Assets of

Multi-Machining Ltd. – Final Sale

Conventional & CNC Machining Facility

Date

Tuesday, September 19, 2017

Start Time

10:30 AM EDT

Inspection

BY APPOINTMENT ONLY. Please call 416.962.9600 for more details.

Removal

All items: BY APPOINTMENT ONLY and must be removed no later than Tuesday, October 3 by 5:00 P.M.

Location

590 Seaman Street, Stoney Creek, Ontario, Canada, L8E 4H1

Industry

Machining

FEATURING: ZPS (2001) MCFV 1060 NT, CNC vertical machining center; ZAYER 3000 BF3, 50 taper universal bed type CNC machining center; LEADWELL MCV-1300P CNC vertical machining center; YANG (2000) CK-3B CNC turning center; MAZAK 40” x 120” CNC vertical machining center; SHENYANG T6112 table type horizontal boring mill; OKUMA 24” x 96” engine lathe; TARNOW 24” x 80” engine lathe; DEMAG 5 ton x 20’ single girder bridge crane; DEVILBISS 10 HP piston-type tank mounted air compressor; LARGE OFFERING OF CAT 50 & 40 taper tool holders & MORE!

CNC VERTICAL MACHINING CENTERS

MAZAK POWER CENTER SV-25E CNC vertical machining center with MAZATROL CAM M-2 CNC control, 114” x 37” table, travels: X - 102”, Y - 31”, Z - 29”, 37” maximum distance spindle nose to table top, spindle speeds 22 – 3600 RPM, CAT 50 taper, 40 station ATC, coolant, s/n: 69494
ZPS (2001) MCFV 1060NT CNC vertical machining center with HEIDENHAIN CNC control, 50” x 23” table, travels: X - 40”, Y - 24”, Z - 30”, spindle speeds to 8000 RPM, CAT 40 taper, 40 station ATC, coolant, COSMOTEC WRA20 cooler unit, s/n: 220280-0753
LEADWELL MCV-1300P CNC vertical machining center with FANUC OM CNC control, 55” x 25” table, travels: X - 51”, Y - 29”, Z - 22”, 50 taper, 20 station ATC, coolant, s/n: L812091

CNC TURNING CENTER

YANG (2000) CK-3B CNC turning center with FANUC CNC control, 12” chuck, 26” swing over bed, 15” max. turning diameter, 51” max. machining length, 12 station turret, speeds to 3000 RPM, 25 HP, coolant, chip conveyor, s/n: D1043

CNC UNIVERSAL MILLING MACHINE

ZAYER BF-3000 bed type CNC universal milling machine with HEIDENHAIN TNC CNC control, 118” x 39” table, travels: X - 104", Y - 41.33" , Z - 41.33”, speeds to 1800 RPM, CAT50, 60 HP, coolant, s/n: 52553C

BORING MILL

SHENYANG T6112 table type horizontal boring mill with 4” diameter spindle, 63” x 55” power rotary table, travels: Longitudinal - 62”, Traverse - 55”, speeds to 800 RPM, facing head, vertical milling head, s/n: n/a

CONVENTIONAL MACHINE TOOLS

OKUMA L-T gap bed engine lathe with 28” swing, 133” between centers, 2.5” spindle bore, speeds to 1200 RPM, inch/metric threading, chucks and steadies, s/n: 4503-0358
TARNOW TUJ 50M X 2500 gap bed engine lathe with 24" swing, 100" between centers, 3.5" bore, speeds up to 1600 RPM, S/N: 550
DEVILBISS 10 HP piston-type tank mounted air compressor, s/n: 69964
MFG. UNKNOWN double girder top running bridge crane with DEMAG 5 ton electric hoist, approx. 75’ free standing gantry with runway, i-beams and bus bar, s/n: n/a
MFG. UNKNOWN single girder top running bridge crane with DEMAG 5 ton electric hoist, approx. 35’ free standing gantry with runway, i-beams and bus bar, s/n: n/a
LARGE QUANTITY of TOOL HOLDERS consisting of CAT 50, CAT 40, MT 80, 50 taper and 30 taper; machine vises & 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