If you are unable to attend an auction, Koster Industries can bid on your behalf
Tue, December 12th 2017 1:00 P.M. EST
3 Kulick Road Fairfield, NJ 07006
Monday, December 11th from 8am to 4pm
CNC TURRET PUNCHES
33 Ton Strippit LVD Mdl. 1500H/301.5M 40-Station CNC Turret Punch, with  auto indexing stations, 72” x 123” brush table,  sheet clamps, 60” x 100” thin turret with repositioning, hydraulic unit, Fanuc / GE 180i-P control, S/N: 049090400 (2000)
33 Ton Strippit Mdl. FC-1000-III CNC Turret Punch, with 7’ x 7’ ball transfer table, 33-station turret, standard work size 39.37” x 48”, sheet loader unit, HECC 80/3 controls, S/N: 179/210052485 (1985)
*Cabinets with Large Quantity of Punches & Dies!!
RIGHT ANGLE SHEAR
Strippit “Blanking Center” Right Angle Shear, with sheet loader, 100” x 132” ball transfer table, sheet holddown, HECC 80/3 controls, S/N: 013052385 (1985)
PRESS BRAKES, including CNC
230 Ton x 12’ Cincinnati Mdl. 230CBX10 Press Brake, hydraulic, with 10” stroke, die rail, 126-1/2” between housing, Hurco Autobend 7 CNC back gauge, S/N: 42935
135 Ton x 12’ Cincinnati Series 5 “Auto-Cycle” Press Brake, with 2’ horn, 12’ overall bed length, 102” between housing, air clutch, motorized ram adjustment, Autobend IV CNC back gauge
55 Ton x 8’ DiAcro “Hydra-Power” Mdl. 55-8 Press Brake, with CNC back gauging system, 80” between housings, foot switch, S/N: 6551253214
25 Ton x 8’ Chicago D&K Press Brake, with front operated manual back gauge, motorized ram adjustment, die rail, S/N: N/A
10ga. x 10’ Cincinnati Mdl. 1010 Auto-Shear, with 6’ squaring arm,  front supports, 48” front operated power back gauge, 7” gap, back sheet conveyor,  probes
12ga. x 52” Wysong Mdl. 1252 Shear, with front operated manual back gauge,  front supports, 6’ squaring arm, S/N: P13-1336
8 Ton Haeger Mdl. 824-1H-60 Insertion Press, with modular automatic vibratory feed, digital counter, 24” throat, S/N: 08H00555 (1998)
5 Ton Pemserter Insertion Press, with foot pedal vibratory feed, touch-o-matic safety device, S/N: BB-624
BELT GRINDERS / SANDERS
9” Timesaver Mdl. 948 “Mini-Belt” Belt Grinder / Sander, 5HP, with dust collector, S/N: 6092-15
36” Timesaver Mdl. 137-HDM Belt Grinder / Sander, with CAT Mdl. C-5 Wet-Type dust collector, S/N: 11491
SINGLE END PUNCH
30 Ton Strippit “Super 30” Single End Punch, with  die holders, S/N: 41491764
*Large Assortment of Puunches and Dies
SAWS, all types
10” x 16” Wilton Mdl. 3521 Horizontal / Vertical Bandsaw, 1/2HP
Startrite Mdl. GF-325 Cold Saw, with 3 / 2.2kw motor, mitre cut, 12” diameter wheel, clamping, S/N: N/A
5” Delta Abrasive Cutoff Saw, with mitre cut, 12” diameter wheel
10” Sears / Craftsman Direct Drive 2HP Table Saw
100-KVA (approximately) Thomson Mdl. 302A Press-Type Spot Welder, with 40” throat, interlock resistance welding controller
75-KVA Taylor Winfield Mdl. M-24-4 Spot Welder, with 26” throat, S/N: 45398
55-KVA Tecna Spot Welder, with 16” throat, Coolmate chiller, TE-90 Mark II control, S/N: 105-10/14 (2014)
30-KVA American Mdl. KR18A Spot Welder, with weld / squeeze timer, S/N: 6952 (no arms)
