Vancouver Sun & Province Printing Facility

1400+ LOT SALE! World Class & State of the Art News Printing Facility

 

Date

Thursday, February 19, 2015

Start Time

9:30 AM PST

Inspection

Wednesday, February 18, 2015 from 9:00 A.M. to 5:00 P.M. and morning of auction to start of auction.

Removal

Small items: Friday, February 20, 2015 by 5:00 P.M.
Remaining items: Friday, March 13, 2015 by 5:00 P.M.

Industry

Printing
 

 

http://www.bidspotter.com/en-us/auction-catalogues/corporateassets/catalogue-id-corpor10064

THIS IS A VERY UNIQUE OPPORTUNITY TO ACQUIRE EXCEPTIONALLY WELL MAINTAINED & LIGHTLY USED LATE MODEL COMMERCIAL PRINTING MACHINERY, FROM A 200,000+ SQ FT FACILITY CONSTRUCTED NEW IN 1997 FOR APPROXIMATELY $150 MILLION DOLLARS! THIS FACILITY HAS THE CAPABILITY TO OPERATE AT SPEEDS OF UP TO 80,000 COPIES AN HOUR, WITH UP TO 160 PAGES IN 10 SECTIONS!

THIS OPPORTUNITY INCLUDES A VERY LIGHTLY USED, MAN ROLAND COLORMAN S DOUBLE WIDE 50" PRESS INSTALLED NEW IN 1997 FOR OVER $80 MILLION DOLLARS!

GENERAL HIGHLIGHTS ALSO INCLUDE: MAN ROLAND (NEW IN 1997) COLORMAN S double wide 50" shafted newsprint press, with (10) 4 over 4 towers, (4) 4 over 4 towers, (4) 4 over 1 towers, (4) forming units, (26) MAN ROLAN reel units, EAE drives & MUCH MORE! (PURCHASED FOR OVER $80M NEW); (4) GMA (1997) SLS-2000, 14 into 2 straight line inserters (EXTREMELY LIGHTLY USED & REPLACE FOR OVER $1.6M NEW EACH!); (10+) feeders for GMA inserters; PRISTINE MAILROOM FEATURING: (14) QUIPP (1997) 351 stackers; (2) QUIPP (1997) 501 stackers; (14) QUIPP (1997) automatic high volume stacker feeding units; (26) DYNARIC (1997) automatic high volume strapping units; (13) QUIPP (1997) VIPER feeders; (13) DYNARIC (1997) automatic rotary conveyor units; (3) COMPLETE CTP lines with automatic plate loaders; (7) FMC AUROPORT robotic transport units & roll prep stations; MULLER MARTINI (1997) 10 station automatic PLC controlled newspaper delivery system; COMPLETE MACHINE SHOP & MAINTENANCE DEPARTMENTS; HUGE SPARE PARTS INVENTORY FOR PRESS & MAIL ROOM EQUIPMENT (OVER $3 MILLION DOLLARS AT COST); RENZMAN (1997) parts washer with solvent recovery system; (4) CATERPILLAR electric forklifts with barrel clamp attachments; TOYOTA electric forklift; (2) CLARK electric pallet trucks; SKYJACK scissor lift; TENNANT floor sweeper; (2) ATLAS COPCO GA 160 air compressors with 1600 & 1900 recorded hours; (3) ATLAS COPCO GA 37 air compressors; (3) ATLAS COPCO FD 700 air dryers; Assortment of high pressure pumps and heat exchangers, hydraulic garbage compactor, garbage bin layering conveyor system, factory support equipment and MUCH MORE!

MAN ROLAND COLORMAN S PRESS LINE

MAN ROLAND (purchased new in 1997 for over $80M) COLORMAN S newsprint printing line composed of (4) interlinked, fully independent double wide, 50", shafted presses capable of running in independent, collect or straight configurations with MAN ROLAND-EAE SUN/UNIX PC based dynamic centralized CNC PRODUCTION&PRESET control; (12) consoles; (12) towers; (26) pasters; with 80,000 CPH (copies per hour) max rated capacity in STRAIGHT configuration, 38,500 CPH per press max capacity in COLLECT configuration, max 160 pages in broadsheet configuration, max 256 pages in tabloid configuration; with 50" max web width, 22" cut-off, 22"x12.5" broadsheet page size, 12.5"x11" tabloid page size, 44" cylinders, 40,000 RPH (revolutions per hour), 2900 feet/minute max web speed.

