ABS Friction Inc.

100,000+ sq ftt Brake Pad Mfg. Facility & Inventory Event!

 

Date

Wednesday, March 19, 2025 - Thursday, March 20, 2025

Start Time

10:00 AM EDT

Inspection

Tuesday, March 18 from 9 AM to 4 PM EDT.

Removal

All assets must be removed no later than Wednesday, April 16 by appointment only. Rigging details to follow.

Industry

Fabricating
 

HUGE SELECTION of finished goods inventory featuring OVER 17,500 SETS of DISK BRAKE PADS! IDEAL BRAKE - ABS FRICTION PREMIUM, SEMI-METALLIC, CERAMIC and SEVERE DUTY brake pads with application for a wide range of current and late model domestic and import vehicle lines! FULLY PACKAGED and BRAND NEW IN BOX! Also featuring a large selection of un-packaged bulk finished disk brake pads, brake shoes, W.I.P. and a huge selection of raw materials, including steel brake pad blanks, brake pad hardware with sliders, clips, wear indicators and electronic wear sensors.

FINISHED GOODS INVENTORY

IDEAL BRAKE - ABS FRICTION HUGE SELECTION of finished goods inventory featuring OVER 17,500 SETS of DISK BRAKE PADS!

  • PREMIUM, SEMI-METALLIC, CERAMIC and SEVERE DUTY brake pads with application to a wide range of current and late model domestic and import vehicle lines. ALL FULLY PACKAGED and BRAND NEW IN BOX!
  • Also featuring a large selection of un-packaged bulk finished disk brake pads, brake shoes, W.I.P. and a huge selection of raw materials including steel brake pad blanks; brake pad hardware including sliders, clips, wear indicators and electronic wear sensors.   

COMPOUND MIXERS

  • LITTLEFORD FKM-2000-E automatic horizontal compound mixer with retrofit touch screen PLC control, 2,000 liter capacity, 40 hp main drive motor, (2) side scraper heads, (2) top fill ports, (1) bottom discharge port, (2) 21” x 17” side hatches, 575v/3ph/60hz, s/n 42650-2355 (MIXER #1) SOLD!
  • LITTLEFORD FKM-2000-D automatic horizontal compound mixer with retrofit touch screen PLC control, 2,000 liter capacity, 75 hp main drive motor, (4) side scraper heads, (2) top fill ports, (1) bottom discharge port, (2) 22” x 13” side hatches, 575v/3ph/60hz, s/n 40956-3569 (MIXER #2) SOLD!
  • ALTECH ENGINEERING M30 automatic horizontal compound mixer with ALLEN BRADLEY resistive touch screen PLC control, 500 liter capacity, 30 hp main drive motor, (1) side scraper head, (1) top fill port, (1) bottom discharge port, (1) 28” x 16” side hatch, 600v/3ph/60hz, s/n 1203 (MIXER #3)
  • ALTECH ENGINEERING M30 automatic horizontal compound mixer with 500 liter capacity, 30 hp main drive motor, (1) side scraper head, (1) top fill port, (1) bottom discharge port, (1) 28” x 16” side hatch, 600v/3ph/60hz, s/n 0996 (MIXER #4)
  • ALTECH ENGINEERING M30 automatic horizontal compound mixer with 500 liter capacity, 30 hp main drive motor, (1) side scraper head, (1) top fill port, (1) bottom discharge port, (1) 28” x 16” side hatch, 600v/3ph/60hz, s/n 0399 (MIXER #5)
  • QUADRO COMIL 196SI overhead driven conical mill re-grinder with stand, s/n 196-C799

