Large Capacity Turbine Repair & Maintenance Facility

Client name held by request.
Sale Date

October 15, 2020
11:00 AM Eastern Time

Live Auction via Webcast

Sewaren, NJ


Pre-Auction Offers Invited
Heavy Duty Lathes, Vertical and Horizontal Boring Mills, State of the Art Balancing Equipment, Grinders, Late Model Test Equipment, Plant Support and Much More!
Print Details

Sale preview will be held on Wednesday, October 14 from 9:00 AM to 4:00 PM ET, or by appointment. Please schedule your inspection appointment in advance by calling +1-847-545-6374. Everyone on site must wear a face mask and abide by all social distancing guidelines. Video call inspections can also be accommodated with advance notice.
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 21%. 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.
Removal of purchased lots begins on Monday, October 19. Smaller, hand-carry lots must be removed by Wednesday, October 21. All other items must be removed no later than Friday, October 30. 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, and that certificate must be provided to the auctioneer for review and approval prior to the auction.

Pre-Auction Offers Invited for Major Assets

To avoid any public gatherings, there will be no onsite participation in this Webcast-only auction. All bidders will be able to place live, real-time bids using a desktop or mobile device (the exact same way Webcast bidders have participated in previous sales) and can listen live in real-time to the auctioneer's audio stream.

The following items have been sold prior to the auction and are no longer available:

• Lot 100 | OKUMA & HOWA MILLAC-511V VMC
• Lot 124 | GIANA GFP24 129" x 421" Heavy Duty Lathe
• Lot 126 | MORANDO KS42/50 Vertical Boring Mill
• Lot 140 | 2014 PHENIX MTS1500-1000 Electric Motor Tester
• Lot 141 | 2014 PHENIX CL125A Motor Core Loss Test Set

751 Cliff Road
Sewaren, NJ 07077
Prestige Auctions
Pre-Qualify for Financing with ENGS Commercial Finance Co
Pedowitz Machinery Movers
Ray Brunelle
(917) 939-2975
IMMEC Transport, Inc
6600 N Lincoln Ave, Ste 306
Lincolnwood, IL 60712
Contact: Yanett Torres
Phone: (312) 445-8795