CURRENT CONFIGURATION

  • PRESS#1 consisting of MAN ROLAND COLORMAN S printing towers #2(4/4), #3(4/2), #4(4/4), #5(4/1), #6(4/2) capable of printing up to 160 pages in 10 sections broadsheet configuration; tabloid printing capability; CERAMIC coated plate cylinders with console controlled register adjustment, automatic plate-up cylinder positioning, self locking tool free plate clamping; NICKEL plated blanket cylinders with max 1.95mm blanket thickness, T-bar blanket locking; film type inking units with RILSAN coated rollers, water cooling temperature control, press speed dependent separate drives; undershot ink blade system; removable double wide ink fountain inserts; ink metering system with V-grooved fountain blades, electric drive fountain roller; independent, automatic, in place with web stationary, roller wash up with pneumatic actuated doctor blade and collecting tray; contactless dampening unit with MAN TURBO centrifugal type 3-roll dampening unit with metering shutters; infrared web break detection;  (5) console actuated angle bar nests; MAN rotary folder 3:2 system with top of form rollers, 70° angle, max 8 ribbons/board, balloon formers with 60° angle, max 5 ribbons/board, nipping rollers, motorized compensators, web severer, (2) knife cut-off cylinder in 180° pattern arrangement, folding & collecting cylinder with dynamic motorized diameter adjustment, folding rollers, delivery belts, (6) paddle stepping wheel delivery fan; GMA F automatic pick-up conveyor with ALLEN BRADLKEY PANELVIEW 550 resistive touch screen PLC control; EAE controls with SIEMENS drives, main power board, LAN to CONSOLE integration, error reporting and logging; MAN ROLAND TECOSYS automatic web tension control system, closed loop system with dancer roller dynamic tension control, 500 N/m max web tension; s/n n/a (may be offered as a complete press or by individual components)
  • PRESS#2 consisting of MAN ROLAND COLORMAN S printing towers #7(4/1), #8(4/4), #9(4/4), #10(4/4), capable of printing up to 112 pages in 4 sections broadsheet configuration; tabloid printing capability; CERAMIC coated plate cylinders with console controlled register adjustment, automatic plate-up cylinder positioning, self locking tool free plate clamping; NICKEL plated blanket cylinders with max 1.95mm blanket thickness, T-bar blanket locking; film type inking units with RILSAN coated rollers, water cooling temperature control, press speed dependent separate drives; undershot ink blade system; removable double wide ink fountain inserts; ink metering system with V-grooved fountain blades, electric drive fountain roller; independent, automatic, in place with web stationary, roller wash up with pneumatic actuated doctor blade and collecting tray; contactless dampening unit with MAN TURBO centrifugal type 3-roll dampening unit with metering shutters; infrared web break detection; MAN rotary folder 3:2 system with top of form rollers, 70° angle, max 8 ribbons/board, balloon formers with 60° angle, max 5 ribbons/board, nipping rollers, motorized compensators, web severer, (2) knife cut-off cylinder in 180° pattern arrangement, folding & collecting cylinder with dynamic motorized diameter adjustment, folding rollers, delivery belts, (6) paddle stepping wheel delivery fan; GMA F automatic pick-up conveyor with ALLEN BRADLKEY PANELVIEW 550 resistive touch screen PLC control; EAE controls with SIEMENS drives, main power board, LAN to CONSOLE integration, error reporting and logging; MAN ROLAND TECOSYS automatic web tension control system, closed loop system with dancer roller dynamic tension control, 500 N/m max web tension; s/n n/a (may be offered as a complete press or by individual components)
