Live On-site and Global Webcast Auction

3 DAY AUCTION – DAY 1: PURE METAL RECYCLING - ONE OF THE LARGEST EVER METAL RECYCLING AUCTIONS, OVER 5000 LOTS, 15 MILLION EVALUATION

Auction Info

Lots 1A - 400 Are Located At: 2 Genstar Ln, Joliet, IL 60403
Lots 1000 - 1393 Are Located At: 1420 S. Walnut St, South Bend, IN 46619
Lots 2000 - 3750 Are Located At: 13500 S. Mozart, Blue Island, IL 60406
Lots 4000 - 5047 Are Located At: 3357 S. Justine St, Chicago, IL 60608 (Unless Already Notated In Lot Description)
Lots 6104 - 6169 Are Located At: 1255 Gifford Rd, Elgin Il, 60120

REGARDING VEHICLES
All Vehicles & Trailers That Require A Title Will Be Charged A $75 Title Transfer Fee. Titles Will Be Sent To Buyers Approximately 7-10 Business Days After Receipt Of Payment.

Tax Will NOT Be Charged On Vehicles, Tax Must Be Remitted By Buyers To The Appropriate Illinois/State DMV's And Applicable Agencies.

Buyer Is Responsible For Any And All DMV Fees Including But Not Limited To Tax, Registration, Licensing, Smog Fees Etc.

All Vehicles Are Sold AS IS, WHERE IS. No Warranties Expressed Or Implied. It Is The Buyer's Responsibility To Inspect The Vehicle To Verify Accurate Description, Model, Year, Mileage, Condition And Any And All Details Pertaining To Vehicle. Seller Is Not Responsible For Inaccuracies Of Any Kind Including Title Transfer Issues That May Arise.

Buyer's Will Sign A Seller's Report Of Sale VSD 703 Before Picking Up Vehicles Purchased.

Sample Assets Across All Three Sales:
PROCESSING: (45) Cat/Liebherr/Komatsu Material Handling Excavators; Large Qty of Spare Shears/Magnets/Grapples; Ferrous and Non-Ferrous Processing Equipment as new as 2008: (10) Rice Lake/ Weightronix/Toledo Load Beam Scales to 120,000 Lbs Capacity, Radiation Detection Systems/Platform, 4 X4 and Lugger Scales & More

TRANSPORTATION: (45) Mack/Ford Roll-Off Trucks to 2012; (40) Mack/ Ford/International Lugger Trucks to 2012; (35) Mack Freightliner/Ford Truck Tractors to 2009; (40) Dump/ Water/Yard Trucks; (25) Service And Pick-Up Trucks & More

YARD SUPPORT: (30) Forklifts 5-50,000 Lbs Capacity to 2008; (10) Cat/Komatsu Rubber Tired Loaders to 2009; (10) - Cat/Bobcat Skid Steer Loaders to 2007 & More


Terms & Conditions

Auction Dates

Starts
Wednesday, April 13, 2016 - 9:00am (CDT)

Auction Type

Live On-site and Global Webcast Auction

Location

This Auction Will Be Conducted Theater-Style At The Chicago Marriott Midway Hotel, 6520 S Cicero Ave, Chicago, IL 60638. Assets For This Day Are Located At: Two Genstar Lane, Joliet, IL 60435 & 1420 S. Walnut Street, South Bend, IN 46619

Description

3 DAY AUCTION – DAY 1: PURE METAL RECYCLING - ONE OF THE LARGEST EVER METAL RECYCLING AUCTIONS, OVER 5000 LOTS, 15 MILL. EVALUATION

Featuring

INVENTORY JUST ADDED:
SHEARS:
24" Hill Acme Mdl: 22 A Alligator Shear, Air Clutch & Brake, Air Vertical Material Clamp, Electric Foot Pedal, Horsepower: 10, Location: Los Angeles, CA
8" x 1/4" Flats Buffalo Mdl: 10BS Bar Shear, S/N 51Y – 8894, 3 7/8" Rounds, 3 1/2" Squares, 8" x 3/4" Angles, 12" x 31 1/2# Beams, Horsepower: 15, Location: Holland, OH

