Live On-Site Auction with Simultaneous Webcast
  • Dec 13, 2023
  • 10:00 AM Eastern Time
  • Concord, ON Canada

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

About this Auction

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.

Inspection
Sale preview will be held on Monday, December 11 from 8:30AM to 4:00PM ET.
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. 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.

Auction Brochure

Location

Sale Date

12/13/2023 10:00 AM Eastern Time