Large MFG of Closed Cell Foam Rubber

Unique Opportunity!

 

Date

Wednesday, August 31, 2022

Start Time

10:30 AM EDT

Inspection

BY APPOINTMENT ONLY. Please email info@corpassets.com to arrange a date and time.

Removal

All assets must be removed no later than Friday, September 30 by appointment only. Rigging details to follow.

Industry

Rubber
 

Corporate Assets Inc. is pleased to announce the upcoming auction sale of a Large Manufacturer of Closed Cell Foam Rubber. This is a unique opportunity to acquire a complete manufacturing facility along with the intellectual property pertaining to the closed cell foam rubber manufacturing process. This includes but is not limited to proprietary compound recipe files, methods, and tooling, etc.

 

THE MANUFACTURING EQUIPMENT FEATURES: BANBURY D-13 internal mixer with 600 HP drive motor; BANBURY D-11 internal mixer with 590 HP drive motor; (2) BOLLING 26x26x84 rubber mills; (2) ADAMSON 26x26x84 rubber mills; ERIE ENGINE 26x26x84 rubber mill; NRM Corp. 10” LH rubber extruder with 100 HP drive motor; NATIONAL ERIE LH 8.5” rubber extruder with 100 HP drive motor; TIC (2013) RE160250 63”X98.5” steam heated expansion press; DACH-CHAU RE-126260-A1 49”X98.5” steam heated expansion press; WISCONSIN OVEN (2019) EWN-88-8 500 deg F max & 1M BTU capacity natural gas fired oven; YOUNG & BERTKE steam heated curing oven; (3) BALDWIN 48”x60” steam heated hydraulic expansion presses; COMPOUND ROOM equipment comprising of RMPK-2 hydraulic bale breaker, FAIRBANKS digital scales and belt transport conveyors; COMPLETE LAB including CHATILLON (2018) TCD-110 digital tensile tester, LINDBERG BLUE M electric lab oven, BLUE M steam batch curing oven, METLER TOLEDO digital analytical balance scale, SP-101B slip & peel tester, BOLLING 6x6x13 laboratory rubber mill, BIRMINGHAM 6x6x13 laboratory rubber mill, FARRELL BANBURY 40 HP intensive laboratory mixer, ALPHA TECHNOLOGIES APA 2000 oscillating die type digital advanced polymer analyzing system, MONSANTO 100 oscillating disk rheometer, WABASH 30 ton capacity 15”x15” electric heated platen press, FARREL four post hydraulic laboratory press with 30" x 30" steam heated platens, OREC MODEL-0500 environmental test chamber, Q-PANNEL Q.U.V accelerated U.V. weathering test system, HART SCIENTIFIC digital fogging test chamber, lab support equipment including EXTECH digital thermo-hygrometer, FISHER standard sieves, calibration weight set, FISHER SCIENTIFIC THERMIX 210T bench type hot plate, lab accessories and supplies; PROCESS SUPPORT EQUIPMENT featuring CLAYTON gas fired steam generator, (2) STERIS electric steam generators, CHROMALOX electric steam generator, KAESER (2019) KSD 75 rotary screw type air compressor with 75 HP, AIRTEK desiccant type air dryer, (2) outdoor pad type dust collectors; water chiller system with pumps, tank and tower; ANGUIL outdoor pad type catalytic thermal oxidizer; MAINTENANCE DEPARTMENT including LINCOLN ELECTRIC RANGER-8 gas powered ARC welder, MILLER 250 MIG welder, TOS floor type drill, RIDGID 1822-I portable power threader, RIDGID threading set with dies, power head, reamer and tri-stand, hand tools, power tools, lifting supplies, shelving with MRO parts, supplies and components, workbenches, cabinets and storage racks, CRAFTSMAN rolling mechanic’s tool boxes, GREENLEE hydraulic pipe and conduit bender set, HILLMAN 8 ton capacity machinery moving dolly set; HYSTER 8,000 LBS capacity LPG forklift; KOMATSU 4,000 LBS capacity LPG forklift; MARK INDUSTRIES M-25 electric scissor lift; POLYMAER MACHINERY CORP MODEL 1526 75 HP granulator with SAFINA 7.5 HP cyclonic type blower; REMLINGER 6”X16’ hydraulic driven portable screw auger conveyor; DAY MANUFACTURING stainless steel batch blender with load cells and digital scale; MFG UNKNOWN twin cylinder hydraulic molding press; HARRINGTON 2 TON capacity jib crane; LARGE SELECTION OF RAW MATERIALS including synthetic hydrocarbon rubber pellets, synthetic virgin rubber, activating compounds, coloring, kaolin, catalysts and mixing compounds; MIMAKI (2015) JFX200-2513 large format 6-color UV inkjet printer; LARGE CAPACITY pad type transformers, electrical switchgear, disconnects, breakers, and MORE!

