Online Auction
- Jul 15, 2025
- 11:00 AM Eastern Time
- Philpot, KY
Surplus to Continuing Operations of Hines Precision Inc. – a High-Volume Precision Metal Stampings Company
About this Auction
Featuring: STOKES DDS2 & 328 Rotary Tablet Presses, (22) Stamping Presses up to 75 Ton, Coil Feed Equipment, NILSON S-4T Four-Slide Wire Forming Machine, (31) US BAIRD Model 0, 1, 2, 3 & 28 Four-Slide Wire Forming Machines, Tool Room Machinery & Equipment including Cylindrical Grinders, Surface Grinders, Vertical Turret Mills, Comparators, EDM's, Spot Welders, Tumbler, and More!
Inspection
Sale preview will be held on Monday, July 14, from 9 AM to 4 PM ET, or by appointment. Please schedule your inspection appointment in advance by calling +1-847-545-6374 or email jennifer@perfectionindustrial.com.
Removal
All items must be removed by Friday, August 1. 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.
Important Information
Pre-Auction Offers Invited for Major Assets
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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 20%. All invoices paid with a credit card are subject to a 20% Buyer's Premium, and credit card payments are only allowed up to a maximum of $2,000 per auction. 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.
Rigging Contact(s)
Trucking Contact(s)
IMMEC Transport, Inc
6600 N Lincoln Ave, Ste 306
Lincolnwood, IL 60712
Contact: Jo Chung
Phone: (312) 445-8795
jo@immectransport.com
6600 N Lincoln Ave, Ste 306
Lincolnwood, IL 60712
Contact: Jo Chung
Phone: (312) 445-8795
jo@immectransport.com
Location
5680 Old Highway 54 East
Philpot, KY 42366
Philpot, KY 42366
Sales Contact(s)
Sale Date
07/15/2025 11:00 AM Eastern Time