Cincinnati Industrial Auctioneers was founded in 1961. The firm provides equipment sales, asset disposition, appraisal and auction services to a broad client base – from Fortune 500 companies to small businesses – across North America. The firm conducts around 60 auctions every year across a range of industry sectors. This June, Cincinnati Industrial Auctioneers will sell fastener manufacturing equipment and cold heading shop equipment formerly operated by Chase Fasteners Inc.
Chase Fasteners Inc was established in 1952. The firm specialises in the precision manufacture of cold headed standard and special screws, solid rivets, formed products and tubular rivets. Chase Fasteners Inc produces parts for a range of industries – including the medical, aerospace, furniture and automotive sectors – using brass, aluminium, stainless steel and other alloys.
The webcast auction will take place on the 22nd of June. The assets are located in Melrose Park, Illinois and can be inspected on the day before the auction or by appointment with the auctioneer. Equipment available includes: 1/4″ National 45HSMS high speed cold header; 3/16″ National 51 DSSD rivet header; 3/16″ and 1/8″ National tubular rivet headers; FE and RMG wire drawers from 3/8″ to 1/4″; Hartford thread rollers; Warren head and shank slotters; large quantity of thread roll dies; FE and RMG wire uncoilers; forklifts to 10,000 Lb. capacity. by Hyster and Mitsubishi; 6′ Hurricane 50 rotary drum parts washer; 30-HP Atlas GA22 air compressor / Dryer (2012); centrifugal spinners; vibratory finishing bowls; vibratory feeders; parts loaders; steel tubs; Hardinge lathes; EDM; surface grinders; maintenance tools and more.