7 March 2019 10:00 am ET
6 March 2019, 8:00 am - 4:00 pm ET or earlier by appointment
One of the largest fastener manufacturers in Canada. Very diverse plant featuring nut formers, nut tappers, multi-die cold headers, screw manufacturing, bolt manufacturing and machinery for the production of specialty fasteners and cold formed parts. Large selection of thread rollers, wire drawers, inspection and plant support equipment. Machines as new as 2002.
- (10) Multi Die Headers from 5/16 – 5/8 sizes including: Waterbury-Farrel, Asahi Okuma, Nakashimada, Jern Yao, and Nedschroef
- (19) Wire Drawers including: Fastener Engineers, RMG, and DTI
- (7) Cold Headers from 1/4 – 1/2 sizes including: Waterbury-Farrel and National
- (4) Nut Formers from 3/8 – 5/8 including: Waterbury-Farrel and Jern Yao
- (20) Nut Tappers including: Snow, Shimazu, and Nutap
- (5) Pointing Machines including: L &M, Optical Boring, Saspi, and Taihei
- Large Inspection Department including: Retina, Mectron, and General Inspection
- Cleaning & Finishing Department
- Many other items including, trimming, re-heading, presses, tool room, and maintenance support equipment
- Buyers are responsible for removing all of their purchases. Hilco does not provide rigging or shipping services and is not responsible for any rigging or shipping issues.
- Removal deadline: Small items need to be removed by 12 March; large items by 29 March.
- Removal dates and times: 8 - 29 March 2019, 8:00 AM - 4:00 PM local time Monday through Friday.
- Standard Removal Terms apply.
- Anyone performing removal will need to provide proper insurance.
- Prequalified riggers offering services for this sale will be listed here as they become available.
Important Tax Information/ GST Rules
A supply is zero-rated if all of the following apply:
- A supply of tangible personal property (other than an excisable good) made by a
person to a recipient (other than a consumer) who intends to export the
- the recipient exports the property as soon after the property is delivered by
the person to the recipient as is reasonable having regard to the circumstances
surrounding the exportation and, where applicable, to the normal business
practice of the recipient;
- the property is not acquired by the recipient for consumption, use or supply in
Canada before the exportation of the property by the recipient;
- after the supply is made and before the recipient exports the property, the
property is not further processed, transformed or altered in Canada except to
the extent reasonably necessary or incidental to its transportation; and;
- the person maintains evidence satisfactory to the Minister
If claiming the Export Exemption, the following documents must be submitted, in order to obtain a refund for GST paid.
- Buyer Release form, showing Common Carrier taking first possession of assets;
- Bill of Lading(s), showing assigned Common Carrier's departure and destination;
- Customs documents showing port of exit / entry.