Smart Automation Inc.

Custom Machining & Fabricating Facility



Tuesday, August 11, 2015

Start Time

10:30 AM EDT


Monday, August 10 from 9:00 A.M. to 5:00 P.M. and morning of auction to start of auction.


Small items: Wednesday, August 11 by 5:00 P.M.
Remaining items: Tuesday, August 25 by 5:00 P.M.



CUSTOM MACHINING & FABRICATING FACILITY FEATURING: MECOF universal bed type boring mill with 80” x 250” capacity; CINCINNATI CNC horizontal machining center with 60” x 100” capacity; KEARNS & RICHARDS table type horizontal boring mill; SIRCO PA-20 engine lathe with 20” x 80” capacity; SIRCO PA-24 engine lathe with 24” x 120” capacity; (5) vertical and horizontal saws; CNC plasma cutting system; (5+) vertical milling machines, tapping arms, heavy duty horizontal & vertical spindle milling machines, surface grinders, welding equipment & accessories, HUGE QUANTITY of precision tooling and machine tool accessories, cranes & lifting equipment, TOYOTA forklift, factory support equipment, office furniture & MORE!


  • MECOF CS10VA bed type horizontal boring mill with  315" x 40.5" table, travels X-250", Y-38", Z-47", #50 spindle taper, speeds to 1130 RPM, HEIDENHAIN 3 axis DRO, push button pendant control, universal head, coolant, s/n n/a
  • CINCINNATI MILACRON  10HC-2500 CNC horizontal machining center with RETROFIT HEIDENHAIN TNC 425 CNC control, 104" x 31" table, travels X-100", Y-40", Z-30",  speeds to 4500 RPM, #50 spindle taper, 30 station ATC, s/n 48848
  • HITACHI M406V CNC vertical machining center with HITACHI-FANUC CNC control, 35.5" x 16.5" table, travels X-22", Y-16", Z-18",  CAT 40 taper, coolant, s/n M360367004
  • KEARNS #2 table type 3" horizontal boring mill with 48" x 30" table, speeds to 600 RPM, MITUTOYO 3 axis DRO, tailstock, s/n 4247
  • SIRCO PA-24 gap bed engine lathe with 24" swing over bed, 34" swing in the gap, 120" centers, 3" spindle bore, speeds to 740 RPM, quick change tool post, in/mm threading, steady and follow rests, s/n 3150
  • SIRCO PA-20 gap bed engine lathe with 20" swing over bed, 27" swing in the gap, 80" centers, 3" spindle bore, speeds to 1500 RPM, coolant, quick change tool post, in/mm threading, steady and follow rests, s/n 3298
  • TOS FNK 25 vertical turret milling machine with 40" x 11.5" table, power table feed, speeds to 4500 RPM, coolant, MITUTOYO 2 axis DRO, s/n 25610
  • PRVOMAJSKA G-01 vertical turret milling machine with 43" x 12" table, power table feed, speeds to 3400 RPM, coolant, MITUTOYO 2 axis DRO, s/n 02678337
  • (2) PRVOMAJSKA G-01V vertical turret milling machines with 43" x 12" table, power table feed, speeds to 4000 RPM, coolant, MITUTOYO 2 axis DRO, s/n 01787600; n/a
  • INDUMA 1S vertical turret milling machine, s/n 1464
  • BOLTON TOOLS BS-460G automatic scissor type band saw with SAMOON digital touch screen control, 13" x 18" max cutting cap, miter capability, roller conveyors  s/n n/a
  • TRENNJAEGER LPC 110/400 cold cut circular saw with 16" x 4.5" max cutting cap, ±45° miter capability, s/n GA1386
  • BAXTER VERTICUT 114-A metal cutting 10" roll in vertical band saw, s/n 1392
  • HYPER THERM CNC plasma cutting table with HYPERTHERM POWERMAX1250 power source, 2 axis, WINDOWS PC based control, s/n n/a
  • (2) LINCOLN CV-400 MIG welders with cables and gun, s/n n/a
  • MILLER CP-300 MIG welder with cables and gun, s/n n/a
  • MILLER SYNCHROWAVE 250 TIG welder with cables and gun, s/n n/a
  • PRODUCTION HYDRAULIC F50 75 ton cap hydraulic H-frame shop press, s/n n/a
  • BLAST-IT-ALL MAGNUM heavy duty sand blasting cabinet with media recovery system, s/n n/a
  • FLEX ARM pneumatic tapping head with rolling bench, s/n n/a


  • TOYOTA 7FGCU35 5500 lbs cap LPG forklift with 187" max reach, 3 stage high visibility mast, side shift, non-marking cushion tires, s/n 60622
  • BLUE GIANT electric die lifter, s/n  n/a
  • NANDO (2011) tandem axle flat bed trailer with hardwood deck, s/n VIN 2N9US2231B1C53061
  • INGERSOLL RAND 15HP tank mounted piston type air compressor, s/n n/a
  • AIRTEK COLD TRAP refrigerated air dryer, s/n n/a


(4+) BALDOR bench & pedestal type double end grinders; 4" belt sander; (3) floor type drill presses; MILWAUKEE magnetic base drill; BROWN BOGGS 48" bench type manual rolls; (4+)BAXTER & MFG UNKNOWN roll in vertical band saws; HAUSSMANN 12" metal cutting miter saw; large selection of power and pneumatic tools and accessories; large quantity of perishable tooling comprising mills, drills, taps, reamers, shell reamers and tool holders; machine tool accessories; angle plates; rotary table; machine vises up to 8" cap; ROCKWELL bench type hardness tester; pump trucks; dumping hoppers; large quantity of raw materials consisting of steel tube, angle, bar, round and flat stock; large quantity of W.I.P and off-cuts; galvanized paint booth with filtration, blower and paint supplies; steel setup and welding tables; large quantity of BESSEY clamps; factory equipment; HP DESIGNJET 500 roll feed plotter; office furniture, business machines 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.


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.


  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