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                                            Global Online Auction

                                            SURPLUS TO THE ONGOING OPERATIONS OF MIDSTATE MACHINE - LATE MODEL CNC LATHES, TOSHIBA CNC HORIZONTAL BORING MILLS AND OLYMPIA CNC VERTICAL BORING MILLS

                                            Auction Info

                                            Featuring: • 2011 Hankook Dynaturn 1700 CNC Lathe with Fanuc 21i-TB CNC • Dainichi H-NC 160x400 63" x 157" CNC Lathe with Fanuc 21i-T CNC (Retrofit 2008) • 2007 Toshiba BTD-13F.R22 CNC Horizontal Boring Mill • Toshiba BP-130.R22 CNC Horizontal Boring Mill • Olympia V80 CNC Vertical Boring Mill • Olympia V60 CNC Vertical Boring Mill


                                            Terms & Conditions

                                            Auction Dates

                                            Starts
                                            Wednesday, March 4, 2020 - 1:00pm (EDT)
                                            Ends
                                            Thursday, March 26, 2020 - 1:00pm (EDT)

                                            Auction Type

                                            Global Online Auction

                                            Location

                                            Cincinnati, OH

                                            Description

                                            SURPLUS TO THE ONGOING OPERATIONS OF MIDSTATE MACHINE - LATE MODEL CNC LATHES, TOSHIBA CNC HORIZONTAL BORING MILLS AND OLYMPIA CNC VERTICAL BORING MILLS

                                            Featuring

                                            CNC LATHES
                                            2011 67" x 196" Hankook Dynaturn 1700 CNC Heavy Duty Lathe, Fanuc 21i-TB CNC Control, 66.93" Swing, 196.85" Between Centers, 63" 4-Jaw Chuck, 26,455 Lbs. Weight Capacity Between Centers, 500 RPM, Tailstock, Steady Rest, 60 HP, S/N 42G09287 - Click Here To View Under Power
                                            63" x 157" Dainichi H/NC 160×400 CNC Heavy Duty Lathe, Fanuc 21i-T CNC Control (Retrofit 2008), 63" Swing, 157.5" Between Centers, 48" 4-Jaw Chuck, 44,000 Lbs. Weight Capacity Between Centers, 500 RPM, 4.09" Spindle Bore, Tailstock, Steady Rest, 73 HP, S/N 18752 - Click Here To View Under Power

                                            TOSHIBA CNC HORIZONTAL BORING MILLS
                                            2007 Toshiba BTD-13F.R22 CNC Table Type Horizontal Boring Mill, Tosnuc 888 CNC, 5.12" Spindle, X-118.11″, Y-90.55″, Z-63″, W-27.55″, 70.8" x 86.6" B-Axis Rotary Table, 360,000 Positions, 44,000 Lbs. Table Capacity, 60 ATC, Thru Spindle Coolant, Chip Conveyor, 40 HP, S/N 145089 - Click Here To View Under Power
                                            Toshiba BP130.R22 CNC Table Type Horizontal Boring Mill, Tosnuc 888 CNC, 5.12" Spindle, X-137", Y-90", Z-27.5", W-63", 70.8" x 86.6" B-Axis Rotary Table, 360,000 Positions, 44,000 Lbs. Table Cap., 5-2500 RPM, 38 ATC (Non Operational), Thru Spindle Coolant, Chip Conveyor, 40 HP, 1999, S/N 130271 - Click Here To View Under Power

                                            CNC VERTICAL BORING MILLS
                                            66" Olympia V60 CNC Vertical Boring Mill, GE Fanuc 16i-M CNC Control, 66" Table Dia., 70" Max. Swing, 62" Max Height Under Rail, 33,000 Lbs. Table Cap., 1-350 RPM, 12 ATC, Chip Conveyor, 75 HP, S/N OE-99-315 - Click Here To View Under Power
                                            80" Olympia V80 CNC Vertical Boring Mill, GE Fanuc 18i-T CNC Control, 78.5" Table Dia., 86.6" Max. Swing, 62" Max Height Under Rail, 44,000 Lbs. Table Cap. 1-280 RPM, 12 ATC, Chip Conveyor, 75 HP, S/N OE-99-520 - Click Here To View Under Power

                                            In Conjunction With Prestige Auctions & Maynards Industries

                                            Registration Info

                                            INSTRUCTIONS TO BID
                                            BIDDERS MUST AGREE TO ALL TERMS & CONDITIONS
                                            ONSITE & INTERNET BIDDERS
                                            All internet bidders must register for this auction at least 72-HOURS PRIOR TO SALE DATE.
                                            DEPOSIT REQUIREMENTS FOR ONLINE BIDDERS:
                                            Minimum: $2,500 required which allows a spending limit of $10,000.
                                            If you are planning on spending above $10,000 you will need to deposit 25% of your maximum anticipated spending. (This will allow a spending limit up to 4 times the deposit amount sent)

                                            Example: $5,000 deposit = allows up to $20,000

                                            You will only be allowed to bid up to 4 times your deposit amount so please estimate your deposit accurately. We will restrict any bidding beyond the above.

                                            Forms of payment for online deposits:

                                            1. CASHIER'S CHECK made out to Biditup Auctions Worldwide and delivered to our office prior to the sale 2301 Belgrave Ave, Huntington Park, CA 90255

                                            2. WIRE TRANSFER Please Note - All wire transfers payments must include an additional $30 domestic & $45 international wire transfer fee - incoming & outgoing Please contact our office for current wire information 818.508.7034 or email wire instruction request to SHAWN@BIDITUP.COM.

                                            We do not accept company checks or credit cards, NO EXCEPTIONS.
                                             
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                                            ALL DEPOSIT REFUNDS WILL BE RETURNED IN THE SAME METHOD OF DEPOSIT THAT WAS RECEIVED, WITHIN 5-7 BUSINESS DAYS.
                                            PROXY BIDDERS
                                            All proxy bidders must register for this auction at least 48-HOURS PRIOR TO SALE DATE.
                                            All proxy bidders must post a 25% deposit of your planned spending budget in the form of a WIRE TRANSFER, ACH or Cashier's Check made out to BIDITUP AUCTIONS WORLDWIDE with a $2,500 MINIMUM DEPOSIT in order to be approved to bid.
                                            Please Note - All wire transfers payments must include an additional $30 domestic & $45 international wire transfer fee - incoming & outgoing Please contact our office for current wire information 818.508.7034 or email wire instruction request to SHAWN@BIDITUP.COM

                                            Payment Info

                                            * All Items Subject to Seller's Acceptance of Online Bids *

                                            BUYER'S PREMIUM

                                            ONLINE: 18%

                                            Acceptable Payment Methods:
                                            1. Cash
                                            2. Cashier's Check
                                            3. Wire Transfer

                                            Auctioneer must approve all payment methods prior to bidding.

                                            Removal Info

                                            • Removal dates: Last Day For Removal is April 17th. No Exceptions
                                            • Removal times 8:00 AM - 4:00 PM Monday through Friday.
                                            • No items released until payment is received in full.

                                            Please note: BidItUp is not affiliated with any machinery rigging, transport or export company. The names and contact information of available companies are provided solely as a courtesy to our buyers. BidItUp does not endorse or guarantee the services of any machinery rigging, transport or export company, and cannot be held responsible for any damage or other problems incurred as a result of the actions of those companies. We encourage buyers to employ the service provider of their choice, provided they can supply BidItUp with the required forms and insurance certificates.

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