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MMI Business Advisory Launches Auction for Houston Manufacturing Assets

A collection of 21 industrial machines in Houston, Texas, will hit the auction block on June 23, 2026, marking the latest recovery effort by MMI Business Advisory. The sale follows a strategic intervention designed to recoup value for lenders tied to a distressed manufacturing operation.

MMI Business Advisory Launches Auction for Houston Manufacturing Assets
Photo: Bio & News

The upcoming sale features a lineup of high-end equipment, including CNC lathes and vertical machining centers from manufacturers such as Doosan, Mori Seiki, Mazak, and Campro. MMI Business Advisory secured these assets through a collaborative process involving stakeholders and financial partners, eventually moving the inventory to the Machine Tool Bids online platform to cast a wider net for global buyers.

Robert Person, President of MMI Business Advisory and Asset Recovery, noted that the firm handles the entire lifecycle of distressed assets, from initial identification and logistics to the final disposition. By managing the complexities of storage and marketing, the advisory group aims to minimize the administrative weight typically carried by banks during liquidation or bankruptcy proceedings. This project serves as a case study for the firm's broader strategy of providing turnkey recovery solutions across North American industrial sectors.

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