Surplus to the Ongoing Operations of Sypris Technologies & Portland Forge

Client name held by request.
Sale Date

October 23, 2020
11:00 AM Eastern Time

Online Auction

(4) Plant Locations

 

Featuring: 10" to 3" Upsetters, 1600 Ton Lasco Press,1500 Ton Wilkins & Mitchell Press, 800 Ton Toledo Press, Pangborn ES-2019 Blast Machine, Carole Centering Machine
Print Details

Inspection
Sale inspection will be held on Thursday, October 22, by appointment only.
Payment
A 20% buyer's premium will be charged on all assets. The buyer's premium will be reduced to 18% for payments made by means of cashier's check or wire transfer within 48 hours of sale close. If paying by company check, a paid in full invoice will be issued upon the check clearing. Credit card payments are limited to a maximum of $2,000. All items are sold "As is, Where is" without any warranty, express or implied.
Documents
Deadlines
All items must be removed no later than Monday, December 14. All removal is strictly by appointment. 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

LOCATIONS
Sypris Technologies
2612 Howard St
Louisville, KY 40211
  Sypris Technologies Toluca, SA de CV
Industrias Quimicas 200, Zona Industrial
50071, Toluca, Estado de Mexico
 
Portland Forge
250 E Lafayette St
Portland, IN 47371
  Amforge Corporation
750 N Vernon Ave
Azusa, CA 91702
CONTACT INFORMATION
FINANCING, OFFERED BY ENGS
Pre-Qualify for Financing with ENGS Commercial Finance Co
RIGGING CONTACTS
Reid Machinery, Inc.
Tel: (517) 887-8300
Fax: (517) 887-1142
reidmachinery@gmail.com

Industrial Turn Key Solutions
Tel: (276) 734-1107
tom.petschke@indtks.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