Surplus to the Ongoing Operations of

Torpedo Specialty Wire

High Performance Speciality Wire Manufacturer

Date

Tuesday, November 1, 2016

Start Time

10:30 AM EST

Inspection

Monday, October 31 from 9:00 A.M. to 5:00 P.M. and morning of auction to start of auction.

Removal

Small items: Wednesday, November 2 by 5:00 P.M.
Remaining items: Tuesday, November 15 by 5:00 P.M.

Location

Torpedo Specialty Wire
1115 Instrument Drive, Rocky Mount, North Carolina, United States, 27804

Industry

Wire Processing

70,000+ SQ FT Manufacturing Facility Featuring: (5) Rod breakdown lines; WATERBURRY FARREL 3 stand flat wire rolling mill line; (8) Flat wire rolling mill lines; (3) Fine wire drawing lines; (3) SYNCRO wire annealing lines; (3) 10 strand wire annealing lines; (12) wire plating lines; (13) In-line wire plating systems; Clad wire production line; (2) VAUGHN 4” roller stands; Waste water treatment system; INDUSTRONICS 1500 degree bell furnace; HUGE ASSORTMENT OF butt welders, precision testing equipment, INSTRON digital tensile tester, LAB equipment, chillers, spare machine parts & accessories, machine shop equipment, fabricating equipment, dust collectors, late model air compressors, assortment of forklifts & vehicles, SWEED wire scrap choppers, raw material, filter press, general plant support equipment & MUCH MORE!

WIRE DRAWING LINES

  • VAUGHN MOTOBLOX HRV 6/7HR 6-block wire drawing line with RELIANCE drive controls; 24"/18" blocks; 28" finish with riding stripper; (6) 30 HP motors; overhead un-coiler; traversing spooler re-winder; s/n 9024
  • VAUGHN MOTOBLOX 6/7HIV wire drawing line with 14"/11" blocks; 15" finish with riding stripper; 10 HP motors; re-winder; s/n 10171
  • SYNCRO (REBULIT 2013 OVER $110K) F13 13-die rod breakdown line with 300 HP motor; HALL INDUSTRIES traversing spooler re-winder; s/n F13/104

SPECIALTY FLAT WIRE ROLLING MILL LINES

  • RM-2 flat wire rolling mill line with .004" to .020" thickness capacity; .030" to .125" width capacity; 30:1 max width to thickness ratio; consisting of: 1" horizontal rolling mills; 4-strand accumulator/tensioner; 10' annealing chamber; FILM TECH F-443 twin spindle spooler; down stream tensioner; power uncoiler & power pay-off; s/n n/a
  • RM-3 flat wire rolling mill line with .004" to .020" thickness capacity; .030" to .100" width capacity; 20:1 max width to thickness ratio; consisting of: 1" horizontal rolling mills; 4-strand accumulator/tensioner; 10' annealing chamber; down stream tensioner; power uncoiler & power pay-off; s/n n/a
  • RM-4 flat wire rolling mill line with .004" to .020" thickness capacity; .030" to .100" width capacity; 20:1 max width to thickness ratio; consisting of: 1" horizontal rolling mills; 4-strand accumulator/tensioner; 10' annealing chamber; down stream tensioner; power uncoiler & power pay-off; s/n n/a
  • RM-5 flat wire rolling mill line with .004" to .020" thickness capacity; .030" to .100" width capacity; 20:1 max width to thickness ratio; consisting of: 1" horizontal rolling mills; 4-strand accumulator/tensioner; 10' annealing chamber; down stream tensioner; power uncoiler & power pay-off; s/n n/a
  • RM-6 flat wire rolling mill line with .004" to .020" thickness capacity; .030" to .100" width capacity; 20:1 max width to thickness ratio; consisting of: 1" horizontal rolling mills; 4-strand accumulator/tensioner; 10' annealing chamber; down stream tensioner; power uncoiler & power pay-off; s/n n/a
  • RM-7 flat wire rolling mill line with .004" to .020" thickness capacity; .060" to .250" width capacity; 30:1 max width to thickness ratio; consisting of: ROUSCH 2" horizontal rolling mill; 1" secondary rolling mill; 4-strand accumulator/tensioner; 10' annealing chamber; down stream tensioner; power uncoiler & power pay-off; s/n n/a
  • RM-8 3-strand flat wire rolling mill line with .004" to .040" thickness capacity; .060" to .300" width capacity; 40:1 max width to thickness ratio; consisting of: (3) WATERBURY FARREL 4" horizontal rolling mills; 4-strand accumulator/tensioner; annealing chamber; down stream tensioner; 20 & 25 HP VFD's; power uncoiler & power pay-off; s/n n/a
  • RM-9/RM-10 tandem flat wire rolling mill line with .004" to .020" thickness capacity; .030" to .125" width capacity; 20:1 max width to thickness ratio; consisting of: (2) AD-1526DC1300-TOR-US rolling mills; 4-strand accumulator/tensioner; annealing chamber; down stream tensioner; (2008) DURA SPEED VFD's; power uncoiler & power pay-off; s/n n/a

