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

By order of secured parties
MAG Inc - Sale #2
Sale#: [MAG20806]

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 Thurs, Aug 10, 2006 10am (Eastern time)

Sale Location
Martinsville, IN USA

Equipment Location(s)
Martinsville, IN USA

Absentee (Proxy) Bidder Form


 Related Sales
MAG Inc - Sale #1
1-Day Tues, Aug 8, 2006.
El Paso, TX
(11) Injection Molders
  • 2000 Sumitomo 110-Ton Model SH100C, 6.7 oz
  • (2) 2000 Sumitomo 385-Ton Model SH350C, 38.2 oz
  • 1999 Sumitomo 308-Ton Model SH280C, 32.9 oz.
  • (2) 1998 Sumitomo 88-Ton Model SH80M, 4.9 oz
  • (2) 1998 Sumitomo 110-Ton Model SH100A, 6.7 oz
  • (2) 1992 & 1993 Mitsubishi 180-Ton Model 180MJ-18, 17 oz
  • 1992 Mitsubishi 610-Ton Model 610MJ-110, 101.9
Support Equipment (Numerous of the following (see Prelim. Equipment List)):
  • Granulators
  • Chillers
  • Robots
  • Blenders
  • Desiccant Resin Dryers
  • Hoppers
  • Conveyors
  • Temp. & hot Runner Controllers
  • Ultrasonic Welders
  • Toolroom Machinery
  • Quality Control
  • Forklifts
  • Air Compressors
  • Pallet Racking
  • Vehicles
  • Office Furniture

Sale Details

Thursday, August 10, 2006 at 10:00 AM (Eastern)
Absentee (Proxy) Bids & Accounting Contact: Laurie Leach, 203-488-7020
Equipment & Preview Contact: Scott Lonkart, 203-488-7020
Presented in conjunction with:

Equipment Location Details

Martinsville, IN
Lot #s: ALL
Address: 30 Robb Hill Rd. Martinsville, IN 46151
Sales Tax/ VAT: 6 Percent.
Inspection/ Preview: Day before (August 9) & morning of the sale from 9am to 4pm (Local Time). Contact Brian Garfield at 203-915-5285.

Friday, August 11, 2006 until Friday, August 25, 2006.  Removal hours will be from 8:00 a.m. until 4:00 p.m., Monday Through Friday.  There will be no removal on Saturday and Sunday.  Please contact David Smith with any questions 203-907-8546

Sale-Specific Shipping & Logistics

Local Service Providers*

Thomas Plastic Machinery Inc. Scottsburg, 812-752-9094
Graphic Equipment Movers,  Gallatin, TN, Contact Connie Vincent @ 615-452-7663
Tri-State Mechanical & Machinery Moving. Henderson, KY. Dwaine Oatts - Office: 270-832-9768. Cell: 270-454-3658
*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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