Sealed-Bid Private Treaty · bonnette auctions · Vidalia, Louisiana
1 King Timahoe Drive · Vidalia, Louisiana 71373
Former Fruit of the Loom denim manufacturing complex — industrial textile machinery offered in two sealed-bid packages
How to Bid
The Vidalia Mills equipment is being offered on a sealed-bid private-treaty basis in two distinct packages. Bid on one, the other, or both. Each package requires one combined offer covering all lots in that package — no partial bids. Bids are evaluated on a combination of price and proposed removal timeline. Submit all offers by Wednesday, June 17, 2026 · 10:00 AM CT.
Important: A faster removal timeline may be favored over a higher bid. The lender requires the facility cleared promptly — bids are weighed on a combination of price and speed of removal. Propose the shortest removal window you can realistically meet (maximum 80 days from written acceptance). Inspection of equipment is available by appointment prior to submitting a bid.
European Spinning & Textile Machinery — One Combined Bid
The Equipment Vault comprises 65 lots of core European spinning and textile machinery — the flagship equipment of the Vidalia Mills operation. One combined bid covers all 65 lots. Highest qualifying bid wins the entire package.
This collection represents a rare opportunity to acquire a production-ready European spinning line in a single transaction, including complete Trützschler blow room and carding systems, multiple generations of Rieter draw frames, Schlafhorst Autocoro 312 open-end rotor spinning machines, Zinser Saurer RM 351 ring spinning frames, Suessen Fiomax 1000 ring spinning frames, Rieter roving frames, and Saurer Schlafhorst cone winding systems.
All Remaining Lots — One Combined Bid
The Balance of Auction comprises 552 lots covering the full breadth of the facility's remaining inventory — everything outside the Equipment Vault. One combined bid covers all 552 lots. Highest qualifying bid wins the entire package.
Contents include material handling equipment (forklifts, scissor lifts, overhead cranes, conveyors), industrial fans and dust collection systems, air compressors and dryers, boilers and utilities, textile finishing and fabric preparation equipment, face mask manufacturing lines, laboratory and quality testing equipment, office furniture, and a broad range of facility support equipment and supplies.
Bid Terms & Settlement
| Bid Deadline | Wednesday, June 17, 2026 · 10:00 AM Central Time — all bids must be received by this time |
| Format | Sealed-bid private treaty · one combined bid per package · no partial-lot bids accepted |
| Buyer's Premium | 15% added to the total bid amount |
| Payment | Wire transfer in full within 24 hours of written acceptance |
| Condition | Sold as-is, where-is · inspection by appointment prior to bid submission |
| Bid Submission | Email completed bid sheet to JFisher@RedfieldGroup.com |
| Confidentiality | All offers held in strict confidence until the close of the offer window |
| Responsibility | Rigging, dismantling, loading, and transportation are 100% buyer responsibility. Neither Redfield Group Auctions nor Bonnette Auction & Realty will load, rig, or remove equipment. |
| Removal Period | Buyer proposes their removal timeline on the bid sheet — maximum 80 days from written acceptance. A shorter proposed timeline may be favored over a higher bid. |
| Rigging Referral | A rigging company referral and quote are available upon request. Buyer is not obligated to use the referred company. |
| Site Access | Monday–Friday, 8:00 AM – 5:00 PM Central Time · 48-hour advance notice required · after-hours access by written approval only |
| Insurance | Certificate of Insurance naming Redfield Group Auctions, Bonnette Auction & Realty, and Vidalia Mills as additional insureds required 48 hours before any on-site work begins |
| Late Removal | Equipment not removed within the buyer-proposed period is subject to storage fees of $10 per lot, per day |
Questions & Answers
What is a sealed-bid private treaty sale?
All bids are submitted confidentially by the deadline and reviewed together. There is no public bidding or counter-bidding process. The highest qualifying offer — evaluated on both price and proposed removal timeline — is selected. All bids remain strictly confidential until the close of the offer window.
Can I bid on just one package?
Yes. The Equipment Vault (65 lots) and the Balance of Auction (552 lots) are separate bid packages. You may submit a bid for one, the other, or both. Each package requires its own bid sheet and one combined offer covering all lots in that package.
How important is the removal timeline in the evaluation?
Very important. The lender requires the facility cleared promptly, and bids are evaluated on a combination of price and speed of removal. A lower bid with a shorter, more realistic removal timeline may be selected over a higher bid with a longer one. Propose the shortest window you can genuinely commit to — maximum 80 days from written acceptance.
Can I inspect the equipment before submitting a bid?
Yes. Inspections are available by appointment prior to the bid deadline. Contact Bonnette Auction & Realty at info@bonnetteauctions.com or Redfield Group Auctions at JFisher@RedfieldGroup.com to schedule.
How do I obtain the bid sheets?
Email JFisher@RedfieldGroup.com to request the bid package for either or both lots. Completed bid sheets must be returned to the same address by June 17, 2026 · 10:00 AM CT.
Who is responsible for rigging and removal?
Rigging, dismantling, loading, and transportation are entirely the buyer's responsibility. Redfield Group Auctions and Bonnette Auction & Realty do not load or rig equipment. A rigging company referral is available upon request, though buyers are not obligated to use it. A signed Rigging & Removal Agreement is required before any on-site work begins.
What are the payment terms upon acceptance?
Wire transfer in full within 24 hours of written acceptance. Buyer's premium of 15% is added to the accepted bid amount. All equipment is sold as-is, where-is, with no warranties expressed or implied.
Bids due Wednesday, June 17, 2026 · 10:00 AM CT · all offers held in strict confidence
