Plant Closed – Owner Retiring

Public Webcast Auction (No Onsite Bidding)


1833 Oakdale Avenue – Racine, WI 53406


Auction: Tuesday, March 1st @ 10:00 A.M. CST


Inspection: Monday, February 28th 8:00 A.M. – 4:00 P.M. CST

Click Here to Register to Bid & View Lot Book

Click Here to Download the Brochure


CNC Machining & Wire EDM Shop Including:


CNC Machining Including:

  • HAAS TL-1 CNC Toolroom Lathe, mfg.2020
  • FRYER Easy Turn ET18 CNC Lathe
  • HARRISON Alpha 550 Plus CNC Lathe
  • HAAS VF-2 CNC Vertical Machining Center, mfg.2007
  • FADAL 4020HT CNC Vertical Machining Center, mfg.2007
  • FADAL 4020A CNC Vertical Machining Center, mfg.2000
  • Large Assortment of #40 Taper Toolholders, KURT & Other Vises, Perishable Tooling, R8 Collets, Chucks, Lathe Tooling & Centers, Etc..


Wire EDM’s Including:

  • SODICK AG600L CNC Wire EDM, mfg.2012
  • MITSUBISHI FA20 CNC Wire EDM, mfg.2002
  • JEM 350 EDM Drill
  • Large Assortment of NEW EDM Wire Spools


General Machining Including:

  • ACER Knee Mill with 2-Axis DRO
  • INDEX 745 Knee Mill with 2-Axis DRO
  • ABAWERK Jig Bore
  • IKEDA RMS 9 3’ Radial Arm Drill
  • CENTRAL MACHINERY 36” Hand Brake
  • CHICAGO HS410 Shear
  • VERSON No.7B48 Stamping Press
  • WILTON Horizontal Bandsaw
  • DOALL 16-2 Vertical Bandsaw & Combination Spot Welder
  • TRINCO 36/BP2 Dry Blast Cabinet
  • ELECTRA Electric Batch Oven
  • AIRCO Pulse Arc II Portable Arc Welder with Programmable Wire Feed
  • MILLER Welder, Pedestal Grinders, Arbor Press, Mag Base Drill, Etc..


Hydraulic & Surface Grinders Including:

  • SUPERTEC Planotec-1632CTI CNC Hydraulic Surface Grinder, mfg.2003
  • OKAMOTO PSG-630A Hydraulic Surface Grinder with O.S. WALKER Control
  • CHEVALIER FSG-618M Surface Grinder
  • MITSUI 200M Surface Grinder


Vehicles & Plant Support Equipment Including:

  • FORD F-450 XL Super Duty Flatbed Truck, mfg.2001
  • TOYOTA FGC35 8,000lb. Capacity LP Forklift
  • FURNAS 25HP Air Compressor
  • CHAMPION HR15F-8 15HP Air Compressor
  • PNEUMATECH Air Dryer
  • JONES & LAMSON Optical Comparator
  • STARRETT HGC 2018-16 Coordinate Measuring Machine
  • TRIMUS Vertical 3 Height Gauge, MITUTOYO & Other Calipers, Pin & Block Gauge Sets, PRATT & WHITNEY 16” Tilting Rotary Table, Mag Base Drill, Vidmar & Lista Style Cabinets, Carts & Tool Carts, Workbenches, Flammable Cabinets, Pallet Racking, Fans, Transformers, Jacks, Parts Baskets, Hand Tools, Dump Hoppers, Pressure Washer, Snowblower, Office Furniture, Etc..

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, March 10th
  • 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: 1833 Oakdale Avenue – Racine, WI 53406
  • 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:

  • American Erecting & Ironworks, Inc., Phil & Matt @ 262-637-7177, &      

Site Supervisor:

  • Justin Gunther (704) 840-9189


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