American Iron Horse Sale

 Just in case someone needs some butt jewelry.



AMERICAN IRON HORSE FILES CHAPTER 11

July 10th, 2009

The latest chapter in an American motorcycle manufacturer will take
place next week as they hold a liquidation sale on the road to
re-organization. American Ironhorse Motorcycles of Forth Worth, TX,
was considered by some as the largest manufacturer of custom
motorcycles. Regardless of why the company arrived where it is today,
the liquidation is the next step in Chapter 11 Bankruptcy as they
express  public intentions to reorganize and continue manufacturing
state of the art custom motorcycles in a new right-sized facility.

The liquidation sale is being managed by Liquid Asset Partners who
have been retained to sell American Ironhorse Motorcycles back log of
over 100 custom motorcycles, excess manufacturing equipment and 7
million dollars in excess parts and accessories.

 "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
can buy not only the motorcycles but also the tools and parts from
which they were made," Melvin notes.



The Bankruptcy Court orders state most of the factory equipment must
be sold, millions of dollars worth of parts as well as over 100
motorcycles. The liquidation sale starts Wednesday July 15th at the
American Ironhorse Factory in Fort Worth, TX, and will remain open to
the public everyday until everything is sold. Potential buyers may
view bikes online or at the factory, where it's possible to see where
and how they were made

"We have no illusions, the market is very soft and we are prepared to
deeply discount everything," Melvin says. "It's stacked high and we're
selling it cheap. Everything must be sold regardless of cost or loss."



I'll stick with Milwaukee made..

YMMV

SKooter

 SKooter Bum wrote:

  That's funny, they don't know what the word *custom* means just like a
lot of people don't know what the word *restored* means.




  nobody #1

 

yeah , they were one of the first ones to go

AND if I remember correctly at the Volusia county fairgrounds in March
they were auctioning off about 100 Iron Horses