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.
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.
IMPORTANT INFORMATION

Pre-Auction Offers Invited for Major Assets


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LOCATION
1400 American Way
Greenwood, Indiana 46143
CONTACT INFORMATION
RIGGING CONTACTS
Underwood Companies
Maison Stites
Cell: (317) 719-3100
[email protected]
TRUCKING CONTACTS
IMMEC Transport, Inc
6600 N Lincoln Ave, Ste 306
Lincolnwood, IL 60712
Contact: Yanett Torres
Phone: (312) 445-8795
[email protected]