INTERNAL MIXERS

  • BANBURY D-13 internal batch mixer with retrofit PLC control, standard hopper, 2-wing chrome rotor, drop door, auto lube system, universal rotary unions; FARREL SRH size 26 gear reducer with 600/450 HP, 154/202 RPM; GENERAL ELECTRIC 5K850954CI electric motor with 600-400HP/890-595RPM/2300V/3PH/60HZ; MFG. UNKNOWN oil injection system; MFG. UNKNOWN approx. 45' x 25' 3-level mezzanine, s/n: n/a
  • BANBURY D-11 internal batch mixer with 237L batch capacity, retrofit control, standard hopper, 2-wing chrome rotor, drop door, auto lube system, universal rotary unions; FARREL SRH 302 size 11B gear reducer with 600/450 HP, 441/590 RPM; WESTINGHOUSE CS electric motor with 600-450HP/585-439RPM/2300V/3PH/60HZ, s/n: n/a

RUBBER MILLS

  • ADAMSON 26" x 26" x 84" two roll rubber mill with 26" diameter cored smooth rolls, 84" roll width, universal rotary unions, manual nip adjustment, emergency push bar, stock guides, direct drive; LINKBELT BDS 6300-62 gear reducer with 38.33:1 ratio, 150 HP max. input power, 460 max. input rpm; LOUIS ALLISS CABX electric motor with 300HP/595RPM/2300V/3PH/60HZ; floor plate approx. 130 SQ/FT x 2.5" thick, s/n: n/a
  • STEWART BOLLING 26" x 26" x 84" two roll rubber mill with 26" diameter cored smooth rolls, 84" roll width, universal rotary unions, manual nip adjustment, emergency perimeter wire, stock guides, variable speed, direct drive; LUFKIN BDS 1280 gear reducer with 28.05:1 ratio; WORLDWIDE WWE125-18-444T electric motor with 125HP/1785RPM/230-460V/3PH/60HZ; ABB (2016) ACS550-U1-157A-4 variable frequency drive with digital controls, 125HP/380-480V/3PH/48-63HZ; combination I-beam & floor plate base approx. 60 SQ/FT x 2.5" thick, s/n: X12235X
  • STEWART BOLLING 26" x 26" x 84" two roll rubber mill with 26" diameter cored smooth rolls, 84" roll width, universal rotary unions, manual nip adjustment, emergency perimeter wire, stock guides, variable speed, direct drive; LUFKIN D912 gear reducer with 39.50:1 ratio, 700 RPM, 200-300 HP rating; WESTINGHOUSE electric motor with 200HP/690RPM/440V/3PH/60HZ; VFD control cabinet; I-beam frame, s/n: 7483
  • STEWART BOLLING 26" x 26" x 84" two roll rubber mill with 26" diameter cored smooth rolls, 84" roll width, universal rotary unions, manual NIP adjustment, emergency perimeter wire, stock guides, variable speed, direct drive; LUFKIN D912 gear reducer with 39.20:1 ratio, 720 RPM, 200-300 HP rating; GE TYPE R electric motor with 250HP/590RPM/440V/3PH/50HZ; control cabinets and VFD; I-beam frame, s/n: n/a
  • ERIE ENGINE MFG. EMCO 26" x 26" x 84" two roll rubber mill with 26" diameter cored smooth rolls, 84" roll width, universal rotary unions, manual nip adjustment, emergency perimeter wire, stock guides, variable speed, direct drive; LUFKIN D912 gear reducer with 39.20:1 ratio, 720 RPM, 200-300 HP rating; GE 5K6343AP1 electric motor with 200HP/705RPM/440V/3PH/50HZ; VFD and disconnects; floor plate base approx. 160 SQ/FT x 2.5" thick, s/n: n/a

