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

Inspection
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.
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 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.
Documents
Deadlines
Smaller, hand-carry lots must be removed by Tuesday, October 20. 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.
IMPORTANT INFORMATION

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.

LOCATION
751 Cliff Avenue
Sewaren, NJ 07077
CONTACT INFORMATION
IN CONJUNCTION WITH
Prestige Auctions
FINANCING, OFFERED BY ENGS
Pre-Qualify for Financing with ENGS Commercial Finance Co
RIGGING CONTACTS
Pedowitz Machinery Movers
Ray Brunelle
(917) 939-2975
ray@pedowitz.com
TRUCKING CONTACTS
IMMEC Transport, Inc
6600 N Lincoln Ave, Ste 306
Lincolnwood, IL 60712
Contact: Yanett Torres
Phone: (312) 445-8795
yanett@immectransport.com