Live On-site and Global Webcast Auction

DUE TO PLANT CLOSURE OF AMERICAN GEAR & SUPPLY CO - A COMPLETE GEAR MANUFACTURING FACILITY

Auction Dates:
Starts: Tuesday, April 10, 2018 - 10:00am (CST)
Preview: Monday, April 9tth From 9am To 4pm Or By Appointment.

Auction Type: Live On-site and Global Webcast Auction
Location: 5400 Cedar Crest St, Houston, TX 77087
Description:

DUE TO PLANT CLOSURE OF AMERICAN GEAR & SUPPLY CO - A COMPLETE GEAR MANUFACTURING FACILITY

(6) Fellows Gear Shapers • 2009 HNK Vertical Turning Center • 2014 Haas CNC HMC • 2012 Haas CNC Lathe • 2007 Sun Firm Maxtec CNC Hollow Spindle Flatbed Lathe • Daewoo CNC Horizontal Boring Mill • Daewoo Puma CNC Lathe • (6) G&E Gear Hobbers • (2) G&E Gear Cutters • Gleason Straight Bevel Coniflex Gear Generator • Barber Colman Gear Hobber • Cincinnati VTL • (2) Mitts & Merrill Keyseaters • Carlton Radial Drill • Hill Acme Iron Worker • Lown Power Roll • HTC Press Brake • HTC Shear • Gulfil Press Brake • WA Whitney Duplicator • Cosen Horizontal Band Saw • Leblond Engine Lathe • Leblond Lathe • National Lathe • (2) Gleason Bevel Gear Generator • (3) Fellows Gear Shapers • Lees Bradner Thread Mill • Miller Welders • Bullard Dynamill Horizontal Boring Mill • Bullard VTL • Sundstrand Rotary Surface Grinder • Klingenber & Barber Colman Hob Sharpeners • Nihon Kikai Hobber • Mazak VMC • (5) Clark Forklifts • Stock Steel • Jib Cranes • & Much More

Photo Gallery:

Featuring:

Fellows 88-16 Gear Shaper
Fellows 36-8 Gear Shaper
(4) Fellows 36-6 Gear Shapers
2009 HNK Mdl: 16/20 Vertical Turning Center
2014 Haas EC-1600 HBM CNC HMC
2012 Haas ST-40 CNC Lathe
2007 Sun Firm Maxtec Mdl: CST-42120-12A CNC Hollow Spindle Flatbed Lathe
Daewoo ACE B130T CNC Horizontal Boring Mill
Daewoo Puma 12LC/M520L CNC Lathe
Haas SL-20T CMC Lathe
G&E Mdl: 96-HWD Gear Hobber
G&E Mdl: 84H Gear Hobber
(2) G&E Mdl: 72H Gear Hobber
G&E 48H Gear Hobber
G&E 24H Gear Hobber
(2) G&E GC-44H Gear Cutters
Gleason Mdl: 24A Straight Bevel Coniflex Gear Generator
Barber Colman 16-16 Gear Hobber
Cincinnati Hypro-120 VTL
(2) Mitts & Merrill Keyseaters
Carlton 5' x 13" Radial Drill
Hill Acme Mdl: 5 Iron Worker
Lown 5' Power Roll
HTC 250-Ton x 12' Press Brake
HTC 1/2" x 12' Shear
Gulfil 66-Ton x 6' Press Brake
WA Whitney Mdl: 652-50 Duplicator
Cosen 20" Horizontal Band Saw
Leblond 31" x 243" Engine Lathe
Leblond 48" x 96" Lathe
National LSP 32" x 120" Lathe w/6" Spindle Bore
(2) Gleason Mdl: 12 Bevel Gear Generator
(3) Fellows 645A #6 Gear Shaper
Lees Bradner Mdl: HT Thread Mill
• (5) Various Other Type Engine Lathes
• Various Vertical Mills
• Drill Press
• Band Saws
Miller Welders
Bullard 5" Dynamill Horizontal Boring Mill
Bullard 54" VTL
Sundstrand 17" Rotary Surface Grinder
Klingenber Hob Sharpener
Barber Colman Hob Sharpener
Nihon Kikai Hobber
Mazak AJV-32 VMC
(5) Clark Forklifts Up To 10K Cap
(2) Quincy Air Compressors
• Large Quantity Of Gear Cutters
• Hobbers
• Tool Holders
• Change Gears
• Stock Steel
• Jib Cranes
• & Much More

In Conjunction With 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. Example: $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. Please contact our office for current wire information 818.508.7034 or email wire instruction request to WIRETRANSFER@BIDITUP.COM

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

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 online deposits:

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

2. WIRE TRANSFER .  Please Note - All wire transfers payments must include an additional $30 domestic & $45 international wire transfer fee - incoming & outgoing Please contact our office for current wire information 818.508.7034 or email wire instruction request to WIRETRANSFER@BIDITUP.COM.

We do not accept company checks or credit cards, NO EXCEPTIONS.
 
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.
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 with a $2,500 MINIMUM DEPOSIT in order to be approved to bid.
Please Note - All wire transfers payments must include an additional $30 domestic & $45 international wire transfer fee - incoming & outgoing Please contact our office for current wire information 818.508.7034 or email wire instruction request to WIRETRANSFER@BIDITUP.COM

Payment Info:

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

BUYER'S PREMIUM

ONLINE: 18%
ONSITE: 18%

***Please fax or email resale certificates to Biditup Auctions (818.508.3025), esther@biditup.com prior to bidding.***

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

Auctioneer must approve all payment methods prior to bidding.

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.

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.