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3 vacant mills in western Massachusetts are sold

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Wednesday, August 6, 2014

Screenshot 2014-08-09 11.14.18

Associated Press

LEE, Mass. — A Wisconsin-based development company has bought three vacant paper mills in western Massachusetts and is talking with local officials and others about how to use the properties.

Niagara Worldwide of Niagara, Wisconsin, bought the Columbia and Greylock mills in Lee and the Niagara Mill in Lenox Dale. The sale prices weren’t disclosed.

Niagara President Eric Spirtas told The Berkshire Eagle ( ) that his company is working with local officials, other developers and prospective tenants on possible redevelopment of the mills, which were closed more than six year ago by previous owner Schweitzer-Mauduit International. Spirtas also says the company will be seeking the public’s input.

The Columbia and Niagara mills date back to the 1800s, while the Greylock Mill was built in the mid-1960s. All three are in residential neighborhoods.


Information from: The Berkshire (Mass.) Eagle, 

Prepared by:
Eric J Spirtas

USA Address:
 – 1101 Mill Street, Niagara Wisconsin 54151
OHIO – 43840 Ohio #7, Hannibal Ohio, 43931
MISSOURI – 6727 Langley Ave., St. Louis Missouri 63123
+1.314.780.3742 Direct – +1.866.735.9925 Fax


Large Press and Machine Shop Liquidation – Creating value from dormant assets! Closing Friday – July 8th

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Niagara Worldwide – Helps Another Client

The Next Ongoing Events


Steel Parts Manufacturing
Tipton, Indiana

Download The Auction Postcard (PDF) View Auction Brochure Flip Book
Download the Steel Parts Lotbook (PDF) Download Rigger List (PDF)

For most small business owners, the thought of liquidation is appalling and grotesque.  The media depicts its general ideas associated with liquidating into your brain:  Front pages of newspapers read bankruptcy, tickers scroll the bottom of your televisions with exponentially increasing debt figures, and small businesses stick up gaudy neon-colored ‘STORE CLOSING SALE’ signs that scream urgency.  With the economy in its current state, it’s not difficult to fall victim of all the hype [and scare].  Yet, the media fails to acknowledge the rest of the liquidation business; the beneficial business strategy of liquidation: converting your obsolete, overstock, salvage, returns, and excess inventory into immediate, upfront, and useable cash.

There are two major forms of liquidation: compulsory and voluntary.  When you hear of liquidation in the media, it is compulsory liquidation, which is when you are forced to liquidate by law.  Compulsory liquidation is the last resort for a business.  It involves selling off every aspect of the business, from their inventory all the way up to their debts.  When a company is compulsory liquidating, they are closing their doors for good.  The latter form, voluntary liquidation, is the unspoken strategy that is used frequently within all Fortune 500 businesses.

Call NIAGARA Worldwide today to see how we can support the re-sale and re-purposing of your industrial assets. 

Eric J. Spirtas – President
NIAGARA Worldwide
715-251-3151 Main Office Telephone

295 Motors SOLD! NIAGARA Worldwide pegs another great sale!

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Written June 24th, 2011 – NIAGARA Wisconsin

From the NIAGARA Development project site in Niagara Wisconsin, Eric J. Spirtas and Burdette Wilber negotiate, prepare and hold another e-auction that has clearly satisfied the seller and the buyers.

The key to designing a successful auction (“Live or On-Line”) requires the knowledge of an experienced auctioneer.  Lot sizes, location, blend of goods, length of sessions…  These decisions are not guesses, but more so proactive strategic determinations that come from years industry exposure.  

A smart customer and a smart liquidator make for a smart auction…  The process is not magic.  There are many ways to fail, but in most cases there are a few ideal paths to success.

A customer must always beware of the (“guarantee”).  There is no such thing, unless the auctioneer is putting up cash to buy the lot at a base number, or truly bonding the results.  Most times the “hustling” liquidator is trying to play on the perceived dollar signs in the eyes of his customer.  

