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By Order Of:
Complete Facility Closure of a Major Custom Plastic Injection Molding Operation
(MAGP0806)


By order of secured parties
MAG Inc - Sale #1
Sale#: [MAGP0806]
Complete Facility Closure of a Major Custom Plastic Injection Molding Operation
Sale Details Links Documents (PDF)
Sale Type
Webcast & On-Location Auction

Date & Time
1-Day Tues, Aug 8, 2006 10am (Mountain time)

Sale Location
El Paso, TX USA

Equipment Location(s)
El Paso, TX USA

Absentee (Proxy) Bidder Form

Highlights
 Related Sales
MAG Inc - Sale #2
1-Day Thurs, Aug 10, 2006.
Martinsville, IN
(14) Injection Molders
  • 1996 Mitsubishi 650MMII-110, 650 Ton, 110-Oz.
  • (2) 2002 & 1998 Sumitomo SH350C, 385 Ton, 38.2oz
  • 2001 Sumitomo SH280C, 308 Ton, 38.2oz
  • (2) 1998 Sumitomo SH220A, 242 Ton, 18.8oz
  • 1998 Sumitomo SH160C, 176 Ton, 10.5oz
  • 1999 Sumitomo SH130C, 143 Ton, 8.5oz
  • 1999 Sumitomo SH100C, 110 Ton, 6.7oz
  • 1999 Sumitomo Electric SE100S, 110 Ton, 6.0oz
  • 2000 Arburg 420C 800-250, 88 Ton, 6.1oz
  • 2000 Sumitomo SH80C, 88 Ton, 1.42oz
  • 1997 Sumitomo SH50M, 55 Ton, 1.3oz
  • 2000 Arburg 221K 350-100, 38.5 Ton, 1.5oz
Support Equipment (Numerous of the following (see Prelim. Equipment List)):
  • Granulators
  • Chillers
  • Robots
  • Blenders
  • Dessicant Resin Dryers
  • Hoppers
  • Conveyors
  • Temp. & hot Runner Controllers
  • Ultrasonics Welders
  • Toolroom Machinery
  • Paint Line & Equipment
  • Quality Control
  • Forklifts
  • Air Compressors
  • Pallet Racking
  • Vehicles
  • Office Funiture

Sale Details
Tuesday, August 8, 2006 at 10:00 AM (Mountain) [12:00 Noon Eastern]
Absentee (Proxy) Bids & Accounting Contact: Laurie Leach, 203-488-7020
Equipment & Preview Contact: Scott Lonkart, 203-488-7020
Hotels:
Comfort Inn - 915-584-2026
949 Sunland Park Drive. El Paso, TX 
Microtel Inn & Suites - 915-587-5300
6185 S. Desert Blvd. El Paso, TX 
Presented in conjunction with:
  

Equipment Location Details
El Paso, TX
Lot #s: ALL
Address: 1855 Northwestern Drive, Suite B. El Paso, TX 79912
Sales Tax/ VAT: 8.25 Percent.
Inspection/ Preview: Day before (August 7) & morning of the sale from 9am to 4pm (Local Time). Contact Brian Garfield at 203-915-5285.
Removal: 8am to 4pm Wed August 9th Thru Friday August 18th. August 14th-18th will be by appointment only. Please contact Brandon Girard at 203-687-6443.  There is no removal on Saturdays or Sundays.

Sale-Specific Shipping & Logistics
Local Service Providers*

Rigging:
Bill Fiske
Southwestern Industrial Contractors & Riggers, Inc.
7155 Industrial Ave.
El Paso, TX 79915
Phone: (915) 779-3931
Fax: (915) 779-3920
Email: billfiske@southwesternindustrial.com
Website: http://www.southwesternindustrial.com
Phillip Pruett
Alliance Riggers & Constructors, Ltd.
1200 Kastrin
El Paso, TX 79907
Phone: (915) 591-4513
E-mail:  Allianceriggers@sbcglobal.net
Ricky Chavez
Permian Machinery Movers
9270 Gateway Blvd E,
El Paso, TX
(915) 858-3555
E-Mail:  Jmedinapmmi@yahoo.com

*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: US Dollars.
Language: English.
Registration Requirements: Open to the public. Free to bid onsite, via webcast or proxy form.
Deposit: A 25% deposit of the buyer's purchases is due at the close of the sale with the balance due by the end of the next business day.
Buyer's Premium: NOTE: This has recently changed.
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.
Payment Conditions: Cash (at the sale location), Wire transfers, Company check with bank letter of guarantee, Cashier's check, Money order.
Shipping & Logistics: The buyer (or a third party Authorized Agent contracted by the buyer) is responsible for removal of equipment.

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