Central Tool & Die Limited

Large Stamping & General Machining Facility

Date

Tuesday, November 19, 2013

Start Time

10:30 AM EDT

Inspection

N/A

Removal

N/A

Location

Central Tool & Die Limited
1137 & 1145 Brydges Street, London, Ontario, Canada, N5W 2B5

LARGE STAMPING & GENERAL MACHINING FACILITY FEATURING: MINSTER S-2-400-96-60, 400 ton variable speed straight side press with REGAL servo press feed line; (3) SMERAL (1987) LKT 250A, 250 ton straight side presses with 12-25 SPM and feed system; DIGEP (1989) DSS-315HK, 320 ton straight side press with 16 SPM and feed system; MINSTER CS2-300-84-48, 300 ton straight side press with feed system; VERSON 250 ton straight side press; DIGEP DKS-160A, 160 ton gap frame press; (2) BROWN & BOGGS 21LJ, 135 ton OBI presses; (2) DIGEP 60 & 80 ton gap frame presses; ROUSELLE 100 ton straight side press; BLISS #6, 125 ton press; LARGE ASSORTMENT of smaller OBI, straight side, and gap frame presses from 12-100 ton capacity; (10+) press feed systems available, as well as uncoilers; CSEPEL 6' radial arm drill; SUNNEN honing machine; JAKOBSEN precision surface grinder with wheel dresser; (2) JONES & SHIPMAN 540, high precision surface grinders; FIRST 5HP vertical milling machine with power feeds; (4) BRIDGEPORT vertical milling machines; BRIDGEPORT twin head vertical milling machine; CLARK 8000 LB electric forklift; CORTEC large capacity engine lathe with power saddle; STARTRITE vertical band saw; WOOD DOCTOR, wood fired boiler system; KARCHER pressure washer; RICHARDS WILCOX 15 ton double girder bridge crane with free standing crane system; RICHARDS WILCOX 7 ton single girder bridge crane with crane system; Large Offering of tool steel, bar stock & steel coil inventory; Press Dies and heavy duty die storage racking, welders & welding equipment, steel storage totes, foot shears, spot welders, lifting equipment & accessories, inspection department, perishable and power tooling, office furniture & MUCH MORE!

ONSITE & ONLINE

Terms & Conditions

Corporate Assets Inc. assumes no liability for errors or omissions on this Web site. Corporate Assets Inc. expressly reserves the right to determine the manner of conducting the auction as it may deem appropriate. All subject to prior sale.

DOWNLOAD CORPORATE ASSETS INC. FULL TERMS & CONDITIONS

MODALITÉS ET CONDITIONS DE VENTE


Payment

-WEBCAST (REMOTE) BIDDERS

Pre-Approval by Corporate Assets Inc. will be required. To participate in the auction you must register and be approved. All Webcast (Remote) Bidders require a deposit equal to 25% of their requested Purchasing Limit (the maximum amount they plan to spend) plus the Buyer's Premium (see below for applicable Buyer's Premium) and must be by Direct Bank Wire Transfer. To ensure approval as a Bidder please make deposit arrangements as far in advance of the sale as possible. For Bank Wire Transfer details, please contact our office at 416.962.9600 and request to speak with an Accounting Administrator.

Invoices for the balance of the purchase price will be emailed and/or faxed to successful bidders within 24 hours of the close of the auction and are due upon receipt.

-GENERAL

All buyers must complete the "Buyer Deposit Form" and provide Corporate Assets Inc. with a 25% deposit of their total intended purchase amount by way of wire transfer.* The deposit must be received by no later than 1 business day prior to the commencement of the sale.**

Payment in full must be made before or immediately after the conclusion of the auction.

* Please keep in mind that bank charges may apply to incoming and/or outgoing wire transfers by your/our bank/financial institution.

** In order to meet the Terms and Conditions of Sale, please keep in mind that wire transfers traditionally take between 2 - 4 business days to be processed by your bank. For Bank Wire Transfer details, please contact our office at 416.962.9600 and request to speak with an Accounting Administrator.

For International (Non Canadian and Non U.S. Residents) Buyers, Webcast Remote Buyers & Online Buyers, all payments shall ONLY be by way of wire transfer.

For Canadian and U.S. On-site Buyers, all payments shall be by way of wire transfer, certified cheque, bank draft, Interac, or company cheque accompanied with a valid bank letter of authorization guaranteeing irrevocable payment to Corporate Assets Inc. in the following format: "Name of Bank hereby guarantees irrevocable payment of cheques payable to Corporate Assets Inc. up to Amount in Words & Currency for purchases made by our client Name of Client. This letter is valid for purchases made at the auction of Name of Auction being held in City, State/Province on Date."

Payment by way of Visa or Mastercard will ONLY be accepted for purchases, and not for deposits, from buyers whose total invoice does not exceed $2,500.00.

Payments may be made in advance of the auction by way of wire transfer and any balance in excess of the balance owing will be refunded after the auction.

The Auctioneer reserves the right to put articles back up for auction if a deposit is not received at or before the time of sale.

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Download Buyer Deposit Form
CAD Wire Transfer Details
USD Wire Transfer Details


Proxy Bidding

To place a proxy bid, please refer to the Corporate Asset Inc. PROXY BID FORM or email us at: info@corpassets.com for more information.

All Proxy Bids must be completed in writing, either typed or hand-written, indicate the name of the auction sale, and must be signed and dated. They must be faxed or mailed to our office and received by no later than 3:00 P.M. EST on the day before the auction.


Download Proxy Bid Form