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Sale Details
  

By order of secured parties:
Collins & Aikman
         
In cooperation with Asset Engineering of Canada
Sale#: [COLL1207]

Major Plastic Injection Molding Operation
North American Tier 1 Automotive Supplier
 
Sale Details Links Documents (PDF)
Auction Type
Webcast & On-Location Auction

Date & Time
1-Day, Thur. January 10, at 10am  (EST)

Sale Location
Mississauga (Toronto), ON 

Equipment Location(s)
Mississauga,ON Canada

Currency
USD

Buyers Premium
12.5% of the purchase price for onsite buyers and 15% for webcast buyers.


Absentee (Proxy) Bidder Form

Featured Items

(59) Injection Molding Machines
  • 2003 Van Dorn Caliber 500 Ton Injection Molder, Two Platen
  • (4) 2000 JSW J200ELII 220 Ton Electric Injection Molders
  • 1998 Van Dorn 500 Ton Injection Molder
  • (18) Toshiba ISG190NV10 185 Ton Injection Molders (1997-1998)
  • (21) Nissei FN-4000 180 Ton Injection Molders, (1996-1997)
  • (6) Nissei FN-5000 220 Ton Injection Molders, (1996-1998)
  • (2) 1996 Nissei FN-2000 110 Ton Injection Molders
  • 2001 JSW J95ELII 95 Ton Electric Injection Molder
  • 2000 JSW J40ELII 40 Ton Electric Injection Molder
  • 1997 HPM H-730NP-80 730 Ton Injection Molder
  • 1996 HPM T500-60 Command 500 Ton Injection Molder
  • 1997 HPM MLH-400 Modular 400 Ton Injection Molder
  •  1989 Cincinnati 500 ton Injection Molder
Plastic Manufacturing Support Equipment
  • Numerous Wittman Robots
  • Numerous Yushin HOP Sprue Pickers 
  • Numerous Flow Automation Motoman Part Robots
  • Maguire 4-Color Blender with Nucon Vacuum Heads
  • Numerous Hamilton Rotogran 7.5hp Granulators
  • (2) Clemmer Resin Storage Silos 
  • Moditec Auger Granulators
  • Hamilton Granulator
  • Numerous AEC temperature Controllers
  • Advantage portable 10 Ton Chiller
  • Hamilton Resin Hoppers & Dryers
  • Numerous Parts Conveyors
  • View of Hot Runner Mold Temperature Controllers
  • Over (20) Nucon Resin Vacuum Hopper Loaders & MPI Color Additive Feeders
Plant Support
  • (2) Automated Parts Painting Systems
  • Chevalier FSG-618M Surface Grinder
  • Bridgeport Series J Vertical Milling Machine
  • View of Mezzanine & Maintenance Crib
  • (2) Ingersoll Rand 100hp Air Compressors
  • (2) Ingersoll Rand Air Dryers
  • Atlas Copco GA110-FF Air Compressor
  • (3) Nelson 5 Ton Overhead Bridge Cranes
  • Nelson 10 Ton Overhead Bridge Crane
  • Mitutoyo B231 Coordinate Measuring Machine
  • Numerous Sections of Heavy Duty Pallet Racking
  • Airtek & Eco-Smart Air Dryers


Presented in Conjunction with:
 Related Sales
South Bend Plastics
Complete Injection Molding Facility Closure
Decatur, AL USA

Available for Immeditate Sale
1996 Van Dorn 1500 Ton, Model 1500HP-165 Injection Molding Machine
Morristown, IN USA

Sale Details

Thursday January 10, 2007 at 10:00am (Eastern)
Absentee (Proxy) Bids & Accounting Contact: Laurie Leach, 203-488-7020
Equipment & Preview Contact: Please call 203-488-7020

Equipment Location and Removal Details

Mississauga, ON
Lot #s: 1-506
  Address: 590 Abilene Drive, Mississauga (Toronto), ON  Canada L5T 2T4
  Airports: Toronto (about 15 minutes away)
Hotels: Hilton Garden Inn Toronto
100 Traders Blvd.
Mississauga, ON L4Z 2H7, Canada

Homewood Suites by Hilton
6430 Edwards Blvd.
Mississauga, ON L5T 2Y3, Canada
Sales Tax/ VAT: 5% is the GST - Country (Just reduced from 6% Jan. 1, 08)
8% is the PST - Provincial
Click here to view further Canadian Tax information (PDF)
Inspection/ Preview: Wednesday January 9, 2008 from 9am to 4pm (EST).
Removal:

