Prestige Auctions, in conjunction with PMI, is selling CNC machines, including horizonal boring mills, lathes, machining centers and turning centers, formerly operated by Constantin Precision Instruments. The assets come to the market due to complete facility closure. Established in 1998, Constantin Precision Instruments specialises in the manufacture of mechanical assemblies and precision component for application in the semiconductor, aerospace and oilfield sectors. Day one of the live onsite and webcast auction will take place on the 13th of March​.

Key lots in the auction include: 2017 Feeler FBM-110R CNC 4-axis table type horizontal boring mill, 2018 Haas UMC-1000 5-axis CNC vertical machining center, 2012 DMG DMF-500 linear 5-axis CNC vertical machining center, Niigata SPN701 CNC Horizontal Machining Center, Yama Seiki VMB-1200 CNC vertical machining center, Ares Seiki R510 CNC vertical machining center, 2010 Mori Seiki NZL6000DY/4000 Big Bore twin turret CNC turning center, (2) Samsung SL-45MC/3000 CNC lathes, 2014 Kingston CG-1500 heavy duty 34 CNC hollow spindle chucker, Mitsubishi MV4800 CNC wire EDM, Trak DPM RX7 CNC vertical universal mill, manual lathes, toolroom machinery, material handling equipment, rolling stock and more. The assets are located in Katy, Texas and can be inspected on the 11th or 12th of March.

Prestige Equipment was founded in 1990. The firm holds a huge inventory of late model machine tools and specialises in the sale and procurement of fabricating and metalworking equipment, as well as complete manufacturing facilities. Prestige Equipment offers a wide range of services, including liquidations, appraisals and online and onsite auctions.