Assets of

Wärtsilä Canada Industrial Repair

Large Capacity CNC Turning & Boring Facility

Date

Tuesday, September 10, 2019

Start Time

9:00 AM PDT

Inspection

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

Removal

Small items: Wednesday, September 11 by 5:00 P.M. 
Remaining items: Friday, September 20 by 5:00 P.M.

Location

Assets of Wartsila Canada Industrial Repair
1771 Savage Road, Richmond, British Columbia, Canada, V6V 1R1

Industry

Machining

FEATURING: OM (2015) OM-16TX, 72” CNC vertical boring mill w/ FANUC CNC control; TOSHIBA TUE-15, 60” CNC vertical boring mill w/ FANUC CNC control; NILES 99” twin ram vertical boring mill; WEBSTER & BENNET 36”, vertical boring mill; BULLARD 30” vertical boring mill; FEMCO (2007) BMC-110R2, 4” CNC table type horizontal boring mill w/ 63” Full B-Axis, FANUC CNC control, tool changer etc.; FARO (2016) portable CMM; TAFA metalizing spray equipment; RE-TOS W-100A, table type horizontal boring mill; HECKERT 4.3” table type horizontal boring mill; DOOSAN (2015) PUMA 4100L, CNC turning center w/ hydraulic steady rest, FANUC CNC control etc.; KAO-MING (2000) KMC-2000SD, CNC bridge type vertical machining center; POREBA TPK 110 x 6M, large capacity engine lathe; TOS (2008) SN 710S, 12” x 140” engine lathe; MAZAK 18”/24” x 96” gap bed engine lathe; SIRCO 24” x 60” engine lathe; FORTWORTH (2010) G450B, dual spindle heavy duty milling machine; HYD-MECH S-20 SERIES II, horizontal saw; FIRST dual spindle milling machine; COMPLETE BABBITT DEPARTMENT (COMPONENTS NEW AS 2015); ARONSON 72,000lb capacity tilt & rotate welding manipulator; RANSOME 20,000lb capacity tilt & rotate welding manipulator; (2) ARONSON (2000) 6000lb capacity welding manipulators; SEVERAL welding departments consisting of sub-arc welding systems, (25+) welders, boom systems, positioners & manipulators etc.; CANEFCO 2000F car bottom heat treat furnace; NICHOLSON 4’ x 4’ x 4’ electric batch oven; DYNAPOWER (PURCHASE NEW FOR $50K) 3000 AMP rectifier; DANOBAT RE1200 A, cylindrical grinder; CINCINNATI 16” x 72” universal cylindrical grinder; SUNNEN MBB 1600, honing machine; MORRISON key seater; RK hydraulic press; QUADRA JET parts washer; CLARK 16,000lb capacity outdoor forklift; TOYOTA 5000lb indoor LPG forklift; (2) 5 ton x 40’ single girder bridge cranes; LARGE OFFERING OF precision tooling and machine tool accessories, rolling tool cabinets, angle plates, fabricating and machining support equipment, heavy industrial racking, steel plate & raw material inventory, inspection equipment & MUCH MORE!

AUCTION CONDUCTED BY CORPORATE ASSETS INC. PROUDLY IN CONJUNCTION WITH:

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 16% for all onsite bidders and 18% for all Webcast (Remote) bidders will apply at this sale.

THIS SALE WILL BE CONDUCTED IN USD.

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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