Fintech Manufacturing Inc.

Late Model Fabricating Facility

Date

Wednesday, July 5, 2017

Start Time

1:00 PM EDT

Inspection

Wednesday, July 5 from 9:00 A.M. to start of auction.

Removal

Small items: Thursday, July 6 by 5:00 P.M.
Remaining items: Wednesday, July 12 by 5:00 P.M.

Location

216 South Service Rd., Stoney Creek, ON, Canada, L8E 2N9

Industry

Fabricating

FEATURING: STRIPPIT LVD (2006) 350 BH 15, 350 ton 4 axis CNC hydraulic press brake with precision brake tooling; HYPERTHERM CNC HyDefinition plasma cutting table with HYPERTHERM EDGE AUTOMATION CNC control and 10’ x 20’ cutting table; MRM (2000) 5’ x 1/8” hydraulic bending rolls; HYD-MECH (1998) S-20A, automatic horizontal saw; WHEELABRATOR tumble shot blast unit with reclamation system; CINCINANTI BICKFORD 6’ radial arm drill; NELSON 2 ton bridge crane; (2) late model jib hoists; TAYLOR Y-18-WOM, 18,000 LB outdoor diesel forklift; CATERPILLAR 4500 LB outdoor LPG forklift; FORD (2006) F-350 SUPER DUTY flatbed truck; KAESER CS76, rotary screw air compressor; LARGE OFFERING OF (10+) digital MIG, TIG & stud welders, tank turning rolls, air compressors & dryers, general machining & fabricating equipment, factory support equipment & MUCH MORE!

CNC MACHINES

STRIPPIT/LVD (2006) 350 BH-15 350 ton CNC hydraulic press brake with LVD CADMAN CNC control, 14’ 10” ram length, 16” throat, 150” between housings, 33” open height, (2) 3’ support arms, palm button & foot pedal control, S/N 30402
SECTOR TECHNOLOGY/HYPERTHERM ST-12505G CNC plasma cutting table with HYPERTHERM HD 3070 HyDEFINITION plasma supply, HYPERTHERM EDGE AUTOMATION CNC control, 8’ 8” x 25’ 8” water table, S/N 12991

CONVENTIONAL MACHINERY

HYD-MECH S20A series II automatic horizontal bandsaw with 12” x 8” cutting capacity, coolant, S/N n/a
CINCINNATI BICKFORD 4’ radial arm drill with 13” diameter column, 10-1250 RPM, power elevation, 26” x 26” x 20” box table, S/N 3ME81
HERBERT 3 head gang drill with 384-2415 RPM, #2 morse taper spindles, 15.5” x 35” table
30 ton ‘h’ frame hydraulic shop press S/N 3460052
RYOBI 10” compound miter saw
WHEELABRATOR tumbler style shot blast system with 29” x 31” shot blast chamber, shot reclamation system. S/N n/a
MRM 455 initial pinch power plate rolls with 6” diameter x 48” long rolls, S/N 2052
GENERAL combination disc & belt sander with 6” belt & 12” diameter disc
RIDGID TS-3650 10” table saw

WELDING

MILLER XMT-350 350 amp MIG welder with miller 22a wire feed S/N LG290060A, cables & gun
LINCOLN POWER MIG 350 350 amp MIG welder with cables and gun, S/N U10800600508
LINCOLN POWER MIG 255 255 amp digital MIG welder with cables & gun
(3) MILLER MILLERMATIC 251 digital 250 amp MIG welders with cables & guns
MILLER MILLERMATIC 250X 250 amp MIG welder with cables & gun
HYPERTHERM POWERMAX 1650 G3 series plasma cutter
HYPERTHERM POWERMAX 45 plasma cutter
TRW TR850A stud welder with cables & gun

FACTORY EQUIPMENT

MFG. UNKNOWN 10 HP tank mounted piston type air compressor
CAMBELL-HAUSFELD 5 HP vertical tank mounted air compressor
VAN-AIR RA-100 air dryer S/N 93A1A-1754-OSP with receiver tank
NELSON 2 ton single girder overhead underslung bridge crane with budgit 2 ton hoist, 27’3” span, 108’ crane rail, pendant control
YALE 1 ton free standing 360 degrees rotation jib arm & hoist
DEMAG 1 ton column mounted jib arm & hoist
DEMAG ½ ton column mounted jib arm & hoist
DEVILBISS 16’ x 34’ x 16’ high paint booth with exhaust filters, 14’ x 14’ door opening
TAYLOR Y-18-WOM 18,000 LB diesel outside forklift with 2 stage mast, 144” lift, dual front wheels, S/N S-26-12324
DAEWOO S305-2 6,000 lb lpg forklift with 3 stage mast, 168” lift, side shift, solid tires S/N 12-07505
FORD F-350XL super duty flat bed truck with 171,141km VIN IFD5F34526EC59613

ALSO:

Dumping hoppers, pallet trucks, bench & pedestal grinders, power & hand tools, welding tables, lifting chains and slings, shop fans & MORE!

ONSITE & ONLINE

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 16% 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.

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