Location: 28-1A Otis Street West Babylon, New York (Long Island), 11704
Online Sale Starts Closing At:
Inspection: Monday, May 15th From 8:00AM to 4:00PM

Enter Online Auction

CNC LATHES
DAEWOOD “PUMA-200LB”, TAILSTOCK, 12-POSITION TURRET, PART CONVEYOR, TOOL PRE-SETTER, COLLET NOSE, FANUC 21-T CONTROL, S/N: PM200834 (1998)

HAAS SL-10, 12-POSITION TURRET, COLLET NOSE, CHIP AUGER, TAILSTOCK, S/N: 64952 (2002)

OKUMA LNC-80 “BIG BORE”, TAILSTOCK, 12-POSITION TURRET, PART CATCHER, S/N: 0705C904

OKUMA “CROWN 7625”, TAILSTOCK, HARDINGE COLLET NOSE, 12-POSITION TURRET, TAILSTOCK, MIST COLLECTOR, OSP700L CONTROL, S/N: 09090191

VERTICAL MACHINING CENTERS
HAAS VF-2, 20HP VECTOR DUAL DRIVE, RIDGID TAPPING, 20-POSITION TOOL CHANGER, 14” X 36” TABLE, CAT #40 TAPER, COOLANT, 1000 IPM, S/N: 1069970 (2008)

HAAS “MINIMILL”, 12” X 29” TABLE, RIDGID TAPPING, 10-POSITION AUTOMATIC TOOL CHANGER, S/N: 22660 (2000)

*ALSO AVAILABLE: HAAS MDL. SHA-5CB 4TH AXIS INDEXER, S/N: 510882

LATHE & CHUCKER
HARDINGE MDL. HC HAND CHUCKER, 8-POSITION TURRET, DRAW BAR, CARRIAGE POWERFEED, POSITION STOP, LEVER SPEED CHANGE, S/N: 2729RD

16” X 40” TOS MDL. SN-40 GAP-BED LATHE, CAMLOCK SPINDLE, 24 SPINDLE SPEED, 22.4 – 2000 RPM, APPROXIMATELY 24” SWING THRU GAP, INCH/METRIC THREADING, S/N: 40105809

MANUAL MILLING MACHINES
LAGUN MDL. F-900 HORIZONTAL KNEE-TYPE MILL, 6 5/8” X 25 ½” TABLE, ARBOR SUPPORT, HANDFEED, PNEUMATIC FEED MECHANISM, COOLANT

BRIDGEPORT “SERIES I” 2HP KNEE-TYPE VERTICAL MILL, 9” X 48” POWERFEED TABLE, 60-4200 VARI-SPEED RPM, R8 SPINDLE, S/N: 12BR-197609

PRECISION SWISS LATHES
8” X 18” SCHAUBLIN MDL. 102-80, COMPOUND, 12 SPINDLE SPEEDS, 250-3600 RPM, S/N: 125809

8” X 18” HABEGGER, 5C HEADSTOCK, COMPOUND

8” X 14” NEOTOR SWISS, COMPOUND, 5C COLLET HEADSTOCK

*ALSO AVAILABLE: SWISS RELATED ACCESSORIES, INCLUDING W-20 COLLET HEADSTOCK, COMPOUNDS, PRODUCTION CROSS-SLIDE, DRAWBAR, TURRET ATTACHMENT, COLLETS, TOOLPOSTS, ETC

SAWS
13” X 14” HEM MDL. H90A-B/F AUTOMATIC HORIZONTAL BANDSAW, 1” BLADE, 3HP, SHUTTLE FEED, POWER CLAMPING, PARTS COUNTER, S/N: 523296

14” DELTA VERTICAL BANDSAW, 14” X 14” TABLE, SINGLE PHASE, S/N: 26-2852

GRINDERS, ASSORTED
6” X 12” BOYAR SCHULTZ “612” HANDFEED SURFACE GRINDER, 6” X 12” PERMANENT MAGNETIC CHUCK, WORK LIGHT, S/N: 13488

