Surplus Assets of

Kubes Steel Inc.

Machining & Fabricating Equipment Event

Date

Wednesday, April 7, 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 Friday, April 23 by appointment only.

Location

1053 Barton Street, Stoney Creek, Ontario, Canada, L8E 5H1

Industry

Fabricating | Machining

FEATURING: HAAS VF9 CNC vertical machining center; ESAB AVENGER AVG2-4 VIS2C REMAN bridge-type CNC cutting table with ESAB VISION 2000C/3000 CNC control, (1) plasma cutting head with +/- 45 deg bevel & rotate capability, (4) oxy-acetylene torch heads, ESAB ESP600C plasma cutting power source, GALT 432”x168” burning table; STANKO 65A90 CNC vertical mill with 108”x41” table; STANKO 2620B 3.5” table-type horizontal boring mill with 44”x49” power rotary table; STANKO 16K401-3 36”x127” gap bed engine lathe; CHIEN YEH CY-680X2000 30”x76” gap bed engine lathe; MAS VF4 5’ radial arm drill; YALE GLP110MGNGBV124 11,000 lb. capacity LPG forklift; YALE GLP 080LFNSBE088 7550 lb. capacity LPG forklift and MORE!

THE EXCLUSIVE RIGGER FOR THIS SALE IS:

NATIONAL RIGGING AND TRANSPORTATION
O: 905-788-1110 | C: 905-704-9011
Please contact: Darren Chapman
[email protected]
www.nationalrigging.com

CNC VERTICAL MACHINING CENTER

HAAS VF9 CNC vertical machining center with HAAS CNC control, 36”x84” t-slot table, travels: X-49”, Y-40”, Z-30”, speeds to 3000 RPM, 40 taper spindle, 20 station ATC, chip auger, 35 KVA transformer (may be sold separately), s/n: 9512

CNC PLASMA/OXY-ACETYLENE CUTTING TABLE

ESAB (AVENGER AVG2-4 VIS2C REMAN bridge-type CNC cutting table with ESAB VISION 2000C/3000 CNC control, (1) plasma cutting head with +/- 45 deg bevel & rotate capability, (4) oxy-acetylene torch heads, ESAB ESP600C plasma cutting power source, GALT 432”x168” burning table, 22” under bridge, PRESTO-O-WELD WC-7C coolant circulator, s/n: 0560985230

CNC VERTICAL MILL

STANKO 65A90 CNC vertical mill with 108”x41” table, travels: X-100.50”, Y-39.00”, Z-34.466”, approx. 32” max. distance spindle nose to table top, speeds to 2000 RPM, #50 taper spindle, s/n: 65A901-11.000.130P3

CONVENTIONAL MACHINE TOOLS

STANKO 2620B table-type horizontal boring mill with 3.5” spindle, 44”x49” rotary t-slot table, travels: vertical-41”, cross-40”, longtitudinal-49”, #40 taper, speeds to 2000 RPM, NEWALL DP700 3-axis DRO, s/n: 2446
STANKO 16K401-3 gap bed engine lathe with 32” 4-jaw chuck, 36” swing over bed, 127” distance between centers, 4” spindle bore, speeds to 1250 RPM, s/n: 856
CHIEN YEH CY-680X2000 gap bed engine lathe with 12” 3-jaw chuck, 30” swing over bed, 76” distance between centers, 3” spindle bore, speeds to 1000 RPM, JINGCE 2-axis DRO, s/n: 068
MAS VF4 5’ radial arm drill with 12” column, speeds to 2000 RPM, coolant, 36”x22”x24” box table (may be sold separately), s/n: 9795
DARBERT horizontal bandsaw, s/n: 0260
VERTICUT 115B roll-in vertical bandsaw with 18”x30” table, 12” throat, 3.25 HP, 115V, single phase, s/n: 4077
INVICTA ELLIOT 4MR 18” shaper with 16”x12” t-slot table, speeds to 101 strokes/minute, s/n: N/A
TRADEMASTER 10” double end bench grinder, s/n: n/a
MILLFORD 12” double end pedestal grinder, s/n: n/a

FORKLIFTS

YALE GLP110MGNGBV124 LPG forklift with 11,000 lb capacity, 24” load center, 180” max. vertical reach, outdoor cushion tires, 2-stage mast, 5’ forks, heated enclosed cab, s/n: B813D0198T
YALE GLP 080LFNSBE088 LPG forklift with 7550lb capacity, 24” load center, 185.6” max. vertical reach, 3-stage mast, cushion tires, 4’5” forks, s/n: N545888

ALSO:

LARGE QUANTITY of INSPECTION EQUIPMENT consisting of outside micrometers, vernier calipers, inside micrometers; PERISHABLE TOOLING including taper shank drills, reamers, end mills; machine vises; LISTA tool cabinets; ESAB plasma cutting perishables; #50 & #40 tool holders; racking; shop tables and MUCH 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