Former Assets of

Lovsuns Tunneling Canada Ltd.

High Precision CNC Machining & Fabricating Equipment



Tuesday, September 24, 2019

Start Time

10:00 AM EDT


BY APPOINTMENT ONLY. Please call 416.962.9600 for more details.


All items must be removed no later than Friday, October 11 by 5:00 P.M. BY APPOINTMENT ONLY.




FEATURING: MORI SEIKI (JULY 2009 – ONLY 4626 HOURS) NT6600DCG/4000CS, CNC opposed spindle live milling & turning center w/ (2) hydraulic steady rests, tool changer etc.; MORI SEIKI (MARCH 2010 - ONLY 3967 HOURS) NT4300DCG/1500SZ, CNC opposed spindle live milling & turning center w/ tool changer; KONE (DECEMBER 2009) 40 ton double girder overhead bridge crane; BOLDRINI heavy capacity hydraulic section rolls; ACCURSHEAR 10’ x ¼” shear; ACCURPRESS 250 ton x 10’ hydraulic press brake; BARCORP 10’ radial arm drill; ESAB gauging system, 2500lb welding positioner, T-slot floor plates & MORE!


Tony Redmond


  • MORI-SEIKI (2009) NT6600DCG/4000CS CNC twin spindle simultaneous 5-axis integrated mill turn center with MORI SEIKI MAPPS MSX CNC control, 42.1" max turning diameter, 160.5" max turning length, travels x-39.3"+1.5", y-/+12.9", z-163.3", b - +/-120 deg,  (2) 3-jaw hydraulic chucks, S1&S2 spindles speed to 1,500 RPM, 8,000 RPM high speed direct drive milling spindle, CAT 40 milling spindle taper, (180) station ATC, tool probing, coolant, chip conveyor, chip blaster,, s/n NT660HK0021
  • MORI-SEIKI (2010) NT4300DCG/1500SZ CNC twin spindle simultaneous 5-axis integrated mill turn center with MORI SEIKI MAPPS MSX CNC control, 25.9" max turning diameter, 58.9" max turning length, 3.5" bar capacity, travels x-29.5", x1(turret)-7.68", y-8.3", z-61"+3.1", z1(turret)- 60.6", b - +/-120 deg,  (2) 12" 3-jaw hydraulic chucks, S1&S2 spindles speed to 3,000 RPM, 12,000 RPM high speed direct drive milling spindle, CAT 40 milling spindle taper, (240) station ATC, 10 station turret with 6,000 RPM live milling, tool probing, coolant, chip conveyor, chip blaster, s/n NT430JC0201


  • ACCURSHEAR 625010 hydraulic shear with 10'x0.25" capacity, front operated power back gauge, squaring arm, OMRON safety light curtains, 575V/3PH/60HZ, s/n 998


  • ACCURPRESS 717512 hydraulic press brake with 12' x 175 TON capacity, 8" stroke, 14" open height, 10" throat, 124" between housings, HONEYWELL SHADDOW VI safety light curtains, back gauge, 575V/3PH/60HZ, s/n 01085


  • BOLDRINI BSA362 heavy duty, vertical plate angle rolls, s/n 4984
  • RED-ROCK (2012) RWIP-100 tank turning roll set (1) powered, (1) idler with 100 METRIC TON capacity, 18" diameter steel/composite rolls, (4) position horizontal adjustment to max 80" between roll centers, pendant control, s/n 20111231139
  • LOVAT hydraulic cable puller/winder, s/n n/a
  • BRANCING gap bed engine lathe with 36" swing, 96" centers, 2" bore, 12" 3-jaw chuck, 24" 4-jaw chuck, s/n 4172
  • CSEPEL RFH5-4000 11' radial arm drill with speeds to 1900 RPM, (2) 39"x31"x25" T-slot box tables, 480V/3PH/60HZ, s/n 13377


