Oil States Industries to auction surplus equipment in Houston on Sept. 12

On September 17, 2024, Oil States Industries, Inc. will conduct a significant auction of surplus equipment from its Houston plant, managed by Harris Auctions. This event will be held as a live webcast, allowing participants to bid remotely. The auction will feature a diverse range of industrial assets, including a complete CNC machine shop, welding and fabrication tools, cranes, manlifts, trailers, and various tooling and quality control equipment. Jean Harris, Jr., the auctioneer, has highlighted the importance of this event for industry professionals, particularly plant managers and shop owners, who are encouraged to attend. In the days leading up to the auction, pre-auction offers on major equipment will be accepted, providing an opportunity for interested buyers to secure items before the main event. A comprehensive inventory list will be made available for potential bidders, ensuring they can make informed decisions about their purchases. Harris Auctions, based in Houston, is known for its manufacturing equipment auctions, which are conducted both online and on-site multiple times each month. This auction is expected to attract a wide audience of industry bidders from around the globe, reflecting the high demand for quality industrial equipment. The auction represents a strategic move by Oil States Industries to streamline operations and dispose of excess assets, which can help the company focus on its core business activities. This event not only provides a platform for buyers to acquire valuable equipment but also signifies a shift in the company's operational strategy.