Live On-site and Global Webcast Auction

2 DAY SALE - DAY 1: COMPLETE SALE OF ASSETS FROM THE LARGEST NEWS PLANT IN CANADA - TORONTO STAR NEWSPAPERS LTD

Auction Dates:
Starts: Tuesday, September 20, 2016 - 10:00am (EDT)
Auction Type: Live On-site and Global Webcast Auction
Location: Vaughn Press Centre - 1 Century Place Woodbridge, ON L4L 8R2
Description:

COMPLETE SALE OF ASSETS FROM THE LARGEST NEWS PLANT IN CANADA - TORONTO STAR NEWSPAPERS LTD

600,000 Sq' Plant Featuring: (6) Man Roland Newsprint Presses • Complete Plate & Mail Rooms • Mobile Equipment • Huge Spare Parts Inventories • Complete Maintenance Facilities • Mobile Equipment • Large Qty of Electrical Equipment Including: Sub Stations, Transformers & Teck Cable Offices

Photo Gallery:

Featuring:

Paper Handling
• 2 Rollaload lines
• 4 Stripping Stations With Conveyor System
• 2 Hyster Clamp Trucks
• 18 Egimen Laser Guided Vehicles
• 4 Compactors for Paper Waste

Plate Making – 5 Lines Consisting
• Nela Vision Bender
• Kodak KPG 85/135 Thermal Newspaper CTP
• Kodak Plate Loader
• Kodak Plate Processor

Pressroom
• 6 Manroland Colorman Presses
• Solvent Reclaim System
• Ink Reclaim System
• Baldwin Blanket Washers
• Ferag SCC Gripper Conveyor
• Ink Room
• Prima Control System
• Tolerans Saddle Stitcher
• EAE Reelstand Controls
• 6 - Semler Industries Fountain Solution Systems

Mailing Room
• 29 Dynaric 301 Strapper
• 23 Quipp 501C Statckers
• 24 Bundle Palletizers/Sheet Dispenser/Stretch Wrapper/Skid Dispenser
• 6 AM Graphics NP630 Inserters – 20 Hoppers
• 6 Ferag Transfer Stations, End Stations, Booster Drive
• 41 AM Graphic Hopper Loaders
• 19 Power Strap Bailout Conveyors
• 26 Quipp Viper Under Wrapper
• 49 Presto Skid Lifter
• 29 Laser Guided Vehicles (Edgemin Hardware)
• Plastic Wrap Bailer
• 87 FMC Syntron Jogger Tables
• 18 Ferag Stacker Infeed Assemblies
• 6 Sweed Strap Choppers

Lift Truck Fleet
• 9 - BT LT 2000E Paper Roll
• BT LT 2200
• 3 - BT RC 30
• 1 - BT RCX35
• 26 - BT LSF 1250E
• Carney High Frequency Battery Charging System
• Battery Tugger

Electrical
• Electrical Distribution
• Substations
• Cabling and Wiring, etc.

Complete Ink Supply System; Maintenance Department; Kitchen Supplies; Communication System, etc..

In Conjunction With TCL Asset Group & Maynards Industries

Registration Info:

INSTRUCTIONS TO BID
BIDDERS MUST AGREE TO ALL TERMS & CONDITIONS
ONSITE & INTERNET BIDDERS
All internet bidders must register for this auction at least 72-HOURS PRIOR TO SALE DATE.
DEPOSIT REQUIREMENTS FOR ONSITE BIDDERS:
IF YOU ARE BIDDING ON-SITE PLEASE DO NOT REGISTER ONLINE!!
Registration is available onsite the day of the sale. ***All onsite bidders must provide 25% of approximate bid amount which will allow a buyer to spend 4 times the deposited amount the day of the sale. $500 cash minimum is required which will only allow a maximum spending amount of $2,000. Acceptable forms of payment for ON-SITE are via:

1. Cash

2. Wire Transfer: Please Note - All wire transfers payments must include an additional $30 domestic & $45 international wire transfer fee - incoming & outgoing

3. Cashier's Check: Made out to Biditup Auctions Worldwide, Inc.

4. Blank Company/Corporate Checks: For deposit only with valid driver's license, matching business card & BANK LETTER OF GUARANTEE. Checks will be given back at the end of the sale if buyer is not a successful bidder OR if successful bidding the checks will be returned after BIU receives a cashier's check or wire transfer for final payment.

