Exceptional Offering from a

Major Machining & Welding Facility

Large Offering of Late Model CNC Machining, Turning & Fabricating Equipment

Date

Wednesday, February 6, 2013

Start Time

10:30 AM EDT

Inspection

N/A

Removal

N/A

Location

Major Machining & Welding Facility
349 Arvin Avenue, Stoney Creek, Ontario, Canada, L8E 2M4

Industry

Fabricating | Machining

LARGE OFFERING OF LATE MODEL CNC MACHINING, TURNING & FABRICATING EQUIPMENT FEATURING: HAAS (2006) EC-500-1 DEG CNC horizontal machining center; MAZAK (1998) HTC 400 CNC horizontal machining center; (2) FADAL (1998) VMC 6030HT CNC vertical machining centers; DAEWOO (2000) MYNX 500 CNC vertical machining center; BOSTON DIGITAL (1995) BOSTOMATIC BD32G-2 dual spindle CNC high speed machining center; PARLEC P10-1216 tool presetter; LEADWELL (2008) T-7, CNC turning centre; HAAS (2006) SL-30 CNC turning center; HAAS (2007) SL-20 CNC turning center; HAAS (2001) SL-20 CNC turning center; (3) HAAS (2005) BAR 300 servo driven bar feeder; NOVAKON (2011) NM-200 V2 CNC vertical milling machine; KONDIA FV-1 POWERMILL CNC vertical milling machine; (3) FANUC (2001) ARCMATE 100i/B 6 axis welding robots; ABB IRB 1400 6 axis welding robot; IRCO 10K headstock 10000 lbs welding positioned; LINCOLN & MILLER MIG welders; SUNNEN MBB-1600MS precision honing machine; EDWARDS 55 ton hydraulic ironworker; HYD-MECH S20 horizontal band saw; THOMAS (2000) 350 ST 13.5" cold saw; ATLAS COPCO (1999) GA45 FF 60 HP rotary screw air compressor; YALE (2007) 7200 lbs. LPG forklift; HYSTER (2003) 8000 lbs. LPG forklift; YALE (2004) 6000 lbs LPG forklift with fully enclosed cab; HYSTER FORTIS (2007) 6000 lbs LPG forklift; (3) PENTALIFT 2000 lbs. lift tables; ALSO: dock plates, platform scales, H frame hydraulic press, electric & pneumatic tools, LISTA tool cabinets, safety cabinets, liquid waste containers, transformers to 400 KVA, collapsible wire baskets & bins, dumping hoppers & 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.

Download Full Payment Information
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