Please Contact Justin Standish 203-871-9264 or Jstandish@thebranfordgroup.com

  *Shipping Only:  TBD
  *Rigging/Shipping:

Western Mechanical: 160 Brock Street, Barrie, Ontario, L4N 2M4.
Contact Byen Wakeman
Phone: (705) 737-4135
Fax: (705) 737-1765
Mobile: (705) 333-1443

Redmond & Associates: 133 Pringle Drive, Whitby, ON L1N6K4.
Phone: (905) 430-8190
Fax: (905) 666-2632

Trans-Con Transport (TCT) Ltd.: 1260 Kamato Rd., Mississauga, ON L4W1Y1. Contact Viktor Golubin.
Toll Free: (800) 354-9046
Phone: (905) 361-2743
Fax: (905) 361-2753
Mobile: (416) 568-9523

United Services Group Inc.: 46 Sager Drive, Rochester, NY  14607.
Contact James Dooley.
Phone: 585-473-4820
Fax: 585-473-6212
Email: unitedservicegp@frontiernet.net

Great Lakes Rigging: 665 Millway Avenue, Unit 3, Vaughan, Ontario L1K 3T8  

Contact: Dan Baker 613-921-4770

*The Branford Group does not pack, ship, store, crate or rig items. Buyers may either pick up their items at the designated auction site personally or can arrange for a third party logistics firm to manage the removal process for them. If someone other than the registered buyer at the sale is designated to pick up those purchased assets, the buyer must: 1) Contract with an independent logistics firm or other representative who will dismantle, crate, pack, or ship your purchased items. 2) Coordinate the removal of those purchased items to meet the time deadlines indicated on this page. 3) Submit an "Agent Release Authorization" form which will allow The Branford Group to release items to a third party contractor for shipping, crating or packing purposes. *The Branford Group finds and displays one or more local logistics service providers who understand our removal process, offer specific services, and have certain skills and capacities. We offer this service to you without representations or warranties of any kind whatsoever.


 

Sale-Specific Terms Summary

Payment Deadline: Within one business day after invoice date.
Currency: USD
Language: English.
Registration Requirements: Open to the public. Free to bid onsite or via proxy form. All bidders must provide their name, company (if applicable), mailing address and phone number prior to the auction. When applicable, Electronic bidders are required to provide a valid email address and Visa, American Express or Mastercard number. At its discretion, TBG may charge a registration fee for Electronic bidding. This fee will be clearly displayed during the registration process.
Deposit: TBG requires a deposit of not less than twenty five percent (25%) of the Buyer's TOTAL PURCHASE PRICE by the end of sale day - with the balance due by the end of the next business day. This can be in the form of cash, a cashiers check, or business check with a bank letter of guarantee. For Electronic bidders, at its discretion, TBG may contact bidders via email or telephone before or during the sale to provide a bank letter of guarantee or wire transfer as a deposit. If TBG does not receive a response from its attempts to contact Buyer or if the Buyer does not provide a deposit, TBG reserves the right to refuse or cancel Buyer's bids and re-sell Goods.
Buyer's Premium: 12.5% of the purchase price for onsite buyers and 15% for webcast bidders.
Sales Tax: See each location for specific percentage. All applicable state sales taxes apply. It is the responsibility of the Buyer to provide documentation necessary for exemption or refund of sales tax paid.
Invoices & Payment Instructions: Winning bidders can request a printed paper invoice from the Accounting Manager at the sale location during or after the sale. Electronic bidders will be sent an electronic invoice (usually by the morning after the completion of the sale) to the email address provided during registration. Invoices can be faxed upon request. Detailed payment instructions for each sale are available in the printed lot catalog at the sale location on the day of the sale. Electronic bidders will be sent detailed payment instructions via email along with their invoice.
Payment Conditions: All payments must be in Cash (at the sale location, when available), Cashier's or Certified Check, Federal Wire Transfer of immediately available funds or a Corporate Check accompanied with a bank letter of guarantee. CREDIT CARDS ARE NOT ACCEPTED AS PAYMENT TOWARDS INVOICES. Credit cards are accepted only for Electronic bidding registration and for Liquidated Damages in the event of a default. Without limiting TBG's discretion, no corporate checks without a bank guarantee and no personal checks will be accepted. No title shall pass to Buyer until the total purchase price and all Taxes have been paid to TBG in collected funds.
Removal, Shipping & Logistics: The buyer (or a third party Authorized Agent contracted by the buyer) is responsible for removal of equipment by the posted Removal Date.


