Professional Memberships
National Auctioneers Association
Illinois Auctioneers Association
Machinery Dealers National Association
Heath Industrial has been helping businesses, banks, estates, and bankruptcy trustees convert industrial assets into maximum cash value for over four decades. Whether you need to liquidate a single machine or an entire plant, our team manages every aspect of the auction process — from initial evaluation and marketing to day-of management and final settlement.
We specialize in manufacturing, metalworking, woodworking, food processing, printing, and general industrial equipment — the assets we sell every day. That real-world expertise means better pre-sale estimates, smarter marketing, and stronger results at the block.
We match the right auction format to your assets, timeline, and goals — maximizing returns while minimizing hassle.
Conducted at your facility, on-site auctions create energy and urgency that drive competitive bidding. Buyers inspect equipment in person, increasing confidence and final prices. Best for large plants and complete facility liquidations.
Our online-only auctions reach a national — and global — buyer pool from day one. Bidding opens for days, giving buyers time to research and compete aggressively. Ideal for smaller lots, specialty equipment, or when on-site access is limited.
The best of both worlds: live on-site bidding combined with simultaneous online participation. Remote bidders compete in real time with floor bidders, dramatically expanding your buyer audience and driving stronger results.
Everything sells to the highest bidder, regardless of price. Absolute auctions generate maximum attendance and urgency — buyers know there are no minimums, so bidding is aggressive. Ideal when a fast, complete liquidation is the priority.
Buyers submit confidential written offers by a set deadline. Useful for high-value individual assets, sensitive business situations, or where a controlled, private sale process is preferred over a public event.
Negotiated directly between buyer and seller with Heath Industrial as your agent. Appropriate for specialized or high-value equipment with a limited buyer pool, or when discretion is important to all parties.
From first call to final check, we manage every detail so you can focus on what's next.
We visit your site, review the equipment, and give you an honest assessment of auction potential — at no charge. You'll know what to expect before signing anything.
We agree on format, date, and terms. Our contracts are straightforward. We work around your timeline — whether you need to sell in two weeks or two months.
Our team professionally photographs and catalogs every lot. Accurate descriptions and quality photos are the foundation of strong bidder interest and competitive prices.
We reach qualified buyers through our proprietary bidder database, industry publications, trade associations, email campaigns, and targeted digital advertising — locally and nationally.
Our experienced auctioneers and support staff handle registration, bidding, clerking, and buyer relations. We run organized, professional events that protect your assets and your reputation.
You receive a complete itemized settlement report and your net proceeds — typically within 30 business days of the auction. Fast, transparent, and accountable.
We serve a wide range of clients throughout the Midwest and beyond, whenever industrial assets need to be converted to cash.
Retiring owners, corporate restructuring, plant consolidations — we help you extract maximum value from equipment you no longer need.
Plant closing liquidations →Collateral liquidation, loan workouts, and REO dispositions handled by auction professionals who understand your compliance and timeline requirements.
Bank & lender sales →We provide orderly, documented liquidation of industrial estate assets — delivering fair market value and clean settlement records for attorneys and beneficiaries.
Chapter 7 and Chapter 11 asset sales conducted with the transparency and documentation that trustees and courts require. We have extensive experience in court-approved liquidations.
Bankruptcy & court sales →Surplus equipment, facility upgrades, and fleet disposals managed efficiently on your schedule, with full reporting for internal accounting and compliance needs.
Partner with us to move inventory quickly, access our buyer network, and offer your clients a reliable auction option as part of your suite of services.
Our auctioneers and appraisers have hands-on experience across the full spectrum of industrial equipment — not just general knowledge, but real market insight.
Don't see your equipment type listed? Contact us — we handle it all.
Our team has been buying and selling industrial equipment since 1985. We know what sells, what it's worth, and who buys it — knowledge you can't replicate from a desk.
We've built a deep network of active, qualified industrial buyers across the Midwest and nationwide. Your auction launches with a ready audience, not starting from zero.
Cataloging, photography, marketing, logistics, auction management, collections, and settlement — we handle every piece so you don't have to coordinate multiple vendors.
Our USPAP-certified appraisers work alongside our auctioneers. Pre-sale valuations give you realistic expectations and help establish reserves when appropriate.
No hidden fees or surprise deductions. Every project is priced individually, and our commission and any setup fees are explained clearly upfront so you know exactly what to expect at settlement.
All of our auctioneers are fully licensed and bonded in Illinois and surrounding states, giving sellers and lenders the legal protection and accountability they require.
When a facility needs to clear quickly — lease deadlines, bank timelines, court orders — we can organize and execute an auction in as little as two to three weeks.
Based in Hoffman Estates, IL, we operate throughout the Midwest while drawing buyers nationally through our online platforms and industry advertising relationships.
Call us for a free, no-obligation consultation. We'll review your assets, give you a realistic picture of what auction can achieve, and build a plan around your timeline.