HYDRAULIC PRE-FORM PRESSES

  • ALTECH ENGINEERING P4W3 hydraulic pre-form press with ALLEN BRADLEY PANELVIEW 550 PLC control, 10”x10” bolster, 6”x6” ram, 9” stroke, twin volumetric feed system, hydraulic ejector, hydraulic power pack, 600v/3ph/60hz, s/n 1198 (PRESS #1)
  • ALTECH ENGINEERING P4W3 hydraulic pre-form press with ALLEN BRADLEY PANELVIEW 550 PLC control, 10”x10” bolster, 6”x6” ram, 9” stroke, twin volumetric feed system, hydraulic ejector, hydraulic power pack, 600v/3ph/60hz, s/n 1098 (PRESS #2)
  • ALTECH ENGINEERING P4W3 hydraulic pre-form press with ALLEN BRADLEY PANELVIEW 550 PLC control, 10”x10” bolster, 6”x6” ram, 9” stroke, twin volumetric feed system, hydraulic ejector, hydraulic power pack, 600v/3ph/60hz, s/n 9096 (PRESS #3)
  • ALTECH ENGINEERING P4W3 hydraulic pre-form press with ALLEN BRADLEY PANELVIEW 550 PLC control, 10”x10” bolster, 6”x6” ram, 9” stroke, twin volumetric feed system, hydraulic ejector, hydraulic power pack, 600v/3ph/60hz, s/n 1096 (PRESS #4)
  • ALTECH ENGINEERING P4W3 hydraulic pre-form press with ALLEN BRADLEY PANELVIEW 550 PLC control, 10”x10” bolster, 6”x6” ram, 9” stroke, twin volumetric feed system, hydraulic ejector, hydraulic power pack, 600v/3ph/60hz, s/n 0898 (PRESS #5)
  • ALTECH ENGINEERING P4W3 hydraulic pre-form press with ALLEN BRADLEY PANELVIEW 550 PLC control, 10”x10” bolster, 6”x6” ram, 9” stroke, twin volumetric feed system, hydraulic ejector, hydraulic power pack, 600v/3ph/60hz, s/n 1296 (PRESS #6)
  • ALTECH ENGINEERING P4W3 hydraulic pre-form press with ALLEN BRADLEY PANELVIEW 550 PLC control, 10”x10” bolster, 6”x6” ram, 9” stroke, twin volumetric feed system, hydraulic ejector, hydraulic power pack, 600v/3ph/60hz, s/n 0197 (PRESS #7)
  • CORESTEEL HYDRAULICS 75TNDL PERF. 75 ton capacity hydraulic pre-form press with touch screen PLC control, 10”x10” bolster, 6”x6” ram, 9” stroke, 3-part compound mixer with double twin volumetric feed system, hydraulic ejector, hydraulic power pack, 600v/3ph/60hz, s/n CH.1618.12.99 (PRESS #8)
  • CORESTEEL HYDRAULICS 75TNDL PERF. 75 ton capacity hydraulic pre-form press with touch screen PLC control, 10”x10” bolster, 6”x6” ram, 9” stroke, 3-part compound mixer with double twin volumetric feed system, hydraulic ejector, hydraulic power pack, 600v/3ph/60hz, s/n CH.1639.10.00 (PRESS #9)
  • CORESTEEL HYDRAULICS 75TNDL PERF. 75 ton capacity hydraulic pre-form press with touch screen PLC control, 10”x10” bolster, 6”x6” ram, 9” stroke, 3-part compound mixer with double twin volumetric feed system, hydraulic ejector, hydraulic power pack, 600v/3ph/60hz, s/n CH.1664.05.01 (PRESS #10)
  • CORESTEEL HYDRAULICS 75TNDL PERF. 75 ton capacity hydraulic pre-form press with touch screen PLC control, 10”x10” bolster, 6”x6” ram, 9” stroke, 3-part compound mixer with double twin volumetric feed system, hydraulic ejector, hydraulic power pack, 600v/3ph/60hz, s/n CH.1673.08.01.2 (PRESS #11) SOLD!
  • CORESTEEL HYDRAULICS 75TNDL PERF. 75 ton capacity hydraulic pre-form press with touch screen PLC control, 10”x10” bolster, 6”x6” ram, 9” stroke, 3-part compound mixer with double twin volumetric feed system, hydraulic ejector, hydraulic power pack, 600v/3ph/60hz, s/n CH.1673.08.01.1 (PRESS #12) SOLD!
  • (250+) heavy duty pad pre-form dies