  • PRESS#3 consisting of MAN ROLAND COLORMAN S printing towers #11(4/1), #12(4/4), #13(4/4), #14(4/4), capable of printing up to 144 pages in 8 sections broadsheet configuration; tabloid printing capability; CERAMIC coated plate cylinders with console controlled register adjustment, automatic plate-up cylinder positioning, self locking tool free plate clamping; NICKEL plated blanket cylinders with max 1.95mm blanket thickness, T-bar blanket locking; film type inking units with RILSAN coated rollers, water cooling temperature control, press speed dependent separate drives; undershot ink blade system; removable double wide ink fountain inserts; ink metering system with V-grooved fountain blades, electric drive fountain roller; independent, automatic, in place with web stationary, roller wash up with pneumatic actuated doctor blade and collecting tray; contactless dampening unit with MAN TURBO centrifugal type 3-roll dampening unit with metering shutters; infrared web break detection; MAN rotary folder 3:2 system with top of form rollers, 70° angle, max 8 ribbons/board, balloon formers with 60° angle, max 5 ribbons/board, nipping rollers, motorized compensators, web severer, (2) knife cut-off cylinder in 180° pattern arrangement, folding & collecting cylinder with dynamic motorized diameter adjustment, folding rollers, delivery belts, (6) paddle stepping wheel delivery fan; GMA F automatic pick-up conveyor with ALLEN BRADLKEY PANELVIEW 550 resistive touch screen PLC control; EAE controls with SIEMENS drives, main power board, LAN to CONSOLE integration, error reporting and logging; MAN ROLAND TECOSYS automatic web tension control system, closed loop system with dancer roller dynamic tension control, 500 N/m max web tension; s/n n/a (may be offered as a complete press or by individual components)
  • PRESS#4 consisting of MAN ROLAND COLORMAN S printing towers #15 (4/2), #16(4/4), #17(4/1), #18(4/2), #19(4/4) capable of printing up to 160 pages in 10 sections broadsheet configuration; tabloid printing capability; CERAMIC coated plate cylinders with console controlled register adjustment, automatic plate-up cylinder positioning, self locking tool free plate clamping; NICKEL plated blanket cylinders with max 1.95mm blanket thickness, T-bar blanket locking; film type inking units with RILSAN coated rollers, water cooling temperature control, press speed dependent separate drives; undershot ink blade system; removable double wide ink fountain inserts; ink metering system with V-grooved fountain blades, electric drive fountain roller; independent, automatic, in place with web stationary, roller wash up with pneumatic actuated doctor blade and collecting tray; contactless dampening unit with MAN TURBO centrifugal type 3-roll dampening unit with metering shutters; infrared web break detection;  (5) console actuated angle bar nests; MAN rotary folder 3:2 system with top of form rollers, 70° angle, max 8 ribbons/board, balloon formers with 60° angle, max 5 ribbons/board, nipping rollers, motorized compensators, web severer, (2) knife cut-off cylinder in 180° pattern arrangement, folding & collecting cylinder with dynamic motorized diameter adjustment, folding rollers, delivery belts, (6) paddle stepping wheel delivery fan; GMA F automatic pick-up conveyor with ALLEN BRADLKEY PANELVIEW 550 resistive touch screen PLC control; EAE controls with SIEMENS drives, main power board, LAN to CONSOLE integration, error reporting and logging; MAN ROLAND TECOSYS automatic web tension control system, closed loop system with dancer roller dynamic tension control, 500 N/m max web tension; s/n n/a (may be offered as a complete press or by individual components)

