Compass Auctions & Real Estate To Sell Over $30 Million Of TVA Surplus Nuclear And Coal-Fired Inventory

Friday, September 20, 2013

Compass Auctions & Real Estate has been selected to auction over $30 million of TVA's nuclear and coal-fired plant surplus inventory from multiple locations throughout the Southeast.

"We are humbled at the opportunity and find it refreshing to conduct business with an organization whose focus is to provide superior service to its clients all over the Southeastern United States," commented Paige Holt, president of Compass Auctions & Real Estate.

"The Tennessee Valley Authority is striving to be more efficient and improve the quality of service they offer to consumers."

Over 22,000 lots of Coal Fire and Nuclear Power Plant replacement parts inventory will be sold at public auction from the TVA warehouses located in Hartsville, Tn. The inventory consists of new, crated and unused electrical equipment, transformers, valves, pumps, cylinders, motors, Mack trucks, forklifts, road tractors and much more. An extensive list of items to be sold can be viewed at www.soldoncompass.com.

The inventory will be sold in four separate auctions taking place at the Hartsville location on Sept. 24, Oct. 22, Nov. 19 and Jan. 14. The auctions will be held live with live internet bidding available to allow buyers from around the world to participate in real time.

"This will be an excellent opportunity for both domestic and international buyers to purchase nuclear, coal, gas and water plant replacement parts that have never been used," stated Steven Holt, vice president of Compass.

Compass Auctions & Real Estate is a full-service auction and real estate company with locations in Chattanooga and Nashville. Compass has over 25 years of experience with several divisions. For more information call, (423) 702-6180 or visit www.soldoncompass.com


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