MULTI-PLATEN CURING PRESSES

  • ALTECH ENGINEERING C416E automatic multi platen hydraulic hot curing press with retrofit MAPLE SYSTEMS AUTOMATION DIRECT touch screen PLC controls, 25” x 30” electric heated platens, (6) daylight openings, hydraulic powerpack, pneumatic load/unload table with ball assist transfer system, s/n OH1000 (CURE PRESS#9)
  • ALTECH ENGINEERING C406E automatic multi platen hydraulic hot curing press with retrofit MAPLE SYSTEMS AUTOMATION DIRECT touch screen PLC controls, 25” x 30” electric heated platens, (6) daylight openings, hydraulic powerpack, pneumatic load/unload table with ball assist transfer system, s/n 0996 (CURE PRESS#8)
  • ALTECH ENGINEERING C406E automatic multi platen hydraulic hot curing press with retrofit MAPLE SYSTEMS AUTOMATION DIRECT touch screen PLC controls, 25” x 30” electric heated platens, (6) daylight openings, hydraulic powerpack, pneumatic load/unload table with ball assist transfer system, s/n 1298 (CURE PRESS#7)
  • ALTECH ENGINEERING C406E automatic multi platen hydraulic hot curing press with retrofit MAPLE SYSTEMS AUTOMATION DIRECT touch screen PLC controls, 25” x 30” electric heated platens, (6) daylight openings, hydraulic powerpack, pneumatic load/unload table with ball assist transfer system, s/n 1198 (CURE PRESS#6)
  • ALTECH ENGINEERING C405E automatic multi platen hydraulic hot curing press with retrofit MAPLE SYSTEMS AUTOMATION DIRECT touch screen PLC controls, 25” x 30” electric heated platens, (6) daylight openings, hydraulic powerpack, pneumatic load/unload table with ball assist transfer system, s/n 1200 (CURE PRESS#5) SOLD!
  • ALTECH ENGINEERING C406E automatic multi platen hydraulic hot curing press with retrofit MAPLE SYSTEMS AUTOMATION DIRECT touch screen PLC controls, 25” x 30” electric heated platens, (6) daylight openings, hydraulic powerpack, pneumatic load/unload table with ball assist transfer system, s/n 1096 (CURE PRESS#4) SOLD!
  • ALTECH ENGINEERING C406E automatic multi platen hydraulic hot curing press with retrofit MAPLE SYSTEMS AUTOMATION DIRECT touch screen PLC controls, 25” x 30” electric heated platens, (6) daylight openings, hydraulic powerpack, pneumatic load/unload table with ball assist transfer system, s/n 1200-1 (CURE PRESS#1)
  • ALTECH ENGINEERING C416E automatic multi platen hydraulic hot curing press with retrofit MAPLE SYSTEMS AUTOMATION DIRECT touch screen PLC controls, 25” x 30” electric heated platens, (6) daylight openings, hydraulic powerpack, pneumatic load/unload table with ball assist transfer system, s/n 0401 (CURE PRESS#2)
  • ALTECH ENGINEERING C416E automatic multi platen hydraulic hot curing press with retrofit MAPLE SYSTEMS AUTOMATION DIRECT touch screen PLC controls, 25” x 30” electric heated platens, (6) daylight openings, hydraulic powerpack, pneumatic load/unload table with ball assist transfer system, s/n 1296 (CURE PRESS#3)
  • (1300+) 16” x 18” pad press plate dies

AUTOMATIC BRAKE PAD GRINDERS

  • ALTECH ENGINEERING CGS3 HD continuous through type automatic brake pad grinding machine with (3) 7.5 hp vertical heads, 12” diameter diamond wheel; (2) 5 hp chamfering heads, (1) 5 hp horizontal head, 10” max width capacity, through type chain auto feed system, variable speed, 600v/3ph/60hz, s/n 0801 (GRINDER #1) SOLD!
  • ALTECH ENGINEERING CGS2 19 continuous through type automatic brake pad grinding machine with (2) 7.5 hp vertical heads, 12” diameter diamond wheel; (2) 5 hp chamfering heads, (1) 5 hp horizontal head, 10” max width capacity, through type chain auto feed system, variable speed, 600v/3ph/60hz, s/n 1200 (GRINDER #2) SOLD!
  • ALTECH ENGINEERING CGSM 08 continuous through type automatic brake pad grinding machine with (2) 7.5 hp vertical heads, 12” diameter diamond wheel; (2) 5 hp chamfering heads, (1) 5 hp horizontal head, 10” max width capacity, through type chain auto feed system, variable speed, 600v/3ph/60hz, s/n 0501 0399 (GRINDER #3) SOLD!
  • ALTECH ENGINEERING CGS2 04 continuous through type automatic brake pad grinding machine with (2) 7.5 hp vertical heads, 12” diameter diamond wheel; (2) 5 hp chamfering heads, (1) 5 hp horizontal head, 10” max width capacity, through type chain auto feed system, variable speed, 600v/3ph/60hz, s/n 0297 (GRINDER #4) SOLD!
  • ALTECH ENGINEERING CGS2 HD20 continuous through type automatic brake pad grinding machine with (2) 7.5 hp vertical heads, 12” diameter diamond wheel; (2) 5 hp chamfering heads, (1) 5 hp horizontal head, 10” max width capacity, through type chain auto feed system, variable speed, 600v/3ph/60hz, s/n 0201 (GRINDER #5)
  • ALTECH ENGINEERING CGS2 HD17 continuous through type automatic brake pad grinding machine with (2) 7.5 hp vertical heads, 12” diameter diamond wheel; (2) 5 hp chamfering heads, (1) 5 hp horizontal head, 10” max width capacity, through type chain auto feed system, variable speed, 600v/3ph/60hz, s/n 1100 (GRINDER #6)
  • ALTECH ENGINEERING VSG3M 47 continuous through type automatic brake pad grinding machine with (1) 7.5 hp vertical head, 12” diameter diamond wheel; (1) 5 hp horizontal head, 10” max width capacity, through type chain auto feed system, variable speed, 600v/3ph/60hz, s/n 0996 (GRINDER #7)

