ABOUT THE AUCTION
* Inspection/Preview: Dec. 5, 9 a.m. – 4 p.m.* Bidding Opens: Dec. 6, 8 a.m.* Online Auction: Dec. 7 and 8* To Register: Go to www.thebranfordgroup.comSource: The Branford Group
An auction company plans to sell off equipment in the former Chattanooga Alstom steam turbine plant where $300 million was spent to build the factory just six years ago.
James Gardner, one of the partners in The Branford Group, said he expected the equipment in the steam turbine plant likely will fetch a multimillion-dollar figure for new owner GE Power.
"There's a lot of equipment and support equipment useful for many manufacturing facilities," he said. The online auction for the equipment in the 350,000-square-foot plant is slated for Dec.