Company Information
SJ Corio Company, a Rhode Island based, commercial-industrial auction and liquidation company was formed in 1983. The Company was established by Salvatore Corio, Jr. After receiving a BS degree in finance from the University of Rhode Island in 1983, Mr. Corio began liquidating manufacturing operations. In 1984, he liquidated American Watch Case, a 100,000 square foot division of the Bulova Watch Company. The marketing of this multi-million dollar sale attracted buyers from across the United States as well as the Far East and Europe. Mr. Corio then traveled to Kansas City, Missouri in 1985 to receive professional training at the nationally acclaimed Missouri Auction School.Upon returning from Kansas City, SJ Corio Company became one of the first area auction companies to operate completely computerized. This system over the years has proved to provide speed and efficiency to an operation that today continues to be handled manually by many firms.
Over the past twenty years, SJ Corio Company has successfully managed hundreds of auction and liquidation sales, which have translated into over $25 million dollars in sales. These projects have been extremely diverse, ranging from heavy industrial machinery, food service operations, commercial and retail operations, to real estate.
SJ Corio Company’s most valuable asset, which has contributed to the high success rates at each sale has been, creative marketing techniques. Each auction and liquidation sale is carefully examined for the proper marketing channels. Marketing and promotion have included such media as direct mail marketing, telemarketing, creative newspaper print advertising, radio and television, and now today, email and the Web.
SJ Corio Company is a member of the Turnaround Management Association as well as the National Auctioneers Association.