TUMBLE BLAST MACHINES

  • PROTEC CIC TUMBLE BLAST automatic tumble blast machine with conventional controls, approx. 12 cu/ft cap, 35” rubber belt, (1) 10 hp blast wheel, ECONOLIFT hydraulic up-ender with 4,400 lbs capacity, electro- hydraulic power pack,  pneumatic door, pneumatic loading and unloading, cyclonic media recovery, 600v/3ph/60hz, s/n 044635   
  • MPT automatic tumble blast machine with SIEMENS SIMATIC touch screen PLC controls, approx. 13 cu/ft cap, rubber belt, (1) 19.25 hp blast wheel, 1,600 lbs capacity skip hoist parts loader, pneumatic door, pneumatic loading and unloading, cyclonic media recovery, 600v/3ph/60hz, s/n 0206    
  • WHEELABRATOR TB#12 tumble blast machine with conventional controls, approx. 12 cu/ft cap, 38" w rubber belt, (1) 15 hp blast wheel, 800 lbs capacity skip hoist, manual door, cyclonic media recovery, 440v/3ph/60hz, s/n 206 (CI)

POWDER COAT PAINT LINE

  • POWEDERCOAT SYSTEMS-RADCON THERMAL automatic powder coat paint line consisting of: (2) POWDERCOAT SYSTEMS INC stainless steel through type paint booths with (6) ITW-EUROTECH automatic guns each, 24”W x 30”H aperture; WHEELABRATOR  22WSCH cyclonic type media recovery system, s/n 203856; MFG UNKNOWN cyclonic type media recovery system; RADCON THERMAL POWDER CURING OVEN natural gas fired, 3-zone tunnel type powder coat paint curing oven with 23”W x 30”H aperture, approx. 115’L, 399,000 BTU/HR convection burner, (6) 70,000 BTU/HR radiant burners, digital microprocessor temperature controls, flash detection system, s/n 880406C1-C0 (ROOF TOP BLOWERS AND PIPE NOT INCLUDED); MFG UNKNOWN approx. 4’W x 5’H x 45’L custom cooling tunnel, s/n n/a (ROOF TOP BLOWERS AND PIPE NOT INCLUDED); BRIDGEVEYOR SYSTEMS approx. 400’ L variable speed overhead hanging chain conveyor system, s/n n/a; manual load/unload station with powered belt conveyors, s/n n/a; MFG UNKNOWN 12”W x 35”H air blade de-dust and cleaning station with (2) 24” air blade nozzles, s/n n/a; ECONOLIFT SD33 40 E 97 24 000 hydraulic up-ender with 4,000 lbs capacity, electro- hydraulic power pack, s/n 86900 

