Pal Tech Limited

Fully Integrated Fastener & Packaging Supplier

Date

Wednesday, August 17, 2022

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 Tuesday, September 6 by appointment only. Rigging details to follow.

Location

3560 Odyssey Dr., Unit 4, Mississauga, ON, Canada, L5M 0Z9

Industry

Packaging

Add to Calendar

LATE MODEL HIGH-SPEED PACKAGING LINES FEATURING: BONOTTO (2016) complete high-speed packaging line; IMANPACK (2013) complete high-speed packaging line; YALE (2015) ERP040VTN36TE094 36V electric counterbalance forklift; CROWN C-5 1000-50 LPG counterbalance forklift; DEVILBISS VAP-5050 7.5 HP air compressor; 25 HP air compressor; FRIULAIR (2013) AHT100U-1 PURESTREAM air dryer; YUANXUPACK (2018) YK1650F turntable stretch wrapper; FERPLAST (2016) M 200 rolling lift cart; YALE pallet truck; RICE LAKE BM1818-200 platform scale; RICE LAKE platform scale; SENTRA SUPER II packaging scale; SENTRA 4091471NN SUPER II packaging scale; A&D FC-2000I packaging scale; GE (2016) 9T10A1004 75 KVA transformer; ALSO large quantity of hand tools, large parts inventory & MORE!

LATE MODEL HIGH-SPEED PACKAGING LINES

BONOTTO (2016) complete high-speed packaging line consisting of: (14) DECA (2016) VL401 zero-defect automatic counting & filling stations with touchscreen displays; (1) manual counting & filling station; BONOTTO BP-104 L-900 vertical gravity fed packaging & sorting machine with 27 bags per minute maximum output capacity, 3X3 & 2X2 bag format capabilities, 18 bags per minute maximum production output in 2 & 3 compartment configuration; BONOTTO check weigher conveyor.
IMANPACK (2013) complete high-speed packaging line consisting of: (12) IMANPACK (2013) CMF 5 zero-defect automatic counting & filling stations with touchscreen displays; (1) manual counting & filling station; IMANPACK vertical gravity fed packaging & sorting machine with 24 bags per minute maximum output capacity, 3X3 bag format capability, 18 bags per minute maximum production output in 3-compartment configuration; IMANPACK check weigher conveyor.

ROLLING STOCK

YALE (2015) ERP040VTN36TE094 36V electric counterbalance forklift with 3,700 LB capacity, 3-stage mast, 216.5” max vertical lift, side-shift, 8,433 hours (recorded on meter at time of listing), s/n G807N07939N
CROWN C-5 1000-50 LPG counterbalance forklift with 4,600 LB capacity, 3-stage mast, 188” max vertical reach, side-shift, 945 hours (recorded on meter at time of listing), s/n 9A230511

FACTORY SUPPORT EQUIPMENT

DEVILBISS VAP-5050 7.5 HP air compressor with 175 PSI max operating pressure, s/n 91621
25 HP air compressor with 200 PSI max operating pressure, s/n 6896978
FRIULAIR (2013) AHT100U-1 PURESTREAM air dryer with 200 PSIG max air pressure, 115V/1PH/60HZ, s/n 130001417
YUANXUPACK (2018) YK1650F turntable stretch wrapper, 220V/3PH/50-60HZ, s/n 13705
FERPLAST (2016) M 200 rolling lift cart with 440 LB capacity, s/n 1409227
YALE pallet truck with 5,500 LB capacity, s/n N/A
RICE LAKE BM1818-200 platform scale with 5,000 lb capacity, s/n 154020006
RICE LAKE platform scale with 5,000 LB capacity, s/n B58937
SENTRA SUPER II packaging scale with 26 LB capacity, s/n N/A
SENTRA 4091471NN SUPER II packaging scale with 55 LB capacity, s/n 3362268
A&D FC-2000I packaging scale with 5 LB capacity, s/n P3031238
GE (2016) 9T10A1004 75 KVA transformer, 480-208-120V/3PH/60HZ, s/n *1M0002K1E*

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.
THIS SALE WILL BE CONDUCTED IN CAD.

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