DEL Equipment Limited

CNC turning and Fabricating Online Auction

Date

Bidding Closes: Thursday, June 7, 2018

Start Time

11:00 AM EDT

Inspection

Wednesday, June 6 from 9:00 A.M. to 5:00 P.M.

Removal

Small items: Thursday, June 7 by 5:00 P.M.
Remaining items: Friday, June 15 by 5:00 P.M.

Location

139 Laird Drive, Toronto, Ontario, Canada, M4G 3V6

Industry

Machining | Fabricating

FEATURING: PACIFIC 175 ton x 14’ hydraulic press brake; PEARSON 14’ x ½” hydraulic shear; SCOTISH MACHINE TOOL CORP 12’ x ¼” mechanical shear; OKUMA LH35, CNC turning center; WASINO LJ-102M, CNC turning center; OKUMA LB15, CNC turning center; CNC plasma/oxy cutting table; PULLMAX nibbler; MEUSER engine lathe; ASSORTMENT OF horizontal saws, multi-spindle and heavy duty drill presses, GE robotic welding cell & MORE!

FABRICATION EQUIPMENT

MFG. UNKNOWN CNC cutting table with PC CNC control, 8 gas cutting heads, 1 plasma cutting head with HYPERTHERM POWERMAX 65 plasma cutter, LINATROL HL-7 optical tracer, 102”x58” table, s/n: n/a
DELL CNC robotic welding cell with GE P50 8 axis robot, GE P50 CNC control, CANOX 650-DW welding power source, CANOX MIGMATIC C-1D-DW-50 wire feeder with cables and gun, approx. 136”x120” 3 station weld booth, s/n: H830834
OKUMA LH35-N PLC horizontal turret lathe with OKUMA PLC control, 26” swing, 80” between centers, 3” spindle bore, speeds to 2200 RPM, 6 station turret, 15” 3 jaw chuck, steadies, chip conveyor, coolant, s/n: 5508-1590
PACIFIC hydraulic press brake with approx. 500 ton capacity, 168” overall bending length, 144” between housings, s/n: AF0960334876
PEARSON 14/500 mechanical shear with 173” cutting length, 122” squaring arm, 2 support arms, s/n: 10574/1
CRAIG & DONALD mechanical shear with 156” cutting length, 111” squaring arm, 3 support arms, s/n: 39/45
(2) RUSSELL HYDROFEED horizontal cold cut saws with 28” blade, s/n: SL942/66, n/a
PULLMAX P5 industrial nibbler with 80mm max. plate thickness, s/n: 10256

CONVENTINAL MACHINERY

MEUSER & CO. engine lathe with 18” swing, approx. 66” between centers, 2” spindle bore, speeds to 1030 RPM, inch/metric threading, 10” 3 jaw chuck, steadies, s/n: 8140
MOREY NO. 3 horizontal turret lathe with 16” swing, approx. 22” between centers, 1.5” spindle bore, 6 station turret, 9” 3 jaw chuck, coolant, s/n: n/a
PARKSON 2T horizontal milling machine with 49”x10” table, speeds to 360 RPM, 8” machine vise, PARKSON vertical milling head attachment, s/n: n/a
BROWN & SHARPE NO. 3-26” horizontal gear hobber with 2.5” max. tool size, 12.5” travel, s/n: n/a
BARNES multi-head drill press with speeds to 478 RPM, 40”x14” table, s/n: 023
B. ELLIOTT & CO. power hacksaw, s/n: n/a
MFG. UNKNOWN hydraulic keyseater with approx. 26” stroke, s/n: n/a
MFG. UNKNOWN hydraulic h-frame shop press with approx. 12” stroke, s/n: n/a
MFG. UNKNOWN dual side pneumatic punch press, s/n: n/a
FG. UNKNOWN NO. 6 3” drill press, s/n: n/a
MFG. UNKNOWN 2” drill press, s/n: n/a

FACTORY SUPPORT EQUIPMENT

(2) BROOMWADE BW4L piston type air compressors with 50 HP motor, s/n: E0210619, E0210847
(2) GARDNER DENVER ADR-1011 piston type vertical air compressors with 15 HP motor, s/n: 6366, 179473
CATERPILLAR D318 diesel engine with 6 cylinders, 104 HP, CATERPILLAR starter, s/n: 5V15993

TIMED ONLINE SALE

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