Surplus Assets of

Acroturn Industries Inc.

Final Sale of the Facility’s Remaining Assets

Date

Wednesday, June 30, 2021

Start Time

10:30 AM EDT

Inspection

BY APPOINTMENT ONLY. Please email [email protected] to arrange a date and time.

Removal

All assets must be removed no later than Wednesday, July 14 by appointment only.

Location

6-20 Lightbeam Terrace, Brampton, Ontario, Canada, L6Y 6H9

Industry

Machining

FEATURING: KITAMURA (2011) MYCENTER-HX300iF twin pallet horizontal machining center; HITACHI (1999) VS50 CNC 4 axis ready vertical machining center; HARDINGE HLV-H super precision tool room lathe; TRIMOS TPR401 ISD 5D bench type digital tool pre-setter; DECKEL SOE bench type tool and cutter grinder; DECKEL SO bench type tool and cutter grinder; KBC RS-30 combination bench type milling and drilling machine; UMPIRE MS coordinate measuring machine with joystick control; PROPEN P-3000 CNC dot peen parts marker; RK MACHINERY 30T-E/H 30 ton capacity hydraulic H-frame shop press; TOYOTA 5FBE20 3,450 LBS capacity electric forklift. ALSO: LARGE SELECTION OF CAT40 tool holders, Perishable Tooling, Inspection & Q.C. Equipment, granite surface plates, office furniture and MORE!

TWIN PALLET CNC HORIZONTAL MACHINING CENTER

KITAMURA (2011) MYCENTER-HX300iF twin pallet horizontal machining center with FANUC SERIES 16i-MB CNC control, 12” x 12” drilled and tapped pallets, travels X-20.10”, Y-20.10”, Z-19.30”, B-360 degrees, speeds to 15,000 rpm, CAT40 spindle taper, 40 station ATC, coolant, chip conveyor, 200-220v/3ph/50-60hz, s/n 40921

CNC 4-AXIS VERTICAL MACHINING CENTER

HITACHI (1999) VS50 CNC 4 axis ready vertical machining center with SEICOS (FANUC) 16iM CNC control, 44” x 20” table, travels X-40”, Y-20”, Z-17.50”, speeds to 12,000 rpm, CAT40 spindle taper, 20 station ATC, coolant, chip conveyor, 8” 4th axis rotary table with tailstock (may be sold separately), s/n 50232

CONVENTIONAL MACHINE TOOLS & FACTORY SUPPORT EQUIPMENT

HARDINGE HLV-H super precision tool room lathe with 11” swing, 18” between centers, 1” bore, speeds to 3000 rpm, collet chuck, 5” 3-jaw chuck, coolant, s/n n/a
TRIMOS TPR401 ISD 5D bench type digital tool pre-setter, s/n 1541/IDV1/H1
DECKEL SOE bench type tool and cutter grinder, s/n 707130
DECKEL SO bench type tool and cutter grinder, s/n 01-27086
OPTIMA tool and cutter grinder, s/n B176.65
KBC RS-30 combination bench type milling and drilling machine with speeds to 2500 rpm, s/n 3447
UMPIRE MS coordinate measuring machine with joystick control, WINDOWS PC based data acquisition software, RENISHAW TP-ES touch probe, s/n n/a
PROPEN P-3000 CNC dot peen parts marker with WINDOWS PC based control, s/n 01-05-02518
RK MACHINERY 30T-E/H 30 ton capacity hydraulic H-frame shop press, s/n 1297271151T
TOYOTA 5FBE20 3,450 LBS capacity electric forklift with 189” max vertical reach, 3-stage mast, side shift, cushion tires, 36 volt battery, approx. 42550 hours recorded on meter at the time of listing, s/n 11502

ALSO:

LARGE SELECTION OF CAT40 tool holders with carts; rolling toolboxes with tools; selection of perishable tooling including drills, end mills, reamers, boring bars, carbide insert cutters and carbide inserts, chuck jaws; inspection and Q.C. equipment comprising micrometers, verniers height gauges and granite surface plates, office furniture and 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.

DOWNLOAD CORPORATE ASSETS INC. FULL TERMS & CONDITIONS

MODALITÉS ET CONDITIONS DE VENTE

Payment

A Buyer's Premium of 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.

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