Surplus Assets of a

Communications & Electronics Manufacturing Firm (2)

Final Sale of the Facility’s Remaining Assets!


Wednesday, November 29, 2017 - Tuesday, December 5, 2017

Start Time

10:00 AM EST



BY APPOINTMENT ONLY. Please call 416.962.9600 for more details.


BY APPOINTMENT ONLY. Please call 416.962.9600 for more details.


SPECIAL TERMS: To participate in this auction all interested buyers must pre-register a minimum 48 hours in advance. To be approved as a bidder, all buyers must complete the Registration Form subject to our client's review. NO EXCEPTIONS!

UNIVERSAL TECHNOLOGIES GSM II dual beam pick and place machine with PC based control (HDD not available/not included); UNIVERSAL TECHNOLOGIES GSM I single beam pick and place machine with PC based control (HDD not available/not included); APPLIED CONVEYOR ENGINEERING board transfer conveyors; UNIVERSAL TECHNOLOGIES PTF platform tray feeder; MITUTOYO B311 coordinate measuring machine; MURPHY 25 HP explosion proof, cyclonic type dust collector; (3) CUSTOM lab chemical fume exhaust hoods with fire suppression; ELECTRONIC LAB and TEST EQUIPMENT featuring HEWLETT-PACKARD, SCWARZ, HIOKI, TEKTRONIX and MITUTOYO power supplies, wave detectors, oscilloscopes and spectrum analyzers; HIBOY shop storage cabinets; four-wheel rolling shop carts; inspection and QA equipment consisting of gauges, calipers, micrometers and verniers; selection of static benches with flex lights; electronic testers and inspection equipment; quality brand name hand tools and power tools; LISTA type tool cabinets; butcher block top work benches and tool boxes; sections of medium duty pallet racking and steel shelving; fully equipped commercial kitchen; late model office furniture; board room furniture and equipment; BIG SCREEN TV'S and MONITORS; business machines 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.





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.


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.


Download Full Payment Information
Download Buyer Deposit Form
CAD Wire Transfer Details
USD Wire Transfer Details
GBP Wire Transfer Details
EUR Wire Transfer Details

Proxy Bidding

To place a proxy bid, please refer to the Corporate Asset Inc. PROXY BID FORM or email us at: 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