MODERN TOOL, INC.
Fabrication Facility

Modern_Tool_Logo
MODERN TOOL, INC.
(click logo for additional information)

WEDNESDAY,
MARCH 18TH
AT 10AM ct
LIVE AUCTION & WEBCAST
rule

1200 NORTHDALE BLVD NW
COON RAPIDS, MINNESOTA 55448
20 MILES NORTH OF MINNEAPOLIS, MN
(MAP)

PLANT CLOSED
Featuring:  BAYKAL, CHICAGO & CINCINNATI CNC Press Brakes, New As 2012, to 440-Ton x 13'-6" • Dies • LVD, CINCINNATI, WYSONG & NIAGARA Shears • (3) STRIPPIT 33-Ton CNC Turret Punches • BLISS & MINSTER SS Double Crane Presses to 400-Ton • WILLIAMS & WHITE 300-Ton SS Single Crank Press • (8) NIAGARA, CLEARING & BLISS OBI Presses to 250-Ton • HEM, MARVEL & DOALL Band Saw • 2010 TIMESAVER 36" Wet Belt Sander 2016 WOLF ROBOTICS 2-Station Robotic Welding Cell • (4) ABB 5-Axis Robotic Welding Cells, New As 2005 • Miller Welders • Toolroom Machinery • Forklifts to 15,500-lbs. • Shop & Support Equipment

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Modern Tool, Inc.Fabrication FacilityCoon Rapids, MN


Register
On-site Bidders:  Register day of auction.
Arrive at least 30 minutes prior to the auction start time and register at the auction office.
Online Bidders:  Register here
     
Must have deposit or bank letter of guarantee to bid. Register 24 hours prior to start of auction. Call for wire instructions.
INSPECTION RIGGERS
Day prior to auction from 9AM - 4PMUS RIGGING, LLC  (920) 655-2521
Lindsey Ullmer  usriggingllc@gmail.com
Buyer's Premium
On-site: 15% Buyer's Premium
(will be added to bid price)
Online: 18% Buyer's Premium
(will be added to bid price)
TAXES IN CONJUNCTION WITH
Sales tax rate is 7.125%. We will charge local sales tax unless you have your tax exempt number with you or have it faxed to our office.
Our fax number is 513/738-0221.
CIA_Logo_2013
Removal of Purchases
Removal begins after the last item is sold and lasts for one hour (or until 5PM). Removal will continue the next morning and on all weekdays from 8AM to 5PM. Last day for removal is Friday, 3/27/2020.
RIGGING AND  REMOVAL IS THE RESPONSIBILITY OF THE BUYER.
Small, carryout items, should be removed immediately after the auction or the day after the  auction. Anyone, either a buyer or rigger, who uses a powered vehicle to remove anything from the auction site, will need a certificate of insurance. 
CERTIFICATE OF INSURANCE
HOLDER:  Modern Tool, Inc.
1200 Northdale Blvd NW, Coon Rapids, MN 55448
ADDITIONAL INSURED: 
Myron Bowling Auctioneers, Inc.
 RE: (auction site address) 
AMOUNTS: 
General Liability - $1,000,000 each occurrence 
$2,000,000 General Aggregate 
Business Auto - $1,000,000 Combined Single Limit
STATE AUCTION LICENSE NUMBER(S)TERMS OF SALE 
Myron C. Bowling    
Myron Bowling Auctioneers, Inc.  
click here for Terms of Sale

If you have questions, click here Answer-pro@myronbowling.com

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