DEPOSIT REQUIREMENTS FOR ONLINE BIDDERS:
Minimum: $2,500 required which allows a spending limit of $10,000.
If you are planning on spending above $10,000 you will need to deposit 25% of your maximum anticipated spending. (This will allow a spending limit up to 4 times the deposit amount sent)

Example: $5,000 deposit = allows up to $20,000

You will only be allowed to bid up to 4 times your deposit amount so please estimate your deposit accurately. We will restrict any bidding beyond the above.

Forms of payment for deposits accepted online:

1. CASHIER'S CHECK made out to Biditup Auctions Worldwide, Inc. and delivered to our office prior to the sale 11426 Ventura Blvd, 2nd Floor, Studio City, CA 91604

2. WIRE TRANSFER . Please contact our office for current wire information 818.508.7034 or email wire instruction request to reception@biditup.com.

We no longer accept company checks for online bidding with bank letter or credit cards, NO EXCEPTIONS.

Preferred Buyers: **As a courtesy to members of the Machinery Dealers National Association (MDNA) deposit requirements are waived and verified members will be approved to bid up to $20,000 without deposit. Please provide us with your MDNA number, a copy of your business card, drivers license and email for verification. If planning on bidding over $20,000 please wire transfer the entire amount you anticipate exceeding or you will be prohibited from bidding beyond the $20,000.
Those who do not post the deposit will not be approved. NO EXCEPTIONS! IF YOU
ARE SHORT ON THE DEPOSIT, YOU WILL NOT BE ALLOWED TO BID
ALL DEPOSIT REFUNDS WILL BE RETURNED IN THE SAME METHOD OF DEPOSIT THAT WAS RECEIVED, WITHIN 5-7 BUSINESS DAYS.
PLEASE EMAIL WIRETRANSFER@BIDITUP.COM FOR WIRE TRANSFER INFORMATION.
There is a $30 incoming wire fee and $45 outgoing wire fee applied to final payments only.
PROXY BIDDERS
All proxy bidders must register for this auction at least 48-HOURS PRIOR TO SALE DATE.
All proxy bidders must post a 25% deposit of your planned spending budget in the form of a WIRE TRANSFER, ACH or Cashier's Check made out to BIDITUP AUCTIONS WORLDWIDE, INC. with a $2,500 MINIMUM DEPOSIT in order to be approved to bid.
Those who do not post the deposit will not be approved. NO EXCEPTIONS!
PLEASE EMAIL WIRETRANSFER@BIDITUP.COM FOR WIRE TRANSFER INFORMATION.

Payment Info:

* All Items Subject to Seller's Acceptance of Online Bids *

BUYER'S PREMIUM

ONLINE: 18%
ONSITE: 18%

***Please fax resale certificates to Biditup Auctions (818.508.3025) prior to bidding.***

Acceptable Payment Methods:
1. Cash
2. Cashier's Check
3. Wire Transfer

Auctioneer must approve all payment methods prior to bidding. The Auctioneer reserves the right to determine the validity of all cashier checks and letters of guarantee.

PLEASE NOTE: WE DO NOT ACCEPT CREDIT CARD PAYMENTS. NO EXCEPTIONS!

Removal Info:

  • Removal dates: TBA
  • Removal times 8:00 AM - 4:00 PM Monday through Friday.
  • No items released until payment is received in full.

Please note: BidItUp is not affiliated with any machinery rigging, transport or export company. The names and contact information of available companies are provided solely as a courtesy to our buyers. BidItUp does not endorse or guarantee the services of any machinery rigging, transport or export company, and cannot be held responsible for any damage or other problems incurred as a result of the actions of those companies. We encourage buyers to employ the service provider of their choice, provided they can supply BidItUp with the required forms and insurance certificates.