RUBBER EXTRUDERS

  • NRM CORP. 10" LH rubber extruder with steam heated barrel, 15.50:1 reduction ratio, upgraded digital VFD and temp controls, s/n: T 133100
  • NATIONAL ERIE 8.5" LH rubber extruder with steam heated barrel, reduction ratio, s/n: 11284
  • MFG. UNKNOWN EXTK2 36" cut-off mechanical power shear, with roller conveyor table, s/n: n/a

EXPANSION PRESSES

  • TINYANN (2013) RE-160250 hydraulic expansion press with (6) 63" x 98" steam heated platens, 7.87" max. daylight opening, 47.25" stroke, digital temperature controls, hydraulic power pack, 440V/3PH/60HZ, s/n: 1102050
  • TINYANN RE-126250A-1 hydraulic expansion press with (6) 49" x 98" steam heated platens, 440V/3PH/60HZ, s/n: M10002

HYDRAULIC PROCESS PRESSES

  • (3) BALDWIN four post hydraulic process press with (8) 48" x 60" steam heated platens, upgraded controls, s/n: n/a, n/a, n/a

OVENS

  • WISCONSIN OVEN (2018) (INSTALLED NEW IN 2019) EWN-88-8 natural gas fired batch oven with 500 deg. F max. temperature, 1,000,000 BTU rated, 8' x 8' x 8' chamber, NEW YORK BLOWER 1.7HP, 2700 CFM blower, 480-277V/3PH/60HZ, s/n: 13946A1901
  • YOUNG & BERTKE VC02 steam heated curing oven with HONEYWELL digital temperature controller, blower fan, 10' x 10' x 8' chamber, 460V/3PH/60HZ, s/n: L-0881

LARGE FORMAT FLATBED UV INKJET PRINTER

  • MIMAKI (2015) (PURCHASED NEW - OVER $200K COST) JFX200-2513 multi-color flatbed U.V. inkjet printer with MIMAKI RASTER LINK 6 WINDOWS PC BASED CONTROL, 4' x 8' x 2" capacity, (6) color current configuration, vacuum clamping table, LENOVO LAPTOP with MIMAKI SOFTWARE DONGLE, 208-240V/1PH/50-60HZ, s/n R652B514

