Surplus to the Ongoing Needs of

Fist Consulting Inc.

Complete Fabricating Facility



Tuesday, August 23, 2016

Start Time

10:30 AM EDT


Monday, August 22 from 9:00 A.M. to 5:00 P.M. and morning of auction to start of auction.


Small items: August 22 by 5 PM
Remaining items: August 29 by 5 PM




FEATURING: PEARSON 16’ x ½” shear; ALLSTEEL 12’ x ½” shear; COLUMBIA 12’ x 1/8” shear; CINCINNATI 400 ton press brake; VERSON 190 ton x 14’ press brake; PNEUCO 12’ x 12 gauge press brake; Heavy plate rolls; LARGE ASSORTMENT OF welders & welding equipment, press brake dies, manual rolls, electrical hardware & accessories, NEDERMAN fume extractor, sea container, plant support equipment & MORE!


  • PNEUCO 012-75 75 ton press brake with 12’ overall bending length, 123” in between, 12 gauge bending cap, mechanical back gauge s/n: c167-030
  • CINCINNATI 150 ton press brake with 216” overall bending length, 150” in between, mechanical back gauge s/n: n/a
  • VERSON B-912 190 ton press brake with 14’ overall bending length, 149” in between s/n: n/a


  • PEARSON 16-5 hydraulic shear with 207” overall cutting length, 197” in between, mechanical back gauge s/n: n/a
  • COLUMBIA 412 PSG hydraulic shear with 148” overall cutting length, mechanical back gauge s/n: w161-3
  • ALLSTEEL ½-12 hydraulic shear with 12’ overall cutting length, 146” in between, ½” mild/ 3/8” stainless capacity, mechanical back gauge s/n: s-5005

Ancillary Equipment

  • NILES TOOL WORKS 147” plate bending rolls s/n: n/a
  • MFG N/A 15 ton hydraulic h-frame shop press s/n: n/a
  • MFG N/A 19” double end heavy duty pedestal grinder
  • MFG N/A pipe bender
  • CASER radial arm shop drill with speeds to 2300 rpm, t-slot table s/n: n/a


  • (3) MILLER SRH333 arc welder
  • HOBART R400S arc welder
  • (2) LINCOLN ELECTRIC IDEAL ARC 250 arc welder
  • PROLINE CV200 mig welder with COBRAMATIC wire feeder
  • ESAB 43CV plasma cutter


LARGE OFFERING of steel stock consisting of plate, round bar, square bar, angle irons, piping, WELDING SUPPLIES consisting of welding wire, electrodes, welding curtains, lifting equipment, ladders, work benches, ladders, power tools and hand tools, saw horses, shelving units and 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. 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 to arrange.

* For shipping large items, trucking and transport services are available through Fuze Logistics Inc.
Fuze Logistics Services Inc.
Mr. Chris Tan

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
Omega Customs Brokers Inc
Ralph Ronderos
305.592.5656 EXT 1005 or