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By Order Of:
Two Day Live On-Site & Webcast Auction
Major Plastic Horticulture Product Manufacturer
Over (300) Planter Molds
Late Model Injection Molders & Support Equipment
(DURA0610)


By order of the United States Bankruptcy Court
For the Northern District of Illinois, Eastern Division Case # 08-31353

Duraco Products Inc.
Sale#: [DURA0610]

Two Day Live On-Site & Webcast Auction
Major Plastic Horticulture Product Manufacturer
Over (300) Planter Molds
Late Model Injection Molders & Support Equipment

Sale Details Links Documents (PDF)
Auction Type
Webcast & On-Location

Date & Time
Day 1: Wed. June 23, 2010 at 9:00am (CDT)
Day 2: Thur. June 24, 2010 at 9:00am (CDT)

Inspection/Preview
Mon. June 21, 2010 and Tues. June 22, 2010 from 9:00am - 4:00pm

Sale Location
Streamwood, IL USA

Equipment Location(s)
Streamwood, IL USA

Currency

USD

Buyers Premium
A discounted 15% BP paying via Cash, Cashiers Check, Company Check or Wire transfer or 18% BP for buyers paying via Credit Card


Absentee (Proxy) Bidder Form

Featured Items

Molds
  • Over (300) Planter & Horticulture Plastic Product Injection Molds
  • Numerous Multiple Cavity & Family Molds
  • Majority Built in Europe
  • Very Late Product Lines Sold in Major Chains throughout North America
Inventory
  • Estimated over $2,000,000 in Retail Goods
  • Planters, Urns, Planter Boxes, Bird Feeders & Much More.
  • Product Currently Sold in Major Chains and Big Box Stores throughout North America
  • Numerous Truckloads of Finished Goods
Plastics Equipment
  • (2) 2002 Ferromatik Milacron Maxima MM 580 Ton, 116 oz Shot
  • 2002 Ferromatik Milacron Maxima MM 450 Ton, 46 oz Shot
  • (2) 2001 Ferromatik Milacron Maxima 880 Ton, 232 oz Shot
  • 2000 Ferromatik Milacron Magna MT 310 Ton, 36 oz Shot
  • (3) 1997 Van Dorn 650HT-125 HT Series, 650 Ton, 125 oz Shot
  • (3) 1997 & 1995 Van Dorn 500 HT80F HT Series, 500 Ton, 80 oz Shot
  • 1998 Van Dorn 400 HT-28 HT Series, 400 Ton, 28 oz Shot
  • 1998 Van Dorn Demag 300 HT-40 HT Series, 300 Ton, 40 oz Shot
  • 1995 Van Dorn 300 HT30F HT Series, 300 Ton, 30 oz Shot
  • (3) Cincinnati Milacron 500 Ton, 48 oz Shot, updated controllers
  • (2) Cumberland 75 Hp Granulators
  • (2) MaGuire Blenders
Machine Tools
  • Vertical Milling Machines
  • Lathes
  • Surface Grinders
  • EDM’s
  • Saws
  • Tooling & More
Raw Material (Resin)
  • Aproximately 30,000 #’s of Virgin BCPP
  • 3,000 #’s of Virgin Styrene Acrylic
  • 10,500 #’s of Polystyrene Crystal Poly
  • Approximately 55,000 #’s of Regrind
  • Approximately 70,000 #’s in Plastic and Rubber Scrap
Plant Support & Material Handling
  • Numerous LPG & Electric Forklifts by Crown, Clark, & Toyota
  • (2) Crown Narrow Aisle Order Pickers
  • Over (1000) Bays of Pallet Racking
  • Complete Finished Goods Conveyor & Sorting System
  • Over (20) Van Trailers
  • Yard Tractor
  • Ingersoll Rand Air Compressors
  • Numerous Lantech Pallet Shrink Wrapping Machines

Presented in Conjuction with:
 