STORES & SPARE PARTS INVENTORY

  • COMPLETE STORES and SPARE PARTS INVENTORY (OVER $1.5M AT COST!) comprising of: BEARINGS, motors, drives, valves, pumps, electrical wire, electrical hardware and connectors, chain and sprockets; portable electric oil filtration and transfer unit; assorted drum carts and pneumatic lube pumps & MORE!

REEL SPLICERS

  • (26) MAN ROLAND CD-PASTER 1270FR free standing, fully independent automatic reel splicers with MAN ROLAND/ALLEN BRADLEY touch screen PLC controls, 66.90" max web width; 12.40" min web width; 50" max reel diameter; 2.99" core diameter; 40 feet/second max unwinding speed and auto splice, upgradable to optional AUROLOAD automatic loading; s/n n/a
  • MAN ROLAND chain type automatic WEBBING SYSTEM with up to (4) independent and simultaneous, centrally controlled, programmable web feeds; 1/2, 3/4, 1/1 wide webs independent of position; 131 feet/min max web-up speed; automatic switch points; s/n n/a

PRE-PRESS PLATE PROCESSING DEPARTMENT

  • (3) KODAK-SOUTHERN LITHOPLATE (2007) complete, direct to plate, fully automatic plate processing lines with average 1300 plates/run capacity, consisting of: KODAK (2007) NELA CREOLOADER temperature controlled plate loader with SIEMENS SIMATIC OP7 PLC control; KODAK (2007) TRENDSETTER NEWS drum type laser thermal platesetter with 17"x17.8" min plate cap to 27.5"x38.6" max plate cap, 0.2-0.3mm plate thickness, 1270 dpi max resolution; SOUTHERN LITHOPLATE (2006) 14KW electric plate bake oven; SOUTHERN LITHOPLATE (2006) SLP85 MKIII litho plate processor; BURGESS INDUSTRIES BWF-TF3030 30" x 30" bi directional plate transfer conveyor; BURGESS INDUSTRIES BWF-BTP40 30" x 40" plate transfer conveyor; BURGESS INDUSTRIES BWF-ACB2430-CTP automatic in-line adjustable plate cut-off and bender with TELEMECANIQUE MAGELIS touch screen PLC control; s/n n/a (may be offered as complete lines or by individual components)
  • BURGESS INDUSTRIES automatic plate sorting & stacking system capable of handling up to 1500 plates per batch, with BURGESS PLATE MANAGER PC based CNC control, consisting of: (3) BURGESS INDUSTRIES BWF-TF3030 30" x 30" bi directional plate transfer conveyors; (3) BURGESS INDUSTRIES BWF-ELEV3030 30" x 30" plate elevators; (4) BURGESS INDUSTRIES BWF-TF3030-BL 30" x 30" bi directional plate transfer conveyors; (2)BURGESS INDUSTRIES BTP40-BL 30" x 40" bi directional plate transfer conveyors with side discharge; (10) BURGESS INDUSTRIES BWF-PSS28-BL  bi directional plate transfer systems with side tray discharge; s/n n/a (may be offered as complete lines or by individual components)

POST-PRESS DEPARTMENT

  • (4) GMA (1997 - REPLACED FOR OVER $1.6M NEW EACH) SLS2000 14:2 inserters with PTP and double drop conveyors, modular two boxes with feeders, mfg. max rated at 40,000 cycles per hour in double production, 25,000 CPH mfg. max rated  production speed in standard configuration, 32,000 mfg. max rated production speed in double mode configuration; 400 page broadsheet cap, 800 page tabloid cap, INSERTER MANAGEMENT SYSTEM PC based control; s/n 97.2000.32;
  • (20) GMA (1997) AF200 hopper loaders for GMA SLS 2000 with power adjustable infeed and incline; s/n n/a
  • (14) QUIPP-GMA automatic stack/packaging lines consisting of: (14) QUIPP 351 stackers; (14) GMA high volume stacker feeders; (14) QUIPP VIPER wrappers with bottom or 3/4 wrap, inkjet bar coders; (14) DYNARIC PNP2 turntables; (28) DYNARIC NP-2 high speed, high volume automatic strapping machines; s/n n/a (may be offered as complete lines or by individual components)
  • (2) QUIPP 501 stackers wide model format with touch screen controls, GMA (1997) high volume stacker feeders with ALLEN BRADLEY touch screen PLC controls, s/n n/a
  • MULLER MARTINI (1997) BDS2 fully automatic bundle distribution and delivery system consisting of: (14) MULLER MARTINI 6202 14"x108" approx motorized belt conveyors with MULLER MARTINI 6214 flip-up end units, corner unit; (2)15"x100' motorized belt conveyors with (2) MULLER MARTINI MICROSCAN dynamic barcode readers, (2) MULLER MARTINI pneumatic push diverters, (4) 15"x100' motorized belt conveyors with (40)  MULLER MARTINI pneumatic push diverters; (20) MULLER MARTINI MM6260 hydraulic tilt and elevate wide belt motorized conveyors; telescopic truck loading conveyors; MULLER MARTINI PC based controls and integration; s/n n/a (may be offered as a complete line or by individual components)
  • (4) MULLER-MARTINI/GMA NEWSGRIP aluminum track transport conveyor systems with independent PLC controls, approx 4000 linear feet, (#1 - 1400' approx; #2 - 1000' approx; #3 - 800' approx; #4 - 800' approx), motorized, variable speed - printing press dependent; s/n n/a (may be offered as lines or by individual components)

