If you are unable to attend an auction, Koster Industries can bid on your behalf
Wed, October 18th 2017 12:00 P.M. EDT
21800 Tungsten Road, Euclid, OH 44117
Monday, October 16 and Tuesday October 17 from 8:00 A.M. to 4:00 P.M.
 Instron Mdl. 1125 Tensile Testers, With Accessories, S/N’s: 6240; 6190
Rigaku Mdl. Zsx Primus Ii X-Ray Flourescent Spectrometer, S/N: Er06110 (2008) [Order #Be57-2051,2000,35A,60Hz]
Eagle III Edax XRF Micro Probe Spectrometer, With PC Controls
Perkin Elmer Optima 4300Dv Optical Emissions Spectrometer, With Poly Science Regulator, S/N: 077N0101902 [Part #N0770443]
Perkin Elmer Mdl. A-Analyst 200 Atomic Absorption Spectrometer, S/N: 20052090501 [Part #B3150070]
Perkin Elmer Mdl. Optima 3000 Spectrometer, S/N: 069N5100301 [Part #N069-0001]
Perkin Elmer Mdl. Optima 5300Dv Optical Emissions Spectrometer, S/N: 077N4086301 [Part #N0770493]
Perkin Elmer Mdl. Lambda 20 UV / Vis Spectrometer, S/N: 101N9111621 (2003) [Part #Buv20200]
Perkin Elmer Sciex Elan 5000 Mass Spectrometer, With Poly Science Regulator, S/N: 258946380
Xds 2000 Scintag Inc. XGEN 4000 X-Ray System, With 12-Position Sample Chamber, Peltier Detection System
Leeds & Northrup Mdl. Microtrac X100 Particle Analyzer With 2 Signal Units
Amray Mdl. 1600 Turbo Scanning Electron Microscope
X-Pert Pro Panalytical X-Ray Diffraction System, S/N: 12Nc94300304601 (2006)
FURNACES & OVENS
Centorr Mdl. LF-22-3000 Vacuum Furnace, 21.7kw S/N: 20869
Lindberg / Blue M Mdl. Mo1490A-1 Oven, With 260°C Max Temperature, S/N: T15P-506222
Leco Mdl. Ef-400 Electrode Furnace, 777-800-500, With TC-436 Leco Nitrogen / Oxygen Determinator, S/N: 3757
Leco Mdl. Cs-444 Carbon / Sulfer Determinator, With Leco HF400 Electrode Furnace, S/N: 3790
Lab-Line Mdl. 8300P Oven, S/N: 0468
Espec Mdl. LHU-112 Humidity Cabinet Digital Controls, S/N: 1011002943
Allied Mdl. 5-3000 Techcut 5 Abrasive Cutoff Saw, 5000 Max Speed, S/N: T5-207A-J13 (2013)
Allied Mdl. 5-4000 Power Cut 10Tm Abrasive Cutoff Saw, 3450 Max Speed, S/N: Pc10-081A-I13 (2013)
Struers Discotom-5 10″ Lab Saw, 2850-3420 RPM Spindle Speeds, With Coolant
Struers Discotom-5 5″ Lab Saw, Spindle Speeds 2850 – 3420 RPM, With Coolant System, Cabinet Base
(2) Buehler Mdl. Isomet Low Speed Saws, 11-1180 RPM, 5″ Capacity
Applied Research Lab Press, 160,000# Capacity, Mold Size 1/4″ D 8,000 – 160,000; 1/2″ D 40,000 – 200,000; 1″ D 80,000 – 100,000, S/N: 6058
Spex 3630 X-Press Hydraulic Press
(5) Buehler Mounting Presses
LAPPERS & GRINDERS
(2) Buehler Ecomet 6 Variable Speed Grinder / Polishers, With Ecomet 2 Power Head, S/N’s: 583ARP-03472; 551-A2P-3038
Buehler Mdl. Euromet-IV Grinder
(2) Haskris Mdl. R100 Air Cooler Water Chillers, S/N’s: HB16424; 23444
(6) Iqair Swiss Made High Performance Hepa Air Cleaning Systems
(20) TFI-Inline Lab Hood Plastic Construction Airflow Monitors, 60″ Wide X 5′ Long X 32″ Deep Overall Size, S/N’S: 456; 455
MISCELLANEOUS LAB PIECES
Milestone Mdl. Dma80 Microwave Laboratory System, With Direct Mercury Analyzer, Lab Terminal, S/N: 01050031
Emitech Mdl. K450X Automatic Carbon Coater
Emitech Mdl. K350S Density Meter, S/N: 3505-071
Leco Mdl. DM-400 Microscope Hardness Tester, With Camera System, Kashi Meter, Takema Printer
