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Online Auction

Surplus to the Needs of Magnetic Metals

Online Sale Starts Closing At:

Tue, May 22nd 2018 1:00 P.M. EDT

Location:

1900 Hayes Ave Camden, New Jersey 08105

Inspection:

Monday, May 21st, from 8:00 A.M. to 4:00 P.M.

LASER
2007 1,300-Watt Mazak “Champion” Super Turbo-X48 Laser, travels: x-105.7”, y-50”, z-3.9”, 98.4” x 49.2” x .047” work size, CO² Laser YB-L130A8M, Mazatrol preview control, UAS Mdl. SFC6-3 dust collection system (S/N: 60072248), S/N: 197545

 

HIGH SPEED PRESSES
100 Ton Minster Mdl. P2-100-48 “Piece-Maker” High Speed Press, 2” stroke, 4” adjustment, 19” shut height, vari-speed, 48” x 31” bed, litlell 14” roll feed, 100-300 SPM, S/N: P2-100-16522

75 Ton Minster Mdl. PM3-75-42 High Speed Press, 42” x 26” bed, 0-800 SPM, 28.62” shut height, 1.25” stroke, 2” adjustment, vari-speed, Wintriss control, Vamco TS6 roll feed, S/N: PM3-75-24787

60 Ton Minster Mdl. P2-60-36 High Speed Press, 1.5” stroke, 3” adjustment, 17.5” shut height, 36” x 25” bed, Vamco TS6 roll feed, 0-450 SPM, control console, S/N: P2-60-22377

60 Ton Minster Mdl. P2-60-36 “Piece-Maker” High Speed Press, 2” stroke, 3” adjustment, 17.5” shut height, 36” x 25” bed, 125-375 SPM, vari-speed, Vamco “Van Mark 6” feed, console, S/N: 20333

60 Ton Minster Mdl. P2-60 “Piece-Maker” High Speed Press, 2” stroke, 3” adjustment, 17.5” shut height, 125-375 SPM, vari-speed, lube, 36” x 25” bed, Gemco 1995 Plus microset, Cieco PCI-100, control console, PS Industries Mdl. HPF-100, S/N: P2-60-18467

30 Ton Gasbarre Type VGS High Speed Press, 100-1200 SPM, vari-speed, motorized ram adjustment, 28” x 36” bed area, Variax V76 feeder, continuous / single stroke, dual palms, lube system, Cieco automation, Allen Bradley Panelview Plus 400, S/N: 0401

30 Ton Bruderer “BSTA 30” 3-Post High Speed Press, vari-speed, dual palms, 100-600 SPM, 16-40 mm stroke, PA Industries “The Edge” 2-1/2” Mdl. HPF-60 servo roll feed, S/N: 8670298, Triad 3200 control system, Cemco Patriot 1995 PLS, witness procam 1500 cam switch.

30 Ton Minster Mdl. P2-30 “Piecemaker” High Speed Press, air clutch, 3” stroke, 250 SPM, 11.5” shut height, 2” adjustment, 30” x 19” bed area, vari-speed, roll feed, S/N: P2-30-17225

30 Ton Minster Mdl. P2-30-24 ”Piecemaker” High Speed Press, 1.25” stroke, 12.25” shut height, 24” x 19” bed area, 0-600 SPM, S/N: P2-22380

30 Ton Minster Mdl. P2-30-24 ”Piecemaker” High Speed Press, PA Industries “Ultra Edge” Mdl. SRF-100ULTRA servo roll feed, S/N: 31860105

25 Ton Bruderer Mdl. “BSTA 25” High Speed Press, ½” – 1-1/2” variable stroke, 100-1500 SPM, vari-speed, Bruderer BBV-202/120 feed, motorized ram adjustment, 21” x 21” bed, control console, S/N: 1641

10 Ton (Approximately) Henry & Wright 4-Post High Speed Press, air clutch, vari-speed, 7” x 7” between posts, 7.5HP motor, PA Industries SRF-1000 “Ultra Edge” servo feed

10 Ton Bruderer Mdl. 10L Mini 4-Post High Speed Press, Durant Mdl. MP-3HP, Feed Pro with Quartech 2800 PLC, 15-1/2” x 8-1/4” between posts, batch counter, stroke totalizer, stroke selector, S/N: 980318

