Surplus Assets of

Flow Control Holdings

Well Maintained Machining Facility

Date

Wednesday, September 11, 2024

Start Time

10:30 AM EDT

Inspection

Tuesday, September 10 from 9 AM to 4 PM EDT.

Removal

All assets must be removed no later than Friday, September 27 by appointment only. Rigging details to follow.

Location

6170 Tomken Rd., Mississauga, Ontario, Canada, L5T 1X7

Industry

Machining

Add to Calendar

FEATURING: (4) OKUMA LB-15 CNC lathes ; CARE MC-350-CNC-S automatic cold cut saw; AMADA HA-400W automatic horizontal bandsaw; KAR-MANN MACHINERY KM1012 vertical roll in; (2) HI-LITE FP1 custom I.D. automatic horizontal polishing machines; HI-LITE REPO custom O.D. automatic horizontal polishing machine; UNIVERSAL 603G-S sand blast cabinet; CALMEC CD-20-5 20” disc sander; PROGRESS double end polisher; SAFETY KLEEN MODEL 81.8 aqueous agitating parts washer; AFM TUG 40 19x60 gap bed engine lathe; HPC 4’ radial arm drill; FIRST LC-20VSG milling machine; HARTFORD MODEL-2S milling machine; MILLER INTELLITIG 40 precision TIG controller power source; MILLER XMT 300 CC/TIG DC inverter arc welder; MEMCO 300 CC/CV DC inverter arc welder; LINCOLN ELECTRIC portable fume extractor; workbenches with contents; selection of hand tools and power tools; racks and shelving with supplies and MORE!

CNC LATHES

(4) OKUMA LB-15 CNC lathe with OKUMA CNC control, 15.75” swing over bed, 9.84” max. turning dia., 9.06” max. turning length, 2.2” spindle bore, speeds to 4200 RPM, 8” hydraulic 3 jaw chuck, 12 station tool turret, coolant, chip conveyor, S/N: 63025246, 63126263, 63106045, 0302A225

SAWS

CARE MC-350-CNC-S automatic cold cut saw with WEINVIEW touch screen CNC control, (2) hydraulic tube vises, max 4” dia. tube capacity, 13.5” dia. blade, coolant, 575V/3PH/60HZ, S/N: C1807020
AMADA HA-400W automatic horizontal bandsaw with hydraulic clamping and power feed, 16” max capacity, 180” blade length, 1.25” blade width, coolant, S/N: 40600841
KAR-MANN MACHINERY KM1012 vertical roll in type band saw S/N: 22788

FINISHING DEPARTMENT

(2) HI-LITE FP1 custom I.D. automatic horizontal polishing machines, S/N: 9-2497-1498-2-449-55,
9-2497-1498-1-449-54
HI-LITE REPO custom O.D. automatic horizontal polishing machine, S/N: 9-2497-1497-395-22
UNIVERSAL 603G-S sand blast cabinet with 32.5” x 32” door opening, dust collector and media reclaim unit S/N: 01108
CALMEC CD-20-5 20” disc sander, S/N: n/a
PROGRESS double end polisher, S/N: n/a
SAFETY KLEEN MODEL 81.8 aqueous agitating parts washer with 45”x 21”x 30” stainless steel tank, 120psi max pressure, 78psi operating pressure, S/N: 12002236

CONVENTIONAL MACHINE TOOLS

AFM TUG 40 gap bed engine lathe with 19” swing over bed, 60” between centers, speeds up to 1600RPM, 10” 3 jaw chuck, 2” spindle bore, coolant, S/N: 8694.
HPC 4’ radial arm drill with speeds up to 1700RPM, 14” column, coolant, 27.5”x 23.5”x 19.5” t-slot box table (may be sold separately), S/N: 3766/3755.
FIRST LC-20VSG milling machine with #40 spindle taper, 7.5” x 43” t-slot table, speeds up to 4500 RMP, coolant, S/N: 83080703.
HARTFORD MODEL-2S milling machine with R8 spindle, 7” x 35” t-slot table, speeds up to 2720 RPM, coolant, power table feed, S/N: 880128

WELDING

MILLER INTELLITIG 40 precision TIG controller power source S/N: KB048395
MILLER XMT 300 CC/TIG DC inverter arc welder with arc start and auto link digital power source S/N: KB068426
MEMCO 300 CC/CV DC inverter arc welder with auto link digital power source S/N: KF856018
LINCOLN ELECTRIC portable fume extractor S/N: n/a

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.

DOWNLOAD CORPORATE ASSETS INC. FULL TERMS & CONDITIONS

MODALITÉS ET CONDITIONS DE VENTE

Payment

A Buyer's Premium of 19% for all Webcast (Remote) bidders will apply at this sale.
THIS SALE WILL BE CONDUCTED IN CAD.

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.

Download Full Payment Information

Download Buyer Deposit Form

CAD Wire Transfer Details

USD Wire Transfer Details

Interac E-Transfer Payment Instructions

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 [email protected] 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
[email protected]
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 [email protected] www.montyinternational.com	Omega Customs Brokers Inc Ralph Ronderos 305.592.5656 EXT 1005 [email protected] or [email protected] www.omegacb.com