Zeiss Mdl. ICM405 Inverted Camera Microscope
Buehler Ecomet 250 Pro Grinder Polisher, 8″ Diameter, And Supplies
(2) Spex Industries Mill Mixers
(2) Spex Industries Mdl. 8511 Shatter Boxes
CEM Mdl. Mars 6 One Touch Tech Microwave Unit, 230/61, S/N: MJ1477
SCP Science Digi Prep-HP Digestion Block & Digital Controls
Warner & Swasey No. 3A Style M3500 Saddle Type Turret Lathe, With 6-Station Turret, Tool Post, Individual Turret / Saddle Feeds, 3-Jaw Chuck, 6-1/4″ H.T.S, 22-856 RPM, S/N: 2868811
Monarch 27″ X 84″ Geared Head Engine Lathe, 30-1/2″ Maximum Swing, Complete With 3-Jaw Chuck, Steady Rest, Threading Dial, Taper Attachment, Chip Conveyor, Tool Post, 6-303 RPM
Cincinnati 19″ X 114″ Geared Head Engine Lathe, With 3 & 4 Jaw Chuck, Face Plate, Steady Rest, Hydrashift, Taper Attachment, 17-653 RPM
Reiden 14″ / 28″ X 60″ Gap Bed Lathe, 36-1780 RPM, Complete With 3-Jaw Chuck, Tool Post, Taper Attachment, Steady Rest, Follow Rest, Collet Chuck, Face Plate
Monarch Mdl. 1610-16 16″ X 54″ Geared Head Engine Lathe, 12-1500 RPM, Complete With Taper Attachment, Micrometer Stop, Threading Dial, Load Meter, 3 & 4-Jaw Chucks, Steady Rest, Follow Rest, Spindle Speeds: 12-1500 RPM, S/N: S2144
Monarch 10″ X 20″ Toolroom Lathe, 12-1/2″ Swing, 0-4000 RPM, Complete With Collet Chuck, 3 & 4-Jaw Chucks, Face Plate, Steady Rest, Threading Dial, Taper Attachment, S/N: 4162111-2020
Hardinge Mdl. HLV-H Toolroom Lathe, 6-1/2″ X 20″ With Tool Post, Power Feed To Carriage, 125-3000 RPM, 3-Jaw Chuck, Draw Bar, Collets
Nardini Mdl. ND1740E 17″ / 24″ X 40″ Gap Bed Lathe, Micrometer Stop, Threading Dial, 25-2000 RPM, 3-Jaw Chuck
VERTICAL TURRET LATHE
Webster Bennet 36″ Vertical Turret Lathe, With 4-Jaw Chuck, 45″ Swing, 5-Position Turret, Tilting Head, Torque Indicator, 3-Axis Digital Readout, S/N: 5656T2
Blanchard Mdl. 11-20 20″ Rotary Surface Grinder, Solid Wheel Type Load Indicator, Coolant Neutrofier Chuck Control, S/N: B39-18-557
Blanchard Mdl. 11 Rotary Surface Grinder, 16″ Neutrofier Chuck Control, Coolant, S/N: 9218
Kent Mdl. KG6-250AH Hydraulic Feed Surface Grinder, With (2) Vise Chucks, Wheel Dresser, And Controls, S/N: 92075211 
Landis Mdl. 824 Hydraulic Power Feed Surface Grinder, 8″ X 24″ Permanent Magnetic Chuck, Coolant, S/N: 155-1
Armstrong Blum Mdl. 9 Series 9 Radial Hack Saw Machine, 9″ X 16″ Work Area, S/N: 98988
Boyar Schultz Mdl. Hr818 Hand Feed Surface Grinder, 8″ X 18″ Permanent Magnetic Chuck, S/N: 18-10170-HR
Landis 12″ X 36″ Type CH Hydraulic Universal Grinder, Power Head Stock, Internal Grinder Spindle Lube, S/N: 543-18
Cincinnati Mdl. 4-625-20-VHP Vertical Milling Machine, 25-2500 RPM, 20″ X 97″ T-Slotted Table, Power Feed, S/N: 4J6V5T-1
Cincinnati #4 Vertical Milling Machine, 18″ X 80″ T-Slotted Table, 16-1600 RPM, 50 Taper Spindle, S/N: 4J4VIY-49
Clausing Kondia Mdl. FV-300 Vertical Milling Machine, With 11″ X 59″ Power Feel Table, 60-4000 RPM Spindle, AcuRite III 2-Axis Digital Readout, Riser Block, S/N: X-274
Bridgeport Series I Vertical Milling Machine, with 9″ X 42″ Table, 60-4800 RPM Spindle Speeds, S/N: 12-BR103537
