Powerquest Boats holds liquidation auctionPosted on
Michigan’s Powerquest Boats is liquidating by order of a secured creditor, the company announced, with all assets, remaining equipment and boat molds to be sold to the highest bidder via online auction.
“Powerquest is just one more well-known Michigan company that has been the victim of a sluggish economy,” according to a statement. “Powerquest boats were recognized for years as some of the more prestigious and classy boats on the lake.”
The preliminary offering of the boat molds ends Tuesday via sealed-bid auction through Orbitbid.com. The sealed-bid auction will feature all of the boat molds and accompanying templates from the Powerquest Boats manufacturing facility. This initial offering features several models such as the 320, 300, 290 and 280 sport cruisers, larger models up to the 380 Avenger, and smaller models down to the 220 Raizor and more.
To preview items or get a copy of the sealed bid form, contact Jon Kuiper at (616) 560-4992. All bids must be submitted no later than 5 p.m. (local time) Tuesday.
The second, and main auction event, will be the online plant liquidation Dec. 13 and will feature New Mercury racing Mercruiser 525 motors, in-production Powerquest Boats, a full line of boat molds and more.
Those interested can preview these items anytime online at Orbitbid.com or in person from 9 a.m. to 4 p.m. Dec. 12 and on sale day from 8 a.m. to 5 p.m. (local time).