4-Post High Speed Press, 28” x 36” t-slotted bolster, 4-cylinder, 13” x 13” between posts

OBI PUNCH PRESSES
35 Ton Niagara Mdl. M35 OBI Flywheel Type Punch Press, 5” stroke, 2-1/4” adjustment, 13-1/4” shut height, 24” x 15” bed, 15” x 12” ram, 57-150 SPM, air clutch, S/N: 49239

22 Ton Minster #3 OBI Flywheel Type Punch Press, 2” stroke, 2” adjustment, 11.5” x 20” bed, 8.5” x 12” ram face, dual palms, air clutch, vari-speed, S/N: 3-12043

15 Ton Rousselle #2E Air Clutch Flywheel Type OBI Press, dual palm, 16-1/4” x 11” bed, S/N: 13958


AUXILIARY PRESS EQUIPMENT
2 Ton Bench Type Flywheel Press

15” Cooper Weymouth Peterson Mdl. 15TCS Stock Straightener, .010” – .062” material thickness, S/N: 37255

[2] 12” Cooper Weymouth Peterson Stock Straighteners, 17-roll, S/N’s: n/a; V1217022

[2] 8” Cooper Weymouth Peterson Mdl. CWP8SPS Stock Straighteners, 17-roll, S/N’s: N/A; 16385

[3] 6” Cooper Weymouth Peterson Mdl. 6SPS Stock Straighteners, .062” material thickness, 120-1200 IPM, S/N’s: M23816-1; 6171074R; V6171071

6” Cooper Weymouth Peterson Mdl. 6SPS Stock Straightener, .010” – .093” material thickness, 2100 IPM, S/N: C10762

[3] 6” Cooper Weymouth Peterson Stock Straighteners, 17-roll, S/N’s: V6171090; V617880; V6171672

[4] 6” Cooper Weymouth Peterson Mdl. 6SPS Stock Straighteners, .90” – .062” material thickness, 50 FPM, S/N’s: C3953-1; C3953-2; V6171051; 16474

5” Bruderer Mdl. 12-120/10-12 Precision Straightener, S/N: 30231

3” Rapid-Air Mdl. SA3 Straightener & Power Roll, S/N: 130870

Norwalk “Innovator” Mdl. CR3542 Motorized Uncoiler, 41” turntable, S/N’s: 425250; 4255494; 425409; 423199; N/A; 420875; 420877

Assorted Jaco & Durant Non-Motorized Uncoilers

4000# Littell Mdl. 40-18 Auto-Centering Reel, 16” – 20” ID, 18” width, S/N: 49547-53

 

OVENS & BELT PASS-THRU FURNACES
Pollution Controlled Products Mdl. DC-3A-5363 Burn Off Furnace, natural gas, Honeywell digital controls, 350,000 BTU, 41” wide x 44” high x 48” deep approximate inside dimensions

12” Sargeant & Wilbur Mdl. B1C-131342-S Pass Thru Belt Furnace, 7-zone, approximately 42’ long, digital controls, nitrogen / hydrogen meters, S/N: 6306WI-F

12” B/U Engineering “Transaheat” Mdl. THR126-3-108E-4 Pass Thru Belt Furnace, 4-zone, approximately 38’ long, S/N: MMN-2

7” Lindberg Pass Thru Belt Furnace, 3-zone, digital temperature controls, S/N: N/A

 

HYDRAULIC C-FRAME PRESS
6 Ton Greenerd Mdl. HPB-5 Hydraulic C-Frame Press, dual palm, position control, 10” x 14” bed, S/N: 06T6654

 

BELT SANDER
24” Timesaver Mdl. 125-1M Vertical Belt Sander, 8” height adjustment to table, 10HP main motor, 1HP geared vari-speed table, Kufo Mdl. UFO-102B, S/N: 12291

 

CUT-OFFS & ROLL FORMING
3” Cut-Off, 3” Rapid-Air Feed, pneumatic

12” Rapid-Air Mdl. FSC12 Cut-Off, S/N: 124967, Mdl. L16E Slide Feed, S/N: 127680, pneumatic