Bridgeport Series J Vertical Milling Machine, with 9″ X 42″ Power Feed Table, 80-2720 RPM Spindle Speeds, Mitutoyo 2-Axis Digital Read Out, S/N: 71591
Bridgeport Series J Vertical Milling Machine, with 9″ X 42″ Power Feed Table, 80-2720 RPM Spindle Speeds, Mitutoyo 2-Axis Digital Read Out, S/N: 148440
Bridgeport Series I Vertical Milling Machine With 9″ X 42″ Power Feed Table, 60-4200 RPM Spindle Speeds, R-8 Spindle, Acu-Rite 2-Axis Digital Readout, 6″ Swivel Base Vise, S/N: 12/BR 14869
Bridgeport Series I Vertical Milling Machine With 9″ X 42″ Power Feed Table, 60-4200 RPM Spindle Speeds, R-8 Spindle, Acu0Rite 2-Axis Digital Readout, 6″ Swivel Base Vise, S/N: 12/BR 179994
Walker Turner 30″ Radial Arm Drill
Morrison Key Seater Machine, S/N: K803721
DoAll Mdl. 2613-2 26″ Vertical Bandsaw, With 30″ X 30″ Tilting Table, Butt Weld & Grinding Attachment, (3) Motor Blade Speeds, Load Indicator, Variable Speed Drive, S/N: 127-66263
Rockwell Mdl. 28-3X5 20″ Vertical Bandsaw, 24″ X 24″ Tilting Table, Butt Weld And Grinding Attachment, S/N: 1524099
Marvel #9/M6 Radial Type Saw, 16″ X 10″ Work Area, S/N: 98635
Armstrong Blum Mdl. 9S/1 Series 9 Horizontal 9″ X 16″ Reciprocating Hack Saw, S/N: 99256-I
Arboga Type Rlm3508 Approximately 8-3/4″ X 33″ Radial Arm Drill, 8 Speed Geared Head, 70-1350 RPM, With Box Table, S/N: 205992
Stamco 11 Gage X 8′ Mechanical Sheet, Hold Downs, Foot Pedal Controls, S/N: 1097
Peck & Stow Mdl. 14-U-6E Mechanical Shear, 14-6A X 6′ Long, S/N: 651208
Oster Mdl. 784 Pipe Threader, 1/2″ Wall X 4″ Diameter Pipe, 3/8″ Rod X 3″ Bolt, Complete With Dies And Controls, S/N: 397811
Ridgid Mdl. 535 Pipe Threader, With Dies, S/N: 397811
Williams Tool Pipe Threader, 6″ Capacity
Chicago Mdl. BP-414-6 4′ 14 Gage Finger Brake, S/N: 302860
Chicago Mdl. BPO-414-6 4′ 14 Gage Finger Brake, S/N: 305466
Mdl. BP1648 16 Gage, 48″ Wide Finger Brake, S/N: 7980
T.R. Ryerson Mechanical Ironworker, With 1/2″ Plate, 5/8 X 6″ Flat Bar, 1-1/2″ Square, 1-3/4″ Round, 4X4X3/8″ Angle, Punch 13/16 Throw 3/4″ Plate, S/N: N/A
Pullmax Single Feed Punch, 42″ Throat, S/N: N/
BLENDERS & MIXERS
Gemco 100 Cubic Foot Blender Mark Total With ABB ACS 500 Drive Control, S/N: B52009
Gemco Blender Machine, 100 Cubic Feet Capacity, 40HP Motor, Roller Conveyor And Scale, S/N: 54509
Patterson Kelley Twin Shell -V- Dry Blender, 350# Capacity, 1 Cubic Foot, S/N: 175371
Patterson Blender Machine, Approximately 100 Cubic Feet Capacity, With Roller Conveyor And Scale System, S/N: N/A
(2) Little Ford Mdl. FKM 300-D Doper Mixer East, S/N: 4992
(2) Rotary V-Benders
Little Ford Doper Mixer With Fill Station Tank And Controls
Scrap Blender, Approximately 60 Cubic Feet Capacity With Digital Floor Scale System
Raymond Mdl. VHS05 Hammer Mill, With Mill Bag House, Stainless Steel Hopper And Controls, S/N: 56258
Raymond Hammer Mill, With Dust Collector And Stainless Steel Fill Station Hammer
OVENS & FURNACES
Pillar Induction Furnace, With Load And Unload Tables, ADS Controls And Meters
#10 Log Furnace, Approximately 12′ X 12′ Opening, 4 Zone, Atmospheric With Auto Feed, Chart Recorder, Honeywell Digital Controls, Hearty Roller Load And Unload Chamber, 1850°C Max Temp, Hydrogen Fueled.
