Surplus to the Ongoing Operations of Ability Metal Co. - Fabrication, Machining, and Stamping Facility

Client name held by request.
Sale Date

November 18, 2021
10:00 AM Central Time

Online Auction

Elk Grove Village, IL


Featuring: Vertical Machining Centers, Drilling & Tapping Centers, Mitsubishi Lasers, Turret Punches, Over (15) Press Brakes, Large Selection of Brake Tooling, Welding, Tool Room, Finishing Inspection Equipment, Plant Support and More
Print Details

Sale preview will be held on Wednesday, November 17, by appointment only. Please schedule your inspection appointment in advance by calling +1-847-545-6374 or email [email protected]
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.
All items must be removed no later than Friday, December 10. 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
1355 Greenleaf Ave
Elk Grove Village, IL 60007
Maynards Industries
Rite Industrial Movers
Chad Boelk
[email protected]
Phone: (608) 215-9941
IMMEC Transport, Inc
6600 N Lincoln Ave, Ste 306
Lincolnwood, IL 60712
Contact: Yanett Torres
Phone: (312) 445-8795
[email protected]