DAREX MDL. M1 DRILL GRINDER, 1/16” – 3/4″, 1/4HP, 3450 RPM, SINGLE PHASE, S/N: 1515

6” COLUMBIA 1/2HP DOUBLE END BENCH GRINDER, SINGLE PHASE

6” CRAFTSMAN TYPE SR12E DOUBLE END BENCH GRINDER, 1/4HP, SINGLE PHASE

HANDYMAN TYPE 56HA DOUBLE END BENCH BUFFER, 1/4HP, SINGLE PHASE

6” BALDOR MDL. 500 DOUBLE END CARBIDE BENCH GRINDER, SINGLE PHASE, S/N: 865

MISCELLANEOUS MACHINERY
(2) CHICAGO ELECTRIC 120V VIBRATORY BOWL DERUNNER UNITS, 12” DIAMETER, BENCH-TYPE

ULTRA VIBE-45 THUMBLER TUMBLER SINGLE PHASE BENCH TYPE VIBRATORY

11” DELTA ROCKWELL BENCH DRILL, SINGLE PHASE, S/N: 1419

8” BENCH DRILL, SINGLE PHASE

6” X 12” POWERMATIC MDL. 300 COMBINATION BELT & DISC SANDER, S/N: 4-4078-3

7” SIGOURNEY SENSITIVE BENCH DRILL, S/N: M-100-991

15” CLAUSING MDL. 165C BENCH TYPE DRILL, 10 SPINDLE SPEED, SINGLE PHASE, 26-5400 RPM

15” WALKER TURNER BENCH TYPE DRILL, SINGLE PHASE

GENERAC MDL. GP550 GENERATOR

HITECH SELECT 80 MARK I BATTERY CHANGE

INSPECTION
BROWN & SHARPE “GAGE 2000” COORDINATE MEASURING MACHINE, RENISHAW TP-ES PROBE, 21 ½” X 29” DRILLED & TAPPED GRANITE TABLE, APPROXIMATELY 19” Z, S/N: 09481557

*ALSO AVAILABLE: UNITRON MICROSCOPE, DIAL INDICATORS, INDICATOR STANDS, HEIGHT STANDS, MICROMETERS, SUNDSTRAND BENCH CENTER, GRANITE SURFACE PLATES, JO-BLOCKS, PIN GAGE SETS, PLUG GAGES, VERNIERS, CALIPERS, THREAD RING GAGES, DEPTH MICS, THREAD MICS, GROOVE MICS, ETC.

MATERIAL HANDLING
BIG JOE MDL. PDH-30-100 WALK BEHIND ELECTRIC LIFT, 106” REACH, S/N: 91159

PRESTO WALK-BEHIND ELECTRIC DIE LIFT

AIR COMPRESSOR & DRYER
5HP GARDNER DENVER MDL. EL099 ROTARY SCREW TYPE AIR COMPRESSOR, DIGITAL TOUCH CONTROL, 125 PSIG, S/N: D051175 (2007)

CURTIS VERTICAL TANK MOUNTED AIR COMPRESSOR, PISTON TYPE, 3” BORE, S/N: C50-38-5846 (NO MOTOR)

ARROW AIR DRYER

MISCELLANEOUS SHOP SUPPORT & TOOLING
KURT VISE & MILLING VISES, C-CLAMPS, INDEXERS, ANGLE PLATES, 5C & R8 COLLETS, CAT #40 TAPER TOOLING, TAPPING HEADS, SCREEN BASKETS, CRITERION BORING HEADS, SPLIT COLLETS, TAPS & TAPPING HANDLES, 8” KITAGAWA CHUCK, 10” NORTHFIELD CHUCK, 6” NORTHFIELD CHUCK, RIKEN COLLET NOSE, RIKEN SPLIT COLLETS, BORING BARS, LARGE QUANTITY OF CARBIDE TIPS, DRILL BOXES, INDEXERS, AIR CHUCKS, LISTA 9-DRAWER CABINET, 10-TON H-FRAME PRESS, #2 FAMCO ARBOR PRESS, STEEL CABINETS, WORK BENCHES, ROLLING CARTS, METAL STOOLS, 4” REED #204-R BENCH VISE, BOTTLE JACKS, DRILL BITS, TAPS, PLUS MUCH MORE!!

Buyers Premium: 15%
Sales Tax: 8.625%
Last Day of Removal: Friday, May 26th, 2017

Buyers Premium: 15%
Sales Tax: 8.625%
Last Day of Removal: Friday, May 26th, 2017