RESIN CURING OVENS

  • INDUSTRIAL FINISHING SYSTEMS RESIN CURING OVEN natural gas fired double door curing oven with HONEYWELL digital microprocessor temp controller, approx. 113”W x 96”H x 118”D chamber dimensions, 1,200,000 BTU/HR capacity, 600v/3ph/60hz, s/n 930924C1B0 (ROOF TOP BLOWERS AND PIPE NOT INCLUDED)
  • CUSTOM THERMAL APPLICATION RESIN CURING OVEN natural gas fired double door curing oven with HONEYWELL digital microprocessor temp controller, approx. 113”W x 96”H x 118”D chamber dimensions, 1,200,000 BTU/HR capacity, 600v/3ph/60hz, s/n 970127C1.BO (ROOF TOP BLOWERS AND PIPE NOT INCLUDED)

QC DEPARTMENT

  • KEYENCE (2017) IM7030 digital image dimension measuring system with KEYENCE IM 7501 control and data acquisition system, 10” TFT color display, optional light probe, s/n 4C020149 SOLD!
  • LINK ENGINEERING 2554EA test bench dynamometer with LINK dynamometer control system, RELIANCE 75 HP variable speed drive, s/n 221377 SOLD!
  • LINK ENGINEERING-FAST MACHINE MODEL M1021-E dynamic digital brake pad wear tester with WINDOWS PC based control and data acquisition system, s/n 961048SOLD!
  • STEPHAN UM5 UNIVERSAL bench type vertical cutter/mixer with 5 liter capacity, s/n K717756-02
  • GOGAN MODEL #11 heavy duty floor type hydraulic BRINELL hardness tester with 5,000 kg max load capacity, s/n 2300-6
  • FISHER SCIENTIFIC 725F ISOTEMP oven, s/n 104N0082 SOLD!

ROLLING STOCK

  • CATERPILLAR C5000-LP LPG forklift with 4750 lbs capacity, 187” max vertical reach, 3-stage high visibility mast, cushion tires, side shift, approx. 10325 hours recorded on meter at the time of listing, s/n AT9020338
  • TOYOTA 9BRU18 electric reach truck with 3,500 lbs capacity, 250” max vertical reach, 3-stage mast, 110” mast height, 36 volt battery, approx. 3125 key on hours recorded on meter at the time of listing, s/n 37710
  • TOYOTA 9BRU18 electric reach truck with 3,500 lbs capacity, 250” max vertical reach, 3-stage mast, 110” mast height, 36 volt battery, approx. 3800 key on hours recorded on meter at the time of listing, s/n 38151
  • BATTERYMATE 80 750H3-18C 18 cell, 36 volt automatic battery charger, 480-575v/3ph/60hz, s/n 222CS10706
  • BT STAXIO 4,400 LBS capacity electric walkie type fork truck with 130” max vertical lift, 24 volt battery, s/n 6079249
  • (2) TOYOTA 8HBW23 3,000 lbs capacity electric pallet trucks with 24 volt battery, s/n 24152, 26652
  • JLG 40E electric articulating boom lift with 500 LBS capacity, 40’ max vertical reach, 20.5’ max horizontal reach, cushion tires, 2WD, approx. 1323 hours recorded on meter at the time of listing, s/n 039256 0300027380
  • SKYJACK SJM3219 electric scissor lift with 500 lbs capacity, 19’ max vertical reach, 24 volt battery, onboard built in charger, cushion tires, s/n 24277
  • (2) JLG 10MSP zero turn electric order pickers with 350 LB capacity, 10’ max. platform height, 16’ max. work height, s/n 130010879; 130010834
  • TENNANT electric ride on floor sweeper with 36 volt battery, approx. 1890 hours recorded on meter at the time of listing, s/n 6100-1718

PRODUCTION SUPPORT EQUIPMENT

  • TAMPOPRINT HERMETIC 611 UNIVERSAL ink pad printer, s/n N/A
  • PAD-PRINTER PP-100 ink pad printer, s/n N/A
  • (3) SATURN C3.5E TYPE ALPHA 16” x 20” combination L bar sealers with 17.5” x 8” aperture heat tunnel, s/n A910C331999DG; A910C3E2000DG; A0208C3E1504G
  • (13) TAUMEL T251-8126 bench type automatic orbital rivetter with 14” x 7” T-slot table, 4.25” throat, s/n CAN-474; CAF-476916; N/A; CAN-475; CAN-463; CAN-473; CAN-496; CAN-471; CAN-266; CAN-362; CAN-477; CAN-987; CAN-359
  • BRACKER RN102 bench-type orbital riveter, s/n 13538
  • (3) KGK JET CCS-3000PS inkjet coder with touchscreen control, print head, s/n C3AD3S6A5A2J4D; C3AD3S6A5A2J4F; N/A
  • COUSINS HP2100X-A automatic pallet wrapper with 48” x 48” rotary table, 115V/1PH/60HZ, s/n 170311-2XAH-8973