“O” Furnace, 4 Zone Atmospheric, Approximately 20′ Long X 8″ High With (10) Log Tubes, 244″ Long X 5″ High X 3-1/2″ Internal Dimension, With Turbo Drum Dumper, Scale, Discharge System Blower, GE Quick Panel II Controls
General Electric Rotary Furnace, Approximately 12″ Diameter X 40′ Long Internal Dimension, With Hopper Feed, Stainless Steel Hopper, Cleveland Blower, Crystal Feed Screw, Bag House Discharge, Digital Scale And Controls
Lettor And Furnace, 62″ Wide X 9″ High X 18′ Long Furnace With Controls System, Power Pack, 4 Zones Temperature Gage
No. 3 Vacuum Furnace, 28″ Dia. X 52″ High ID, With Load Plate Form, Vacuum Pump, Electrics, Control Panel, S/N: 00-412011X8
No. 2 Vacuum Furnace, 28″ Dia. X 52″ High ID, With Load Platform, Stokes Vacuum Pump, Electrics, Control Panel
(10) Log Furnace Tubes, 294″ Long, 3-1/2″ Wide X 5″ High ID
(9) Log Furnace Tubes, 3-1/2″ Interior Dimension, 244″ Long
(9) Approximately 20′ Long X 3-1/2″ Internal Dimension Diameter Furnace Tubes
(9) Approximately 20′ Long X 3-1/2″ Internal Dimension Diameter Furnace Tubes
(50) Approximately 24′ Long X 5-1/2 High X 3-1/2″ Wide Internal Dimension Furnace Tubes
Kocks Mdl. N500, (8) Wire Drawing Head Capacity Induction Heater, With General Electric SP-200 Special Purpose Drive, Falk Gear Drive, 500HP Motor, Inductoheat Induction Furnace, Parts Picker, Kocks Comparator, Kocks Spare Gear Drawing Heads, Kocks Head Rotater, Control Panel, Warming Box And Spare Parts, S/N: 34201
Autoclave Engineers Isoframe Vertical Type, 6′ Deep X 27″ Diameter Chamber, Auto Part Loader, Digital Display Controls
HYDROGEN GENERATION PLANT
Hydrogen Generation Plant Consisting Of Capacity 450mm Cubic Feet, Natural Gas Compressor, Hydrogen Recycle Compressor, Hydrogenerator, Zinc Oxide Units (Desulfurization), Reformer, High Temp Shift His, Waste Warmer Boiler, Steam Preheat Coil, Deaerator Feed Water Exchanger, Process Gas Cooler, Process Gas Purification System, Vent Gas Recovery Tank, Conden State Drum, Quench Pumps & Boil Feed Pumps, Deaerator And Water Treatment With Fisher Valves, James Bury Valves Warner W-UB Manifold, Pennsylvania Gas Compressor, S/N: 10743, (1) Parts Only S/N: 10726A And Control Room
(3) Cooper Gas Hydrogen Compressers, Class 3ATPCP, Size 14-1/2 X 11, S/N’s: 10303C; 10303B; 10303A
(2) K.R. Wilson 600 Ton Hydraulic Angle Molding Presses, Side Rams, Top Ram, 12″ Height X 40″ Diameter Work Area, S/N’s: 2871; N/A
Schuler 15 Ton Hydraulic C-Frame Press, Top Plate 15-1/2″ L X 9″ W, S/N: 56040
SIFTER SYSTEMS / UNITS / RELATED
7-Station Auto Sieve Fill Machine, With 5 VORD-SI Portable Sieves, (6) Stainless Steel Hoppers, Tubular Hydraulic Drum Durpes System, Touch Screen Controls
Cleveland Mdl. FA-4848RE34-6 Vibrator Table, 48″ X 48″ Size (New – Never Installed)
5 Stage Hi-Vi Eriez Feeder System, With Platform And Drum Roller
New Vibrating Sifter System (4) Skids, Stainless Steel, Feeder Vibrating Table, Sifter Dump Station, Stainless Steel Hopper Rice Lake, Optimized Processing Control With GE Quick Panelview Unit.
JVI Mdl. DTF-100X850 Vibrating Feed Unit With Drum Hold Station, And Hopper, S/N: 2544
AIR SCRUBBERS / DUST COLLECTORS / RELATED
(2) New Advance Air Tech Air Pollution Control System ScrubberS (Unit A), Never Installed, Hach Digital Controller, Serfic Pumps, Walchem Metering Pump, (2) Toners And Piping
(4) Torit Mdl. Dft2-24 Cartridge Type Dust Collectors, With Blower And Controls, S/N’s: N/A; N/A; IGO74215; IGO96085
Torit Donaldson Cartridge Type Dust Collector, With Delta P Digital Controls
Torit Donaldson Mdl. DWS4 Portable Cartridge Type Dust Collector, S/N: 2640261
Spencer Tubular Bag Separator System, S/N: 302023
MATERIAL HANDLING (incl. Forklifts, Cranes, Manlifts, Etc.)
