Phoenix acquired an unused 17,000 lbs/hour (7,748 kg/h) freeze concentration plant located at the Starbucks facility in Augusta, Georgia. The system consisted of four identical processing lines, installed in 2013, but never commissioned due to a project cancellation. Starbucks required the equipment to be removed to make space for a new project. Phoenix executed a purchase agreement, completed payment, and committed to removing the plant within a defined timeline. Multiple prospective buyers were developed, and Phoenix successfully sold two lines to a citrus extract manufacturer in Latin America. The removal, match-marking, crating, and preparation for overseas shipment were completed by Phoenix. The remaining unsold units were transferred to Phoenix’s storage yard for future resale opportunities.
Summary
Timeframe: August 2023 – August 2024
Service: Plant Acquisition & Relocation
Value:$1,500,000
Result
The freeze concentration plant was removed by Phoenix on Starbucks’ timeline. Two lines went to a citrus processor in Latin America, and the remaining units were sold to multiple buyers for varied projects—enabling fast deployment and significant savings over new equipment for the buyers.