MEDIUM AND FINE WIRE DRAWING & ANNEALING LINES

  • SYNCRO C12 12-die medium wire drawing and annealing line consisting of RESISTONEAL annealer; dip tank; annealing oven; SYNCRO re-spooler; s/n 749 8Y43.9
  • SYNCRO (REBUILT 2013 OVER 41K USD) C12 12-die medium wire drawing and annealing line with SECO MENTOR II touch screen PLC control; DURAPULSE GS3-40/50 digital VFD drive; consisting of RESISTONEAL annealer; spool carrier; dip tank; annealing oven; SYNCRO re-spooler; s/n n/a
  • SYNCRO C12 12-die medium wire drawing and annealing line with DURAPULSE GS3-40/50 digital VFD drive; consisting of RESISTONEAL annealer; spool carrier; dip tank; annealing oven; SYNCRO re-spooler; s/n n/a
  • SA #1 electric multi strand fine wire annealing line with 3-zone digital heat control; consisting of 16 tube capacity, 20' x 37" electric annealing oven with 1750 degrees F max temperature; 125 FPM capacity; quench tank; 10- station floor type uncoilers; roll type accumulator; 16-station spooler re-winder; s/n n/a
  • SA #2 electric multi strand fine wire annealing line with 3-zone digital heat control; consisting of 16 tube capacity, 18' x 37" electric annealing oven with 1750 degrees F max temperature; 125 FPM capacity; quench tank; 10- station floor type uncoilers; roll type accumulator; 16-station spooler re-winder; s/n n/a
  • SA #3 electric multi strand fine wire annealing line with 3-zone digital heat control; consisting of 24 tube capacity, 14' x 37" electric annealing oven with 1750 degrees F max temperature; 125 FPM capacity; quench tank; 10- station floor type uncoilers; roll type accumulator; COULTER & MCKENZIE C500 10-station spooler re-winder; s/n n/a
  • SYNCRO BG16 16-die fine wire drawing and wire annealing line consisting of RESISTONEAL annealer; dip tank; annealing oven; SYNCRO re-spooler; s/n n/a
  • SYNCRO BG16 16-die fine wire drawing and annealing line with retrofit DURAPULSE GS3-4025 digital VFD drive; consisting of RESISTONEAL annealer; dip tank; annealing oven; SYNCRO re-spooler; s/n n/a
  • INDUSTRONICS single zone electric bell furnace with OMEGA digital temperature control; OMEGA temperature recorder; 1500 degrees F max temperature; 100 KW 2-station heater; s/n n/a

FINE WIRE PLATING LINES

  • (13) HP1-HP13 (2008) fine & flat wire plating lines with PANELVIEW PLC touch screen controls; consisting of: standalone powered pay-off; roll type accumulator; composite clean and flux dip tanks; stainless steel electric melting pot with starter; programmable dip & air wipe coater; tensioner; spooler re-winder; s/n n/a
  • RAPID POWER TECHNOLOGIES (REBUILT 2013 OVER 21K USD) #P7 fine wire plating line consisting of uncoiler stand; roll type accumulator; composite plating dip tanks; RAPID TECHNOLOGIES 3000 AMP rectifier; RAPID TECHNOLOGIES 1500 AMP rectifier; spooler re-winder; s/n n/a
  • RAPID POWER TECHNOLOGIES #P1 fine wire plating line consisting of uncoiler stand; roll type accumulator; composite plating dip tanks; RAPID TECHNOLOGIES 2000 AMP rectifier; RAPID TECHNOLOGIES 1500 AMP rectifier; spooler re-winder; s/n n/a
  • RAPID POWER TECHNOLOGIES #P2 fine wire plating line consisting of uncoiler stand; roll type accumulator; composite plating dip tanks; RAPID TECHNOLOGIES 2000 AMP rectifier; RAPID TECHNOLOGIES 1500 AMP rectifier; spooler re-winder; s/n n/a
  • RAPID POWER TECHNOLOGIES #P4 fine wire plating line consisting of uncoiler stand; roll type accumulator; composite plating dip tanks; RAPID TECHNOLOGIES 2000 AMP rectifier; RAPID TECHNOLOGIES 1500 AMP rectifierpooler re-winder; s/n n/a
  • RAPID POWER TECHNOLOGIES #P5 fine wire plating line consisting of uncoiler stand; roll type accumulator; composite plating dip tanks; RAPID TECHNOLOGIES 2000 AMP rectifier; RAPID TECHNOLOGIES 1500 AMP rectifier; spooler re-winder; s/n n/a
  • RAPID POWER TECHNOLOGIES #P13 fine wire plating line consisting of uncoiler stand; roll type accumulator; composite plating dip tanks; RAPID TECHNOLOGIES 2000 AMP rectifier; RAPID TECHNOLOGIES 1500 AMP rectifier; spooler re-winder; s/n n/a