30-KVA American Mdl. WB Spot Welder, with 20” throat, S/N: 58270
Miller Syncrowave 250 CC-AC/DC Welding Power Source, with Coolmate 3 chiller, S/N: KK268037
 300-Amp Miller “Syncrowave 300” AC/DC Gas Tungsten Arc Welders, S/N’s: HG076689; HK320747 [1-with chiller]
Lincoln Mdl. SP-170T Arc Welder
Lincoln “Wire-Matic 255” Constant Voltage AC Welder
Linde Mdl. VI-252 Power Supply, with wire feed
Lincoln Bullet-Type 250AM Welder
20” Clausing Mdl. 2286 Floor Type Drill Press, vari-speed, with t-slotted table, 1.5HP, 150-2000 RPM
18” Floor Type Drill Press, 1/2HP
15” Rockwell Floor Type Drill Press, single phase
15” Clausing Mdl. 1676 Floor Type Drill Press, with  spindle speeds, 260-5400 RPM, single phase
15” Walker Turner Floor Type Drill Press, single phase
12” x 36” Clausing Mdl. 6329 Lathe, with quick acting draw bar, 43-1300 RPM, threading dial, S/N: 2-5639
Westbury Vertical Knee-Type Mill, with 9” x 42” hand feed table,  spindle speeds, 80-2713 RPM, R8 spindle, S/N: N/A
6” x 12” Boyar Schultz Mdl. 612 Hand Feed Surface Grinder, with 6” x 12” Walker permanent magnetic chuck, S/N: 12017
SHEET METAL EQUIPMENT
4’ x 12ga. Chicago D&K Mdl. BP-412-6 Box & Pan Brake, S/N: 307499
Hand Shear, Stand
Pexto / Roper Whitney Mdl. 38317 24” Slip Roll, 20ga, S/N: 1234-5-91 & Pexto / Roper Whitney Mdl. 622LR Bender / Crimper, 24ga, S/N: 2-92 [both mounted on common table with  motor drive]
AIR COMPRESSOR & DRYER
15HP Joy “Twistair” Tank Mounted Air Compressor, screw type, S/N: TA-OL5TAN20-L29642
Arrow Mdl. A-250 Air Dryer, S/N: N/A
2500# Clark Mdl. C-25 Propane Forklift Truck, with 153” reach, hard tires, S/N: C25B-1135-2169
Gauer-Type Deburrer Unit, motorized
Burr-Bench Vibratory Deburrer, with 15-1/2” front to back x 20” left to right x 12” deep inside dimensions, rubber lined
Speedy Cut Mdl. ST-V-V2/3 Tapper, table mounted, S/N: KU-1V-2/3-KJ80036
Dake #1 Bench Type Arbor Press
Oswald Flex Shaft Grinder
8” Littell Mdl. 308-6-9PDS 9-Roll Straightener, vari-speed, S/N: 63324-57
6” Delta Rockwell Belt Sander, single phase, S/N: 104-4112
10 Ton Whitney Jensen Deep Throat Back Wheel Punch Press, with mechanical clutch, 24” throat
Strippit Punch & Die Grinder, with 5” 3-jaw chuck [Part #85010-000]
Stanley 1/3HP Double End Pedestal Grinder
#3 DiAcro Tube Bender
16-Station Notching Unit
Cantilever Rack, with 24” arms, 16’ long x approximately 84” high, 2500# load capacity on arms
42” x 108” Adjustable Pallet Racking,  sections
Miscellaneous Shop Support, including: power & pneumatic tools, rolling steel carts, corner notching dies, drill chucks, vises, tapping heads, stamp sets, hand tools, metal storage cabinets, pallet jacks, Multiton M-27-48 pallet jack, drill boxes, bench vises, 2” single phase belt sander, welding accessories, clamps, parts washer, floor fan, tool boxes, hand tools, plus much more!!
Buyer's Premium: 18%
Sales Tax: 0%
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: Tuesday, December 12, 2017
Posted Last Day of Removal: 15 Days from Invoice
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.