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Event Information  |    |    | 
MIDWEST AUTOMATION "N/A" POSTFORMER (FEED THROUGH - DOUBLE SIDED)
Equipment Location: GRIDLEY, KS
CP-230278   |  Lot # #006C
Additional Photos (Click to view Larger)

For Immediate Answers Contact:
Kevin Welker
(877) 580-5844 ext. 316
Intl. +1 (704) 841-2001



If not available, try his/her backup:
Talice Luna ext 379
talice@exfactory.com

[CP-010774]


Current Bid: $ 1,025   Reserve Not Met
The current Bid has not reached or exceeded the Seller's Reserve price for this Lot.
This Lot will not be sold until the current Bid has reached or exceeded the Seller's Reserve price for this Lot.
Next Bid Increment: $ 1,075  
% met  
     
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Proxy Bid:

A Proxy bid is the maximum dollar amount you are willing to bid for a specific lot. The system automatically bids up to that amount on your behalf against competing bidders (if any).

EXAMPLE: You enter a "Max Proxy Bid" amount of $500 when the lot's reserve is met and the high bid is $100.  Your Proxy Bid automatically raises your bid to the next minimum bid amount, which in this example is $125, and thus makes you the current high bidder.  When a competing bidder bids $150, the system again automatically places a next increment bid of $175 for you, making you the high bidder again.  If a competing bidder bids again, proxy bidding continues until your "Max Proxy Bid" of $500 is exceeded by a bid from a competing bidder. If your high bid is not exceeded by the end of the Auction, then you win the lot.

ADVANTAGES: Should your schedule prevent you from participating near the closing of an Auction, your "Proxy Bid" quickly bids on your behalf.  Also, when your and a competing bidder's proxy bids are of equal amount ($500 in the example) at the end of the Auction, your bid wins, because you entered your $500 "Proxy Bid" amount first.

# of Bids: 11   
End Time:
Auction Closed.
Auto Refresh:   Enable Refresh Every

This lot is part of a bulk bid group.

Bulk Bidding:

A Bulk Bid is composed of (2) or more individual lots grouped together enabling a bidder to place a single bid for the entire group.  After the lots close, the Bulk Bid closing bid is compared to the sum of the individual lots closing bids. That determines if the lot(s) will be sold in bulk or individually.

The Bulk Bid wins if its closing bid is greater than or equal to the sum of the individual lot closing bids.  

The Individual lots win if the sum of the individual lots’ closing bids is greater than the Bulk Bid closing bid. 

 

Individual lots that do not meet the reserve will count as $0.00 toward the individual lot total.   Also, higher proxy amounts have no value in determining the total of all individual lots in comparison to the winning Bulk Bid.  ONLY the "current high bid" at the close of the lots will be used to determine if the lot will be sold in bulk or individually.  When you are the high bidder of a lot in a Bulk Bid group and the reserve is met, you may increase your own bid by using a "Jump Bid" to improve your chance as the winning bidder for that lot.

Current Total: $ 58,750 (Sum of Individual Lots) 
Current Bulk Bid: $ 30,000 
Click Here to View Bulk Bid 

Event: COUNTERTOP TRENDS, LLC II
Brand/Model: MIDWEST AUTOMATION "N/A"
Year MFG: 1989
Machine Type: POSTFORMER (FEED THROUGH - DOUBLE SIDED)
Serial #: N/A
Elect./Voltage: 480 V, 60 Cy, 3 Ph.
Location: GRIDLEY, KS
Condition: Good condition
Dimensions: 0" L  x  0" W  x  0" H
Weight: Lbs (estimate)
Loading: Rigger Required
Comment: This lot is also part of Bulk Bid Lot #006!
Buyer Premium: 15%

Description:
Double-Sided Postformer

  • Maximum width 44"

  • Each side with: 1st & 2nd Stage heaters, Glue gun, Underwrap heaters & Glue gun, 1.8 kW (2-1/2 HP) Trim saw; 5 HP Feed chain motor


    Includes:

  •  CREATIVE AUTOMATION Infeed-Mounted Cross Belt Conveyor-Type Over Spray Device

  •  Documentation (As pictured)

  •  NOTE: Video of this machine running can be seen in video of Lot #006 – Complete CREATIVE AUTOMATION Laminate Countertop Fabricating Line

  • IMPORTANT BIDDING NOTE: This lot is also part of Lot #006, which is a bulk lot consisting of Lots #006A, #006B, #006C, #006D & #006E. If the individual bid amounts for #006A, #006B, #006C, #006D & #006E total more than the bulk bid amount for Lot #006, then #006A, #006B, #006C, #006D & #006E will be awarded to the high bidder of each lot.
Final Removal Date: 10/13/2023
  

Note: Number of bids and bid amounts shown may vary slightly from real time.