Not Available

T E R M S O F S A L E

NOTICE: All Bidders and other persons attending this sale agree that they have read and have full knowledge of these terms and agree to be bound thereby.
Posted Payment Due Date: Wednesday, May 16th 2017
Posted Last Day of Removal: Friday, May 26th 2017
BUYER INFORMATION: Each potential Buyer represents, warrants and certifies that it has provided (i) its full and accurate legal name and business address, and the full and accurate legal name and address of Buyer’s representative(s) attending and/or participating in the sale event of the Property, and (ii) the citizenship status of Buyer and its representative(s) and any foreign interest of Buyer or its representative(s)
DEPOSIT: Koster Industries Inc. Reserves the right to require a deposit upon registration including credit card deposits and holds on the credit card for a minimum of $500.00 USD. All deposits are refundable.
PAYMENTS: All payments must be made in the form of Cash, Company Check – up to $1,000, Certified Funds over $1,000, Money Order, and Credit Cards with a 3% Processing charge. Koster Industries Inc. reserves the right to charge any buyers credit card for purchases made at the sale including all fees associated with if there is no communication between buyer and Koster Industries Inc. We will make multiple attempts to contact buyer then have the right to charge credit card associated with account.
Manor of payment are to be made out to Koster Industries Inc. Payments are due upon posted time of payment, any payments over the period of one week with no communication between buyer and auctioneer could be considered abandoned and Koster Industries Inc. Will reserve the right to re-sell any and all lots purchased.
Buyer Beware: “THE BUYER ALONE IS RESPONSIBLE FOR CHECKING THE QUALITY AND SUITABILITY OF GOODS BEFORE A PURCAHSE IS MADE”. Koster Industries Inc. makes no representations, warranties, promises, covenants or guarantees, expressed or implied, as to defects in or the completeness or accuracy of the description in any advertising of any item(s) being auctioned and is not responsible for any advertising discrepancies, descriptions, nomenclature or inaccuracies of any kind. ALL ITEMS ARE SOLD ON “AS IS, WHERE IS” BASIS AND WITH ALL FAULTS WITHOUT EXCEPTION AND WITH REMOVAL AT BUYERS SOLE RISK AND EXPENSE. THE AUCTIONEER MAKES NO REPRESENTATIONS, WARRANTIES, PROMISES, COVENANTS OR GUARANTEES OF ANY KIND, EXPRESSED OR IMPLIED, AS TO THE NATURE, QUALITY, DURABILITY, CAPABILITY, FUNCTION, PERFORMANCE, VALUE OR CONDITION OF THE ITEM(S) BEING AUCTIONED OR ITS (THEIR) SUITABILITY FOR ANY USE. THE AUCTIONEER EXPRESSLY AND SPECIFICALLY DISCLAIM, WITHOUT LIMITATION, ANY WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE.

REMOVAL: All purchases must be removed not later than Posted Removal Time. No lot can, on any account, be removed during the sale. Removal shall be at the expense, risk and liability of the purchaser. Purchases will be delivered only on presentation of paid bill. The Auctioneer shall not be responsible for goods not removed within the time allowed, but shall have the option to remove and store at the expense and risk of the purchaser any article purchased, but not paid for and removal of any of the goods. A storage charge of $750.00 USD will be applied to anyone who does not remove within the posted time limit without prior permission from our office. for insurance reasons Koster Industries Inc. does not supply any material handling devises or equipment including but not limited to forklift trucks, cranes, pallet jacks, hand trucks, Etc. We require valid insurance from all people who work inside the facility including all machinery movers, erectors, millwrights, or any buyer operating equipment or dismantling / moving machinery - NO EXCEMPTIONS.
Koster Industries Inc. does not pack, ship crate, transport or rig any items, we provide riggers / pack & ship companies information on our website as a courtesy, they are 3rd party contactors, Koster Industries is not responsible for rigging charges, damages, Etc. We must be supplied with an insurance certificate naming Koster Industries Inc. as additionally insured for all machinery movers or anyone operating equipment within the building - NO EXCEPTIONS

