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Vinatech Industries, Inc. Live Onsite W/Webcast Auction

AUCTION FORMAT

Live Onsite W/Webcast

AUCTION STARTS

Wednesday, October 1

10:00 a.m.

LOCATION

5430 Brittmoore Rd, Houston, TX 77041

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Directions

Click Here for a Video Slide Sale Presentation

DESCRIPTION

MINT CLIMATE CONTROLLED PRECISION CNC MACHINING FACILITY DOWNSIZING: OWNER PURCHASED ALL MACHINES AND TOOLING NEW!

Inspection Information

Inspection Start Date/Time

Inspection End Date/Time

Monday, September 29, 9:00 a.m.

Monday, September 29, 4:00 p.m.

Tuesday, September 30, 9:00 a.m.

Tuesday, September 30, 4:00 p.m.

Removal Instructions

ONSITE CONTACT:  DOC HOANG, 713-896-4999

 

WIRE TRANSFER PAYMENT INSTRUCTIONS

 

ONLINE W/THE FEDERAL RESERVE:

AMEGYBANK OF TEXAS, N.A.                             ABA ROUTING #113011258      

4400 POST OAK PARKWAY                                   SWIFT CODE: ZFNBUS55       

HOUSTON, TX  77027                                                           ZION BANK, DBA AMEGY BANK            

                                                  

FOR THE ACCOUNT OF:  PLANT & MACHINERY, INC. ACCOUNT

                                              1304 LANGHAM CREEK DRIVE, STE. 454  

                                              HOUSTON, TEXAS  77084 

                          

BANK ACCOUNT NO.: 0039519

           

            REMOVAL SCHEDULE:

 

          THURS.- FRI., OCT. 2 & 3                      8 AM to 4 PM

          MON. - FRI., OCT. 6 – 10                        8 AM to 4 PM

          MON. - FRI., OCT. 13 – 17                      8 AM to 4 PM

                    

          FINAL DAY FOR REMOVAL IS WEDNESDAY, OCTOBER 17TH  AT 4 PM.

 

                                 INSURANCE REQUIREMENTS FOR EQUIPMENT REMOVAL:

All Companies and/or individuals operating machinery or performing electrical work anywhere on the premises of  VINATECH INDUSTRIES must supply C.O.I. to PMI showing proof of at least $1,000,000 (one million dollars) general liability as well as workers compensation insurance if you will have employees working on the auction site.

 

CERTIFICATE OF LIABILILTY COVERAGE MUST NAME THE FOLLOWING AS CERTIFICATE HOLDER AND ADDED AS ADDITIONAL INSURED:

 

Certificate Holder:                                    AND       Additional Insured:

 

PLANT & MACHINERY, INC.                             VINATECH INDUSTRIES                                        1304 LANGHAM CREEK STE. 454                      5430 BRITTMOORE RD.

HOUSTON, TX  77084                                             HOUSTON, TX  77041

                                                                                              

                                                                                              

                                                                                                              

                                                                                                

Please have YOUR INSURANCE AGENT send the completed Certificate of Liability Insurance to PLANT & MACHINERY, INC. either by Fax to 713-672-7905 or by EMAIL to desim@pmi-auction.com or lindaj@pmi-auction.com.

 

 

 

AREA RIGGING COMPANIES

 

* GM Machinery Movers:

     Gerado Moreno- 832-368-8731 (cell), gmoreno@gm-machinerymovers.com

     Mark Johnson- 281-389-8913 (cell),   m.johnson@gm-machinerymovers.com   

                                                    

* JMOR Machinery Movers, Inc., Boyd Rowland- 832-702-5765; Boyd@jmorinc.com 

 

* Omega Morgan Rigging, Machinery Movers, & Transportation:

     Bo Whitfield- 936-693-2536(cell), 281-688-9963(office); bo.whitfield@omegamorgan.com 

Terms & Conditions

A 15% Buyer's Premium will apply onsite.
An 18% Buyer’s Premium will apply online.

All bidders must register before bidding. All bidders are required to provide the following information when registering:

(full) Name of Individual
(full)) Company name and address
Telephone and fax numbers
Email address

Banking information will be required when registering. If successful bidder is exempt from applicable sales taxes, then the proper sales tax exemption form(s) for the physical location of the item sold at the auction will be required prior to removing the tax from the buyer’s invoice. The exemption form(s) must match the buyer information on the invoice.

This auction may require a credit or debit card 100% refundable deposit. Your credit/debit card added through the Bidspotter.com or Proxibid.com fully secure and PCI compliant registration process will be assessed a 100% refundable $3000 (US Bidder) or a $10,000 (Foreign Bidder) deposit in order to be approved to bid online within this auction. If you are unsuccessful in the auction, your card will be refunded of your deposit within 24 hours post auction.