As NIAGARA Worldwide closes another sale, it is important to reflect on the points that aid in running a successful auction.

10 Points on How to Run A Successful Auction!

  1. Because your auction is of a specific nature it is imperative to select an auctioneer that is ideally suited to this type of Auction. For example, a Fine Art Auctioneer is not always the person to select when conducting a charity auction which may include sporting memorabilia and assorted items that have been donated.
    The success of your auction often depends on the ability of the auctioneer and his knowledge of the type of goods being submitted to auction. The hype and spontaneous activity that comes with these types of auctions requires certain qualities such as a quick wit, an ability to “get on with it” and sell for extended periods at a fast pace. Alternatively, more refined auctions such as Fine Art calls for an auctioneer that displays a good level of patience and decorum. Selection of the most suitable auctioneer is sometimes understated and many auctions fail to reach the desired results and standards because of poor selection.
  2. Much credence should be given to the selection of the Auction venue when organising your auction. The venue should reflect the quality and type of auction being held in order to achieve your maximum result. When conducting an auction it is often difficult to judge the projected size of the crowd and therefore the crowd catering in relation to seating and general hospitality is dependant on these factors. It is very important that potential purchasers have the necessary access to auction items in order to ascertain their value and suitability to their needs. Special emphasis should be placed on the venue because too much room or too little room at the wrong venue will be counterproductive to the success of the auction.
  3. Sufficient advertising and promotion of your auction is absolutely critical to it’s success. Select the best possible advertising mediums to expose your specific auction and attempt to reach the target market by way of these mediums. Very careful consideration needs to be given to the target market when deciding on the most suitable advertising campaign. Depending on the type of auction, the time and value of the campaign can vary quite substantially but it is important not to under expose the auction if you wish to maximise the financial result. Having a strong, qualified crowd of buyers goes a long way towards success.
  4. Ensuring that sufficient, trained staff are engaged to assist in all facets of the auction process is very important. The presence of relevant staff members in areas of registration, presentation of items, acceptance and delivery of auction items etc is a critical component of a successful auction.
  5. When conducting an auction of any type it is imperative that the auction items are presented to the public in the best possible condition. In an ever-increasing competitive world, pristine presentation will strongly enhance a seller’s chances of achieving a good price for their auction items. Attention to detail in presentation is sure to be rewarding.
  6. An important part of the auction process is to provide a number of payment options to satisfy the needs of the buying public. These days acceptable methods of payment at the most auctions are cash, personal cheque, bank cheque and various forms of credit card options. Auction items will normally remain on site until full payment is received unless alternative arrangements are made prior to auction. It is important for the auctioneer to make everyone aware of auction payment conditions prior to commencement of the auction.
  7. To continue the smooth operation of the auction process it is important that buyers are able to take delivery of their auction purchases with a minimum of fuss. Trained staff will assist with efficient delivery of items once payment has been made. Safe delivery is an important part of the process.
  8. Re-enforce the absolute necessity to receive full payment for auction items prior to collection by buyers. Failure to enforce the payment policy can be a financial disaster. History tells us that a soft approach in this area of the auction process often leads to moral and financial disappointment.
  9. When formalizing an agreement with an auctioneer it is important to discuss the financial settlement arrangements once the auction is completed. Once again, depending on the type of auction being conducted, the auctioneer (or his agency) will collect the auction proceeds and, in turn, disperse the proceeds to the relevant recipients. Normal deductions prior to release of funds to the seller will include Agents Commission and Advertising.
  10. The information obtained from Buyer Registration forms will provide invaluable contact details for future auctions. The growing of your database of potential purchasers can lead to the ongoing support and success of your auctions for many years to come.

    (“10 Points on how to run a successful auction are a reprinted from find an”)

Call today if you are looking for guidance and support at your facility.  Let us earn you a maximum payout!

Eric J. Spirtas – 314.780.3742 –

Bearings Liquidation a COMPLETE Success! NIAGARA Worldwide shows how assets can be converted to Dollars!

