Global Webcast Auction

COMPLETE STATE-OF-THE-ART AUTOMOTIVE STEERING ARM AND KNUCKLE MANUFACTURING FACILITY - SAKTHI AUTOMOTIVE GROUP USA

Auction Info

By Order Of The Federal Court Appointed Receiver, Complete State-Of-The-Art Automotive Steering Arm & Knuckle Manufacturing Facility & Its Components, To Be Sold Via Negotiated Sale & Auction Sale Commencing Immediately. Built In 2015 At An Approximate Cost Of $75 Million.
Complete Aluminum Foundry (2017) To Include: CPC Model 1600 Counter Pressure Casting Machines, VJ Technologies, X-Ray Systems, Trim Presses, Fanuc Parts Handling Robots, Band Saws, Foundry Crucibles, Strikowestofen & ALM Melting Furnaces; Chang Jiang Heat Treat Furnaces, Washers.
• (75) 4 & 5 Axis CNC Machining Centers, Including: Large Quantity Of Doosan, Vigel, DMG Mori, Hardinge-Bridgeport & Mori Machining Centers; Over 400 HSK & CAT Tool Holders, Tool Presetters.
• Large Quantity Of Late Model Fanuc Robots
• Full Inspection Room & Multiple Lab Rooms
• General Plant Support Equipment
Real Estate Also Available: 45 Acre Renaissance Zone With Tax Abatement Until 2030. Includes Six Modern Buildings Totaling In Excess Of 600,000 Sq. Ft. Including Modern Offices Building, Manufacturing & Dedicated Warehouse


Terms & Conditions

Auction Dates

TBD - March
Preview: By Appointment Only.


Auction Type

Global Webcast Auction

Location

 6401 W Fort St., Detroit, MI 48209

Description

COMPLETE STATE-OF-THE-ART AUTOMOTIVE STEERING ARM AND KNUCKLE MANUFACTURING FACILITY - SAKTHI AUTOMOTIVE GROUP USA

Featuring

Current Asset List Includes:
Complete Aluminum Foundry (2017) To Include: CPC Model 1600 Counter Pressure Casting Machines, VJ Technologies, X-Ray Systems, Trim Presses, Fanuc Parts Handling Robots, Band Saws, Foundry Crucibles, Strikowestofen & ALM Melting Furnaces; Chang Jiang Heat Treat Furnaces, Washers.

(75) 4 & 5 Axis CNC Machining Centers To 2018 Including: Large Quantity Of 2014-2015 Doosan HP 5100II CNC Horizontal Machining Centers; 2012 Doosan HP 5100 CNC Machining Centers; 2017-2018 Vigel TW660H 5-Axis CNC Horizontal Machining Centers; 2015-2017 Vigel TW500H 5-Axis CNC Horizontal Machining Centers; 2016 Vigel TW400H 5-Axis CNC Horizontal Machining Centers; 2013-2014 DMG Mori NHX5000 CNC Horizontal Machining Centers; (5) 2013 Doosan DNM 650 CNC Horizontal Machining Center; 2015 Doosan Mynx 6500/50 CNC Horizontal Machining Centers; 2012-2013 Hardinge-Bridgeport GX 1300 CNC Vertical Machining Centers; 2013 Mori NHX-4000 CNC Horizontal Machining Centers; Over 400 HSK & CAT Tool Holders, Tool Presetters.

Robots Large Quantity Of Late Model Fanuc Robots Including: 2014-2017 Fanuc R2000ic, Fanuc R2000i & Fanuc R1000iA Parts Handling Robots With R30ic Controllers

Full Inspection Room & Multiple Lab Rooms Including: Large Quantities Of 2016 Hexagon Global Performance 9-12-8 CMM's, 2014-2015 Mitutoyo Crysta-Apexs-9106 CMM's, Wenzel Xorbit CMM, 2018 Zeiss 3D Scanner; MTS Lab Fatigue Testers, Amtek Tensile Testers, Instron Tensile Testers, Leco Polishers, Tool Presetters, Large Quantity Of Micrometers, Calipers, Height Gauges, Gage Blocks Sets.

General Plant Support Equipment To Include: (2) Ingersoll Rand R110 Air Compressors; (2) Gardner Denver 100 HP Air Compressors; Over 10 Forklifts Up To 10,000lb Including: Cat, Toyota, Quantum, Unicom; Broderson Carry Deck Crane, Genie Manlifts; Tool Room With Vertical Mills, Lathes, Bandsaws Drill Presses; 2019 Intersource Chip System, & Much More.

• Real Estate Also Available, To Be Offered By A Real Estate Broker. 45 Acre Renaissance Zone With Tax Abatement Until 2030. Located Adjacent To The New Gordie Howe International Bridge Development. Includes Six Modern Buildings Totaling In Excess Of 600,000 Sq. Ft. Including Modern Offices Building, Manufacturing & Dedicated Warehouse

In Conjunction With Maynards Industries & Robert Levy Associates

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 online deposits:

1. CASHIER'S CHECK made out to Biditup Auctions Worldwide and delivered to our office prior to the sale 2301 Belgrave Ave, Huntington Park, CA 90255

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 SHAWN@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 SHAWN@BIDITUP.COM

Payment Info

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

BUYER'S PREMIUM

ONLINE: 18%

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.