May 14, 2019
9:00 AM Eastern Time
North Manchester, IN
Manchester Metals - Ductile and Gray Iron Foundry Facility Closure
Featuring: 2013 AJAX 3000 KW & INDUCTOTHERM 1750 KW Induction Furnace Systems; DISA 2110 Mk2 Molding Line; OSBORN Molding Machines; BEARDSLEY & PIPER Shell Core Machines; Mixer & Core Station; Core Cells; Vibrating & Oscillating Conveyor; Grinders; Shot Blast; Vacuum System; Welding; Pattern & Machine Shops; Metrology Lab; Water Cooling System; Rolling Stock; Cranes; Maintenance Cribs & Plant Support
Sale preview will be held on Monday, May 13 from 8:00 AM to 4:00 PM ET or by special appointment.
A 16% buyer's premium will be charged on all assets purchased by buyers attending the sale in person, and any Webcast or Online Buyers will be charged an 18% buyer's premium. 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 18% (bidders attending the Auction in person) or 21% (Webcast or Online Bidders). 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 premises of the sale and subject to additional terms announced the day of sale. All items are sold "As is, Where is" without any warranty, express or implied.
All items must be removed no later than Friday, May 31. Removal hours are 8:00 AM to 4:00 PM Monday through Friday. Extended hours and weekends may be accommodated by prior appointment. Anyone removing purchased items with a lift truck or another powered vehicle must have a certificate of insurance with a $2M General Liability policy, and that certificate must be provided to the auctioneer for review and approval prior to the auction.