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Adding Value to Still-Valuable Assets
NIAGARA Worldwide agrees with the Investment Recovery Association in its assessment that “Investment Recovery (often referred to by practitioners as “IR”) is the practice of recovering the highest value of assets no longer needed by a company. The IR process begins by identifying idle assets within the organization then reusing or disposing of the surplus; recouping substantial value in the process”.
Think of it this way: Every large organization purchases assets-from office buildings and manufacturing facilities to the equipment and machinery required for operation. Over time, those assets wear out or are no longer needed where they were originally put into service. That’s where investment recovery adds exceptional value.
Closing 3 On-Line Liquidations today
Proves again that NIAGARA Worldwide  is a leading Asset Recovery specialist
In fact, professionally-run IR Departments return over a 30X bottom-line net profit for every dollar invested in investment recovery operations, making it among the most productive departments in any organization!
As experts in surplus asset management, IR professionals employ a unique process to find and identify surplus assets no longer being fully utilized by their organization, then go through distinct steps designed to recoup the highest-possible value from those assets. IR practitioners save their companies-primarily Fortune 1,000 businesses-hundreds of millions of dollars each year.
Contact me anytime for a free estimate, consultation or simply to review the prospect of selling your entire asset bank as a bonified liquidation – redevelopment.
Eric J. Spirtas – 314.780.3742 –

Niagara mill purchased, now what? Aaron Martin of TV6 Explores

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Great article with a wide spectrum of information.

The Niagara Paper Mill was purchased by Niagara Development LLC, who plans to use the mill to attract national business to the area

VIA Niagara mill purchased, now what? THIS LINK TAKES YOU TO VIDEO

The former Niagara Paper Mill is under new ownership and looking to bring in business Read more: Local, Economy, Business, Niagara Paper Mill, Niagara Mill Sold, Niagara Development LLC, Niagara, Paper Mill Sold, Paper Mill Purchase


NIAGARA, WI — UPDATE 5:45 p.m.

We know one thing for sure about the former Niagara Paper Mill…it won’t be a paper mill anymore.

The newly formed Niagara Development LLC officially bought the mill from NewPage last week and is planning on using the property and its assets to attract national companies.

“I’m contacted everyday by a new venture or a representative of ventures that are interested in talking,” said Niagara Development President Eric Spirtas.

Spirtas said power and green energy companies are being targeted, given the equipment and assets available on site.

For Niagara Mayor George Bousley, this is a step in the right direction for the area.

“We’re a community of many small communities, so I guess the thing is I’ve watched this economy grow locally,” said Mayor Bousley.  “Now if we can bring this part back to the local economy, it means that it’s something you can pass onto the next generation.”

While Niagara is still feeling the effects of the mill closing back in 2008, the town’s resilient attitude has Spirtas confident about the future.

“They have the heart and desire to rebuild,” he said.  “Not every town has that, but Niagara does have that.  So we look at it as a great hotbed of development.”

Niagara Development is a private company started by Spirtas and another partner for the purpose of developing the site and bringing businesses to the area.  The company’s headquarters will be in Niagara, however, the partners have no ties to the area.

Also, no information is being released about the finances of the deal between Niagara Development and NewPage.


An official announcement was made on Tuesday about the Niagara Paper Mill being purchased by Niagara Development LLC.  What happens now that the mill has been purchased?

Eric Spirtas, Niagara Development’s president, said that the mill will be used to attract national businesses.  The paper mill and land will be sold, in portions, to different companies.

Niagara City Mayor George Bousley said that it will take three to five years for the full impact of the Niagara mill purchase to be felt by the community.

NewPage finalizes sale in Niagara – Gannett Wisconsin Media

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Closed paper mill, assets purchased

By Nathan Phelps • Gannett Wisconsin Media • February 15, 2011

The property and assets of the former NewPage paper mill in Niagara have been sold to Niagara Development LLC.

Niagara Development plans to market the property to industrial users that can take advantage of the building and the timber shed, according to New North, an 18-county regional economic development organization based in De Pere.