PRODUCTION SUPPORT EQUIPMENT

  • MAN ROLAND AUROSYS semi-automatic reel splicing preparation system capable of handling 66" x 50" diameter reels, consisting of: AUROROLL heavy duty roller infeed conveyor with (2) hydraulic reel up-enders; (2) AUROCUT unwrap/prep stations with (2) METTLER TOLEDO dynamic digital scales and bar code scanners, (2) in-floor conveyors with hydraulic turn tables and (10) reel buffer zone; (2) MAN ROLAND AUROPREP stand alone automatic reel splicing preparation machines with PLC controls; outfeed conveyor; s/n n/a (may be offered as a system or by individual components)
  • FMC/MAN ROLAND AUROPORT fully automatic intermediate reel storage/retrieval and management system consisting of: (7) FMC AUROPORT ROBOTIC AGV'S (Automated Guide Vehicles) with FMC WATCHDOG collision avoidance and bump stop controllers; (40+) sections of AURORACK heavy duty 2 tier reel storage racks; FMC AUROPORT guide path controller and management unit; (3) HOPPECKE heavy duty automatic battery chargers; s/n n/a (may be offered as a system or by individual components)
  • INK FARM consisting of (3) STEEL STRUCTURES INC. 1240 GAL cap, 6' diameter metered color ink holding tanks; (2) STEEL STRUCTURES INC. 6720 GAL cap, 10' diameter metered black ink holding tanks; color ink tote; (9) LINCOLN 84808 pneumatic transfer pumps; PLC control board with metering scales DRO's; s/n n/a (may be offered by individual components)
  • WATER/SOLVENT recovery system with TECHNOTRANS TF4 WM solvent recycling unit; (3) stainless steel solvent totes; (2) TECHNOTRANS TWV 100 stainless steel reactors; pumps; plumbing and integration; NITROGEN pumping station; s/n n/a (may be offered by individual components)
  • MACHINERY DESIGN waste/scrap paper handling system consisting of MACHINERY DESIGN hydraulic cart up-ender, dumping hopper with motorized, incline cleated belt conveyor approx 60'; (2) approx 20' power cross belt conveyors; 300' approx overhead power transport conveyor system; converge chute; automatic shuttle type traverse discharge conveyor with dual container chute; s/n D27937 (may be offered by individual components)
  • DW RENZMAN TYPE 320 automatic ink bucket washing machine with recovery and recycling system; s/n 27050
  • CUSTOM/ALFA LAVAL press water chiller system consisting of (10+) pumps; (3) ALFA LAVAL heat exchangers; (2) roof top chiller units; s/n n/a

MAINTENANCE DEPARTMENT

  • AFM (1999) TUG40 gap bed engine lathe with 40" swing over bed; 80" centers; 10" chuck; 2.5" spindle bore; speeds to 1600 RPM; in/mm threading; MITUTOYO 2 axis DRO; coolant; steady rest; follow rest; 220V/3Ph/50-60Hz; s/n 8948
  • BREDA R915L 40" radial arm drill with 9" column; MT#4 taper; speeds to 2000 RPM in 14 ranges; 3HP; box table; 240V/3Ph/50-60Hz; s/n 45927
  • FIRST LC-20VS vertical turret milling machine with 10" x 51" table; #40 taper; speeds to 4500 RPM infinitely variable; MITUTOYO 2 axis DRO; power table feed; 5HP; 220V/3Ph/60Hz; s/n X.0101.417
  • DOALL 1612-U vertical band saw with 16" throat; 12" max work piece height; 24"x24" table; blade welder & grinder; 220V/3Ph/60Hz; s/n 146 631457
  • WILTON 10" metal cutting horizontal band saw; s/n n/a
  • POWERMATIC 30B floor type combination 6" belt, 10" disc sander; s/n 99307324
  • OTC 50 TON air/hydraulic H-frame shop press; s/n 9650
  • BROWN BOGGS 237A 36"x18GA foot shear; s/n n/a
  • CANADIAN 16" heavy duty floor type drill press: s/n n/a
  • CANOX C250E AC/DC ARC welder with cables and gun; s/n n/a
  • LINCOLN POWER MIG 255 portable MIG welder with cables and gun; s/n n/a
  • CANOX CHF-15 portable TIG welder with cables and gun; s/n CO69592
  • P&H 3 TON overhead monorail system with 3 ton hoist; s/n n/a

