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At every Rabin auction, you’re bound to come across some interesting equipment. Invariably, however, some lots are always more eye-catching than others. For this Keurig auction, the coolest piece of equipment is a component within the Schneider Case Packer, the FANUC Robotic Arm.
Posted: 9/18/2017 2:08:35 PM by Grace Tsai
Paper mills are generally enormous sites with a large number of employees, with one of the largest in Indonesia located on a 6.7 square mile site. So with so many closures occurring, what happens to these huge facilities that are gutted and left behind?
Posted: 6/30/2016 2:01:17 PM by Grace Tsai
There is no shortage of news articles about paper mills closing and contributing to the decline of the paper industry in general. With electronic communication taking over both at work and at home and replacing much of what used to be the paper industry's bread and butter, it's no wonder that the once thriving industry that saw over 400 mills in the U.S. back in 2005 now struggles to keep 300 mills open and faces closures every day.
Posted: 6/30/2016 10:55:04 AM by Grace Tsai
We already discussed the ongoing turbulence in the crude oil market; but the repercussions can be felt in far more than just the energy industry. With the general uncertainty of when oil prices will recover, it's worth knowing how other commodities are affected.
Posted: 3/8/2016 12:28:31 PM by Grace Tsai
When gas prices first began dipping mid-2015, Americans consumers celebrated. The cost of a barrel had been cut by more than 60 percent since June of 2014, and by the time Labor Day rolled around in 2015, gas prices were at 2004 levels. This translated to more than 5 percent of gas stations nationwide selling gas for less than $2 per gallon.
Posted: 3/8/2016 11:54:20 AM by Grace Tsai
Read our thoughts about industry trends and current news in the auction world.