LABORATORY EQUIPMENT

  • CHATILLON (2018) TCD110 digital bench type test stand with HEIDENHAIN-CHATILLON programmable console with digital data acquisition and recording capability, 19" max. vertical stroke, 110 LBF max. load capacity, 0.001-20.0 in/min speed range, 0.001" position accuracy, 1-1000 samples/second user selectable data sampling rate, equipped with E46-033-2 "S"-beam load cell, tensile and compression clamping and accessories, DELL PC with keyboard, 110V/1PH/60HZ, s/n: TCD0141
  • FARREL-BANBURY laboratory intensive mixer with 40 HP drive motor, temperature probe with digital temp gauge, 460V/3PH/60HZ, s/n: 51094
  • STEWART BOLLING CO. 6" x 6" x 13" 2-roll laboratory rubber mill with 6" diameter cored rolls, universal rotary unions, manual gap adjustment, 5 HP drive motor, knee plate safety switch, 230V/3PH/60HZ, s/n: 7418
  • BIRMINGHAM ARMACO 6" x 6" x 12" 2-roll laboratory rubber mill with 6" diameter cored rolls, universal rotary unions, manual gap adjustment, 5 HP drive motor, wire safety switch, 230V/3PH/60HZ, s/n: 2232
  • WABASH 30-152TML 30 TON capacity hydraulic four post lab press with 15" x 15" electric heated platens, 6000 WATT heating elements with (2) HONEYWELL digital temperature controllers, 16" stroke, manual slide adjustment, hydraulic power pack, 230V/3PH/60HZ, s/n: 3720
  • FARREL four post hydraulic laboratory press with 30" x 30" steam heated platens, hydraulic power pack, 460V/3PH/60HZ, s/n: n/a
  • LINDBERG BLUE M MO1440R10A 1.9 KW electric lab oven with EUROTHERM digital microprocessor control, 40-300 deg. C temperature range, 22" x 15" x 16" stainless steel enclosure, PARTLOW MRC 7000 digital/analog chart recorder, 110V/1PH/50-60HZ, s/n: T21J-441019-UJ
  • GENERAL SIGNAL BLUE M steam heated laboratory batch curing oven with 24" x 24" x 50" enclosure, digital microprocessor controls, chart recorder, s/n: n/a
  • SWS LP7510 digital floor scale with 10,000 LBS x 2 LB capacity, 59" x 84" PLATFORM, 120V/1PH/60HZ, s/n n/a
  • METLER-TOLEDO PB303-S MONO BLOC digital analytical balance scale with 310 g x 1 mg capacity, draft shield, AC/DC adapter, s/n: 1118322688
  • NATIONAL 410TBL 1x & 3x binocular microscope with top and bottom illumination, 110-120V/1PH/50-60HZ, s/n: n/a
  • INSTRUMENTORS INC. SP-101B bench type digital slip/peel tester with 10 LBF capacity, 6 & 12 IPM test speed, ANALOGIC digital microprocessor control, 110V/1PH/60HZ, s/n: n/a
  • HART SCIENTIFIC MODEL 0011 digital fog test chamber with digital microprocessor controls, (4) 400ml heated test wells, 50-120 deg. C test well temperature range, 20-40 deg. C condensing plate temperature range, 125 deg. C thermal safety cut-out, 30-60 min. stabilization time, 110V/1PH/50-60HZ, s/n: n/a
  • KEWAUNEE SCIENTIFIC KEM-PONENT vented lab fume hood with stand, 110V/1PH/60HZ, s/n: n/a
  • ALPHA TECHNOLOGIES APA 2000 oscillating die type digital advanced polymer analyzer system with viscosity, gel time, cure time, crystallization rate, final shear and glass transition temperature measuring capability, EPSON PC with printer, 110V/1PH/60HZ, s/n: 110 AIH 2005
  • MONSANTO RHEOMETER 100 oscillating disk type rheometer with analog controls, THERMOTECH digital temperature controls, 110V/1PH/60HZ, s/n: n/a
  • OREC MODEL 0500 environmental test chamber with 24" x 20" x 18" stainless steel enclosure, digital temperature controls, OREC 03-100DM digital ozone monitor, DYNAMIC STRESS mechanical stretch actuator, RUSTRAK analog chart recorder, 110V/3PH/60HZ, s/n: n/a
  • Q-PANNEL Q.U.V accelerated U.V. weathering test system with analog controls, 13-bank 3-tier test bed with fluorescent U.V. lights, 110V/1PH/60HZ, s/n: n/a

