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Proposals invited for liquidated wood plant

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Ian Wyles Auctioneers is accepting offers for a nationally known engineered hardboard and softboard manufacturing plant at Estcourt.

The industrial property at 57 Broomcliff Road was the operating premises of Evowood (formerly Masonite) which shut in July and is now under voluntary liquidation.Offers close at 2pm on October 3.

The plight of the company made the news and Evowood is again likely to come into the spotlight with its voluntary liquidation.

It was established in Estcourt in 1948 and became the biggest employer in the commercially thriving Midlands town.

Andrew Giddy, property manager at Ian Wyles, says the factory, which has its own rail siding, was one of the biggest engineered-board producers in the southern hemisphere with its former name Masonite virtually synonymous with hardboard and softboard products.

“The liquidation of this trading entity has placed a wide range of plant, equipment and vehicles on sale and the disposal of the assets has attracted national interest,” says Giddy.

Tenders are being invited for:

* The sale of the property, as well as the plant, equipment and vehicles.

* Lease of the property and the plant, equipment and vehicles.

* Sale of the plant, equipment and vehicles only.

* Sale of the 30.2 hectares of land which housed the plant.

The wide-ranging improvements of the plant include over 16500m² of main factory and warehouse space, 12000m² space for kilns, over 9500m² for finishing, 2900m² for coating, 4750m² for fabrication and a 5500m² dam.

The site also has a training centre, laboratory and stores.

“The Evowood factory is ideally located for national sales and exports.

“Its major markets are located across South Africa and Australia, so it is important that it has easy access to the N3 to Gauteng, Free State and the port of Durban,” says Giddy.

“The fact that it has its own rail siding is another major advantage.”

Further information about purchase proposals is available from Val Naidu at 031 579 4403 or Kuban Naicker at 082 601 3883 or visit www.ianwyles.co.za.

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