2nd March 2023 – Worm Gear Manufacturing Facility for Auction

Corporate Assets Inc. is selling assets from a worm gear manufacturing facility operated by Duragear Limited. The auction is held in conjunction with Machine Tool Bids.

Duragear Limited was founded in 1968 and specialises in the supply of OEM worm gear actuators to the quarter turn valve industry for the buried service, submersible service sectors and for use in military/naval and motorized applications.

The live webcast auction will be held on the 2nd of March and features: Haas (2012) VF-5 CNC vertical machining center, Top Tech CNC 1580 4-axis CNC vertical machining center, KT Kearney & Trecker 1300V CNC vertical machining centers, Daewoo Puma 300S twin spindle CNC turning center, Haas (2013) ST30 CNC turning center, Mori Seiki  SL-250BMC CNC live milling and turning center, Fellows No.7 high speed gear shaper, Lee-Bradner thread mill, Lodge & Shipley 14” lathe, Hyd-Mech H-12A horizontal band saw, Polymat- Stuhlman POL.50 key seater, Lapointe HP/30 hydraulic broaching machine, factory support equipment, material handling equipment and much more.

The assets are located in Ontario, Canada and can be inspected on the 1st of March or by appointment with the auctioneer.

International industrial auction, asset management and appraisal expert Corporate Assets Inc. provides services to clients ranging from private sector to Fortune 500 businesses. With offices in the United States and Canada, Corporate Assets Inc. conducts more than 100 sales and liquidations annually, linking buyers and sellers across the globe.

For further information about this, or any other Corporate Assets Inc. auction, please visit: