Surplus to the Ongoing Needs of

Crown Cork & Seal USA, Inc.

General Machining, Fabricating & Plant Support Assets



Thursday, May 18, 2017

Start Time

1:00 PM EDT


Thursday, May 18 from 9:00 A.M. to start of auction.


Small items: Friday, May 19 by 5:00 P.M.
Remaining items: Thursday, May 25 by 5:00 P.M.


Machining | Fabricating

FEATURING: (2) MARATHON M450X 125,000 ft/lbs cap hydraulic metal can crusher compactors; LEBLOND engine lathe; DEAN SMITH & GRACE TYPE 17 engine lathe; MONARCH 612 engine lathe; SHELDON MACHINE CO. WS-46-P tool room lathe; KASUGA FXU-800 vertical mill; (2) BRIDGEPORT vertical mills; CINCINNATI CINOVA 80 307-14 universal mill; BROWN AND SHARPE 824 MICROMASTER hydraulic surface grinder; JONES AND SHIPMAN 1400 hydraulic surface grinder; DOALL DBW15; KALAMAZOO 8-C-W horizontal band saw; CLAUSING gearhead drill; MFG N/A 10 ton H-frame shop press; ST INDUSTRIES 20-3500 optical comparator; JONES & LAMSON E45826 optical comparator; MILLER ECONOTIG TIG welder; POWERSMART Q51750ALA4 150hp screw type air compressor; (2) PNEUMATIC PRODUCTS 1600DHA-EM1-F01-P4-SP air dryer system; (2) PNEUMATIC PRODUCTS AT-24-AL carbon absorber toner;(4) PNEUMATIC PRODUCTS PCC118003G6S pre filters; (3) FLSMIDTH FUL-VANE V120SS transfer blowers; FANUC M710 7 axis robot arm; LEE PS286-50 2000LBS capacity electric die cart; LANTECH SYSTEMS variable speed pallet wrapper; SIGNODE SPIRAL GRIP pallet wrapper. Huge inventory of electric motors ranging from 2hp to 50hp, Gearboxes, Variable Frequency Drives, PLC’s. Small machines consisting of: double end pedestal grinders, arbor presses, pipe benders. Power tools including: MILWAUKEE mag base drill, MILWAUKEE/METABO heavy duty drills, MILWAUKEE reciprocating saws, MILWAUKEE circular saws, MILWAUKEE portable band saws. Hand tools, specialty tools including: GREENLEE knock out punch sets, hole punches, pullers and much more. Precision measuring equipment consisting of: Height gauges, MITUTOYO inside and outside micrometers, MITUTOYO/ STARRET vernier calipers, STARRET block gauges, dial indicators, ROCKWELL hardness testers. Pallet trucks, barrel dolleys, hand dolleys, carts, heavy duty parts cabinets, highboy cabinets, butcher block work benches, work benches, (4) self dumping hoppers, 20+ sections of adjustable pallet racking, heavy duty steel shelving. LARGE QUANTITY OF TOOL STEEL, ALUMINUM SQUARE AND BAR STOCK, factory equipment consisting of: (10+) rolling composite waste bins, (30+) step ladders, waste scrap containers and cleaning implements and A LARGE SELECTION of office furniture and file cabinets 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 16% for all onsite bidders and 18% for all Webcast (Remote) bidders will apply at this sale.

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Download Buyer Deposit Form

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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