Houston, TX

Unprecedented Complete Forging & Machining Facility Closure

Featuring: Forging Presses, Ring Rollers & Expanders, Manipulators, Heat Treat Furnaces, CNC Machines & More as late as 2018, Including: 158" x 26" Ring Roller Updated in 2012, 850 Ton Vertical Ring Roller New in 2010, 6500 Ton Open Die Forging Press Updated in 2013, 3500 Ton Open Die Forging Press Updated in 2013, Up to 2500 Degree Gas Furnaces, 30 Ton ~ 25 Ton Manipulators, 2018 Haas VF3YT VMC, Poreba HD Engine Lathes, 144" Froriep VBM, Up to 74" Bullard High Column VTL's, Saws up to 60"x 60", Lathes up to 14" Through Holes, Large qty. of Chucks, Tooling, Heat Treat & Plant Support Equipment

Inspection

Sale preview will be held on Monday, June 27 from 9:00 AM to 3:00 PM. Visitors must pre-register the appointment with the Auctioneer to be admitted by onsite personnel. A specific entrance gate will be provided following a confirmed appointment. Visitors must provide their own PPE (Steel Toed Shoes, Safety Glasses and Hearing Protection. No Shorts allowed). 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 purchased lots must be removed no later than Friday, July 22. 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.