Industrial Auction News 795

18th August 2020 – Huge Selection of CNC and Conventional Woodworking Machinery for Auction

Corporate Assets Inc offers more than three generations of experience in industrial auction, appraisal and asset management. The firm conducts more than 100 sales and liquidations each year for clients across the world, ranging from Fortune 500 corporations to private sector businesses. Corporate Assets Inc is selling a huge selection of equipment from the Pinehurst Group Inc. fabricating and woodworking facility located in Orangeville, Ontario.

Pinehurst Group Inc. was founded in 1967 and specialises in the manufacture of high-quality store fixtures and architectural millwork for the retail sector. Their 160,000 + square foot facility is one of the largest millwork facilities in North America. The firm filed for bankruptcy earlier this year.

The live webcast auction takes place on the 18th of August. The assets can be inspected by appointment with the auctioneer only and include: Hankwang (2011) FL3015 4000 watt CNC twin table laser cutting machine; Baykal (2012) APHS 3106×120 4 axis hydraulic CNC press brake. Nantang (2012) RKC 1220×4000 CNC V-grooving machine; Selco (2002) WNA 600 CNC angular beam panel saw; Morbidelli (2000) Author 600S 3 axis CNC boring and routing center; IMA (2004) Novamat Concept L3425 CNC edge bander; Tagliabue TAG IT 22 CNC 3 head wide belt panel sander; Deway (2017) DXM251 glass straight-line beveling machine; Timesavers (2009) S121-13-04 3 head dry sander; Kuper FW1200 veneer splicing machine; large selection of conventional woodworking equipment including mitre saws, radial arm saws, table saws and notching machine; Lincoln electric welders; Amada SPH-30 hydraulic C-frame press brake; Baileigh (2016) BR-12E-10 power bead roller; conventional machine tools and much, much more.

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