Sale Date
May 19, 2020
10:00 AM Eastern Time
Irwin, PA
Surplus Assets to the Ongoing Operations of Kennametal Inc. - Day 1
(400+) Lots Featuring Sinter HIP Furnaces; Cold Isostatic Presses (CIP), Hydraulic Powder Compaction Presses, Loomis 120 Ton Extrusion Press, CNC & Conventional Machine Tools, Assorted Grinders, Dust Collection/Air Cleaning, Tool Room & More
Inspection
Monday, May 18, by appointment only. We encourage inspections held via 1-on-1 video conferencing, however in person inspections can still be accommodated if required. Call for details.
Payment
Due to this Webcast-only auction having no option for onsite bidding, we have reduced the Buyer’s Premium for webcast buyers in this auction to 16% 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 18%. 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
Auction Brochure
Day 1 and 2 Printable Lot Catalog
Deadlines
All items must be removed no later than Friday, June 5. 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, and that certificate must be provided to the auctioneer for review and approval prior to the auction.