Global Webcast Auction

BY ORDER OF US BANKRUPTCY COURT CASE NO. 15-23527 - MET-TEC INC, LATE MODEL AMADA LASER, PRESS BRAKES, SHEAR & MUCH MORE

Auction Info

2009 Amada Mdl: FO-3015NT CNC Laser Cutting Machine Amada Mdl: HFBO 220-40 CNC Press Brake Amada Mdl: M-3060 Squaring Shear Amada Mdl: RG-50 CNC Press Brake Amada Mdl: Octo-334 Turret Punch • Marvel Series 8 Mark II Vertical Band Saw Millport Vertical Milling Machine • Reid Surface Grinder Pemserter Series 4 Press • Yale 5,000lb Forklift • 2004 Dodge Magnum • Aluminum & Stainless Steel Sheet Metal Inventory • Press Brake Tooling • Welders • Tool Room Equipment • Pallet Racking • Shop Tables & Shop Carts • Fastener Inventory • Office Furniture • & Much More


Terms & Conditions

Auction Dates

Starts
Thursday, March 2, 2017 - 10:00am (EDT)

Auction Type

Global Webcast Auction

Location

150 Nova Ln, Leechburg, PA 15656

Description

BY ORDER OF US BANKRUPTCY COURT CASE NO. 15-23527 - MET-TEC INC, LATE MODEL AMADA LASER, PRESS BRAKES, SHEAR & MUCH MORE

Featuring

2009 Amada 4,000 Watt Laser Cutter, Model: F0-3015NT, SN: 37511796, with 60" X 120" Shuttle Table, Fanuc Laser, Model: AF4000E, Farr Dust Collector, Model: GSP, & Chiller
Amada, 14' 220 Ton Capacity CNC Press Brake, Model: HFBO, SN:HFBO-220-40-H30713, with Operation Control System & Lock Gauge
Amada 10' Shear, Model: M-3060, SN: 3060704, 604PM
Amada CNC Press Brake, Model: RG50, SN: 505538, with 6.5' Table, 15.76" Throat, 3.94" Stroke, 14.58" Open Height
2013 Reliant Powder Coat Curing oven with PowerFlame Burner, Model: 7D 75-PB, Controls Include: Allen Bradley Powerflex 4 VFD, Exhaust Blower & Fans 8ft high x 8ft wide x 20ft long.
2013 Reliant Powder Coat Spray Enclosure w/ HEPA Filtration Upgrade, Internal Lighting System, 8ft high x 12ft wide x 20ft long
Marvel Series 8 Vertical Band Saw, SN: 829175
Yale Sit-Down LP Fork Lift, Model: GLP050GNUAE08, SN: E177B23157U, 4,423 Hours
Amada 30 Ton 8-Station Turret Punch, Model: OCT-34, SN: OH 340004, with FANUC-0 Control GM
Milport Vertical Milling Machine,
Reid No 2 Surface Grinder
• Beach Sander
• 3 Closing & Other Drill Press
Enco Press Brake
Lincoln Square Wave TIG Welder
Linde Welder
Miller Weld Control
Federal Spot Welder
• Rod Oven
• Weld Rod
• Press Brake
• Traveling Pallet Racking
• Celum & S/S Sheet Stock
• Banding Cart
• Tool Boxes
• Shop Carts
• Set Up Table
2005 Dodge Magnum Station Wagon
• & More

In Conjunction With Maynards Industries & Harry Davis & Co.

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 [email protected].

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 [email protected] 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 [email protected] 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.