auction-id-3859
Live On-Site Auction with Simultaneous Webcast
  • Aug 22, 2019
  • 10:00 AM Central Time
  • East Peoria, IL

Assets Due to the Consolidation of Building HH - Caterpillar East Peoria, IL - CNC Machine Tools & Conventional Machinery, Gear Machinery, Inspection, Wash Lines, Material Handling & Plant Support

About this Live On-Site Auction with Simultaneous Webcast

Featuring 500 Lots Offered at Public Auction Including: CNC & Conventional Gear Hobbers, Grinders, Shapers & Deburrers; Broaches; CNC Turning Centers and Vertical Lathes; Machining Centers; ID/OD, Angle Head & Internal Grinders; Hydraulic Presses; Conventional Machine Tools; Complete Inspection Department; Blast Cabinet; Parts Washers; Hanel Vertical Storage Systems; Hundreds of Vidmar Tool Cabinets; and much more

Inspection
Sale inspection will be held on Wednesday, August 21, from 8:00 AM to 4:00 PM CT, The following plant rules apply to all visitors entering the facility for inspection; 1) All inspections are by APPOINTMENT ONLY. Call Dan Meskimen at (309) 208-3130 to schedule. 2) All visitors must have steel toe shoes and safety glasses.
Payment
A 16% buyer's premium will be charged on all assets purchased by buyers attending the sale in person, and any Webcast or Online Buyers will be charged an 18% buyer's premium. 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 18% (bidders attending the Auction in person) or 21% (Webcast or Online Bidders). 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 premises of the sale and subject to additional terms announced the day of sale. All items are sold "As is, Where is" without any warranty, express or implied.

Auction Brochure

Location

Sale Date

08/22/2019 10:00 AM Central Time