ROLLING STOCK

  • (2) CATERPILLAR 2EC30 6,000 lbs cap electric forklifts with 3-stage high visibility mast, 188" max vertical reach; cushion tires; CASCADES 0400-RC-03B 4,000 lbs cap reel clamp attachments; PRESTOLITE R SERIES 36/48V automatic battery charger; s/n A2LC360971; A2FC360974
  • (2) CATERPILLAR MC60DSA 5,800 lbs cap electric forklifts with 3-stage high visibility mast, 188" max vertical reach; cushion tires; CASCADES 0400-RC-03B 4,000 lbs cap reel clamp attachments; PRESTOLITE R SERIES 36/48V automatic battery charger; s/n 8BB01636; 8BB01642
  • TOYOTA 5FBC25 4,800 lbs cap electric forklift with 3-stage high visibility mast, 169" max vertical reach; side shift; cushion tires; PRESTOLITE AC500 48V automatic battery charger; approx 25,500 recorded hours; up to date safety inspection; s/n 10845
  • CROWN 2000lbs cap walk behind electric forklift truck with 90” max vertical reach; built in charger; s/n n/a
  • (2) CROWN 60P5-27-3 6,000 lbs cap, ride-on electric pallet trucks with HOBART R-SERIES 24V automatic battery chargers; s/n n/a
  • CROWN WP2335-45 4,500 lbs cap, electric pallet truck with on board 24V automatic battery charger; s/n 5A392874
  • SKYJACK SJ-4626 electric scissor lift with 850 lbs cap; 26' max vertical reach; 24V automatic on board charger; up to date safety inspection; s/n 701 100
  • TENNANT 7200 ride-on electric floor scrubber with 36V battery charger; 5900 recorded hours; s/n n/a

FACTORY EQUIPMENT

  • MARATHON TRASH COMMANDER hydraulic waste compactor with up-ender and 40 yard roll-off closed container; s/n n/a
  • METTLER TOLEDO 48"x48" platform floor scale with METTLER TOLEDO BBA442 DRO; s/n n/a
  • (4) ATLAS COPCO GA160 200HP screw type air compressors with ELECTRONIKON microprocessor control; 7,422/8,675/14,500/11,600 recorded running hours  ; s/n AIF.038728; AIF.038731; AIF.038730; AIF.038729
  • ATLAS COPCO GA37 50HP screw type air compressor with ELECTRONIKON microprocessor control; s/n 322027
  • ATLAS COPCO ES360 digital centralized compressor controller/sequencer with touch screen control; s/n n/a
  • ATLAS COPCO ES100 digital centralized compressor controller/sequencer; s/n n/a
  • (3) ATLAS COPCO FD700 refrigerated air dryers; s/n n/a

ALSO:

MILWAUKEE magnetic base drill; DELTA heavy duty bench type drill press; (2) BALDOR 6" double end pedestal grinders; (3) double end bench grinders; MILWAUKEE abrasive cut-off saw; torch caddy with tanks; heavy duty steel welding table with (2) 6" swivel bench vises; PLYMOVENT snorkel fume extractor with blower; (2)BISHAMON rolling hydraulic scissor lift table; large quantity of SPENAUER and FASTENAL index cabinets with fastening hardware; Large quantity of hand tools, power and pneumatic tools; (5+) hydraulic floor jacks; assorted bar stock and raw materials; (30+) sections of medium duty REDI-RACK pallet racking; Large quantity of fiberglass and aluminum A-frame ladders; (30+) rolling tool boxes with tools; (10+) hydraulic pallet trucks; (2) reel handling hydraulic pallet carts; stainless steel wash tubs; portable pneumatic high volume diaphragm pump; (8+) rolling step ladders; (30+) 4'x4'x3' open side rolling steel bins 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.

Payment

A Buyer's Premium of 15% for all onsite bidders and 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 pickup@corpassets.com to arrange.

* For shipping large items, trucking and transport services are available through Fuze Logistics Inc.
Fuze Logistics Services Inc.
Mr. Chris Tan
941.702.3310
machinerylogistics@fuzelogistics.com
www.fuzelogistics.com

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
buffalo@montyinternational.com
www.montyinternational.com
Omega Customs Brokers Inc
Ralph Ronderos
305.592.5656 EXT 1005
ralph@omegacb.com or omegacb@omegacb.com
www.omegacb.com