Auto Industry Supplier M&S Manufacturing Company Closing

HUDSON, Mich.--One of the largest, most modern and sophisticated machining facilities in the world, operated by Hudson, MI-based M&S Manufacturing Company, has closed its doors. All assets will be sold at a 5-day public auction sale commencing March 26, 2007. Hilco Industrial, LLC, has been selected to conduct the sale.

M&S Manufacturing is a contract precision machining supplier, principally to the automotive industry. Over 200 major machines to be auctioned include Index and Nakamura brand CNC turning centers, Hydromat brand rotary transfer machines, and large numbers of miscellaneous machining devices from well-known brands such as National Acme, Tornos Bechler, Miyano, Techno Wasino, Micron, Takamaz and Traub. Other assets to be auctioned include a complete state-of-the-art tool room with significant quantities of CNC, screw machine and perishable tooling; QC and inspection tooling and accessories; vehicles; and, shop and factory supplies.

“This is an unprecedented opportunity for buyers to realize great savings on hard-to-acquire, late model, well-maintained equipment,” said Robert Levy, President of Hilco Industrial. He added, “It is rare for this many pieces of state-of-the-art equipment to become available in one place at one time.”

The auction is scheduled to be held from March 26 to March 30 at the M&S Manufacturing Company plant, located at 550 East Main St. in Hudson, MI. For a complete listing of equipment and auction details, visit www.hilcoind.com.

About Hilco Industrial, LLC

An international leader in WebCast, on-site and on-line machinery and equipment disposition services, Hilco Industrial [www.hilcoind.com] designs, implements and manages state-of-the-art sales and marketing programs to achieve maximum returns. Core competencies include understanding the true marketable value of industrial assets and the know how to sell them at the maximum recoverable value, in the shortest possible timeframe, with minimal expense. Hilco auctioneers, appraisers, liquidators and consultants have an average of 30 years experience. They have conducted well over 4,500 sales events generating in excess of USD 3.5 billion on a global basis. Hilco Industrial is a unit of The Hilco Organization [www.hilcotrading.com], a world leader in the valuation, acquisition, disposition and specialized debt and equity financing of business assets.