Surplus to the Ongoing Operations of OTC Industrial Technologies

Client name held by request.
Sale Date

October 17, 2023
10:00 AM Eastern Time

Live Auction Via Webcast

Greenwood, IN


Featuring: CINCINNATI 135AS CNC Press Brake, VERSON and CHICAGO D&K Mech. Press Brakes, BETENBENDER 4' x 1/4" Hyd. Shear, WYSONG & CINCINNATI Mech. Shears, WYSONG Bending Roller, PIRANHA Ironworker, Bandsaws, (2) WHITNEY 635-A Punch Presses, RYERSON PULLMAX Nibbler, MILLER Welders, Powder Coat Line, Steel Inventory, (2) CLARK Forklifts, and Plant Support Equipment
Print Details

  • Inspection
    • Sale preview will be held on Monday, October 16 from 9:00AM to 4:00PM ET, by appointment only. 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 items must be removed no later than Friday, 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.

      Pre-Auction Offers Invited for Major Assets

      Add to Calendar
      1400 American Way
      Greenwood, Indiana 46143
      Underwood Companies
      Maison Stites
      Cell: (317) 719-3100
      [email protected]
      IMMEC Transport, Inc
      6600 N Lincoln Ave, Ste 306
      Lincolnwood, IL 60712
      Contact: Yanett Torres
      Phone: (312) 445-8795
      [email protected]
  • Terms
    • Click on the 'Terms and Conditions' link in the above 'Documents' section or Call for Terms and Conditions