Detailed Sale-Specific Terms & Conditions

***Updated November 20, 2007***

TERMS OF SALE
Set forth below are the terms and conditions (the "Terms") that shall apply to any purchase by any party (a "Buyer") either directly from Branford Auctions, LLC ("TBG") or in a transaction (a "Transaction") in which TBG serves as broker, agent, liquidator or auctioneer for any third party owner. The Terms apply to all Transactions, including without limitation, public auctions conducted by TBG and direct purchases by Buyer of any item either before, after or independent of any public auction. By using or accessing any and all TBG Services and or Websites you agree your have read and understand the Terms and Conditions stated herein and are bound to these Terms and Conditions. You may not use or access any and all TBG Services if you do not agree to the Terms and Conditions stated herein. If you do not understand any or all the Terms and Conditions herein please contact TBG at 203-488-7020 for further assistance.

TERMS AND CONDITIONS

1. All machinery, equipment, merchandise and other items (the "Goods") are sold on an "AS IS/WHERE IS" basis with no warranties or representations whatsoever, either expressed or implied. Neither TBG nor the consignor makes any warranties or representations of any kind or nature with respect to the property or it's value, and in no event shall they be responsible for correctness of description, genuineness, attribution, provenance, authenticity, authorship, completeness, condition of the property or estimate of it's value. No statement (oral or written) in the catalog, at the auction, or elsewhere shall be deemed such a warranty or representation, or any assumption of responsibility. Prospective bidders are urged to contact TBG directly for detailed information regarding any lot. WITHOUT LIMITING THE GENERALITY OF THE FOREGOING, THE WARRANTIES OF FITNESS FOR A PARTICULAR PURPOSE AND MERCHANTABILITY are expressly disclaimed.

2. Registration. Buyers must register prior to bidding at any auction sale and must be of legal capacity to enter into this agreement. All bidders must provide their name, company (if applicable), mailing address and phone number prior to the auction. By registering you represent and warrant any and all Buyer Information is accurate and complete. It is solely the Buyers responsibility to maintain current Buyer Information for completeness and accuracy. TBG reserves the right to deny and or terminate Registrations at any time at its sole discretion without notification. TBG reserves the right to deny usage and access of TBG Services and Websites at any time without notice or liability to any persons or third parties. When applicable, Electronic bidders are required to provide a valid email address and Visa or Mastercard number. At its discretion, TBG may charge a registration fee for Electronic bidding. This fee will be clearly displayed during the registration process. THE BIDDER AUTHORIZES TBG TO CHARGE LIQUIDATED DAMAGES TO THE CREDIT CARD LEFT ON FILE DURING THE REGISTRATION PROCESS. (See section 9 "Default" below.)

3. Deposits. TBG requires a deposit of not less than twenty five percent (25%) of the Buyer's TOTAL PURCHASE PRICE by the end of sale day - with the balance due by the end of the next business day. This can be in the form of cash, a cashiers check, or business check with a bank letter of guarantee. For Electronic bidders, at its discretion, TBG may contact bidders via email or telephone before or during the sale to provide a bank letter of guarantee or wire transfer as a deposit. If TBG does not receive a response from its attempts to contact Buyer or if the Buyer does not provide a deposit, TBG reserves the right to refuse or cancel Buyer's bids and re-sell Goods.

4. Invoices & Payment Instructions. For Onsite and Webcast auctions, winning bidders can request a printed paper invoice from the Accounting Manager at the sale location during or after the sale. Electronic bidders will be sent an electronic invoice to the email address provided during registration. Invoices can be faxed upon request. Detailed payment instructions for each sale are available in the printed lot catalog at the sale location on the day of the sale. Electronic bidders will be sent detailed payment instructions via email along with their invoice.

5. Payments. TBG must receive the balance of the total purchase price no later than the close of business on the day following the auction (the "Final Payment Date"). All payments must be in cash, cashier's or certified check, federal wire transfer of immediately available funds or a corporate check accompanied with a bank letter of guarantee, and all of the foregoing must be in form, scope and substance acceptable to TBG. CREDIT CARDS ARE NOT ACCEPTED AS PAYMENT TOWARDS INVOICES. Credit cards are accepted only for Electronic bidding registration and for Liquidated Damages in the event of a default. Without limiting TBG's discretion, no corporate checks without a bank guarantee and no personal checks will be accepted. No title shall pass to Buyer until the total purchase price and all Taxes have been paid to TBG in collected funds.