4-Stand Bench Type Roll Former, approximately 1-1/2” roll space, pneumatic cut-off & slide feed, 12-station carousel parts catcher


TOOLROOM
SIP Mdl. “Hydroptic-6A” Vertical Jig Borer, 33-1/4” x 43-1/4” table, S/N: 18

6” x 18” Parker Majestic Hand Feed Surface Grinder, direct drive spindle, Brown & Sharpe magnetic chuck, Acu-Rite Qwikcount-II digital readout, S/N: 2219-SCM-68

[3] 6” x 18” Parker Majestic Power Feed Surface Grinders, power elevation, 6” x 12” Ceramax chucks, SCR controls, S/N’s: 1089-SCM-58; 1092-SCM-58; 1722-SCM-65

6” x 18” Parker Majestic Power Feed Surface Grinder, power elevation, 6” x 10” magnetic chuck, S/N: 2035-SCM-67

14” x 40” Brown & Sharpe #3 Universal Cylindrical Grinder, motorized work head, motor speed control

 

HEAT SHRINK TUNNEL
Clamco Mdl. 851 Heat Shrink Tunnel, 15” wide, entry conveyor, S/N: 6706, Clamco Mdl. 5124 Seater, S/N: 2472

 

INSPECTION
30” Jones & Lamson “Epic 30” Comparator, 8-1/2” x 32” table, reflection attachment, S/N: E42127

Wilson Rockwell Mdl. 4JR Hardness Tester, S/N: 4JR-821

 

MISCELLANEOUS MACHINERY & SUPPORT EQUIPMENT
Vulcan Mdl. 3-550 Bench Furnace, S/N: 5493306

Trinco Mdl. 20/CDB Reach-In Shot Blast Cabinet, S/N: 74127-14

11” x 11” Advanced Rotary Table

[2] Lexco Heavy Duty Die Lift Carts

1000# Presto Mdl. M-66 Die Lift Cart

1000# Presto Mdl. H166 Die Lift Cart, S/N: XP9016-2

7” Siquorney Sensitive Bench Drill, S/N: M-100269-7

Tennsmith Mdl. SR24 20ga. x 24” Sheet Metal Roller, S/N: 06706

18” x 12’ Motorized Conveyor

Mdl. 14511 5” Motorized Incline Conveyor, S/N: 16511/11

Power Strapping Machine

 

Miscellaneous Items Throughout, including: assorted inspection items, rolling carts, scales, wood top work benches, rolling wire racks, pallet jacks, bench vises, drill cabinets, double door storage cabinets, radius dressers, rotary tables, sine plates, Dumore grinders, radius dressers, Demag units, indexers, 6” bench shear, rolling tool cabinets, etc.

18% Buyers Premium

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 had full knowledge of these terms and agree to be bound thereby.
Posted Payment Due Date: 48 Hours from receipt of invoice
Posted Last Day of Removal: To Be Posted
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)
OUT OF COUNTRY RESIDENTS WILL NOT BE APPROVED TO BID WITHOUT A REFUNDABLE DEPOSIT PRIOR.
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.
CREDIT CARD DEPOSITS: This auction will require a credit card deposit. Your credit card added through the Bidspotter.com fully secure and PCI compliant registration process will be charged a $500 deposit in order to be approved to bid within the auction. You will not be approved without your credit card entered at the stage of registration being charged a deposit of $ 500.
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 the account.
Manor of payment is 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.
CREDIT CARD PAYMENTS: Payments via credit card are accepted up to $5,000 final invoice total. Any invoice total larger than $5,000 must be paid by wire transfer or certified check. Your deposit may be applied to your final invoice amount, even if your final invoice is larger than $5,000.
BUYER BEWARE: “THE BUYER ALONE IS RESPONSIBLE FOR CHECKING THE QUALITY AND SUITABILITY OF GOODS BEFORE A PURCHASE 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 EXEMPTIONS.
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 contractors, 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 or 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. Koster is not responsible for any damage incurred by contractors or riggers, no rigger / customer can lay any claim to Koster for any and all damages
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 the 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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