J & L Thread Grinding - Online Auction

J & L Thread Grinding - Online Auction

Bid online with our mobile-friendly app in this Online Auction of the assets of J & L Thread Grinding in South Beloit, IL.
  •   Mar 20 @ 7:00pm CDT (Start)
  •   Mar 20 @ 11:07pm CDT (End)
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J & L Thread Grinding - Asset Liquidation Online Auction
         J&L Thread Grinding
    COMPLETE LIQUIDATION
           ONLINE AUCTION

           816 Dearborn Ave.
             South Beloit, IL
      Tuesday, March 20 - 7:07 P.M.
                   


Bid Now!! This is a complete liquidation auction. All assets of J & L Thread Grinding will be sold to the highest bidder.  Auction runs online now through Tuesday, March 20th with lots starting to close that night at 7:07 p.m.


Items Include:
  • 1997 Ford F250 HD with 62,150 miles ...7.3 liter diesel
  • Vintage 1950's Industrial Old Post Office Shop Wooden Pigeon Hole Shelving Cabinet
  • Matech MTN-52ST CNC Machine with Fanuc Series Oi-T and Manuals and Associated Parts/Accessories
  • Jones and Lamson Thread Grinders (three 6x36 and three 12x45 machines)
  • Bridgeport Miling Machine
  • Axelson, Sidney, and Zubal Lathes and Associated Parts/Accessories
  • Leland Gifford 6 Head Drill Press and Attached Dake Arbor Press and Accessories
  • Brown and Sharpe Granite Surface Plate and Inspection/Checking Table
  • Assorted Inspection Equipment
  • Jet Horizontal Band Saw Model HBS-12A with Auto Feed - 220 Volt 3 Phase
  • Jones and Lamson Comparator, Accessories, Stamps, and Assorted Parts.
  • Rol Air Industrial Air Compressor
  • K.O. Lee Company Surface Grinder and Assorted Wheels
  • Cooper Air Compressor Model No. AVSRRA
  • Shigiya Seiki G-27 Outside Diameter Grinder and Accessories
  • Milwaukee Model H and also Kent Owens Horizontal Mills
  • Signode Model DF-70 Banding Strapping Machine and Accessories
  • Precipitrons and Spare Parts
  • Cincinnati centerless grinder
  • Central Machinery Item #93762 Horizontal/Vertical Metal Cutting Bandsaw
  • Central Pneumatic - Item #38440 Abrasive Blast Cabinet with Light
  • Barber-Colman Gear Hobber
  • Arboga Maskiner Drill Press
  • Hoists (3 Available)
  • Bench Grinders
  • Heavy Duty Rack and Steel Rods
  • Assorted Jones and Lamson Thread Grinder Parts
  • Industrial Storage Carts and Bins
  • Personal Property
  • Whirlpool
  • Office Furniture
  • Industrial and Vintage Fans
  • Ladders
  • Gas Cans
  • Scrap Metal
Schedule for the Auction is as follows:

Auction Dates
  • Thursday, March 8 - Tuesday, March 20, 2018 (with lots starting to close at 7:07p.m.)
Preview Dates
  • Mar 09, 2018 from 1:00PM-3:00PM
  • Mar 16, 2018 from 1:00PM-3:00PM
  • Mar 17, 2018 from 11:00AM-2:00PM
    Checkout/Pickup Dates at 816 Dearborn Ave. - South Beloit, IL
    • Mar 22, 2018 from 10:00AM-3:00PM
    • Mar 23, 2018 from 11:00AM-3:00PM
    • Mar 24, 2018 from 10:00AM-1:00PM
    • Mar 26, 2018 from 10:00AM-1:00PM
    David Allen of Beloit Auction will also be calling and setting up special pickup appointments outside of these times for certain buyers depending on the size and location of items purchased (particularly the bigger machines). His email address is David@BeloitAuction.com and his phone number is (608) 333-4586 if you have any questions.
    Cash, approved check, Visa, M/C, American Express, Discover, or Debit. 15% buyer's fee. 2% discount for cash, check, or Debit. Purchases requiring shipping must be paid by credit card.

    This was a working shop until recently so if you don't have electrical expertise, you will need to hire a qualified electrician to unhook any equipment that is still hooked up. Buyers are responsible for the moving, packing, boxing and loading of all items purchased. This means providing your own riggers, forklift, lowboy forklift trailer, vehicle, packing materials, boxes, bags, and labor/help to load your own vehicle. The majority of the tools and equipment in this shop are heavy and/or oily due to the work environment.  Please attend one of the auction previews to understand what you will need to pickup your item(s) if you are a winning bidder.  Beloit Auction cannot provide or ensure assistance for the loading of your items.

    1.You must be registered in order to bid. 2. All items are sold 'As is- Where is' with no guarantees of any kind. All sales are final and no returns are allowed for any reason. 3. All invoices must be paid in full by on Saturday, March 24 by 12 noon. If you have not picked up your items by this date and time, the credit card that you used to register your online account with will be charged. If for any reason payment is unable to be processed with this card your account will be suspended. To reinstate your account, full payment for your outstanding invoice, a $20 service charge and any other applicable charges or fees must be paid. Cash and Credit Card are the only accepted methods of payment. 4. Anyone caught tampering with tags, merchandise or shoplifting will be prosecuted to the fullest extent possible. 5. Beloit Auction will not be held responsible for any inconsistencies in description announced or printed, therefore buyers are responsible for inspecting all items and deciding for themselves if the item they have seen is what they want to buy. 6. According to Federal Uniform Commercial Code (UCC 2-238) At the closing of each auction item there is a legal binding contract for the purchase of the item and the buyer shall be responsible for safeguarding their purchased items from the public such as during pick-up time. Beloit Auction recommends being on site as quickly as possible. 7. This was a working shop until recently so if you don't have electrical expertise, you will need to hire a qualified electrician to unhook any equipment that is still hooked up.  Buyers are responsible for the moving, packing, boxing and loading of all items purchased. This means providing your own riggers, forklift, lowboy forklift trailer, vehicle, packing materials, boxes, bags, and labor/help to load your own vehicle. Beloit Auction cannot provide or ensure assistance for the loading of your items. 8. Beloit Auction staff reserve the right to bid on and purchase merchandise. 9. All items must be picked up at the specific times stated above per the Terms and Conditions.  The real estate has been sold and everything needs to be picked up during these days/times - call and speak with David Allen (608) 333-4586 if you have any questions.  10. There is a 15% buyers premium added to the hammer price of all lots. 11. All of our online only auctions are conducted using staggered closing times. That means every minute a select number of lots will close. The closing of an item means it is a scheduled time that bidding should end on that particular lot. This auction is scheduled to close 3 items per minute. 12. All of our online only auctions are conducted using a soft close. This means even if an item is scheduled to close at a particular time, if someone places a bid in the last two minutes, two minutes will be added to the scheduled close time for that particular lot. The time extension will continue to occur every time a bid is placed until there are at least two minutes with no additional bids.