ITEG Machinery Inc.

Custom Fabricating & Machining Facility



Wednesday, May 21, 2014

Start Time

1:30 PM EDT


Wednesday, May 21, 2014 from 8:00 A.M. to start of auction.


Small Items: Thursday, May 22 before 5:00 P.M.
Remaining Items: Wednesday, May 28 before 5:00 P.M.



CUSTOM FABRICATING & MACHINING FACILITY FEATURING: Press brakes, shears, floor type horizontal boring mill, planer mill, CNC turning center, radial arm drills, horizontal bandsaws, vertical milling machines, engine lathes, cylindrical grinders and accessories, overhead bridge crane, shop presses, welding equipment and accessories, perishable tooling, factory support equipment and MORE!


  • AZTECH (REBUILT 2014) D8091 hydraulic press brake with 80 ton cap., 12’ bed, 10’ 6” between housings, 6” stroke, 15” daylight s/n 0058
  • ITEG (REBUILT 2014) 8’ X ¼” hydraulic shear with front operated power back gauge, DRO, variable cut length, 8’ squaring arm, front supports s/n 047S


  • MAZAK QT 20 CNC turning center with MAZATROL T-1 control, 11.81” max. turning cap., 19.7” max. turning length, 3 1/4” spindle bore., speeds to 4000 RPM, 8 station turret, 10” chuck, tailstock, chip conveyor s/n YMCQT284055
  • PONTIAC 145” X 42” hydraulic open side planer mill with (2) 10 HP milling heads, pendant control
  • VDF 18” X 48” engine lathe with 2 ½” bore, speeds to 1050 RPM, threading DRO
  • TOS FA5BV vertical milling machine with 17.5" x 78.5" table, speeds to 1400 RPM s/n 26924
  • HOLKE F-11V vertical milling machine with 10” X 45” table, speeds to 4080 RPM, DRO, power table feed
  • BERGONZI TM50 HYDROBLOC 5’ radial arm drill with 13” column, speeds to 1620 RPM box table
  • NOEL ERNAULT turret lathe with 18” swing, 6 position turret s/n n/a
  • CAROLINA  CP 100 50 ton hydraulic shop press s/n 00827
  • NORTON 8” X 20” plain cylindrical grinder s/n n/a
  • NORTON 12” X 36”  hydraulic surface grinder s/n n/a
  • QUALTERS & SMITH B7A automatic horizontal band saw with 7” dia., cap power stock feed, infeed conveyor
  • WALKER TURNER vertical band saw
  • 10 HP tank mounted piston type air compressor


  • Free standing crane system consisting of 10 ton double girder top running bridge crane with 30’ span, 13 ½’ vertical lift, approx. 60’ runway, bus bar, rail & columns
  • ALLIS CHALMERS 12000 lbs. LPG forklift with solid tires
  • GMC SAVANA cube van S/N: 1GDJ31F5V1096483


CANOX C-SRM welder, (2) HOBART MIG welders, machine accessories, tooling, steel tables, spare parts, power tools, hand tools cabinets and more


5500 Hochelaga, local 650
Montreal, QC H1N 3L7
MOBILE: (514) 865-9350
BUSINESS: (514) 355-6000


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.


This sale will be conducted in CDN funds.
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