Equity Development Systems, Ltd., a global Distressed Asset Management and Disposition and Investment Recovery specialist, handled the complete liquidation of Firestone Tire and Rubber, Memphis, TN the then-largest tire and rubber manufacturing facility in the world.
Liquidation of Firestone Tire and Rubber, Memphis, TN
EDS provides commercial divestiture and liquidation services to stakeholders and multinational corporations throughout the world. Our investment recovery corporate services capture the highest value of both real and movable assets by redeploying, repurposing or converting surplus, overlapping, nonessential, nonperforming and other such assets to cash and returning these dollars to the company’s treasury. Our programs and services have generated hundreds of millions of dollars for our clients throughout the world.
EDS’ award-winning investment recovery programs and services have earned us the distinction of being the only company of its kind that the USEPA allows to conduct such services on active Superfund Sites. We believe that this and our body of work for such giants as Merck, Pfizer, GE, Environmental Allies, and many others throughout the world speak to our expertise and the level of confidence placed in us.
We specialize in handling all efforts related to the environmentally responsible disposition of industrial, manufacturing and distribution-related plants and facilities and all capital assets through corporate consolidations and restructuring transactions.
EDS’ Investment Recovery Centers of America® unit (Recovery Centers) own/operate strategically located multipurpose venues for the storage and remarketing of recovered assets. Our full-service Recovery Centers fulfill EDS’ unique capacity to immediately marshal our client’s recovered moveable assets, land and marine, to our secure facilities for disposition. EDS’ flagship Recovery Center is the Port of Slidell in Slidell, Louisiana (Greater Gulf South, USA).