Caterpillar Mdl. V50C 5,000# Capacity Forklift Truck, With Yard Tires, Triple Mast, S/N: 38401807
Hyster Mdl. S50XM 5,000# Capacity Forklift Truck, With 3-Stage Mast, Side Shift, Propane, S/N: D187V20126X
Hyster Mdl. HP60XM 6,000# Capacity Forklift Truck, With Yard Tires, 3-Stage Mast, Side Shift, Propane, S/N: H177B07091V
Yale Mdl. GlC060TONUAR082 6,000# Capacity Forklift Truck With 3-Stage Mast, Side Shift, Solid Tire, Propane, S/N: FC187V14542X
Yale Mdl. GTP050ZGNGAL084 4,000# Capacity Forklift Truck With 3-Stage Mast, Side Shift, Rotary Forks, Yard Tires, Propane, S/N: A875B10738X
Hyster E50XM-27 4,950# Capacity Electric Forklift Truck With 3-Stage Mast, Side Shift, Solid Tires, Charger, S/N: F108V02148
Towmotor 4000# Capacity Forklift Truck, Propane, S/N: 46250825
Caterpillar Mdl. T40 4000# Capacity Forklift Truck, S/N: N/A
(2) Hyster Mdl. N50XMAS 5000# Capacity Electric Stand And Ride Forklift Truck, With Barrel Attachment Fork, And Charger, S/N’s: C471N01533B; C471N01533B
Raymond Mdl. 20R30TT 3000# Capacity Stand And Ride Forklift Truck, Comes With Charger, S/N: 020-82-21113
Hyster Mdl. N50XMA3 Electric Forklift Truck (No Battery), S/N: C471N01534B
Gorbel Easy Arm 360° Free Standing Jib Crane, 165# Capacity
Payloader Font End Loader Diesel Engine, 8′ Bucket
(2) Genie Mdl. IPW24 350 Degree Electric Portable Manlifts
Cummins Mdl. 680FDR5058FFW Generator Set, 625-KVA, Diesel Powered With Transfer Switch, Redco Mdl. KR7FF/FFM Standby Generator Control Base, S/N: FK-90056-8/23-1
Sunbelt Transformer, 2300 Volt, Dry Type, 1000–KVA, With 5-Brake Switch Panel On Loft, S/N: Sto714A35710-1-1
COMPRESSED AIR STORAGE TANKS
Just Rite Single Door Fire Proof Storage Cabinet
(6) Approximately 10-1/2′ Diameter X 20′ Long Compressed Gas Steel Storage Tanks
WELDERS & RELATED
Lincoln Mdl. 305G Ranger Generator Welder, Digital Display With Kohler 23HP Motor, 300DC Welder, 100% Duty Cycle, S/N: U1120501447
Lincoln Mdl. Tomahawk 625 Plasma Cutter, With Cart, S/N: 1212050 
Miller Syncrowave Mdl. 250 DX Tig Welder, 250 Amp, Digital Display And Cables, S/N: LF4602751
Huskey 1.5HP Vertical Tank Mounted Air Compressor
Lincoln Mdl. Pro-Cut 60 Plasma Cutter, S/N: 01931216146
Lincoln Mdl. Ideal Arc 250 Amp Arc Welder
Lincoln Generator Mdl. Lincwelder 225 V.V.-D.C.-Welding Power Source, With AC Auxilary Power, Onan Motor
PALLET WRAP & PACKAGING
Lantech Q Series Stretch Wrap Machine, 65″ Diameter Turn Table, Approximately 80″ High Wrap
Shipping Office Consisting Of Desk, Table Cabinets, Carts, Etc.
Ingot Cleaning Machine, (3) Belt Sanding Units, Complete With Controls
Large Quantity of Assorted Reach-In Type & Self-Contained Shot Blast Units
LARGE QUANTITY OF ASSORTED BEARINGS 980-1
MISCELLANEOUS INSPECTION ITEMS, INCLUDING: MICROMETERS, GAGES, GAGE BLOCK SETS, ADJUSTABLE MICROMETERS, INDICATOR STANDS, BORE GAGE SETS, PROFILE PROJECTORS
Nikon Mdl. Mdh-14B 14″ Optical Comparator, 2-Axis Quadra Chek 2000 Digital Readout, S/N: 10025
Rockwell Mdl. 4Gur Hardness Tester, S/N: 1942-880
XLO 809 14″ Optical Comparator, S/N: 08090812
TREMENDOUS QUANTITIES OF SHOP SUPPORT ITEMS
Including: MORE THAN  BALANCE SCALES, OPTICAL PYROMETERS, DRILLS, TAPS, REAMERS, END MILLS, COUNTERBORES, TAP & DIE SETS, MACHINERY SKATES, MILLING CUTTERS, BROACHES, C-CLAMPS, TOOL HOLDERS, HAND TOOLS, MACHINE VISES, DIVIDING HEADS, ALORIS TOOL POSTS, COLLETS, SWIVEL VISES, BORING HEADS, RIGHT ANGLE HEADS, ELECTRIC / PNEUMATIC HAND TOOLS, PEDESTAL FANS, HEATERS, KURT MILLING VISES, STORAGE CABINETS, MAGNETIC BASE DRILL, SHOP VACUUMS, WATER COOLERS, BOX STAPLERS, PUMPS, VALVES, HEAVY DUTY MATERIAL HANDLING CARTS, ELECTRICAL SUPPLIES, MOTORS, CABLES, HOISTS, BLOWERS, HYDRAULIC PALLET JACKS, DIE LIFT TRUCKS, LIFTING MAGNETS, GENERATORS, ENGINE HOISTS, BARREL CLAMPS, TRANSFORMERS, HEAVY DUTY PALLET RACKS, FLAME PROOF STORAGE CABINETS, VIDMAR PARTS CABINETS, ETC.
Selinsky Force - (330) 353-5510 - Dave Fulton - Dave.Fulton@selinskyforce.com
GRG Trucking - 216-651-8898 Office/216-215-8898 Cell - Joe Lang - email@example.com
Tesar Industrial Contractors – 216-741-8008 Office/216-470-0552 Cell Dave Carucci – Dave@tesarindustrial.com
Special Notice on Terms & Conditions of Sale
Koster Industries Inc. or it’s representatives do not make any representation or warranties of any kind whatsoever on the machinery & equipment listed, we make every ability to describe the lots accurately, but it is up to the bidder to perform their own due-diligence IE. Not limited to Manufacturer, Model, Capacities, Attachments, Etc. prior to bidding. All Items being sold are “AS-IS” Where-Is” with no warranty. All bids that are entered is a legally binding contact with Koster Industries Inc.