Market development for the site has been focused toward alternative energy, namely those based on woody biomass, according to the release.

“We’re communicating with many and inviting all,” Eric J. Spirtas, president of Niagara Development, said Monday. “A lot of times when people see a plant sitting idle, they think it’s only going to do what it did. … We’re going to be available to any and all.”

New North and the Marinette County Association for Business and Industry have conducted a feasibility study on biofuel production at the site — including cellulosic ethanol production.

“The Niagara, Wis., site has all the components for a state-of-the-art advanced biofuels facility,” Jan Hacker, who conducted the study, said in a press release. “The site has access to significant supplies of raw material, a supplier network already in place, physical infrastructure in the form of large buildings, log yards, air and water treatment systems and both road and rail access.”

Niagara Development purchased 1,500 acres in the deal that closed Friday.

“This isn’t a last-minute purchase … this has been months of analysis and transitional planning,” Spirtas said.

The NewPage Niagara facility permanently closed in July 2008 due to “a significant decrease in demand for coated paper,” according to NewPage, which also closed a mill in Kimberly.

The mill produced about 250,000 tons of lightweight-coated groundwood papers used in magazines and catalogs.

Nathan Phelps writes for the Green Bay Press-Gazette.

Read more:

Thune Press Dewatering Screw Press SP 45L

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Former Niagara “NewPage” Mill – Equipment Sales
Contact:  Eric J. Spirtas TODAY – 314.780.3742 /


Thune Press 

Specific Name                               
Thune dewatering screw press SP 45L

“L” model,  long unit with pre-drainer section

4.16 meters overall

Installed in 1980, well maintained

Material Type
Stainless steel

Capacity Data on Site 

Mechanical Drawing
Proof of Make and Model

 Thune Front Side View


Thune Back Side View


Thune Name Plate

The CUT SHEET above as well as the attached PDF prints and diagrams are for a specific system or piece of equipment.

Please note that we have a massive amount of OTHER EQUIPMENT for your review and pricing (a sample of items are listed below).

Also available for sale are the complete STORES, WAREHOUSE, TOOLS, BEARINGS MACHINE SHOP and  CARPENTRY SHOP.

In addition, ROLLING STOCK and LICENSED VEHICLES will be offered.

We are handling sales on an INTERNATIONAL basis, by direct negotiation.  Offers are being received regularly and equipment is being sold.

Site visits, Rigging, Hauling, Payment Terms and other details can be discussed directly with Eric J. Spirtas – 314.780.3742.

1 DEBARKER Nicolson A5A  22″ 1
2 DEBARKER Manitowoc 1
3 GRINDERS Tampella T1812 4
4 GRINDER MOTORS EM 7000HP AC 327rpm 5
6 STOCK CONTROL SYSTEM Bailey Infi 90 20
7 PRIMARY COURSE SCREEN Bird 400  0.032″ slots 2
  UNKNOWN PRESSURE SCREEN Basket In PGW (North East Bay) 1
8 SECONDARY SCREEN Ahlstrom F2   0.032″ slots 1
9 AIR COMPRESSOR Gardner Denver ElectraSaver 1
10 PORTABLE CRANE 4000lb. Owantona Tool Co. 1
11 SELF PRIMING PUMP Gorman T-Series centrifugal 1
12 CITY WATER PUMP Syncoflo 2
13 WELDER Lincoln Arc 1
14 OILING SYSTEM Vickers Lube DoubleA Hydpum 1
15 HYDRAULIC SYSTEM Atlas Cepco/Sperry Vickers 1

