Nelstad Materials went up for auction this past Tuesday as part of a bankruptcy proceeding. Among the items put up for auction were cubic yard mixers, a 5000 Gallon Hot Water Heater, a lease on the land running until 2016, even the “Nelstad Material Corporation” brand and the company phone number. The mixers sold, the lease did not. The big cement mixer trucks with the well-known “Nelstad” name on the side were going for about $3,500.
Nelstad has been in financial trouble for the past several years. Striking workers had become a familiar site on Route 1 outside the plant.
