departments or individual assets.

Such assets comprise Tsudakoma, Luwa and Dorniers Genkinger looms, Picanol air-jet looms, inspection machines, stentners, warpers, dyeing equipment, boilers, compressors and more. A full inventory of assets on auction can be accessed on the Ian Wyles Auctioneers website: www.ianwyles.co.za. For additional information, contact Ian Wyles on 082-490-3517.