Aerospace & Medical Parts Manufacturer



Wednesday, May 10, 2017

Start Time

1:00 PM EDT


Wednesday, May 10 from 9:00 A.M. to start of auction.


Small items: Thursday, May 11 by 5:00 P.M.
Remaining items: Friday, May 19 by 5:00 P.M.




FEATURING: DAEWOO (2003) DVC 320, CNC twin pallet vertical machining center; BROTHER TC-31A, 5 axis CNC twin pallet vertical machining center; HARDINGE VMC 1000, CNC vertical machining center; TOPPER VMC 400, CNC twin pallet vertical machining center; HAAS VF-0, CNC vertical machining center; LEADWELL LTC-15, CNC turning center; HYDROVANE air compressor; ZEKS refrigerated air dryer; COMPARE 5HP air compressor; Assortment of CAT 40 tool holders, (15) G6 aluminum & standard machining vises, (2) 4th axis rotary tables, vertical and horizontal saws, MITUTOYO CMM, aluminum & brass raw material, high precision tooling and perishable equipment, factory support equipment & MORE!


  • BROTHER TC-31A CNC twin pallet, 4 axis high speed drilling and tapping vertical machining center with BROTHER CNC A00 CNC control, 19.7" x 10.6" turntable type twin pallets with YUKIM CNC 4th axis rotary tables, travels X-13.8", Y-9.8", Z-13.8", 25 station ATC, BT30 taper, speeds to 16,000 RPM, coolant, chip conveyor, s/n 111905
  • TOPWELL TONGTAI TMU-400APC CNC twin pallet vertical milling, tapping and machining center with FANUC 0-M CNC control, 20" x 12" turntable type pallets, travels X-16", Y-12", Z-12", speeds to 12,000 RPM, 14 station ATC, 7.5 HP, coolant, chip auger, s/n 8410


  • DAEWOO (2003) DVC-320 CNC twin pallet vertical machining center with FANUC 21i-M CNC control, 14" x 25.50" turntable type pallets, travels X-20.40", Y-12.50", Z-11.80", speeds to 10,000 RPM, CAT40 taper, 14 station ATC, 10 HP, coolant thru spindle, chip conveyor, s/n TC320081
  • HAAS VF0 CNC vertical machining center with HAAS CNC control, 26" x 14" table, travels X-20", Y-16", Z-20", speeds to 7,500 RPM, CAT40 taper, 20 station ATC, 15 HP, coolant , chip tray, s/n 7368
  • HARDINGE MMC1000 CNC vertical machining center with FANUC O-MD CNC control, 20" x 40" table, travels X-40", Y-20", Z-20", speeds to 8,000 RPM, 40 taper, 24 station ATC, 15 HP, coolant , chip tray, s/n MM347


  • LEADWELL LTC-15 CNC turning center with FANUC OT-A CNC control, 12.99" max turning diameter, 20.47" max turning length, 8" chuck, 8 station turret, speeds to 4,500 RPM, coolant, chip conveyor, s/n 25100


  • STANDARD MODERN UTILATHE tool room lathe with 10" swing, 24" between centers, TECH 2 axis DRO, s/n U1285
  • DELTA ROCKWELL 6" vertical band saw, s/n n/a
  • DOALL ML vertical band saw, s/n n/a
  • BAXTER 10" metal cutting horizontal band saw, s/n n/a
  • MILLER MILLERMATIC 251 digital MIG welder with cables and gun, s/n LC016041
  • DAREX E-90 tool and cutter grinder, s/n 90866
  • ALEXANDER 2CG tool and cutter grinder, s/n 3634N


  • MITUTOYO BH706 CMM coordinate measuring machine with RENISHAW PH-1 touch probe, PC WINDOWS based MITUTOYO GEOPACK software, 28" x 24" x 18" measuring envelope, s/n 9101317
  • MITUTOYO BRIGHT  CMM coordinate measuring machine with RENISHAW PH touch probe, PC WINDOWS based MITUTOYO DCC software, 28" x 39" x 24" measuring envelope, s/n 0484605


  • HYDROVANE SR13000R 50 HP screw type air compressor, s/n 20HV388277
  • ZEKS HTA040A100 refrigerated air dryer, s/n 130064-1M298
  • RK MACHINE 5 HP tank mounted piston type air compressor, s/n n/a
  • AH FLO 5 HP tank mounted piston type air compressor, s/n n/a


CAT 40 tool holders, BT30 tool holders, well maintained inspection equipment including MITUTOYO metric outside micrometers, MITUTOYO Vernier calipers, FOWLER digital outside micrometers, MACHINE TOOL ACCESSORIES consisting of R8 collets, 16C round & hex collets, 5C round & hex collets, ER16 Collets, Reversing Tapping Heads, live and stationary centers, carbide insert boring bars, soft jaws, bolster plates, GS modular vises; assortment of shop cabinets and work benches and MUCH MORE!


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 16% 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. Contact for details. The Buyer's Premium does not apply to posted rigging fees.