Large Capacity Lathes, Balancers, Roll & Cylindrical Grinding & Machine Shop Equipment

Public Webcast Auction

(no onsite bidding / online only)


260 Industrial Drive – Wauconda, IL 60084


Auction: Tuesday, August 24th @ 10:00 A.M. CDT


Inspection: Monday, August 23rd from 8:00 A.M. – 4:00 P.M. CDT

Click Here to View Lots & Register to Bid

Click Here to Download the Brochure


Large Capacity Lathes, Balancers, Roll & Cylindrical Grinding & Machine Shop Equipment


Large Capacity Lathes:

  • 62” x 318” GURUTZPE Time Master Engine Lathe, mfg. Late
  • 46” x 309” GEMINIS Engine Lathe, mfg.1998
  • 54” x 124” POREBA Engine Lathe, mfg.1990’s
  • 40” x 196” UNIVERSAL Engine Lathe, mfg. Lathe
  • 61” x 324” POREBA Engine Lathe, mfg.1994
  • 30” x 220” TOS Engine Lathe



  • SCHENCK 40” x 455” Horizontal Roll Balancer Model HM6B / CAB 690H
  • SCHENCK H30 BU Balancer
  • HOFMAN 190” Horizontal Roll Balancer with Easy Balance 3.3


Roll & Cylindrical Grinders:

  • NAXOS-UNION 26” xx 156” CNC Cylindrical Grinder with Machine Mate CNC Controls in 2015
  • NORTON 20” x 264” Roll Grinder
  • FRIEDRICH SCHMALTZ 42” x 170” Belt Grinder
  • CINCINNATI 16” x 120” Cylindrical Grinder


Other Machinery:

  • 4” WMW Table Type CNC Horizontal Boring Mill with 48” x 83” Rotary Table & HEIDENHAIN CNC Control
  • SHARP-KMA Vertical Bed Milling Machine with 18” x 75” Table
  • GRAY Openside Planer Mill with BRIDGEPORT Milling Head, 38” x 122” Table
  • Other BRIDGEPORT Milling Machines, Etc.
  • GRIEVE Electric Oven


CNC Including:

  • MORI SEIKI SL25 CNC Turning Center with MSC-500 CNC
  • MORI SEIKI SL300 CNC Turning Center with Milling & MSC-201 CNC
  • DAEWOO PUMA 103 CNC Turning Center
  • (2) MORI SEIKI TL5 CNC Lathes



  • (4) 5/3 Ton Top Running Overhead Bridge Cranes
  • (3) 2 Ton Handling Systems Pedestal Jib Cranes



  • KOIKE 12’ x 8’ Manipulator, mfg.2014
  • MILLER & LINCOLN Welders, Smoke Eaters, MILLER Thermal Mogularc 400R, Air Compressors, Cabinets, Plus Much More!!

Auction Details:

  • 18% Buyers Premium for All Purchases
  • You must register with Bidspotter and be approved to place bids in the auction.
  • Must Register 24 hours prior to the Start of the Auction
  • Tax: You will be charged local tax rate unless you have provided us with your tax exempt number. Tax Exempt Form


Payment Information:

  • Asset Sales, Inc. only Accepts U.S. Currency.
  • Accepted payment methods:
  1. Wire Transfer
  2. If paying via Company Check you must have a Bank Letter of Guarantee to bid. Example of letter: All payments shall be by way of cash, certified check, wire transfer and/or a company check accompanied by a bank letter of guarantee payable to Asset Sales, Inc. Your bank letter should be similar to the following: “Mr. (Customer Name) is a customer of this bank. This bank will guarantee unqualified payment to Asset Sales, Inc. on the account listed herein up to the amount of $_______. This letter is valid until (date).”
  3. Certified Checks drawn on U.S. Banks Only


Removal of Purchases:

  • Removal - Beginning the Day After Auction at 8:00 A.M. - 4:00 P.M. Weekdays
  • Last Day for Removal: Thursday, September 2nd
  • Rigging and Removal is the Responsibility of the Buyer - Asset Sales, Inc. Does Not Pack, Ship, Crate, Transport or Rig Items. Buyers May Pick Up Their Items at the Auction Location or Can Arrange for a Third Party Logistics Firm to Manage the Removal Process for Them.


Certificate of Insurance:

  • Holder: 260 Industrial Drive – Wauconda, IL 60084
  • Additional Insured: Asset Sales, Inc. - 163 Associates Lane - Indian Trail, NC 28079
  • General Liability: $1,000,000 Each Occurrence
  • General Aggregate: $2,000,000


Available Riggers:

  • Pedowitz Machinery Movers - Carl Creek @ (417) 217-0828 or

Site Supervisor:

  • Mike Noble (704) 953-3650


Auction License Number: North Carolina: Lance Mannion 6003 and Asset Sales, Inc. 6625