Michigan Steel assets slated for auction

Jun 11, 2013 | 05:23 PM | Thorsten Schier

Tags  Michigan Steel Inc., steel foundry, default, asset sale, auction, Vaughn W. Makary, Wardrop & Wardrop, Robert F. Wardrop West Michigan Steel Foundry

NEW YORK — Michigan Steel Inc.’s assets and real estate are slated for auction July 10 after the foundry went into default earlier this year.

"The event starts ... with the sale of the real estate, a 17-acre lot on Lake Muskegon (Mich.). The sale of the foundry’s equipment, systems and machinery will follow," auction house Stuart B. Millner & Associates, Union, Mo., said.....

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