Sale Date
December 12, 2023
10:00 AM Eastern Time
Concord, ON Canada
2 Day Auction Offering Manufacturing Assets of Leading Tier 3 Brake System Parts Mfr.
Bid On-Site & Online! Featuring 800+ Lots Including: 2020 MIKRON HSM 500 VMC, 2011 HAAS VF-3 VMC; OKUMA & MATSUURA VMC’s; (8) EDM’s - as new as 2011; (16) Surface Grinders - up to 16”x 36”; Lathes; Mills; Machine Accessories & Tooling; (2) MITUTOYO CMM’s; MITUTOYO PH-3500 Optical Comparator; Inspection Equip.; (3) 2015 KAESER 125 hp AC’s & Dryers; Chillers; Die Maintenance/Repair Dept.; Mezzanine; 2019 SIEMENS Switchgear & Distribution Panels; Spare Parts & Consumables; Bearings; Material Handling Equip.; Factory Support Equipment; etc.
Inspection
Sale preview will be held on Monday, December 11 from 8:30AM to 4:00PM ET.
Payment
An 18% Buyer's Premium will be charged on all assets purchased by buyers providing full payment is made within 48 hours following the sale. Acceptable forms of payment are cashier's check, company check (with bank letter of guarantee) or wire transfer within 48 hours of the sale close. For any Buyers failing to pay within the 48 hour stated payment period, the Buyer's Premium will be increased to 20%. All invoices paid with a credit card are subject to a 20% Buyer's Premium. Everything will be sold to the highest bidder, in accordance with the Auctioneer's customary "Terms of Sale", copies of which will be posted on the Auctioneer’s website and subject to additional terms announced the day of sale. All items are sold "As is, Where is" without any warranty, express or implied.
Links
Documents
Terms & Conditions
Deadlines
All items must be removed no later than Wednesday, January 31. All removal is strictly on an appointment only basis. Anyone removing purchased items with a lift truck or another powered vehicle must have a certificate of insurance with a $2M General Liability policy, the policy must include a Worker's Compensation rider, and that certificate of insurance must be provided to the auctioneer for review and approval prior to the auction.