  • LOVAT rotating welding positioner with LEESON SPEED MASTER variable speed control, 12" 3-jaw chuck, s/n n/a
  • LINCOLN ELECTRIC (2010) CK1494-600-32A heavy duty twin station welding fume exhaust system with CBI INDUSTRIES 30HP blower, 575V/3PH/60HZ, s/n ASG2010P199B


  • INGERSOLL RAND IRN100H-CC 100 HP rotary screw type air compressor, s/n NV8691U09356
  • INGERSOLL RAND D3400 INA600X refrigerated air dryer, s/n 338564
  • AIRCO air receiver tank, s/n n/a
  • INGERSOLL RAND PSG-90 oil-water separator, s/n 000178
  • KONE CRANES  40 TON capacity single girder crane with approx 50' span, s/n 10853


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.


A Buyer's Premium of 18% for all Webcast (Remote) bidders will apply at this sale.
Pre-Approval by Corporate Assets Inc. will be required to participate in the sale. Potential Bidders must register and be approved (in person for Onsite auctions or online for Live Webcast auctions). Bidders may be asked to complete the "Buyer Deposit Form" and provide a deposit equal to 25% of their requested Purchasing Limit (the maximum amount they plan to spend) plus the Buyer's Premium (see above for applicable Buyer's Premium) and must be made by Interac e-transfers or Direct Bank Wire Transfer1.
To ensure approval as a Bidder, please contact us to make arrangements as far in advance of the sale as possible. The deposit must be received no later than 1 business day prior to the commencement of the sale2. For Bank Wire Transfer details, please contact our office at 416.962.9600 and request to speak with an Accounting Administrator.


  1. Please keep in mind that bank charges may apply to incoming and/or outgoing wire transfers by your/our bank/financial institution.
  2. 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.

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.

Payment in full must be made before or immediately after the conclusion of the auction.
For International (Non-Canadian and Non-U.S. Residents) Buyers all payments and deposits shall ONLY be made by wire transfer.
For Canadian and U.S. Buyers, all payments can be made by wire transfer, certified cheque, bank draft, Interac Debit, Visa, Mastercard, Interac e-transfers, 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, Mastercard will ONLY be accepted for purchases, and not for deposits, from buyers whose total invoice does not exceed $2,500.
  • Payment by way of Interac e-Transfers will ONLY be accepted for purchases from buyers whose total invoice does not exceed $25,000.
  • 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.

Removal Details

Applicable for all Purchasers, their employees, riggers, machinery movers, contractors, and agents who participate in the disconnection and/or removal of items purchased at auction.


Purchasers are responsible for removing all articles purchased unless an Exclusive Rigger* has been designated for the sale. “CI” on the purchaser’s invoice designates that a proper certificate of insurance is required before any item marked “CI” can be mechanically removed. Furthermore, properly authorized rigger release instructions, in writing, are required by Corporate Assets Inc.’s office before a Purchaser/Mover/Rigger can commence removal of these items. These forms can be downloaded below.





*For sales with Exclusive Riggers, removal fees will apply. Please refer to the posted Lot Catalogue for pricing. Fees do not include container loading, blocking/bracing, specialty packaging, shipping, or other services. Trucking and transport services may be available through a third-party supplier. More details below. The Buyer's Premium does not apply to posted rigging fees.

Shipping Services

For small items where a pallet isn't required or items are already in packages/boxes, Corporate Assets Inc. can arrange shipping via UPS or FedEx or using a buyer’s business account. The cost will be the responsibility of the buyer. Please contact to arrange.

* For shipping large items, trucking and transport services are available through Fuze Logistics Inc.
Fuze Logistics Services Inc.
Mr. Chris Tan

US Inbound Customs Brokers

*Cross border logistics, including fees and customs clearance, are available through third-party brokers.
Montgomery International Brokers
Bill Clune or Melanie Koerber
716.875.5100 EXT 105
Omega Customs Brokers Inc
Ralph Ronderos
305.592.5656 EXT 1005 or