FACTORY SUPPORT EQUIPMENT

  • KAESER (12-2019) CSD 75 rotary screw type air compressor with 75 HP, 345 CFM @ 125 PSIG, 5780 load hours recorded on meter at the time of listing, 460-266V/3PH/60HZ, s/n 1098-7308553
  • INGERSOLL RAND T30 air compressor, S/N 724640 (NOT IN SERVICE)
  • AIRTEK TW500 desiccant type twin tower air dryer with HIROSS filter and intercooler, s/n 87L3062
  • MOLDING SYSTEMS INC.MODEL 1526 double angle cut granulator grinder with 75HP/230-460V/3PH/60HZ, SALINA cyclonic type dust collector with DAYTON 4C330 13.5" transport blower, 7.5HP/230-460V/3PH/60HZ, S/N 1526-42-77
  • H. DAY MFG. stainless steel ribbon blender with pneumatic actuated bottom discharge door, 15 HP/460V/3PH/60HZ, batch weigh system with (4) OPTIMA 5000 LBS capacity load cells and OPTIMA OP-900A DRO, s/n n/a
  • BEILER custom twin cylinder hydraulic H-frame molding press with 5HP/208-230-460V/3PH/60HZ hydraulic power pack, (2) PRINCE 3,000 PSI 5" BORE x 12" stroke hydraulic cylinders, (3) 3' x 4' steel molds, s/n n/a
  • REMLINGER 6" x 15' hydraulic driven portable auger conveyor with DOERR 1HP/120-208-230V/1PH/60HZ electric power pack and feed hopper, s/n n/a
  • HARRINGTON 2 TON capacity freestanding jib crane with HARRINGTON 2 TON electric chain hoist with motorized trolley and pendant control, approx. 10' span, 12' height under the hook, 460V/3PH/60HZ, s/n n/a
  • CLAYTON INDUSTRIES ES-154-1 natural gas fired modulated steam generator with SIEMENS CLAYTON touch screen PLC control, max 470 DEG F @ 500 PSIG capacity, (2) 7.5 HP booster pumps, 6,199,000 BTU rated, SIEMENS burner control, ALLEN BRADLEY VFD, (2) CLAYTON water softening resin tanks, 460V/3PH/60HZ, s/n W-20225-W
  • (2) STERIS POWER PACK CH12-861-500 electric steam boilers with 120 KW heating element, 420 LBS/HR capacity @ 100 PSIG MAWP, 480V/3PH/60HZ, s/n 2454; 9220
  • ANGUIL SCF-50 outdoor pad type catalytic thermal oxidizer with catalyst, blower, exhaust stack and ductwork, s/n 0359 (CI)
  • CHROMALOX CES-72 electric steam boiler with 68 KW heating element, 100 PSIG MAWP, 480V/3PH/60HZ, s/n N4-8092-Y81
  • DEAERATING INC standalone condensate recovery system with (2) BALDOR high pressure centrifugal pumps, condensate tank with frame, s/n n/a
  • CONAIR 3000-GAL tower tank system with (3) centrifugal pumps with electric motors and control panel sequencer, CTS composite circular chiller tower fan, MARLEY chiller tower with freestanding steel frame, s/n n/a
  • HARTZELL outdoor pad type dust collector with blower, s/n  n/a
  • MFG UNKNOWN outdoor pad type dust collector with blower, s/n  n/a
  • RMPK-2 hydraulic bale breaker with 32" blade, ball assist in-feed table, 30"x20" out-feed weigh table (no DRO), 7.5 HP hydraulic power pack, 480V/3PH/60HZ, s/n: n/a
  • WULFTEC WHP-200 automatic pallet wrapper, 120V/1PH/60HZ, s/n 0997-2517
  • TOS VS-32 heavy duty floor type drill press with speeds to 2240 RPM, 460V/3PH/60HZ, 8" swivel base machine vise, S/N 633279
  • RIDGID MODEL 1822-I portable powered pipe and conduit threader with die holder, reamer and rolling stand, 120V/3PH/60HZ, S/N EA04495
  • LINCOLN ELECTRIC RANGER-8 gas powered ARC welder generator with ONAN PERFORMER 16 GAS engine, 8KW @ 115-230V/1PH/60HZ generator, cables and gun, s/n 9972-U1931121216
  • MILLER MP-30E portable MIG welder with cables, wire feeder and gun, s/n HH037897
  • TOLEDO MODEL 2181 400 LBS capacity conventional platform scale with 30"x24" platen, analog dial type indicator, fabricated metal base, s/n: 7702
  • FAIRBANKS FB2250 digital dynamic scale with 1,000 lbs x 0.5 lb capacity, 24" x 24" platform, roller conveyor, 115-230V/1PH/60HZ, s/n: 150420070056
  • FAIRBANKS FB1100-2 digital bench scale with 12" x 12" platform, 115-230V/1PH/60HZ, s/n S14151005658
  • STRONG ARM wall mounted jib type vacuum lifter with 10' span, 7.5 HP vacuum pump, 480V/3PH/60HZ, s/n: n/a
  • HYTROL mixer feed 50’ x 32” approx. incline motorized roller belt conveyor, s/n n/a
  • HYTROL mixer feed 26’ x 32” approx. horizontal motorized roller belt conveyor, s/n n/a
  • HYTROL 12’ x 32” approx. roller table conveyor, s/n n/a
  • (3) HYTROL 12’ x 26” approx. horizontal floor roller conveyors, s/n n/a
  • HYTROL batch container return 50’ x 18” approx. incline motorized roller belt conveyor, s/n n/a
  • HYTROL batch container return 25’ x 18” approx. horizontal accumulator roller belt conveyor, s/n n/a