PRODUCTION SUPPORT EQUIPMENT

  • VAUGHN combination heavy duty pointer stringer with 8-groove horizontal roll pointer; s/n n/a
  • VAUGHN 10-groove horizontal roll pointer; s/n 10047
  • VAUGHN 10-groove horizontal roll pointer; s/n 9771
  • (2) KOLDWELD KBM5 portable cold welders with rolling stand; s/n n/a
  • N22 SINGLE DIE finishing machine consisting of coil un-winder; single-block; roll accumulator; spooler re-winder; s/n n/a
  • N20 SINGLE BLOCK drawing line with coil un-winder; single-block; roll accumulator; spooler re-winder; quench tank; s/n n/a
  • (15+) MICROWELD J6S; J6C; J8S and J4S portable butt welders; s/n n/a

INSPECTION AND Q.A. EQUIPMENT

  • FISCHER FISCHERSCOPE SYSTEM XDL-XYMZ, X-ray coating thickness measuring and analyzing system with PC WINDOWS based FTM control and data acquisition software; programmable X & Y axis table; s/n 01843788
  • INSTRON 4411 digital bench type tensile and compression tester with 5KN; 1124 LBS cap; s/n 4411C4374
  • TINIUS OLSEN H1KT bench type tensile and compression tester with WINDOWS PC based control and data acquisition software; 1KN; 220 LBS cap; s/n HIKT-0086
  • NIKON V12 12" bench type optical comparator; s/n Q-534901
  • MITUTOYO COMFILE standalone bench type digital wire thickness gauge with WINDOWS CE based touch screen control and data acquisition software; s/n n/a
  • LASERMIKE 101 portable digital continuous laser micrometer with LASERMIKE 1000 DRO; WINDOWS PC based control and data acquisition software; s/n n/a
  • (4) LASERMIKE 182 portable digital continuous laser micrometer; s/n n/a
  • (2) BUHLER 1511 rotary table type lapper/polishers; s/n n/a
  • BUHLER SURFMET I belt type lapper/polisher; s/n n/a

MATERIAL HANDLING

  • DOOSAN (1999) GC30E-3 LPG forklift with 4,500 LBS capacity; 186" reach; 3-stage high visibility mast; side shift; hydraulic fork adjustment; cushion tires; s/n CV-02898
  • DOOSAN (1999) GC15S-2 LPG forklift with 2,500 LBS capacity; 186" reach; 3-stage high visibility mast; side shift; hydraulic fork adjustment; cushion tires; s/n 3CV-02898
  • CLARK (1995) GCX-40 LPG forklift with 6,800 LBS capacity; 170" reach; 3-stage high visibility mast; side shift; cushion tires; s/n GX710U-0026-9418FB
  • CLARK ST30D 2,700 LBS capacity electric walk behind type forklift truck; s/n ST245-0015-5305FA
  • SPEEDWAY 5 TON capacity single girder underslung bridge crane with approx. 20' span, approx. 40' runways, s/n n/a

MAINTENANCE DEPARTMENT

  • THERMAL DYNAMICS (2004) CUTMASTER 51 portable plasma cutter with cables and gun; s/n 02843167
  • MILLER (2005) MILLERMATIC 210 digital MIG welder with cables and gun; s/n LF471582B
  • MILLER THUNDERBOLT AC/DC ARC welder with cables and gun; s/n n/a
  • MILLER MAXSTAR 150STL portable TIG welder with case, cables and gun; s/n n/a
  • LINCOLN IDEALARC DC-400 ARC welder with cables and gun; s/n n/a
  • DOALL 36-W vertical band saw with 36" throat; 20" max cutting height; 36" x 30" sliding table; blade welder and grinder; s/n n/a
  • LEBLOND REGAL engine lathe with 16" swing; 36" centers; speeds to 1010 RPM; 14" 3-jaw chuck; s/n NE6761
  • CLAUSING 5913 engine lathe with 13" swing; 36" centers; speeds to 2000 RPM; 8" 3-jaw chuck; s/n 503546
  • BRIDGEPORT SERIES I vertical turret milling machine with 9" x 42" table; speeds to 2700 RPM; ACURITE 2 axis DRO; s/n J9987
  • CRAFTSMAN 20" heavy duty floor type drill press with 2 HP; speeds to 4200 RPM; s/n n/a
  • SUNEX 5220 20 TON capacity hydraulic H-frame shop press; s/n n/a
  • DAYTON electric combination 4" belt, 6" disc sander; s/n n/a
  • NIAGARA 36" X 14 GA power rolls with stand; s/n n/a

