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.

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