Ferromet, Ferrotech assets head to auction

Nov 29, 2012 | 03:31 PM | Lisa Gordon

Tags  shredder, Ferromet, Ferrotech, M. Davis Group, Max Davis, Lisa Gordon

PITTSBURGH — The assets of Ferromet Corp. and subsidiary Ferrotech Inc. are headed for the auction block after no buyer surfaced for the business as a whole.

Auctioneer M. Davis Group LLC has scheduled a court-ordered bankruptcy sale for Dec. 13 at the company’s New Castle, Pa., facility. Equipment and real estate will be sold that day, and bidders can make offers....

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