by Approximately a month ago, I posted the unfortunate news that Windham Weaponry was closing its doors. The statement from Windham included a note that full liquidation would take place within a month or so. Given the notice of an auction I received recently, the liquidation will take place by auction with lots closing on Tuesday, October 17th.
The auction is online at Proxibid.com. A quick look at it shows stripped lowers in lots of 15-20 , other parts, ammunition, and some fully finished firearms. I am a little surprised at the bids on the fully finished firearms as they are higher than I would have expected.
Conversely, many of the parts used to assemble an AR are going for well under cost. The auctioneer has posted the costs of the parts in each lot. For example, Lot No. 646 contains 9mm buffer bumper caps, ejectors, weights, and more related parts. The cost of the parts is said to be $8,951 while the current bid is a mere $60.
A separate auction is being held for the general intangibles such as the company name, goodwill, mailing list of 54,000 names, their website, and social media accounts. This auction closes tomorrow, October 16th at 11am for the acceptance of sealed bids. A 10% deposit must accompany the bid.
The final auction for their machinery, office equipment, trucks, shelving, and other factory or office furnishings is also being held online at Proxibid. This auction starts closing on Tuesday, October 17th at 1 pm. I wish I lived closer as I would love some of their industrial shelving as well as a work bench or two. The prices here are very low. If someone was trying to start up a machine shop or a full-service gunsmithing operation, they could pick up some real bargains here.
It is always sad to see a manufacturing business close its doors. It is doubly sad to see a firearms company going under.