AUCTIONEER DOES NOT TAKE CREDIT CARDS FOR AUCTION INVOICE PAYMENTS. Invoice payment is due by 24 hours after the auction completion. All invoice payments must be made by Wire Transfer, Cashier’s Check, or, Company Check with letter from Bank guaranteeing unqualified payment of your check to Plant & Machinery, Inc. (PMI). Here is an example of what your letter should say:

[Mr. “Individual’s Name” representing “Company Name” is a customer of this bank. This bank will guarantee unqualified payment to Plant & Machinery, Inc. on the account listed herein up to the amount of $______. This letter is good until (insert expiration date 30 days from sale date).]

All checks for deposits and balances due shall be payable to the order of PLANT & MACHINERY, INC. unless instructed otherwise. In some cases, payments may be taken direct to the auction site. Otherwise, all payments must be paid to the Houston headquarters offices of the Auctioneer at 1304 Langham Creek Drive, Suite 454, Houston, TX, 77084, or, by wire transfer directly to the bank specified in the wire transfer instructions provided for this auction, or, if by check, sent via overnight delivery service with associated letter of Bank guarantee before removal of any of the goods takes place.

NOTE: ALTHOUGH ALL INFORMATION HAS BEEN OBTAINED FROM SOURCES DEEMED RELIABLE, AUCTIONEER AND SELLER MAKE NO WARRANTY OR GUARANTEE EXPRESSED OR IMPLIED, AS TO THE ACCURACTY OF THE INFORMATION CONTAINED IN OUR ADVERTISING OR SALE CATALOG. THE AUCTIONEER AND SELLER SHALL NOT BE RESPONSIBLE FOR THE CORRECT DESCRIPTION, GENUINENESS, AUTHENTICITY OF, OR DEFECT IN ANY LOT, AND MAKES NO WARRANTY IN CONNECTION THEREWITH. BIDDER, OR THEIR REPRESENTATIVE, AGREE TO PHYSICALLY INSPECT THE LOT(S) AND MAKE THEIR OWN VERIFICATION OF THE CONTENTS.

NOTE: NO SALE SHALL BE SET ASIDE NOR ALLOWANCE MADE ON ACCOUNT OF ANY INCORRECTNESS, ERROR IN CATALOGING, OR ANY IMPERFECTION NOT NOTED. NO DEDUCTION WILL BE ALLOWED ON DAMAGED ARTICLES, ALL ARTICLES BEING EXPOSED FOR PUBLIC EXHIBITION, AND SOLD “AS IS” AND WITHOUT RECOURSE. ARTICLES ARE NOT WARRANTED AS MERCHANTABLE OR FIT FOR ANY PARTICULAR PURPOSE, AND NO CLAIM MAY BE MADE BY PURCHASER RELATING TO THE CONDITION OR USE OF ARTICLES PURCHASED, OR FOR PROXIMATE OR CONSEQUENTIAL DAMAGES ARISING THEREFROM.

The Auctioneer is acting as agent only and is not responsible for the acts of its principals. Purchaser acknowledges, as an inducement to Seller to commit Purchaser to bid, that Purchaser has independently inspected the goods bid upon by the Purchaser, and acknowledges to the Seller that Purchaser is acquiring all goods “AS IS, WITH ALL FAULTS” and “WITH REMOVAL AT PURCHASERS’ RISK AND EXPENSE” and agrees to protect, indemnify and hold harmless the Seller from any and all claims, demands, causes of actions, liabilities and judgments relating to the conditions or use of the goods.

All purchases must be removed within two weeks after the bids have closed, or, within the timeframe posted on the sale web page or contained in the confirmation email sent to successful bidder. No lot can, on any account, be removed prior to PMI having been paid in full. Removal shall be at the expense, risk and liability of the Purchaser. Purchases will be delivered only on presentation of paid bill. Auctioneer shall not be responsible for goods not removed within the aforesaid time.

Riggers, movers, electricians or buyer performing work at the Auction Site(s) must provide Auctioneer with evidence of insurance. The insurance coverage must be at a level acceptable to Auctioneer and to the Seller. Auctioneer and Seller must be added as additional insured on the Certificate of Insurance.

Articles purchased may not incorporate approved activating mechanisms, operating safety devices or safety guards, as required by OSHA or otherwise. It is Purchaser’s responsibility that articles purchased be so equipped and safeguarded to meet OSHA and any other requirements before placing such articles into operation.

Purchaser agrees to indemnify and hold Auctioneer harmless from and against all claims and liabilities relating to the condition or use of the articles purchased or failure of user to follow instructions, warnings or recommendations of the manufacturer, or to comply with federal, state and local laws applicable to such articles, including OSHA requirements, or for proximate or consequential damages, costs or legal expenses arising therefrom.

No claims will be allowed after removal of goods from premises.

Important Documents

Image Gallery [CLICK ON IMAGE FOR FULL VIEW]

Additional PDFs

Removal Instructions
Inspection Information
Important Documents
Terms and Conditions

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