Houston, TX

Plant Closing Due to Consolidation of SPM Oil & Gas - a Caterpillar Company

Featuring: 2007 Mazak e500HII Integrex Multitasking Machining Center, (2) Mazak e1060V8 5-Axis Machining Centers, 2015 DMG Mori SL603BMC / 2000 Turning Center, 2014 DMG Mori SL403BMC / 2000 Turning Center, 2014 Toshiba TUE-150 VBM, Car Bottom Furnace, Valve Test Stands, Tooling, Inspection Equipment, Jib Cranes, Pallet Racking

Inspection

Sale preview will be held on Wednesday, October 13 from 9:00 AM to 4:00 PM, 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

All small items must be removed by Wednesday, October 20 and large items no later than Wednesday, November 3. 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, the policy must include a Worker's Compensation rider, and that certificate of insurance must be provided to the auctioneer for review and approval prior to the auction.