An Industrial Assets Company

Global Online Auction

HUGE 2 DAY AUCTION - DAY 1: EQUIPMENT NO LONGER NEEDED IN THE CONTINUING OPERATIONS OF QUALITY DIE SET CORPORATION, FEATURING PRESSES FROM 60 – 125 TON, GRINDER, VERTICAL MILLING MACHINE, TOOL ROOM, UNCOILERS, STRAIGHTENERS & MORE

Auction Info

Johnson 125 Ton Press • FlexoPress 75 Ton Press • (2) Minster 60 Ton Presses • Minster 45 Ton Press • Minster 32 Ton OBI Press • (2) Elox EDM's • Mattison Grinder • (2) Bridgeport Vertical Milling Machines • Tool Room Equipment • Pay Off Reels • Uncoilers • Straighteners • Vibratory Bowls • Conveyor • Quantity of Motors • Burden Carriers • & Much More


Terms & Conditions

Auction Dates

Starts
Tuesday, April 18, 2017 - 10:00am (CDT)
Ends
Tuesday, May 2, 2017 - 10:00am (CDT)

Auction Type

Global Online Auction

Location

600 Water St., Logansport, IN & 902 South Willow St, Flora, IN

Description

HUGE 2 DAY AUCTION - DAY 1: EQUIPMENT NO LONGER NEEDED IN THE CONTINUING OPERATIONS OF QUALITY DIE SET CORPORATION, FEATURING PRESSES FROM 60 – 125 TON, GRINDER, VERTICAL MILLING MACHINE, TOOL ROOM, UNCOILERS, STRAIGHTENERS & MORE

Featuring

Johnson 125 Ton Press
FlexoPress 75 Ton Press
(2) Minster 60 Ton Presses
Minster 45 Ton Press
Minster 32 Ton OBI Press
(2) Elox EDM's
Mattison Grinder
(2) Bridgeport Vertical Milling Machines
• Tool Room Equipment
• Pay Off Reels
• Uncoilers
• Straighteners
• Vibratory Bowls
• Conveyor
• Quantity of Motors
• Burden Carriers
• & 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 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%

***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.