Sale Date
March 28, 2019
10:00 AM Central Time
Waco, TX
Assets Available Due to the Facility Closure of Caterpillar Waco, TX
Featuring: (2) Mazak ST80N Turning Centers, (2) Mazak Cybertech Turn 4500MT Turning Centers, (3) Mazak 8800 Horizontal Machining Centers, Campbell 1000 & 750 CNC Vertical OD/ID Cylindrical Grinders, BK 1000 VBG Vertical Grinder, Kellenberger UR 250/1500 Universal Grinder, Okamoto OGS 12-60 Universal Grinder, Williams Car Bottom Furnace, Welding Department, Tooling, Maintenance Department & Plant Support
Inspection
Sale preview will be held on Wednesday, March 27 from 8:00 AM to 4:00 PM CT or by special appointment.
Payment
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 cash (but only on sale day), 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.
Links
Documents
Auction Brochure
Bank Letter of Guarantee
Buyer Release Form
Caterpillar Waco March 28 2019 Auction Terms & Conditions
Deposit Form
Deadlines
Removal strictly by appointment only. All assets must be removed no later than Friday, April 12. Removal times are Monday through Friday from 8:00 AM to 4:00 PM CT. Extended hours and weekends may be accommodated with 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 before removal.