ROLLING STOCK

  • KOMATSU FG30HT-12 LPG forklift with 4,700 LBS capacity, 190” max vertical reach, 3-stage mast, side shift, outdoor solid tires, approx. 14,950 hours (recorded on meter at the time of listing), s/n 556813A
  • HYSTER H80C LPG forklift with 8,000 LBS capacity, 122” max vertical reach, 2-stage mast, side shift, outdoor solid tires, approx. 7,185 hours (recorded on meter at the time of listing), s/n C5D13758T
  • CATERPILLAR electric walkie type pallet truck, charger, s/n 90174434
  • HERTNER 3TF18-540 36V automatic forklift battery charger with 122 AMP max charge, 230-460V/3PH/60HZ, s/n 2823-Z1

ALSO:

  • (2) FLUIDYNE EATON VICKERS (2021 & 2022) 45VTBS50A2203AA22R precision thru - drive vane high pressure hydraulic pumps; (60+) various size rubber expansion molds ranging from 20”x34” to 28”x48”; (50+) 42”x54” steel transfer pallets; (40) 5' x 10' x 1/4" checker pattern steel floor plates; electrical infrastructure pertaining to the production process / machinery including but not limited to pad type transformers, heavy duty electrical switch gear, disconnects, junction boxes, electrical panels, wiring etc. s/n n/a (not including building services); 36" diameter x 10' h steel air receiver tank; 24" diameter x 8' h steel air receiver tank; (15+) pedestal shop fans; (25+) wall mount shop fans; (225+) 74”x56” oversize wood pallets; (5) self dumping hoppers; RIDGID pipe and conduit threading set with dies, power head, die holder, tri-stand and cart; heavy duty shop carts with hand tools, power and pneumatic tools; PREDATOR 4000 gas powered portable generator; pigeon hole and index cabinets with fastening hardware; (2) CRAFTSMAN rolling toolboxes; KALAMAZOO 16" heavy duty floor type abrasive cut-off saw; DRILLMASTER 14" abrasive cut-off saw; DAYTON 8" double end bench grinder; MRO spares room including but not limited to contactors, plc controls, relays, switches, fuses, wire, parts and components; HILLMAN 8 TON capacity machinery moving dolly set with case; GREENLEE heavy duty hydraulic pipe and conduit bender with hand pump, dies and case; HUGE SELECTION OF RAW MATERIALS including but not limited to virgin natural and synthetic rubber, polymers, plasticizers, accelerants, various color pigments, compounding additives, resins, elastomers, solubilizers and MUCH MORE!

LIVE WEBCAST ONLY


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.

Payment

A Buyer's Premium of 18% for all Webcast (Remote) bidders will apply at this sale.
THIS SALE WILL BE CONDUCTED IN USD.
 
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 info@corpassets.com for details. The Buyer's Premium does not apply to posted rigging fees.