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By Order Of:
High Quality Mfr. of Printed Circuits
Domestic Manufacturing Facility Closure
(GEOM0508)


By order of:
Geometric Circuits, Inc.
                   
Sale#: [GEOM0508]

High Quality Mfr. of Printed Circuits
Domestic Manufacturing Facility Closure
 
Sale Details Links Documents (PDF)
Auction Type
Webcast & On-Location Auction

Date & Time
1-Day, Thur. May 8, at 10:00am  (EST)

Sale Location
Farmingdale, NY USA

Equipment Location(s)
Farmingdale, NY USA

Currency
USD

Buyers Premium
15% for Onsite buyers paying via credit card discounted to 12.5% paying via Cash, Certified Check, Company Check or Wire transfer

18% for Online/Webcast buyers paying via credit card discounted to 15% paying via Cash, Certified Check, Company Check or Wire transfer


Absentee (Proxy) Bidder Form

Featured Items

PCB Machinery Highlights
  • 1998 Pluritec Giga-8 CNC Drilling Machine,110k
  • 1993 Pluritec Multistation-4 CNC Drilling Machine, Autoload
  • 2000 Accu-Score AS-150-JE CNC Scoring Machine
  • 2000 Accu-Score A-150-J (Large Format)
  • 1999 Pluritec Mega CNC Router
  • (2) Pluritec Multipla 2-Spindle CNC Drilling Machines
  • 1998 IS SBW Small Parts Washer
  • 1999 (2) AWT Semi-Auto Screen Printers
  • 1997 Circuit Automation DP-5000 Screen Coater & TC-5000 Oven
  • Olec 8kw Exposure Printer & Rite Temp Chiller
  • 1998 IS Titanium Chamber DES Line
  • 1998 IS Scrubbex Scrubber
  • 1998 IS Conveyorized Desmear Line
  • FSL Shadow Process Line
  • 1998 IS Scrubbex Scrubber & Pumiflex Scrubber (AL Oxide)
  • Morton 1600 D Auto Dry Film Cut Sheet Laminator
  • Multiline Semi Auto Artwork Punch
  • Olec 5kw Exposure Unit Printer
  • 2001 EIE Laser Photo Plotter
  • Barco Accumatch AOI
  • Multiline PE Post Etch Punch
  • Optek Vision Inspection & Measuring System
  • (2) Precise 2S Double Sided Bare Board Grid Testers
  • 2005 EIE Legend Printer
  • Polar CITS 500 Impedance Tester
  • Eidschun Auto CU Plating Line
  • Argus Vertical HASL
  • Waste Treatment
  • Spare Parts
Plant Support Highlights
  • (2) Gardner Electra Screw Air Compressors
  • Air Dryers
  • IR 100 HP Rotary Screw Air Compressor
  • TCM 3800 Lb. Forklift
  • Complete Machine Shop
  • Lab Equipment & QC Gauges
  • Office Furniture & Business Machines
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Sale Details

Thursday May 8, 2008 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

Farmingdale, NY
Lot #s: 1-294
  Address: 11 Michael Ave., Farmingdale, (Long Island) NY 11735
Sales Tax/ VAT:

8.625% in NY.  We will charge Sales tax until we are supplied
with a resale certificate Sales Tax Certificates or supply us
with a bill of lading and we can refund your sales tax.

Inspection/ Preview: Wednesday May 7, 2008 from 9am to 4pm (EST).
Removal:

All items must be removed by Friday May 23 at 4:00pm. 

  *Shipping Only: TBD
  *Rigging/Shipping: Jan Packaging / Rigging & Export Crating, Inc.:
100 Harrison Street, Dover, New Jersey
Contact: Lee Jay Ellison
Phone: ( 973 )-332-0948
Email: boxednyc@aol.com
www.janpackaging.com

Mitchell Machinery Moving: 90 Court Street, Copiague, NY 11726
Contact: Mitchell Greenspan (516) 541-3924 or
mgreen2334@aol.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: 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 reserves the right to qualify and request a deposit upon registration and prior to bidding of not less than twenty five percent (25%) of the On-site Buyer's intended TOTAL PURCHASE PRICE 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 Buyers, 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.  Payment in full of the Buyer’s TOTAL PURCHASE PRICE less any deposit provided is expected within 24 hours of receipt of the invoice.

Buyer's Premium: 15% for Onsite buyers paying via credit card discounted to 12.5% paying via Cash, Certified Check, Company Check or Wire transfer
18% for Online/Webcast buyers paying via credit card discounted to 15% paying via Cash, Certified Check, Company Check or Wire transfer
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.

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