Miedema’s Orbitbid is selling a large offering of vertical machining centers, milling machines and other equipment from Paramount Tool & Die Inc. The assets come to the market following the closure of the firm after 24 years in business.

Paramount Tool & Die Inc. was founded in 1997. The firm specialises in plastic injection molds, tight tolerance machining, industrial tooling, trim dies and die cast dies.

Bidding on lots in the online auction will close on the 21st of December. Equipment available in the sale includes: 2017 Haas VF-8 VMC, 2013 Haas VF-5XT VMC, 2011 Haas VM-3 VMC, 2005 Haas VF-6 VMC, 2000 Haas VF-0 VMC, 2014 Toshiba BTD-200ZQ CNC horizontal boring mill, 4-Post hydraulic mold press, 2004 Agie Advance 4 EDM, 2004 Erowa robot system, Acer AGS-1224AHD surface grinder, Carlton radial arm drill, Acer vertical milling machine, Bridgeport vertical milling machine and more. The assets are located in Marne, Michigan and are available for preview the day before the auction.

West Michigan based live auction house Miedema Auctioneering and Appraisals Inc. was established in 1984 and incorporated in 1987. The firm conducts auctions for a wide range of industries, selling industrial, agricultural and construction equipment as well as real estate sales across the United States. In 2000 Miedema Auctioneering and Appraisals Inc. expanded to offer online auction services. With their continued expansion over the years, the firm have developed a group of dedicated auction companies. is one of this group, specialising in internet auctions.

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