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By Order Of:
Short Notice Sale! Please Note: Date Change!
Complete Plant Closure: Toolroom, Maintenance, Plant Support Equipment, Forklifts...
(META0210)


Per order of the U.S. Bankruptcy court for the Southern District of New York, Case #09-13412:
Surplus Assets of a Major Tier 1 Automotive Supplier
Sale#: [META0210] 

Short Notice Sale!
Complete Plant Closure: Toolroom, Maintenance, Plant Support Equipment, Forklifts...

Sale Details Links Documents (PDF)
Auction Type
Online

Date & Time
Please Note: Date Change! Starts: Thurs. February 11, 2010 at 9:00am (EST)

Closing Begins: Fri. February 12, 2010 at 11:00am (EST)

Inspection/Preview
Thurs. February 11, 2010 from 9:00am - 4:00pm (EST). Contact Mark Pollack (847) 204-4947

Sale Location
Middleville, MI USA

Equipment Location(s)
Middleville, MI USA

Currency

USD

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


Absentee (Proxy) Bidder Form

Featured Items

  • Complete Toolroom
  • Maintenance Deparment
  • Forklifts
  • Material Handling
  • Pallet Racking
  • Tooling
  • & Much More...

Sale Details

Bidding begins Thursday, February 11, 2010 at 9:00am (EST) until lots begin to close Friday, February 12, 2010 starting at 11:00am (EST).
Absentee (Proxy) Bids & Accounting Contact: Please call 203-488-7020
Equipment & Preview Contact: Contact Mark Pollack at (847) 204-4947

Equipment Location and Removal Details

Middleville, MI USA
Lot #s: 1 - 492

Address: 39 State St., Middleville, MI 49333
Sales Tax:

6% MI
We will charge Sales tax until we are supplied
with a resale or manufacturing certificate Sales Tax Certificates

NOTE: There is NO exemption if the buyer ships out of state. Buyer takes possession in MI and will not be refunded if you supply us with your Bill of Lading.   TBG is not the shipper.

Inspection/ Preview: Thursday, February 11, 2010 from 9:00am - 4:00pm (EST)
Contact Mark Pollack (847) 204-4947.
Removal: All items must be removed by Thursday, February 25th. No Exceptions!
Contact Mark Pollack (847) 204-4947.

*Shipping Only:

Navis Pack & Ship
22870 Venture, Novi MI 48375
Contact: Ross Gilmore (248) 692-0007 or (248) 568-2752
MI1053@gonavis.com
www.gonavis.com


*Rigging/Shipping: Phoenix Machinery Movers
50555 Corporate, Shelby Twp MI 48315
Contact: Joe Santamaria (586) 731-9100 or (810) 217-5112
joe@phoenixmachinerymovers.com
www.phoenixmachinerymovers.com

Judd Industrial Contracting Inc.
17900 Ryan Road, Detroit MI 48212
Contact: Pete Moceri or Jane McClintic
(313) 892-6300 or (248) 939-7543
janemcclintic@juddindustrial.com
www.juddindustrial.com

Britton Services
1800 West Chrysler Drive, Belvidere IL 61008
Contact: Kevin Hosom (815) 519-5008
keh@brittonsi.com
www.brittonsi.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 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, TBG will 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: Buyers are charged a discounted 15% BP paying via Cash, Cashiers Check, Company Check or Wire Transfer or 18% for buyers paying 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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