1 #43 HEADBOX Voith W-7500 max12400gpm 1
2 #43 COUCH VACUUM                                                   (2)Siemens2BE3,Nash L-10 3
3 #43 SUCTION PICK UP VACUUM SOURCE Siemens 2BE3,Liquid Ring 2
4 #43FIRST PRESS VACUUM Nash CL-9002,(2) Siemens 3
5 #43 SUCTION FELT VACUUM Nash 904-S1 2
6 #43UHLE BOXES Vacuum Siemens,Nash CI_9002 2
7 #43 COATED DRYING Solaronics gas fired 5 rows 5
8 #43 FAN PUMP Goulds 3420 low-pulse 1
9 #43 FAN PUMP MOTOR ABB   945hp/875rpm 1
10 #43 PRESSURE SCREEN Bird 50 .047″Alstrom basket 1
11 #43TAILINGS SCREEN Jonsson vibrating 39.5×55″ 2
12 #43COATING SUPPLY FILTERS Ronningen-Petter 5
13 #44HEADBOX Voith W-8500 1
14 #44COUCH VACUUM Siemens 2BE3,Liquid Ring 1
15 #441ST PRESS VACUUM Siemens 2BE 1605 1
16 #442ND PRESS VACUUM Siemens 2BE 1606 1
17 #44 COATING SUPPLY FILTERS Ronningen-Petter DCF-2000 4
18 #44THICKSTOCKSCREENING Black Clawson .008″ 3 stage 1
19 #44BLEND CHEST PUMP Goulds #3175 15″dia. Impeller 1
20 #44MACHINECHEST PUMP Goulds #3175 17.75dia. Imp. 1
21 #44FAN PUMP Goulds#3420 split low pulse 1
22 #44TAILING SCREENS Jonsson vibrating 39.5×55″ 2
23 #44 PRESSURE SCREEN Voith 31 .047″rotor3rows 9van 1

1 REFINER Beloit 42″ DD4000 1
  MOTOR Louis Allis 1500 horse AC 1
2 REFINER Sprout Waldron   42″ 1
  MOTOR   1
  MOTOR In North Mill 2
3 REFINER Sprout Bauer 34″ R-34TF III 1
  MOTOR   1
4 REFINER                                                     Beloit 20″ (Rebuilt by J&L) 2
5 WET LAP Andritz Hymac 100″ twin wire press 1
6 SCREW PRESS Thune SP45L      134″ 1
7 TWIN WIRE PRESS Andritz 2.6 Meter  (145tpd) 300t twp 2
8 DRUM WASHER Impco / 4 shower heads per drum 2
9 REPULPER Voith Sulzer   344tpd 1
10 BROKEPULPER Voith Sulzer  with Guillotine 1

1 MOTOR CONTROL CENTERS Allen Bradley Centerline 32
3 MOTOR CONTROL CENTERS Cutler Hammer Freedom 6
4 MOTOR CONTROL CENTERS Cutler Hammer Unitrol 15
5 MOTOR CONTROL CENTERS Furnas System 89 3
6 MOTOR CONTROL CENTERS Furnas System 89 1
9 480 VOLT AC MOTORS 10-2100 HP 941
10 460VOLT AC MOTORS  10-200HP 72
11 125 VOLT AC MOTOR 2500HP 1
13 4160 VOLT AC MOTORS 200-1300 HP 45
14 575 VOLT AC MOTOR 945 HP 1
15 500 VOLT DC MOTORS 10-800HP 76
16 600 VOLT DC MOTOR 1000 HP 1

1 DEWIRE/DESTACK Advanced Dynamics 1
2 ROLL GRINDER Cincinnati   50×338″ 1
3 LATHE LeBlond  19″swingx144″ 1
4 LATHE LeBlond  1
5 JAGENBERG VARI-ROLL WINDER Unwind 110″dia. 6200fpm 1
7 SLUDGE PRESS Andritz  30dtpd 2
8 PULVERIZER CE-Raymond  372 2
9 PULVERIZER CE-Raymond 453 1
10 CHEMICAL MIXER Andritz HCM3HH 300hp motor 1
11 MOTOR for Andritz Unit 300hp 1
12 AUGER for Andritz Unit   1


Eric J. Spirtas
NIAGARA Development, LLC

Site Address:
1101 Mill Street
Niagara Wisconsin, 54151

11469 Olive Blvd – Suite #124
Creve Coeur, MO 63141
314.780.3742 Direct – 314.432.2429 Fax