Sale Date
February 20, 2024
10:00 AM Central Time
Estill Springs, TN
Day 1 - Former Assets of a Major Defense Contractor - Full Facility Closure
Featuring 400 Lots: 2013 MAZAK VCN510C 5X-II 5-Axis VMC, 2006 OKUMA Multus B300-W 5-Axis CNC Lathe, SNK FSP-120V 5-Axis Profile Mill, (2) 2013 YAMA SEIKI VMC’s, (6) MAZAK & FADAL VMC’S, 2000 HANKOOK VTB125C 48" VTL, Turning Centers, (3) OKUMA & MAZAK HMC’s, (2) ONSRUD CNC Gantry Mills, 2012 MITSUBISHI MV2400S EDM, TACCONE 4000 Ton Forging Press, AVCO 800T Straightening Press, POREBA & SUMMIT Engine Lathes up to 50" x 384", Fabricating Equipment, ZERO 120" Rotary Shotblast, Welding, LISTA Cabinets, Machine Accessories, Power/Hand Tools, and more
Inspection
Sale preview will be held on Monday, February 19, from 9:00AM to 3:00PM CT, or by appointment. Please schedule your inspection appointment in advance by calling +1-847-545-6374 or email [email protected].
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
Deadlines
Smaller, hand-carry lots must be removed by Friday, March 3. All other assets must be removed no later than Friday, March 29. All removal is 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, and that certificate must be provided to the auctioneer for review and approval prior to the auction.