Auto Industry Supplier M&S Manufacturing Company Closing



    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.