All lots that are not removed from the premises within the posted terms and conditions of the auction sale are subject to a $750.00 USD a day storage charge invoiced by Koster Industries unless other arrangements have been made to our office
All Non-Payments and payments outside the terms and conditions of the auction sale are subject to being rated accordingly or blocked.
WE DO NOT SUPPLY ANY MATERIAL HANDLING EQUIPMENT FOR ANY MOVING INCLUDING FORKLIFT TRUCKS, PALLET JACKS, HAND TRUCKS, ETC.
Koster Industries Inc. does not pack, ship crate, transport or rig any items, we will provide a list of GE approved 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, All Riggers Must Be Qualified or Approved by GE EHS Department - NO EXCEPTIONS
Payment Terms: Certified Check, Company Check up to $2,000 unless accompanied by bank letter of garantee, Wire Transfer. ALL PAYMENTS MUST MATCH THE COMPANY OR INDIVIDUAL THAT REGISTERED FOR THE SALE
Payment: All Payments are Due:
All Items Must Be Removed By:
By attending and/or participating in this sale event, each potential Buyer shall be deemed to have fully read, acknowledged and agreed to be bound by the Terms and Conditions set forth herein and in all attendant documents (collectively, the “Transaction Documents”):
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)
PROPERTY INFORMATION. Any available information relating to the Property condition and other information from any available survey and/or inspection report is being provided free of charge by third parties unrelated to any of the Seller Parties. (Seller Parties shall mean Seller, and its affiliates and their respective officers, directors, employees, agents and representatives.) Seller Parties have no responsibility and make no representation or warranty of any kind with respect to such Property information, survey and/or inspection report. Any usage and/or reliance on any such Property information, survey and/or inspection report shall be at Buyer’s sole risk. Any specifications supplied are preliminary and not provided for the purpose of determining suitability or fitness and are subject to Buyer’s confirmation.
GENERAL TERMS OF SALE: For immediate acceptance, subject to prior sale or other disposition, and change without notice. Proposals and acceptances of orders by a potential Buyer are made with the mutual understanding that orders are not subject to cancellation. Sale and delivery date is approximate only, and contingent upon delays or nonperformance occasioned by strikes, accidents, fires, Acts of God, government restrictions (including the denial or cancellation of any export or other necessary license), wars, insurrections and/or any other cause beyond the control of the Seller.
RESERVATION OF RIGHTS BY SELLER: Seller reserves and has the right to (i) accept or refuse any and all bids and offers for any reason, (ii) withdraw from sale any of the Property listed or to sell at any sale property not listed, (iii) group one or more lots into one or more selling lots or to subdivide into two or more selling lots, (iv) whenever the best interest of Seller will be served, to sell all the property listed, in bulk, and (v) add other terms and conditions of sale, such additional terms and conditions to be announced prior to the sale. Notwithstanding anything to the contrary contained in any of the Transaction Documents, Seller shall not be required to effectuate any sale of Property if prohibited under applicable law, rule, order, or regulation, or if the proposed Buyer or Buyer’s funding source is on any government watchlist, including but not limited to any of the following lists published by the U.S. Government: (a) Department of Commerce Denied Persons List; (b) Department of Commerce Entity List; (c) Department of Treasury Specially Designated Nationals and Blocked Persons List; (d) Department of State Proliferation List; or (e) Department of State Arms Export Control Debarment List. Nothing herein shall be construed as (i) an approval or commitment of sale by Seller to any person; and all transactions are subject to product availability, final investment and compliance approval by Seller and the execution of the Transaction Documents in form satisfactory to Seller; or (ii) any guarantee or promise of pricing terms or availability thereof which may fluctuate or cease to be available depending on any change in the industry and market conditions; or (iii) constituting the creation of an agency, partnership, joint venture, fiduciary or similar relationship between Seller and any person; (iv) constituting business, financial, tax, accounting or legal advice, and Buyer should consult its own professional advisers for any such advice; or (v) a representation or warranty, express or implied, of any kind by any Seller Party, and Buyer expressly and specifically waives and disclaims and confirms that it has not relied and is not relying on any representation or warranty, express or implied, of any kind by any Seller Party.
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.
Buyer hereby represents, warrants and certifies to Seller of the following and upon Seller’s request, Buyer shall provide a separate signed certification of the following with respect to each Property that Buyer acquires from Seller: (a) Buyer will comply with United States or any other applicable export laws and regulations for the export, re0export, and/or transfer of the Property; (b) the Property will not be used or sold to a third party for use in nuclear, biological or chemical weapons, or missiles capable of delivering these weapons; and (c) the Property is not intended for use by sanctioned by the United States Government or by a destination subject to a United States comprehensive embargo.