MAINTENANCE DEPARTMENT

  • MK ENTERPRISE 1550 gap bed engine lathe with 15” swing over bed, 24” swing over gap, 43” between centers, 2” spindle bore, 10” 3-jaw chuck, speeds to 2,000 RPM, in/mm threading, s/n j233
  • WMW BS4AI gear head drill with 18” x 22” table, 12” throat, speeds to 1,200 RPM, s/n 17953
  • ROSSI V01 vertical turret milling machine with 12” x 48’ table, speeds to 2,860 RPM, # 40 spindle taper, powered table feed, s/n 1896
  • MILLER MILLERMATIC 252 digital MIG welder with cables and gun, s/n MJ150347M
  • EVERLAST POWERPRO 256S digital portable TIG welder with cables and gun, s/n 695800630
  • ENERPAC custom floor type hydraulic shear with 25 ton capacity, OMEGA digital pressure gauge, s/n n/a
  • S&E INDUSTRIAL HP700S 20 ton capacity air over hydraulic actuated H frame shop press, s/n n/
  • KING INDUSTRIAL KC-760L combination floor type 6” belt, 9” disc sander, s/n 18883345
  • MAXIBLAST MB483648P/DC100 sandblasting cabinet with 30” diameter rotary table, cyclonic type media recovery, 32” x 49.5” side loading door, lights, s/n MB4768

FACTORY EQUIPMENT

  • KONSTANT 6-bay flow through type selective pallet rack storage system with 240,000 lbs overall capacity with 40,000 lbs/bay capacity, currently in (6) pallet deep x (4) pallet high per bay configuration, gravity roller feed, 25.5’ L x 25’ W x 17’H overall dimensions, s/n n/a
  • KONSTANT 4-bay flow through type selective pallet rack storage system with 160,000 lbs overall capacity with 40,000 lbs/bay capacity, currently in (6) pallet deep x (3) pallet high per bay configuration, gravity roller feed, 25.5’ L x 18.5’ W x 17’H overall dimensions, s/n n/a
  • REDI-RACK/KONSTANT 18-bay flexible storage structure consisting of approx. (170) sections of 30”W x 8’L x 18’H adjustable pallet racking with 3,500 LB capacity per shelf, approx. 110’ x 8’ all bolted construction steel mezzanine with (3) access ladders and (2) fast product slides (may be sold separately), s/n N/A
  • (42) sections of 9’ L x 42” W x 16’ H heavy duty adjustable pallet racking with 4,500 lbs/shelf capacity, s/n n/a
  • (12) sections of 8’ L x 42” W x 20’ H heavy duty adjustable pallet racking with 3,000 lbs/shelf capacity, s/n n/a
  • MFG UNKNOWN approx. (133) sections of 42”W x 8’L x 20’H adjustable pallet racking, s/n N/A

DUNNAGE

  • (10,000 +) 14”X14”X1.5” galvanized steel parts trays
  • (45+) 33” x 35” x 24” rolling material bins with manual bottom discharge
  • (400+) 34.5”W x 40.5”L x 26” H and 34.5”W x 40.5”L x 20” H automotive style stackable steel bins
  • (200+) 20”W x 32”L x 22” H automotive style collapsible wire mesh bins
  • ALSO:

    • HOBART portable plasma cutter; KING CANADA 6” X 48” belt & 9” disc sander; (3) PREDATOR 6500 gas generators; (2) double end pedestal grinders; shop presses; JET portable horizontal bandsaw; TRADEMASTER 14” vertical bandsaw; MASTERCRAFT bench type drill press; stainless steel and conventional workbenches, carts and stands; large selection of roller and rubber belt gravity and powered conveyors, flex type conveyors, powered incline belt conveyors; spare parts & stores inventory including electric motors, fuses, bearings, belts & fastening hardware; (15+) ZEBRA & GODEX digital label printers; (7) 40’ storage sea containers; laboratory equipment consisting of LABLINE multi-extraction heater, micrometers, testers and inspection equipment; KING floor-type drill press, FLEXARM tapping arm & 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 19% 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. 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