BAILING SYSTEMS:
24" x 24" Sicma Gerrard Ocillating Wire Bailing System, 7" Rolled Wire Discharge Port, Door Safety Interlock Switches, Horsepower: 4, Location: Los Angeles, CA
30" x 60" x 51" GPI Mdl: M60 STD Hydraulic Baler, S/N 60277 STD, 1,100 Lbs. Bale Weight, Hydraulic Bale Ejector, Tying Wire Or Banding, Horsepower: 10, Location: Painesville, OH

BENDER:
100-Ton Bull Hydraulic Bar Bender, 15 1/2" Max. Opening, 10" Ram Stroke, 56" x 61" Bed Size, Horsepower: 7 1/2, Location: Los Angeles, CA

COMPACTOR:
50 Gallon Ram Flat Mdl: 55 ARHY Drum Compactor, S/N 55339, 50" x 32" Chamber Size, 27" Door Opening, Adjustable Compaction Pressure, Interlocked Safety Chamber Door, Horsepower: 10, Location: Los Angeles, CA

CHIP WRINGER:
30" Delava Chip Wringer, S/N 69-493, 1,050 RPM, Horsepower: 5, Location: Los Angeles, CA

GANTRY CRANES:
40-Ton Drott Mdl: M7901-800AC Straddle Mobile Gantry Cranes;S/N 5032, 40' Span, 25' 10" Under Hook, 454 Detroit Engine, Rear Wheel 90 Degree Pivot Acumen Steering, Rear Wheel Drive, Location: Oklahoma City, OK
40-Ton Drott/MI-Jack Mdl: Travelift 800 Straddle Mobile Gantry Crane, Crane, S/N 5032, 40' Span, 25' 10" Under Hook, 454 Detroit Engine, Rear Wheel 90 Degree Pivot Acumen Steering, Rear Wheel Drive, Location: Oklahoma City, OK
40-Ton Drott/MI-Jack Mdl: M7901-800AC Straddle Mobile Gantry Crane, S/N 6211685, 40' Span, 25' 10" Under Hook, 454 Detroit Engine, Rear Wheel 90 Degree Pivot Acumen Steering, Rear Wheel Drive, Location: Oklahoma City, OK

Sample Assets Across All Three Sales:
PROCESSING
• (45) Cat/Liebherr/Komatsu Material Handling Excavators W/ Shears/ Magnets/ Grapples to 2010
• Large Qty of Spare Shears/Magnets/Grapples
• Ferrous & Non-Ferrous Processing Equipment As New As 2008: Granutech Saturn 96-50 Shredder/(2) Sierra Idromec Shear-Balers/920 Mac 5200 Shear Balers/Galland Henning 3800 Tripple Compression Baler
• (10) Rice Lake/Weightronix/Toledo Load Beam Scales to 120,000 Lbs Capacity, Radiation Detection Systems/ Platform, 4 X 4 & Lugger Scales
• Over (2,000) Roll-Off Bins, Lugger Boxes, Pallet Boxes & Self-Dump Hoppers/ Hyd. Compactor Boxes
• (2) Cut-To-Length Steel Processing Lines/Large Machining & Fabrication Facilities/Huge Maintenance & Stores Facilities

TRANSPORTATION
(45) Mack/Ford Roll-Off Trucks to 2012
(40) Mack/Ford/International Lugger Trucks to 2011
(35) Mack/Freightliner/Ford Truck Tractors to 2009
• (40) Dump/Water/Yard Trucks
• (25) Service And Pick-Up Trucks
(50) Galbreath, Ace, Stinger Roll-Off Trailers to 2012
(30) Clement/Dierzen/Coras Dump Trailers to 2012
• (80) High Side & Low Side Gondola Trailers
• (50) Dry Van & Flatdeck Trailers

YARD SUPPORT
(30) Forklifts 5-50,0000 Lbs Capacity to 2008
(10) Cat/Komatsu Rubber Tired Loaders to 2009
(10) Cat/Bobcat Skid Steer Loaders to 2007
• Office & Yard Trailers
• Portable & Stationary Compressors/Light Towers/Bridge Cranes/Power Washers/Shop Tools & Support

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. $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.