Industrial Auction News 295

24th March 2020 – Auction of Machining and Fabrication Equipment

Infinity Asset Solutions has more than 85 years of experience in the valuation, disposition and acquisition of assets across a wide range of industries. Infinity Asset Solutions will sell fabrication and machining equipment formerly of Metamag Inc.

Metamag Magnesium Equipment was established as a privately-owned company in 1979. The company specialises in the development and manufacture of magnesium handling equipment, including crucibles, furnaces, magnesium pre-heaters and remelt and recycling equipment. Their products are supplied to manufacturers across North America, Asia and Europe.

The online auction will take place on the 24th of March. The assets can be inspected on the 23rd of March, or by appointment. Items featured in the sale include: Lathes and milling machines including: Megaturn CNL-1740 CNC lathe; Modern 560×2000 lathe; Milltronics VKM4 CNC Milling Machine; Adcock & Shipley vertical milling machine. Machitech plasma cutting table. Darbert hydraulic press brake; Cincinnati shear; Pirhana P3 ironworker; Scotchman cold saw; Huth hydraulic tube bender; Quantum die cast machine; radial drill. Metamag magnesium recycling system, Metamag WIP and refurbished furnace systems, gas fired furnaces, preheaters, melt and holding furnaces, mixing systems, test panels, transfer systems and elevators/conveyors. Plant support equipment including: presses, hand tools, welding tables and supplies, vices, metal cabinets and workbenches.

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