2 Day Auction Offering Manufacturing Assets of Leading Tier 3 Brake System Parts Mfr.

Client name held by request.
Sale Date

December 13, 2023
10:00 AM Eastern Time

Live On-Site Auction with Simultaneous Webcast

Concord, ON Canada


Bid On-Site & Online! Featuring 700+ Lots Including: (10) FEINTOOL, MORI Fine Blankers - new as 2019, up to 880 ton; (11) COE, COLT, PERFECTO, DALLAS Fine Blanker Coil Feed Lines - new as 2020; (10) MINSTER, KOMATSU, AIDA, BROWN BOGGS SS Presses - up to 600 Ton; (8) CORSTEEL Hyd Presses - new as 2022, up to 250 Ton; (16)OBG & OBI Presses - up to 220 Ton; (32) Servo Feeder, Cradle/Straighteners, Uncoilers & Straighteners; Part Finishing & Washing/Drying Equip.; (9) Overhead 10 Ton & 5 Ton Bridge Cranes - (2) Free Standing; 470 Tons of Coil Steel; 1,300 Ton of Stamping Dies; Factory Support Equip.; etc.
Print Details

Sale preview will be held on Monday, December 11 from 8:30AM to 4:00PM ET.
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 Wednesday, January 31. 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.
Perfection Industrial Sales is pleased to announce we will be conducting the Util Canada 2-day auction event live, on-site at 270 Spinnaker Way in Concord (Toronto), ON. We welcome all to attend in person at this unprecedented auction event. Bidders also have the option of bidding online via webcast.

Pre-Auction Offers Invited for Major Assets

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Auction Conducted in US Funds (USD)

800+ Lots at December 12 Webcast Auction
View Day 1 Details
270 Spinnaker Way
Concord, ON L4K 4W1
Asset Services
Redmond & Associates
Tony Redmond
Phone: (905) 671-8800
[email protected]

Lalonde Machinery Movers Ltd.
Donald Lalonde or Greg Gauthier
Phone: (416) 285-0024

Western Mechanical Electrical Millwright Inc.
Joe Givens
Phone: (705) 737-4135
[email protected]

Ready Machinery Movers
Sam Wakileh
Phone: (416) 984-8045
[email protected]
IMMEC Transport, Inc
6600 N Lincoln Ave, Ste 306
Lincolnwood, IL 60712
Contact: Yanett Torres
Phone: (312) 445-8795
[email protected]