BUYER DEPOSIT: If Seller accepts a potential Buyer’s offer, in consideration of Seller’s agreement to hold the Property available for such Buyer’s purchase for a period of 14 days commencing from the date of Seller’s acceptance of such Buyer’s offer (the “Target Closing Date”), such Buyer agrees to pay Seller within 24 hours of Seller’s acceptance of such Buyer’s offer a non-refundable down payment towards the purchase price in an amount equal to 25% of the offer price accepted by Seller (“Deposit”); and such Buyer agrees with Seller that (i) the Deposit will be credited towards the purchase price if the sale and purchase of the Property between Seller and Buyer is consummated on or before the Target Closing Date and the Deposit will be retained by the Seller if Buyer does not proceed with such transaction by the Target Closing Date; (ii) the Deposit is not refundable and shall be retained by Seller as liquidated damages except in the event that, Seller does not proceed with the sale of the Property to Buyer at no fault of Buyer or otherwise caused by Buyer; (iii) the Deposit will not accrue interest and Seller will have no obligation to pay any interest thereon; and (iv) Seller may commingle the Deposit with its general or other funds, and Seller will not hold any such funds as agent or in trust for Buyer or any other person or in any similar fiduciary capacity.
TIME AND MANNER OF PAYMENT: Each sale shall be contingent upon Buyer’s full compliance with all of the terms and conditions set forth in the Transaction Documents. Payment of purchase price in full by Buyer to Seller within the time required by Seller is required prior to Buyer’s removal and shipment of the Property. All payments shall be made to Seller in U.S. dollars by wire transfer or certified check. Purchase price for the Property does not include (a) any applicable taxes (including sales, use, transfer, property and other applicable taxes, whether assessed to Buyer or Seller, but excluding any taxes based on or measured by Seller’s income), or (b) any cost of professional services, installation, insurance, distribution charges, shipping, exportation, importation or any other cost whatsoever relating to the Property or re-titling and/or re-registration of the Property or Uniform Commercial Code filings; and Buyer shall be responsible for all such amounts set forth in this clause.
REMOVAL, RE-TITLING AND RE-REGISTRATION OF PROPERTY: Property sold to Buyer must be removed from the facility within 14 days from date of sale. Any and all de-installation, removal, transportation and re-installation of Property shall be at the sole expense, risk and liability of the Buyer. Seller shall not be responsible for Property sold but not removed within the time allowed, but shall have the option to remove and store at the sole expense and risk of the Buyer any Property sold whether or not paid for. With respect to Property that is a titled asset, Buyer shall ensure re-titling and re-registration of such Property in the ownership of the new owner within 60 days of the date of sale or such shorter period as required by applicable law and at Seller’s request, provide Seller with sufficient evidence of such re-titling and re-registration.
AS IS WHERE IS SALE: EXCEPT AS EXPRESSLY SET FORTH IN THE TRANSACTION DOCUMENTS, THE PROPERTY IS BEING SOLD AND DELIVERED BY SELLER TO BUYER AND PURCHASED AND ACCEPTED BY BUYER “AS IS” AND “WHERE IS”, WITH ALL FAULTS, WITHOUT ANY WARRANTIES, EXPRESS OR IMPLIED, AS TO ANY MATTER WHATSOEVER, INCLUDING WITHOUT LIMITATION, THE CONDITION OF THE PROPERTY, ITS MERCHANTABILITY OR ITS FITNESS FOR ANY PARTICULAR PURPOSE, except that the title to Property is free and clear of all liens or encumbrances of any person or entity claiming by, through or under Seller. SELLER MAKES NO, AND EXPRESSLY AND SPECIFICALLY DISCLAIMS (AND BUYER EXPRESSLY AND SPECIFICALLY WAIVES AND DISCLAIMS AND CONFIRMS THAT IT HAS NOT RELIED AND IS NOT RELYING ON) ANY, REPRESENTATION, GUARANTEE, COVENANT, CONDITION OR WARRANTY OF ANY KIND RELATING TO THE PROPERTY, INCLUDING BUT NOT LIMITED TO THE CONDITION OR LIEN STATUS OF THE PROPERTY (WHETHER OR NOT DISCOVERABLE), WHETHER EXPRESS OR IMPLIED, ORAL OR WRITTEN, ARISING BY LAW OR OTHERWISE, IN CONTRACT OR IN TORT, INCLUDING WITHOUT LIMITATION, WARRANTIES WITH RESPECT TO THE PROPERTY’S MERCHANTABILITY, QUALITY, FITNESS FOR ANY PARTICULAR USE, PURPOSE, DESIGN, CONDITION, VALUE, QUALITY, DURABILITY, OR AS TO THE ABSENCE OF LATENT, INHERENT OR OTHER DEFECTS (WHETHER OR NOT DISCOVERABLE) OR AS TO THE ABSENCE OF ANY INFRINGEMENT OF ANY PATENT, DESIGN, COPYRIGHT OR OTHER PROPRIETARY RIGHT OR THOSE ARISING BY STATUTE OR OTHERWISE IN LAW FROM THE COURSE OF DEALING OR USAGE OF TRADE. BUYER ACKNOWLEDGES THAT THE PROPERTY SOLD HEREUNDER MAY BE USED. BUYER AGREES AND ACKNOWLEDGES THAT IN NO EVENT SHALL ANY SELLER PARTY BE LIABLE FOR INJURIES TO PERSONS OR PROPERTIES, FOR LOSS OF USE, REVENUES OR PROFIT WITH RESPECT TO THE PROPERTY OR ANY LIABILITY OF BUYER FOR ANY DIRECT, INCIDENTAL OR CONSEQUENTIAL DAMAGES. PROPERTY PURCHASED MAY NOT INCORPORATE APPROVED ACTIVATING MECHANISMS, OPERATING SAFETY DEVICES OR SAFETY GUARDS, AS REQUIRED BY OSHA OR OTHERWISE. IT IS BUYER’S SOLE RESPONSIBILITY THAT PROPERTY PURCHASED BE SO EQUIPPED AND SAFEGUARDED TO MEET OSHA AND ANY OTHER REQUIREMENTS BEFORE PLACING SUCH PROPERTY INTO OPERATION. ALL SALES OF AVAILABLE PROPERTY WILL BE FOR COMMERCIAL USE ONLY AND NOT FOR ANY PERSONAL, FAMILY OR HOUSEHOLD USE. NO AGREEMENT ALTERING OR EXTENDING SELLER’S LIABILITY FOR WARRANTIES SHALL BE BINDING UPON SELLER UNLESS IN WRITING AND EXECUTED BY A DULY AUTHORIZED OFFICER OR REPRESENTATIVE OF SELLER.
