Industrial Auction News 890

1st October 2020 – Auction of CNC Machining Centers & Lathes from Cormer Group Industries

Auction and appraisal expert BidItUp is a division of Industrial Assets Corporation. The asset liquidation and equipment appraisal specialist offers flexible and technologically advanced asset management solutions to meet the needs of businesses across a broad range of industry sectors. BidItUp conducts over 500 international auctions every year, offering a combination of online, onsite and webcast sales.This October BidItUp is selling CNC equipment and other machinery formerly of Cormer Group Industries. The auction takes place in conjunction with Maynard’s Industries and Prestige Auctions.

Headquartered in Winnipeg, Manitoba Cormer Group Industries specialises in the design and manufacture of parts for the aerospace and defense industries. Their clients include Airbus, Boeing, FACC, Latecoere, Bombardier, General Dynamics Land Systems Canada, and Stelia and Magellan. Cormer Group Industries offers in-house engineering services, assembly services and non-destructive testing and chemical processing.

The global webcast auction opens on the 1st of October. The assets can be inspected by appointment with the auctioneer only. Items available in the sale include:

SNK HPS-120B 5-axis twin pallet CNC high speed aerospace profiler/machining center; Cincinnati “High Performance” 5-axis 3-spindle CNC aerospace gantry-type profiler; GROB G550 5-axis universal machining center; Mazak Variaxis 630-5X II 5-axis CNC vertical machining centers; Mazak Integrex i-400ST CNC 9-axis turning and milling center;Okuma Crown L1060 CNC lathes; Makino A88 4-axis CNC horizontal machining centers; Mazak quick turn nexus 250-II CNC turning center; Okuma V4020 3-axis vertical machining center; Mazak H630N 4-axis CNC horizontal machining center; inspection equipment; bridge cranes; Toyota 7FGU25 LP forklift; air compressors and much more.

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