Management Team

ANDREW J. FALATOK

Andy is co-founder and CEO of Yellow Tag Auctions.  He is also the founder and CEO of Tex-Mach, Inc.  a full service textile and industrial equipment dealer started in 1988.  Andy began buying and selling textile and industrial equipment in the early 80’s after obtaining an engineering degree from Clemson University.  He was a pioneer in bringing increased professionalism to the pre-owned industrial and textile equipment business working with mill and factory owners around the world to maximize returns on idle assets.  He is a member of the National Council of Textile Organizations and Southern Textile Association.  He also serves in numerous charitable capacities including:  a Trustee at the Spartanburg County Foundation, a board member for the Spartanburg Regional Healthcare System Foundation – Cancer Board, and St. Luke’s Free Medical Clinic.

MICHAEL F. FRATE

Michael is co-founder and Vice President of Operations for Yellow Tag Auctions.  He has been actively involved in the industrial and commercial auction and liquidation business since graduating from UCLA in 1985.  He has overseen the execution of over 200 live auctions including the six day auction of Todd Shipyard in San Pedro, CA.  In 2000 he became a pioneer of the online auction business in the industrial and commercial arena.  He worked for .com startup TradeOut.com as Director of Industrial Auctions for their Western Region and then moved to Asset Auctions where as Vice President he oversaw the development of multiple new market segments including Government Auctions, Textile Mill Auctions and Internal Redeployment Systems.

ROBERT P. ASHWORTH

Bob is Vice President of Sales for Yellow Tag Auctions.  Bob has been involved in the asset appraisal and liquidation business for the past 30 years.  He started out in the auto auction business and has been a key member of the Tex-Mach Inc. Management Team for almost 20 years, overseeing liquidations and auctions for large and small companies worldwide.  He has a Degree in Business Management.

CHRISTOPHER J. FALATOK

Chris graduated from Clemson University with a Degree in Business Management and received his MBA from The Citadel.  He has spent the last 6 years as a consultant with Northwestern Mutual, helping both individuals and business with financial planning.  He has been involved with Andy and Bob at Tex-Mach in multiple areas over the past 10 years.  He joined Yellow Tag Auctions at its inception.