1985 – Thomas Mowery is hired by the Stephen L. Winternitz company to oversee accounting functions for a privately owned national industrial auction firm providing clients services in over thirty states.
1993 – David Heath manages his first auction – AlphaType Corporation, a manufacturer of computer driven phototypesetters and at one time the world’s largest font foundry. Quite possibly the first time new 486 based IBM PS/2 clone computers were sold at auction.
1998 – After years of development led by David Heath and Thomas Mowery, gavelcast.com is introduced, an internet based auction bidding portal. In October of that year, gavelcast.com runs the first online only auction of woodworking equipment in the country.
1999 – Thomas Mowery is promoted to Vice President of Accounting and Finance for Winternitz, Inc.
2001 – 9/11 marks a turning point in gavelcast.com. Due to the events that transpired that day, many long time auction buyers discover the benefits of bidding online.
2007 – Thomas Mowery leaves Winternitz, Inc. after over 21 years to join Mecum Auction, Inc. as Chief Financial Officer. Mecum specializes in the auction of classic muscles cars and Corvettes.
2008 – Winternitz, Inc. is acquired by Hilco Industrial. David assumed the role of online auction manager for most of the year.
2008- David starts Heath Industrial – specializing in the selling and appraising of industrial and commercial machinery and equipment.
2009 – Thomas Mowery joins with David Heath at Heath Industrial to provide our clients with over five decades of experience in the auction and appraisal of industrial machinery and equipment.
2009 – In January, Heath Industrial has their first auction, Schuler Cue, a custom pool cue manufacturer. David sells his first Mazak CNC machines under his own name.
2009 – Heath Industrial works with Turtle Wax to manage the sale of their entire in-house maintenance facility.
2010 – Affinia hires Heath Industrial to manage the sale of a 375,000 sq ft vehicle brake systems facility. Products produced at the plant included brake pads and shoes, rotors, drums, calipers, wheel cylinders, master cylinders, and hardware. Total sales generated were double the clients anticipated return.
2011 – Heath Industrial manages the sale of the Printing, Welding and Machine Tool departments of Triton College.
2011 – Heath Industrial manages the liquidation and auction sale of a major Midwest kitchen and bath products distributor.