Surplus to the Ongoing Needs of a

Steel Distributor

Late Model Fabricating Facility



Wednesday, November 18, 2015

Start Time

1:00 PM EST


Wednesday, November 18 from 8:00 A.M. to start of auction.


Small items: Thursday, November 19 by 5:00 P.M.
Remaining: Thursday, November 26 by 5:00 P.M.



FEATURING: Clean steel fabricating facility featuring: (2) DEMAG 10 ton x 68’ double girder bridge cranes with (2) 5 ton hoists; (3) DEMAG 5 ton x 68’ single girder bridge cranes; HYD-MECH (2010) S-20II horizontal saw with hydraulic feed; HYD-MECH (2004) M-16A horizontal saw with bundling; HYD-MECH S-20 horizontal saw; AMADA RG-125, 140 ton x 10’ hydraulic press brake with dies; PROMECAM 10’ x ¼” hydraulic shear; (40+) heavy duty adjustable cantilever and floor type racking systems all complete with engineering drawings; (2) rebar bending machines; KOEHLER 130 KVA trailer mounted diesel generator; TOYOTA 4000 LB electric forklift; Assortment of lifting equipment and accessories, digital platform scale, plasma cutters, saws, steel carts, perishable and power tools, steel inventory, 15HP air compressor, office furniture & equipment and MORE!


  • HYD-MECH (2004) M-16A horizontal saw with hydraulic clamping and bundle attachments, s/n S1104289
  • HYD-MECH (2013) S-20M SERIES III horizontal saw with laser eye, mitre capability, push button control arm, s/n 6C09131686
  • HYD-MECH S20 SERIES II horizontal saw, s/n 60497877


  • AMADA (2002) RG-125, 125 ton x 10’ hydraulic press brake with EUROGAUGE LC back gauge control, quick change tooling holders, s/n 01251935
  • Assortment of press brake dies
  • PROMECAM 10’ x ¼” shear with front operated power back gauge, s/n NA
  • (2) CUSTOM rebar bending units, s/n NA
  • MEDDINGS drill press, s/n NA


  • (2) DEMAG 10 ton double girder overhead bridge cranes with (2) 5 ton DEMAG hoists, pendant controls, approximately 70’ spans, s/n 86154, 85523
  • DEMAG 5 ton single girder underslung overhead bridge crane with pendant control, approximately 70’ span, s/n NA
  • (2) SUPRACRANE 5 ton single girder underslung overhead bridge cranes with 5 ton DEMAG hoists, pendant controls, approximately 70’ spans, s/n NA
  • TOYOTA 3750LB electric forklift with triple stage mast, cushion tires, s/n NA
  • CHECK WEIGH 20,000LB digital crane scale, s/n NA


  • KOHLER 100ROZJ, 130KW tandem axle trailer mounted diesel generator with 1200 HOURS, full enclosure, s/n 398761
  • MFG UNKNOWN 24” x 40’ powered roller conveyor, s/n NA


LARGE ASSORTMENT OF ADJUSTABLE CANTILEVER RACKING OF VARIOUS SIZES AND CAPACITIES, horizontal steel pipe and tube storage racks, flat bar stock material racks, perishable items and factory support equipment, office furniture & equipment 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 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