Sale Date
October 23, 2020
11:00 AM Eastern Time
(4) Plant Locations
Surplus to the Ongoing Operations of Sypris Technologies & Portland Forge
Featuring: 10" to 3" Upsetters, 1600 Ton Lasco Press,1500 Ton Wilkins & Mitchell Press, 800 Ton Toledo Press, Pangborn ES-2019 Blast Machine, Carole Centering Machine
Inspection
Sale inspection will be held on Thursday, October 22, by appointment only.
Payment
A 20% buyer's premium will be charged on all assets. The buyer's premium will be reduced to 18% for payments made by means of cashier's check or wire transfer within 48 hours of sale close. If paying by company check, a paid in full invoice will be issued upon the check clearing. Credit card payments are limited to a maximum of $2,000. 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 Monday, December 14. All removal is strictly by 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.