RESPONSIBILITY FOR NON-DELIVERY: The Auctioneer shall not, in any event, be liable for non-delivery of for any other matter or thing, to any purchaser of any lot, other than for the return to the purchaser of the deposit or sum paid on said lot, should the purchaser be entitled thereto.
CLAIMS: No claims will be allowed after removal of goods from premises.
SAFETY DEVICES: Articles purchased may not incorporate approved activating mechanisms, operating safety devices or safety guards, as required by OSHA or otherwise. It is purchaser’s responsibility that articles purchased be so equipped and safeguarded to meet OSHA and any other requirements before placing such articles into operation.
INDEMNIFICATION: Purchaser agrees to indemnify and hold the Auctioneer harmless from and against all claims and liabilities relating to the condition or use of the articles purchased or failure of user to follow instructions, warnings or recommendations of the manufacturer, or to comply with federal, state and local laws applicable to such articles, including OSHA requirements, or for proximate or consequential damages, costs or legal expenses arising therefrom.
COMPLIANCE WITH LAWS. Buyer shall comply with all U.S. export control laws and regulations. The Property sold under the Transaction Documents may be subject to the provisions of Export Administration Act of 1979 and the Export Administration Regulations promulgated thereunder, the Arms Export Control Act and the International Traffic in Arms Regulations, and the sanctions laws administered by the Office of Foreign Assets Control. Buyer acknowledges that these statues and regulations impose restrictions on import, export and transfer to third countries of commodities and related data, and that licenses from the U.S. Department of Commerce or U.S. Department of State may be required before such commodities or data can be transferred, and that such licenses may impose further restrictions on use and further transfer of such commodities and data. Buyer agrees (i) to notify Seller prior to any transfer of Property (including goods, commodities or data) purchased under the Transaction Documents to any parties outside of the United States, (ii) to provide an end-use certificate and a certification that the Property (including goods, commodities and data) purchased under the Transaction Documents will not be transferred to any end-user or for any end-use that is prohibited by U. S. law, (iii) to provide proof of any required U. S. Automated Export System (AES) filing prior to export of any Property (including goods, commodities or data) purchased under the Transaction Documents, and (iv) that Seller reserves the right to cancel any sale at any time in the event it determines, in its sole discretion, that any transaction arising out of the Transaction Documents does or may violate applicable U.S. export control or similar laws.
COMPLIANCE WITH TERMS OF SALE: In default of payment of bills in full within the time therein specified, the auctioneer in addition to all other remedies allowed by law, may retain all monies received as deposit or otherwise, as liquidated damages. Lots not paid for and removed within the time allowed herein may be resold at public or private sale without further notice, and any deficiency, together with all expenses and charges of re-sale, will be charged to the defaulting purchaser. The execution, interpretation and performance of the Transaction Documents shall be governed by, and construed in accordance with,
the laws of the State of New York (without regard to its conflicts of law provisions). THE PARTIES HEREBY WAIVE THE RIGHT TO A JURY TRIAL IN ANY DISPUTE OF ANY CLAIM OR CAUSE OF ACTION BASED UPON OR ARISING OUT OF, DIRECTLY OR INDIRECTLY, THE TRANSACTION DOCUMENTS, ANY OF THE RELATED DOCUMENTS, ANY DEALINGS BETWEEN SELLER AND BUYER RELATING TO THE SUBJECT MATTER HEREOF OR THEREOF, AND/OR THE RELATIONSHIP THAT IS BEING ESTABLISHED BETWEEN SELLER AND BUYER.
RISK TO PERSON AND PROPERTY: Persons attending during exhibition, sale or removal of goods assume all risks of damage of or loss to person and property and specifically release the auctioneer from liability therefore. Neither the Auctioneer nor his principal shall be liable by reason of any defect in or condition of the premises on which the sale is held.

ADDITION TO OR WITHDRAWAL FROM SALE: The auctioneer reserves the right to withdraw from sale any of the property listed or to sell at this sale property not listed, and also reserves the right to group one or more lots into one or more selling lots or to subdivide into two or more selling lots. Whenever the best interest of the seller will be served, the auctioneer reserves the right to sell all the property listed, in bulk.

SALE BY ESTIMATED WEIGHT, COUNT OR MEASURE: Where items are sold by estimated weight, count or measure, the purchaser will be billed for and required to pay for the estimated weight, count or measure. If, upon delivery, any shortage exists, the purchaser will receive a refund at the rate of purchase. If there be an excess, the purchaser will be required to take and pay for such excess, at the rate of purchase.

DISPUTE BETWEEN BIDDERS: If any dispute arises between two or more bidders, the auctioneer may decide the same or put the lot up for sale again at once, and resell to the highest bidder. The auctioneer’s decision shall be final and absolute.

RESERVE: The auctioneer reserves the right to reject any and all bids. On lots upon which there is a reserve, the auctioneer shall have the right to bid on behalf of the Seller.

RECORDS: The record of sale kept by the auctioneer and bookkeeper will be taken as final in the event of any dispute.

AGENCY: The auctioneer is acting as agent only and is not responsible for the acts of its principals.

SALES TAX: Purchaser shall also pay all applicable sales or use taxes imposed by all taxing authorities on such transaction unless purchaser shall present a resale certificate, certificate of exemption or the like, exempting the purchaser and auctioneer from the payment of any such sales and use taxes.

BANKRUPTCY: If at any time prior to payment in full, purchaser files a petition in bankruptcy or for other similar protection from creditors, or an involuntary petition in bankruptcy or other similar proceeding is filed against purchaser, then, at the option of the auctioneer, the sale may be voided.

ADDITIONAL TERMS AND CONDITIONS: The auctioneer may add other terms and conditions of sale, such additional terms and conditions to be announced prior to the auction.





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