ScooteringUSA

There is another large business that has been added to the list of casualties of economic downfalls as American Ironhorse Motorcycles files for chapter 11 in the light of worsening economic conditions. Once known as one of the largest chopper manufacturers in the world, American Ironhorse Motorcycles plans to reorganize in the way that most businesses such as GM has done.

The company intends to reorganize and continue manufacturing custom motorcycles in a new efficient sized facility. Liquid Asset Partners, LLC of Grand Rapids, MI, has been retained to sell their back log of over 100 custom motorcycles, excess manufacturing equipment and 7 million dollars in excess parts and accessories.

Hence there will be a liquidation sale as part of the court ruling to sell everything that would be excess to the new downsized operation.

“This will represent one of the largest sales of custom motorcycles ever sold directly from a manufacturing facility!” says Bill Melvin Jr, CEO of Liquid Asset Partners. “These Custom Choppers, which are rolling art, are selling at enormous discounts, right off the factory floor. For anyone who has enjoyed the Chopper Builders on TV, it’s really quite a sight to see a chopper factory in person. The Public is welcome. They can buy not only the motorcycles but also the tools and parts from which they were made.”

(Source) Press