6. Taxes. Buyer must also pay to TBG on or before the Final Payment Date, all sales, export, use and other taxes due to any federal, state or local taxing authority (the "Taxes") as a result of Buyer's purchase, including without limitation, any taxes arising from any Buyer's Premium (as defined below). To receive the benefit of any tax exemption, Buyer must supply TBG with a sales tax exemption certificate acceptable in form, scope and substance to TBG in TBG'S sole discretion.

7. Buyer's Premium. TBG in its sole discretion may impose a buyer's premium ("Buyer's Premium") on any Goods sold. The Buyer's Premium is a percentage that is added to the final purchase price of any item. For Onsite auctions, TBG shall charge and collect from each successful onsite bidder a 12.5% buyer's premium for each sale at the auction, in addition to the purchase price as bid. For Webcast and Online auctions, electronic bidders will be charged a 15% Buyer's Premium.

8. Removal. (1) Buyers or their Agents must remove all Goods purchased before the final removal date and time announced by TBG at the auction (the "Removal Date"). (2) No Goods shall be removed until the full purchase price and all applicable taxes thereon have been received by TBG in the form required herein. Any Goods not removed on or before the Removal Date shall be subject to storage charges that TBG may in its discretion impose. ANY ITEMS NOT REMOVED ON OR BEFORE THE REMOVAL DATE SHALL BE DEEMED ABANDONED AND TBG SHALL HAVE NO FURTHER OBLIGATION TO BUYER WITH RESPECT TO SUCH ITEMS. (See also #8C.)

8A. Buyer shall be responsible for the safe and proper removal of any Goods purchased by Buyer. TBG does not pack, ship, store, crate or rig items. Buyers may either pick up Goods at the designated auction site personally or can contract with a third party agent to manage the removal process for them. Before Goods can be removed by an Agent, Agent must provide TBG with (1) proof of payment in full (Paid In Full Invoice) and (2) an "Agent Release Authorization" form which allows The Branford Group to release items to a third party contractor for shipping, crating or packing purposes.

8B. Goods weighing more than 100 pounds must be removed by a qualified, insured rigger. Before any removal, Buyer must provide TBG with a certificate of insurance from the rigger, which certificate must be in form, scope and content acceptable to TBG in TBG'S sole discretion. Without limiting TBG'S discretion, such certificate must show that the rigger carries comprehensive liability insurance written by an insurance carrier of national standing and in an amount of not less than two million dollars ($2,000,000.00). Without limiting the generality of the foregoing, Buyer shall restore and repair all real and personal property that is altered or damaged as a result of Buyer's removal of the Goods. TBG shall have no responsibility to disconnect utilities to the sold asset, including electric, gas, waste and water lines. Buyer is solely responsibility to properly remove and store in appropriate containers all fluids, oils, hazardous chemicals, etc., from machinery purchased. Buyer does hereby indemnify TBG, the owner of the Goods and the owner of the premises in which the Goods are located, from any and all claims, damages, and losses arising from Buyer's actions or actions with respect to the Goods and Buyer's presence on the premises in which the Goods are located, including without limitation, injuries to persons or property and environmental violations or contamination. Risk of loss on any Goods shall pass to the Buyer upon payment in full to TBG of all sums due from Buyer in respect to the Goods.

8C. Small Lot Removal. TBG shall have no responsibility whatsoever for any missing or lost items that can be removed by hand if such items have not been removed within forty-eight (48) hours of the conclusion of the sale. There will be NO removal of any lots until the auction is complete.

9 Default. Bidders must bid only on those items they are prepared to pay for and remove in accordance with the terms and conditions of this sale. All items awarded to high bidders are contractually theirs and must be paid for by the Final Payment Date and removed by the Final Removal Date. IN THE EVENT PURCHASER FAILS TO PERFORM CONTRACTUAL OBLIGATIONS (PAYMENT AND REMOVAL) AS SPECIFIED IN THIS INVITATION TO BID, THE FOLLOWING ACTION APPLIES: PURCHASER WILL AUTOMATICALLY BE PLACED IN DEFAULT. THIS IS YOUR OFFICIAL NOTICE OF DEFAULT. Upon default, the purchaser shall lose all right, title, and interest which he/she might otherwise have acquired in and to such property as to which default has occurred. TBG will re-market and re-sell this property.

9A. Payment Default. Failure to pay invoices in full by the Final Payment Date in accordance with payment terms will subject Bidder to pay as Liquidated Damages a sum equal to the lesser o