Industrial Auction News 1075

16th December 2021 – Boring and Milling Machine Sale

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Prestige Equipment was founded in 1990. The firm holds a huge inventory of late model machine tools and specialises in the sale and procurement of fabricating and metalworking equipment, as well as complete manufacturing facilities. Prestige Equipment offers a wide range of services, including liquidations, appraisals and online and onsite auctions. With expertise in used machinery sales, Prestige Equipment is also a distributor of new machinery from Tos-Kurim, CKD-Blansko-OS and Skoda. This December Prestige Equipment is selling state of the art, large capacity multitasking milling, turning and boring machines surplus to the ongoing needs of Magna Machine.

Magna Machine was founded in 1947, initially repairing and maintaining machinery operated by paper mills in Cincinnati. The firm now specialises in building, repairing and remanufacturing machinery from a number of industries including the aerospace, automotive, chemical processing, plastics, defense, energy and mining sectors.

The online auction closes on the 16th of December. The assets, located in Cincinnati, Ohio, are available for inspection by appointment with the auctioneer only. Pre-auction offers are invited on the equipment, which includes: 2012 Union PCR160 Plus CNC floor type horizontal boring mill; 2012 Bost T4F 79” x 354” CNC horizontal turn/mill lathe; 2013 Ibarmia THC 22 Multiprocess 5-axis CNC vertical turning and milling center; 2012 Bost VTL 60 CY 157.48″/236.11″ CNC vertical turning center; Union TC-130 CNC horizontal boring mill; 2009 Parpas THS 100 5-axis CNC universal machining center; 2008 Union KCU-150 HDT CNC horizontal boring mill; Hankook Protec 9NC 37” x 157” CNC lathe and more.

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