BUYER DEFAULT: In the event of default by Buyer of any of the terms set forth in the Transaction Documents, Seller may, in addition to all other remedies under law or in equity, may retain all monies received as Deposit or otherwise, as liquidated damages. Property 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 defaulted Buyer. If at any time prior to payment in full, Buyer 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 by Seller at its option. The record of sale kept by Seller and its bookkeeper will be taken as final in the event of any dispute raised by Buyer.
INDEMNIFICATION: Buyer agrees to be responsible for, and agrees to indemnify, save and hold harmless Seller Parties from and against any and all liabilities, obligations, losses, damages, penalties, claims, actions and suits resulting therefrom and imposed upon, incurred by or asserted as a consequence of: (i) taxes, license fees, other fees and assessments of any kind or nature assessed or imposed by any domestic or foreign governmental entity or taxing authority; (ii) the sale of the Property to, the removal, delivery, transportation, shipping, exportation, importation, ownership, possession, operation or use of the Property by, Buyer, or the condition or use of the Property purchased or failure of Buyer to follow instructions, warnings or recommendations of the manufacturer, or to comply with federal, state and local laws applicable to such Property, including OSHA requirements, or for proximate or consequential damages, costs or legal expenses arising therefrom; and (iii) persons attending during exhibition, sale or removal of Property, or any defect in or condition of the premises on which the sale of Property is held.
GOVERNING LAW; WAIVER OF JURY TRIAL. 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). BUYER WAIVES 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 ANY SELLER PARTY AND BUYER RELATING TO THE SUBJECT MATTER HEREOF OR THEREOF, AND/OR THE RELATIONSHIP THAT IS BEING ESTABLISHED BETWEEN SELLER AND BUYER.
MISCELLANEOUS. This Transaction Documents may not be assigned by either party without the prior written consent of the other and shall inure to the benefit of and be binding upon the parties and their respective successors and permitted assigns. Nothing in the Transaction Documents, express or implied, is intended to confer upon any person, other than the parties hereto, and their respective successors and permitted assigns, any rights, remedies, obligations or liabilities under or by any reason of the Transaction Documents. This Transaction Documents shall constitute the entire agreement of the parties with respect to the subject matter hereof. No amendments or modifications to the Transaction Document shall be valid unless in writing and signed by both parties hereto. The covenants and agreements expressed in the Transaction Documents shall be severable, and the invalidity, now or in the future, of any covenants recited herein shall not affect the validity of the remaining covenants and agreements. Each Transaction Document may be executed in multiple originals and multiple counterparts on different dates and in different places, but which when taken together shall constitute one binding and effective agreement. The waivers, indemnities, representations and warranties set forth in the Transaction Documents shall survive the consummation of the transaction contemplated in the Transaction Documents. Each of the parties shall be responsible for its own costs and expenses incurred in connection with the transactions contemplated by the Transaction Documents.
IMPORTANT NOTICE Nothing herein shall be construed as (i) constituting the creation of an agency, partnership, joint venture, fiduciary or similar relationship between GE and any person; (ii) an approval or commitment to sale by GE to any person; and all transactions are subject to final investment / compliance approval by GE and the execution of mutually satisfactory definitive documentation; (iii) any guarantee or promise of pricing terms or availability thereof which may fluctuate or cease to be available depending on any change in the relevant market. All sales of available equipment will be “as is”, “where is”, with all faults, without recourse or warranty of any kind or nature, express or implied; and subject to detailed terms and conditions of sale of the equipment owner / seller.
Last Updated September 18, 2009
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