On-site and Global Webcast Auction

UCC Foreclosure Sale by Order of the Secured Creditor:HYCO METALS & C.A.G. INDUSTRIES, INC.

Auction Dates:
Starts: Thursday, June 24, 2010 - 10:00am (PDT)
Auction Type: On-site and Global Webcast Auction
Location: 13780 Central Avenue Chino, CA 91710
Description: Method of the Sale:

The sale will be offered in Lot 1, the facility equipment in its entirety.

Lot 2, all the equipment will be offered piecemeal.

The higher monetary realization between the two lots will be awarded to the successful bidder or bidders.

Any interested parties interested in bidding for the equipment in its entirety, must submit a deposit in way of a cashier’s check made out to BIDITUP Auctions Worldwide, Inc. or Wire Transfer in the amount of $1 million dollars 24 Hours prior to the sale.

For inquiries pertaining to leasing the facilities premises, please contact Fred Gamm at 1-323-819-6366

A Partial Sample of HVAC Components Made by Hyco
$10 Million Valuation - One of North America’s Largest Coil Processing HVAC Duct Manufacturers

Complete State-of-the-Art Facility of Coil Slitting-Shearing-Processing & HVAC Duct Manufacturing Equipment

Photo Gallery:

Registration Info:

Bidders Must Agree to All Terms & Conditions.


Registration is available onsite. On the day of the sale all purchases must be paid in full or a mandatory 25% deposit is due at time of purchase. PAYMENT IS DUE IN FULL THE FOLLOWING DAY BY NOON.

If you are unable to attend our auction or participate via the internet, please fill out, sign and fax back the BIDITUP Terms and Conditions contract.

A 25% deposit of your total maximum bid(s) will need to be submitted to BIDITUP Auctions Worldwide, Inc. for your proxy bid approval.

If you are using a credit card for your deposit, please fill out, sign and fax the credit card authorization form to our office with the 25% amount of your desired credit limit in the ‘Amount’ box.  See other methods below.

United States and Canadian bidders do NOT need to submit a deposit to bid.

Payment Info:

Buyer’s Premium: A 12.5% Buyer’s Premium Will Be Charged At This Sale.

An Additional 3% Will Be Charged To Internet Bidders.

Acceptable Payment Methods:
1. Cash
2. Cashier’s Check
3. Wire Transfer
3. Corporate check*
4. Personal and company checks*

*Acceptable at the Auctioneer’s sole discretion. Must be accompanied with a bank letter of guarantee from company’s bank guaranteeing unqualified payment to Auctioneer.

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! The credit card authorization form is provided only for proxy bidders and online bidders who need to submit deposits.

Download and complete the appropriate form for Bidder Authorization. Once complete, fax it to 818.508.3025.

  • Credit Card Authorization
  • Bank Letter of Guarantee
  • Terms & Conditions
  • Wire Transfer  Please contact BIDITUP office for wire transfer info.
  • Removal Info:

    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.