Maynards is selling assets from a diamond chain manufacturing facility operated by The Timken Company. The assets come to the market due to plant closure.
The Timken Company manufactures engineered bearings and power industrial motion products including drives, chains, belts, automatic lubrication systems, couplings, industrial clutches and brakes. The firm supplies products to a broad range of industry sectors including the food and beverage, energy, marine, mining and automotive industries.
The assets will be sold in a webcast auction on the 18th of January and an online auction closing on the 19th of January. Assets available in the webcast auction include: Jern Yao #JBF-19B3S 3-die 3-blow bolt former, 400 ton Bliss #SC2-400-84-48 straight side double crank press, 350 ton Cleveland #SS1-42-42 straight side single crank press, 150 ton Niagara #S2-150 straight side double crank press, 75 ton Minster #7SS OBI press, 45 ton Minster #5SS fixed base/gap frame press, Denison hydraulic presses to 35 ton capacity, Automatic Feed Co #64660 coil cradle straighteners, Vamco #CC13 Servo Feeds, Vam Mark 6 control rapid air reel/straightener combinations, Fastener Engineers #BW-875 butt welder, Drawing Technology Inc #5830-90TE in-line wire drawer and much more. Assets available in the webcast auction include: Sunnen #MBB-1660 precision hone, Trinco #36/400PT blast cabinet and dust collector, Bridgeport vertical mill, Enerpac hydraulic power unit and lift cylinders and more. The equipment is located in Indianapolis, Indiana.
Global auctioneering firm Maynards was first established in Vancouver in 1902. Maynards has global reach through their offices in the United States, Canada, Germany, England, Japan and China and provides liquidation and valuation services to a broad range of industry sectors.
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