YELLOW TAG AUCTIONS, LLC
CHESNEE, SC

YELLOW TAG AUCTIONS, LLC, CHESNEE

Yellow Tag Auctions, Your Online Equipment Auctioneer. We can sell assets from your location or from one of our warehouses. At Yellow Tag Auctions we work to bring Buyers and Sellers together in our global online auction marketplace. We work with businesses of all types and sizes providing a proven sales channel for their idle assets and excess inventory. Our auction professionals have worked for over 20 years to build an unsurpassed background of helping Sellers maximize the return on their idle asset sales. We have the experience and knowledge to bring any type of equipment or inventory into our online marketplace and work with each Seller to design a program that is right for them and right for the assets they have to sell. We work with Global Fortune 500 Companies, Financial Institutions, Bankruptcy Professionals, and sole proprietorships. Yellow Tag Auction is a licensed auction firm in South Carolina, North Carolina and Georgia. Andy is co-founder and CEO of Yellow Tag Auctions. He is also the founder and CEO of Tex-Mach, Inc. a full service textile and industrial equipment dealer started in 1988. Andy began buying and selling textile and industrial equipment in the early 80’s after obtaining an engineering degree from Clemson University. He was a pioneer in bringing increased professionalism to the pre-owned industrial and textile equipment business working with mill and factory owners around the world to maximize returns on idle assets. He is a member of the National Council of Textile Organizations and Southern Textile Association. He also serves in numerous charitable capacities including: a Trustee at the Spartanburg County Foundation, a board member for the Spartanburg Regional Healthcare System Foundation – Cancer Board, and St. Luke’s Free Medical Clinic. Michael is co-founder and Vice President of Operations for Yellow Tag Auctions. He has been actively involved in the industrial and commercial auction and liquidation business since graduating from UCLA in 1985. He has overseen the execution of over 200 live auctions including the six day auction of Todd Shipyard in San Pedro, CA. In 2000 he became a pioneer of the online auction business in the industrial and commercial arena. He worked for .com startup TradeOut.com as Director of Industrial Auctions for their Western Region and then moved to Asset Auctions where as Vice President he oversaw the development of multiple new market segments including Government Auctions, Textile Mill Auctions and Internal Redeployment Systems. Chris graduated from Clemson University with a Degree in Business Management and received his MBA from The Citadel. He has spent the last 6 years as a consultant with Northwestern Mutual, helping both individuals and business with financial planning. He has been involved with Andy and Bob at Tex-Mach in multiple areas over the past 10 years. He joined Yellow Tag Auctions at its inception. Robert studied Economics & Mathematics at the University of South Carolina. He has ten years of experience in sales and data analysis. Before joining Yellow Tag Auctions he developed an Inventory Forecasting System for the Food & Beverage Industry. Robert joined Yellow Tag Auctions in 2012. Lane is a lifelong resident of Spartanburg. He graduated from Newberry College with a Bachelor of Science Degree in Accounting. He has fifteen years experience working in all areas of financial accounting. Lane joined Yellow Tag Auctions in 2013 as the Controller. Daniel is the Program Manager for Unclaimed Property at Yellow Tag Auctions. He graduated with a Bachelor of Science Degree in Business Administration from Winthrop University. He has seven years of experience in project management and operations. Daniel Joined Yellow Tag Auctions in 2014. I am pleased to provide a very positive reference on behalf of Yellow Tag Auctions. We have been utilizing YTA services since March 2013. YTA has been responsive, trustworthy, and consistently professional in all of our transactions. We have primarily used YTA to sell our expired or obsolete medical devices, sewn nylon product container bags, After 25 years as a restoration contractor, I realized the time had come to downsize my contracting and equipment rental business. Having purchased equipment at auction for almost three decades, I knew that no auction company had ever conducted a restoration equipment sale of this magnitude. I selected Yellow Tag Auctions because they met several On behalf of myself and members of the Ivey family, we thank you for all of the work you did on our behalf. Facing the prospects of identifying and disposing, in a commercially reasonable manner, all of the business assets which had accumulated over a 55 year period was almost too much to contemplate. Your I am very satisfied with the service Yellow Tag Auctions provided to Dubin Metals Inc. The photos and videos of the equipment we were selling were of excellent quality. The team acted in a very professional manner. Final settlement was prompt and there were no issues what so ever. I would recommend Yellow Tag Auction When Woolrich decided to sell the assets of our Jersey Shore, PA facility we contacted Yellow Tag Auctions. Their team professionally managed the entire process which allowed us to focus on our ongoing business. They were able to attract buyers from across the US and overseas, which maximized the return on our assets. I would Yellow Tag Auction assisted me in the liquidation of our 15 year old family business. After trying to liquidate the business on my own for 1 year, the guys at Yellow Tag auctioned off all of my companies assets within 30 days. They handled business in a professional manner, which made this difficult time seem Yellow Tag Auctions was successful in executing a global campaign to liquidate LifeStone Materials’ factory in Anderson, South Carolina, on behalf of an international ownership group. LifeStone Materials’ entire plant was sold using an online auction that attracted 55 bidders from 10 countries around the world. Yellow Tag Auctions set up a process where each

KEY FACTS ABOUT YELLOW TAG AUCTIONS, LLC

Company name
YELLOW TAG AUCTIONS, LLC
Status
Active
Filed Number
L16000147959
FEI Number
45-2505501
Date of Incorporation
August 8, 2016
Age - 8 years
Home State
FL
Company Type
Florida Limited Liability

CONTACTS

Website
http://yellowtagauctions.com
Phones
(864) 461-2400
(864) 641-3243

YELLOW TAG AUCTIONS, LLC NEAR ME

Principal Address
5525 CHESNEE HWY.,
CHESNEE,
SC,
29323
Mailing Address
PO BOX 6930,
SPARTANBURG,
SC,
29304

See Also

Officers and Directors

The YELLOW TAG AUCTIONS, LLC managed by the one person from CHESNEE on following positions: MR.

Andrew J Falatok

Position
MR. Active
From
CHESNEE, SC, 29323





Registered Agent is CT CORPORATION SYSTEM

Address
1200 S PINE ISLAND RD., PLANTATION, FL, 33324

Annual Reports

2024
January 29, 2024
2023
February 7, 2023