Assets of

On Top Technology

High Precision CNC Turning Facility

Date

Wednesday, December 16, 2015

Start Time

10:30 AM EST

Inspection

Tuesday, December 15 from 9 AM to 5 PM and morning of auction to start of auction.

Removal

Small Items: Wednesday, December 16 before 5 PM
Remaining Items: Tuesday, December 22 by 5 PM

Location

225 Traders Blvd. UNIT 5, Mississauga, Ontario, Canada, L4Z 3L8

Industry

Machining

Please note the address update: 225 Traders Blvd. UNIT 5, Mississauga, Ontario, Canada, L4Z 3L8
FEATURING: NAKAMURA SC-300 CNC turning center with FANUC 21-T CNC control; (2) HITACHI HITEC-TURN 20SII, CNC turning centers; FEELER FTL-10 CNC turning center with SAMECA bar feeder; (3) HARDINGE (LIKE NEW CONDITION) precision tool room lathes with geared heads, power saddles, drawbars etc..; TURINA (EXCEPTIONALLY WELL MAINTAINED) TICINO 520, heavy capacity engine lathe with 45" swing, 6 ¼" spindle bore; BOEHRINGER 20" x 140" gap bed engine lathe; GRAZIANO SAG20 engine lathe; TOP WELL vertical milling machine with power feed and DRO; PRO-STAR vertical milling machine with power drawbar and DRO; TOYOTA (2006) pick-up truck; TOYOTA 2500LB LPG outdoor forklift; NORTON surface grinder; ASSORTMENT of LISTA tool cabinets, precision tooling & accessories, inspection equipment, jib cranes, factory support equipment, office furniture & equipment and MORE!

CNC TURNING CENTERS

NAKAMURA-TOME SC-300 CNC horizontal tuning center with 10" 3 jaw hydraulic chuck, swing 22.05", maximum turning diameter 13.77", max. center distance 23.62", x- 8.76", z-25", spindle speeds 3,500 rpm, 3.35" spindle bore , 12 position turret, FANUC 21-T control, S/N: S302502
(2) HITACHI HI-TEC TURN 20SII CNC horizontal turning center with 8" 3 jaw hydraulic chuck, swing 17.7", maximum turning diameter 8", max. center distance 23" , x-8.50", z-15.75", spindle speeds 20-5000 rpm, 2.25" spindle bore, 10 position turret, SEIKI multi control, S/N: 2318, 2335
FEELER FTL-10 CNC horizontal turning center 6" 3 jaw hydraulic chuck, swing 20.5", maximum turning diameter 9.4", max. center distance 10.3", x-5.5", z-11.4", spindle speed 6000 rpm, 1.25" spindle bore, 8 position turret, S/N: TCO35
SAMECA MONOSAM HS 65 bar feeder S/N: M060252

LATHES

HARDINGE TFB-H tool room lathe with geared head, power saddle, 125-3000 rpm, 1.5hp, 3ph, 550 volt, S/N: LTA8220
HARDINGE HLV-H tool room lathe with geared head, power saddle, 125-3000 rpm, 1.5 hp, 3 ph, 220 volt, S/N: LCH8220
HARDINGE HTC tool room turret lathe with 1.5 hp, 3 ph, 110 volt, S/N: HCVAPB
TICINO 520 gap bed engine lathe with 45" swing , 70" centers, 6.25" spindle bore, 16" 3 jaw chuck, 6-600 rpm, 31.50" 4 jaw chuck and tool post grinding attachment
BOEHRINGER gap bed engine lathe with 20" swing, 120" centers, 11.2-2240 rpm, 2.25" spindle bore S/N:N/A
GRAZIANO TORTONA SAG20 gap bed engine lathe with 25" swing, 80" centers, 6-1300 rpm, 2" spindle bore S/N: 39436

MACHINE SHOP

NORTON hydraulic surface grinder with 18"x 6" magnetic chuck S/N:N/A
TOPWELL 5VK vertical milling machine with power feed, 10"x 50" t-slot table, 120-4200 rpm, NEWALL C80 Control S/N: N/A
PROSTAR vertical milling machine with power draw bar, 9.75"x50" t-slot table, 120-4200 rpm, EASSON ES-1 Control, S /N: 97092
STARTRITE H175 horizontal band saw S/N:N/A
TOYOTA 62-4FGC25 outdoor forklift 2500 lbs. cap. LPG, 3 stage mass, 423.6hrs S/N: 604FGC25-11481
MMK 400 c-axis with 15.75" chuck

INSPECTION EQUIPMENT

STARRETT 24" x 18" x 6" granite surface plate
24" X 24" X 5" granite surface plate
MITUTOYO outside micrometer set
6" and 24" verniers
.251-.500 pin gauge set

VEHICLES

TOYOTA (2006) TACOMA 4.0 Liter 4 door pick-up truck 220,000KMS, VIN# 5TEMU52NX6Z184657
DODGE (2004) 5.7 Liter HEMI 4 door quad cab pick-up truck 307,000 KMS, VIN#1D7HA18D14S746714
CHEVROLET (2003) AVALANCHE 4 door pick-up truck VIN# 3GNEC13TX3G219614

ALSO:

2 ton free standing jib arm with 2 ton jet electric hoist, (2) HONDA gas powered generators, NOMA gas powered snow blower, assorted LISTA tool cabinets and work benches, CAT 40 tool holders, hand tools, carbide tooling and inserts, factory support equipment, office furniture & equipment and more!

ONSITE & ONLINE

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.

DOWNLOAD CORPORATE ASSETS INC. FULL TERMS & CONDITIONS

MODALITÉS ET CONDITIONS DE VENTE

Payment

A Buyer's Premium of 18% 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.

Please keep in mind that bank charges may apply to incoming and/or outgoing wire transfers by your/our bank/financial institution.
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.

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Download Buyer Deposit Form

CAD Wire Transfer Details

USD Wire Transfer Details

GBP Wire Transfer Details

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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.

Please read our Full Terms & Conditions for Removal Requirements

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.

Rigger Release Authorization Form

Sample of 'Certificate of Insurance' or 'CI'

*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 pickup@corpassets.com to arrange.

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

Fuze Logistics Services Inc.
Mr. Chris Tan
941.702.3310
machinerylogistics@fuzelogistics.com
www.fuzelogistics.com

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 buffalo@montyinternational.com www.montyinternational.com	Omega Customs Brokers Inc Ralph Ronderos 305.592.5656 EXT 1005 ralph@omegacb.com or omegacb@omegacb.com www.omegacb.com