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Maltz Auctions to Auction Fully Equipped Solar Manufacturing Company in Kingston, New York

CENTRAL ISLIP, N.Y., Oct. 15, 2014 (GLOBE NEWSWIRE) -- Maltz Auctions, a premier full-service auction company serving the New York metropolitan region, announced today that it has been retained by New York State Urban Development Corporation d/b/a Empire State Development to auction a fully equipped solar panel manufacturing company in Kingston, New York, that previously operated as Solartech Renewables, LLC. The property will be sold as lots or in bulk bids on Friday, Oct. 24, 2014, at 12 noon at 300 Enterprise Drive in Kingston New York.

Assets include a Spire Solar Assembler 6000 with Layup Option, Glass Washer, Busing Station, Inspection Station, EVA Cutting Station, 1834N Laminating Machine, Edge Trimming Station, Frame Press Station, Junction Box Station, Sun Simulator 4600SLP, Hi-Pot Station, Gel Test Station, Agro 2200LE, Commercial Series System (2 Poly 1,000 Gal. Tanks), QRS 20 HP Compressor and additional miscellaneous spare parts.

"This distinctive opportunity will prompt a lot of interest both locally and online," said Richard Maltz, vice president of Maltz Auctions. "Some of the items might even create bidding wars."

The Kingston facility is just one of many assets auctioned by Maltz Auctions. Maltz Auctions specializes in real, personal and intellectual property auctions. The company also offers expertise in liquidations, appraisals, and real estate brokerage.

"Our services enable owners to establish liquidity from illiquid assets," said David Maltz, the company's president. "We continue to make it possible for bidders to secure real estate, automobiles, jewelry as well as heavy equipment that they might not previously have been able to afford."

To learn more about Solartech Renewables and about Maltz Auctions, including its 20-plus currently scheduled auctions, visit MaltzAuctions.com.

About Maltz Auctions

Maltz Auctions is a premier, full-service auction company specializing in creating liquidity through the auction method of marketing. Now a $100+ million company with an impeccable reputation for professionalism, integrity and success, Maltz Auctions has conducted thousands of auctions on behalf of such clients as the U.S Bankruptcy Courts and financial institutions throughout the country, the U.S. Department of Justice, Internal Revenue Service, Small Business Administration, as well as law firms, private individuals and corporations, nationwide. The 35-year-old firm is nationally recognized as a trusted name in excellence and achievement.

CONTACT: Kerry Gillick-Goldberg kerry@kggpr.com 516.455.3179Source:David R. Maltz & Co.