FACTORY EQUIPMENT

  • GARDNER DENVER (2011) ENDUR AIR 10 HP screw type air compressor; s/n ELA99CD090023
  • GARDNER DENVER 30 HP screw type air compressor; s/n n/a
  • LEROI CL50CUB 50 HP screw type air compressor; s/n 4487X282
  • GARDNER DENVER RNC50AI refrigerated air dryer; s/n 1000002709700
  • AIRCELL VF200 refrigerated air dryer; s/n 17721
  • GARDNER DENVER 7.5 HP tank mounted piston type air compressor; s/n n/a
  • CHARGEAIR 6 HP tank mounted piston type air compressor; s/n n/a
  • THERMAKLEEN ULTRA 250E portable electric pressure washer; s/n n/a
  • ABSOLUTE AIRE R344 HO W/E/AP air make up unit with 28,000 CFM capacity; s/n 13961
  • KCH outdoor pad type horizontal flow composite chemical scrubber with 18,000 CFM capacity; 30 HP blower; s/n 15489
  • TORRIT DONALDSON DFT2-8 outdoor canister type dust collector with (8) canister filters; 7.5 HP blower; s/n IG454494-01  
  • HURST GAS fired 25 HP/863 LBS/HR/150 PSI steam boiler; s/n V61-150-398
  • WEIGH TRONIX WI-127 5,000 LBS capacity digital floor scale; s/n n/a
  • TRANS CELL TI-500E 5,000 LBS capacity digital floor scale; s/n n/a
  • ORION H66-12 automatic rotary stretch wrapper; s/n 8018145
  • SCOTSMAN CM250E-1E floor type commercial ice maker; s/n 632S90-11L
  • GENERAC SE-10000 portable gas powered generator with 10,000 W capacity; 110/220V; SUBARU ROBIN 18 HP V-twin engine with electric start; s/n n/a
  • SWEED 5 HP scrap wire chopper with stand; s/n n/a

COMPOSITE SPOOL INVENTORY

  • (14,000+) HAFNER K125- DIN 125 -  composite spools with 4.9" flange diameter; 3.9" traverse width; 3.1" barrel diameter; 0.63" arbor hole; 4.9" overall width
  • (600+) 6x4 composite spools with 6.0" flange diameter; 4.0" traverse width; 4.0" barrel diameter; 0.63" arbor hole; 4.8" overall width
  • (15,000+) HAFNER K160- DIN 160 composite spools with 6.3" flange diameter; 5.0" traverse width; 3.9" barrel diameter; 0.87" arbor hole; 6.3" overall width

RAW MATERIAL COIL INVENTORY

  • (6300 LBS) .219" diameter; C1006AK low carbon steel coil
  • (6900 LBS) .340" diameter; C1006SK low carbon steel coil
  • (26500 LBS) .351" diameter; C1006AK low carbon steel coil
  • (5200 LBS) .304” diameter; C1006AK low carbon steel coil

ALSO:

(5) STANLEY VIDMAR tool cabinets with parts and tooling; spare parts inventory; (3)BAUSCH & LOMB binocular metallurgy microscopes; FISHER SCIENTIFIC binocular metallurgy microscope; (4+) LASERMIKE 182 digital continuous micrometers; METTLER TOLEDO & OHAUS balance scales; BUHLER lappers; MILWAUKEE portable band saw; MILWAUKEE reciprocating saw; RIDGID manual pipe threading set; BOSCH heavy duty electric hammer drill; heavy duty angle grinders; shop fans; barrel carts; oil pumps; spill trays; pneumatic pumps; eye wash stations; operator stands; toolboxes; waste bins; spare spoolers; lab and inspection equipment; office furniture, business machines and 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.

A Buyer's Premium of 15% for all onsite bidders and 18% for all Webcast (Remote) bidders will apply at this sale.

THIS SALE WILL BE CONDUCTED IN USD.

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