Sale Details

Two day sale on Wednesday June 23, 2010 starting at 9:00am (CDT) and Thursday June 24, 2010 starting at 9:00am (CDT).
Absentee (Proxy) Bids & Accounting Contact: Please call 203-488-7020
Equipment & Preview Contact: Please call 203-488-7020
Auction House License # AH21000001
Auctioneer License # AU10600004

Equipment Location and Removal Details

Streamwood, IL USA
Lot #s: Day One:
Molds, Lots 1 to 283
Resin & Raw Material, Lots 475 to 536
Pallets, Pallet Racking, Plant Support, Office, Lots 1913 to 2129

Day Two:
Plastics Machinery, Toolroom, Forklifts, Plant Support, Lots 1000 to 1912

Address: 1109 E. Lake Street, Streamwood, IL 60107

Please Note: When entering the auction address on a GPS, please enter as follows: 1109 E. Lake Street, Hanover Park, IL 60107
Sales Tax:

0% Occasional Sale. 
Duraco Products Inc. 1109 E. Lake St. Streamwood, IL 60107

Inspection/ Preview: Mon. June 21, 2010 and Tues. June 22, 2010 from 9:00am - 4:00pm 
Removal: All items must be removed by Friday, July 9, 2010.
Removal will be from Friday, June 28 until Friday, July 9, 2010. 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 or Monday, July 5.

*Shipping Only: Trans-Logistics Managment Services, Inc.
Contact: Dick Mowles (904) 821-0322 or (904) 705-9512
jrm@gotlms.com
www.gotlms.com

Chicago Export Packing
Contact: Mike Costantini (773) 247-8910 or (312) 590-8940
Mike.Costantini@ChicagoExport.com
www.chicagoexport.com

Convoy Logistics Providers (Freight Forwarders)
Contact: Philip Fernandes (416) 849-3461 or (647) 271 8942
philipf@convoylogistics.ca
www.convoylogistics.ca


*Rigging/Shipping: Britton Services, Inc.
Contact: John Nicoli (815) 547-752 or (630) 833-7366
JFN@brittonsi.com
www.brittonsi.com

Progressive Industrial Corporation
Contact: Russ Trego (615) 843-0559
russ@proindcorp.com

Precision Industrial Contractors, Inc.
Contact: Steve Miles (360) 225-7955 or (360) 901-6589
steve@picateam.com
www.picateam.com

Northern Illinois Machinery
Contact: Jeremy Bianchi or Mark Bianchi
(708) 469-9829 or (847) 514-2124
JeremyFFI@yahoo.com

H & H Machinery Moving, Inc.
Contact: Jeff Hopkins (815) 467-1460 or (815) 791-5542
jeff@hhmachinerymovers.com
www.hhmachinerymovers.com

Chicago Industrial Services Inc.
Contact: Val Striev (847) 845-7255
Cis2004@comcast.net
www.ciswebsite.com

Rameco International
Contact: Raphael Bershadsky (708) 204-6110 or (773) 626-3366
ramecoinc@sbcglobal.net

AAA Rigging & Moving
Contact: Alan Vickers (931) 581-1523
alan@aaariggingandmoving.com
www.aaariggingandmoving.com

R-N-R Fabrication
Contact: Roger Youmans (937) 968-3111 or (937) 459-7463
rnrfab@yahoo.com

Diamond Rigging Corporation
Contact: Tim Murtaugh (630) 879-6500 or (630) 330-1528
tmurtaugh@diamondrigging.com
www.diamondrigging.com

Clover Associates, Inc. dba Clover Machinery Movers
Contact: Eric Denison (574) 255-3195 or (574) 220-9513
tcasper@machinerymovers.biz

*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 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: A discounted Buyer’s Premium of 15% of the bid price will be added to the bid price for each lot for buyers who pay in the form of cash, cashier’s check, company check (with a letter of guarantee), ACH or wire transfer; the full buyer’s premium of 18% shall apply for buyers who pay via credit card.
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: 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 accepted for payment, Electronic bidding registration and for Liquidated Damages in the event of a default. If paying by credit card, the exchange rate for sales conducted in foreign currencies will be posted the day of the sale and will be based upon the current currency conversion rates. 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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