Please Note: You are viewing a past auction!

Magnetics, Division of Spang & Company

05/27/2020

10:00 AM

Day Prior from 10:00 AM to 4:00 PM

Online Only Surplus Equipment to Electrical Inductor Company Including DCM Rotary Surface Grinder, Toolroom Machinery, Power Test System, Transformer Foil Winder, Fabrication Machinery, Inspection Equipment & More

Toolroom and Fabricating Equipment

  • DCM Tech IG-180 Rotary Surface Grinder
  • 14” x 40” Sharp 1440F Toolroom Lathe w/ DRO
  • 1.5 HP Bridgeport Variable Speed Vertical Mill w/ DRO
  • 20” Clausing Series 22V Single Spindle Floor Drill
  • 4’ National 4812 Hand Finger Brake
  • 10 Ga. x 6’ Niagara Power Shear
  • Misc. Machinery, Tooling and Related

Tensile Tester, Electronic Test, Lab Equipment

  • 20,000 Lb. Instron Model 1125 Tensile Tester
  • (2) Gorman Productor II Wire Winding Machine
  • Electronic Test Equipment
  • Lab Equipment, Microscopes, Inspection Tools, Lab Oven

Foil Winder and Misc. Machinery

  • 14” Micro-Tool T-236 Foil Assembly Winding Machine
  • Anpak TP1824A Heat Seal Packing Machine
  • Maintenance Machinery
  • Shop and Support Equipment

GENERAL INFO

Buyer’s Premium: 18% in effect for all purchases

Times Posted: All posted Auction start or ending times are local at the address for the Auction. For example, if the auction is in New York time is Eastern, Chicago time is Central, California time is Pacific.

STEPS FOR BIDDER APPROVAL

Step 1: Register to bid via the “Bid Online” link above.

Step 2: You will receive an email from a representative at CIA Industrial (search @cia-industrial in your inbox or spam). We will send these forms out starting about 2 weeks prior to the Auction date every morning and evening.

Step 3: The email from the CIA Industrial rep will contain forms to fill out which can either be signed digitally via Sign Now or printed and scanned/faxed back.

  • If you are located inside the U.S. fill out the information on the forms that you have readily available, and documentation agreeing to the removal terms. If you don’t have some of the information, just put N/A and we will contact you if we decide we need more.
  • If you are located outside the U.S. or have NEGATIVE FEEDBACK on your profile you will need to provide a deposit. Information on how to make this deposit will be included in the email from the CIA Industrial rep. These deposits are refundable if no purchases are made at the Auction and will be returned within 48 hours.

Once we receive the returned forms or required deposit, we will approve you to bid.

CIA Industrial reserves the right to reject Bidders at their sole discretion.

Auctioneers:

Cincinnati Industrial Auctioneers, Inc. – PA License No. AY002219
Jeffrey L. Luggen –PA License No. AU003274R
Joseph M. Luggen – PA License No. AU005954

Removal information will be posted approx. 2 weeks before each sale, please check back then. If you have any questions that need to be answered prior to that please call or email us.

Payment Information

Accepted methods of payment for deposits and invoices

Terms & Conditions

All bidders and attendees must agree to these terms of sale

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