Core Industrial Finance & Capital LLC, acting as the secured creditor of Geo T. Schmidt, Inc., will conduct a public sale of the company’s personal property assets on July 7, 2026, at 2:00 p.m. Central Time. The sale, held under Section 9-610 of the Uniform Commercial Code, will take place via a virtual platform.

Geo T. Schmidt, Inc., based in Niles, Illinois, specializes in designing, building, and marketing advanced engraving and marking systems utilized for identification and traceability. Their products include laser marking, pinmarking, pressmarking, and rollmarking equipment and devices. The sale will encompass a wide range of collateral secured by Core Industrial Finance & Capital LLC, including accounts, chattel paper, equipment, machinery, fixtures, inventory, computer hardware and software, tooling, drawings, specifications, and related personal property or proceeds tied to the business.

The assets will be sold on an “as is, where is” basis, without any express or implied warranties regarding title, possession, or access. The secured creditor plans to offer the assets primarily as a single lot but retains the right to designate sublots, establish bidding procedures, and require bidders to demonstrate their capacity to perform and close transactions satisfactorily. Additionally, the creditor maintains the option to credit bid, adjust the credit bid price, or postpone, adjourn, or cancel the sale without further notice.

Interested parties can also submit written bids prior to the auction or participate in the virtual sale via conference call. For further details about the assets or the sale process, parties are advised to contact Robert E. Richards at Dentons US LLP, the legal counsel representing the secured creditor. Richards can be reached at the firm’s Chicago office or via email.

This auction follows a foreclosure procedure tied to Geo T. Schmidt’s secured obligations, signaling a significant step in the disposition of its business assets.