HYPERAMS to Conduct Busch Precision Auction in March 2017
HYPERAMS, in partnership with Cincinnati Industrial Auctioneers, recently announced it will conduct the live and webcast auction of Milwaukee, Wisconsin-based business Busch Precision in early March 2016. The auction, which is anticipated to be two-day event, will feature thousands of lots of late-model precision machining equipment, including CNC turret lathes, boring mills, and grinders, as well as plant support and facility items, such as rolling stock, cabinets, tools, and boom lifts. In addition, the Busch Precision intellectual property is also available for sale.
“This is a fantastic opportunity to purchase very well-maintained, late-model machine tools at auction,” said HYPERAMS Director of Auction Services Burdette Wilber. “This promises to be one of the premier auction events of 2017.”
Wilber noted that the Milwaukee facility was spotless and that the majority of equipment had been exceptionally well-maintained by the staff. “The equipment – some of which is only a few years old - is in excellent condition,” said Wilber.
Featured assets include a like-new 2015 Giddings & Lewis three-axis vertical turret lathe with a 20-position automatic tool changer; an impeccably maintained 2007 Giddings & Lewis twin-head CNC vertical turret lathe with a 26-position automatic tool changer and Siemens control station; as well as a 2007 Giddings & Lewis CNC horizontal boring mill with a 90-position automatic tool changer and Siemens control station in excellent condition. Other well-known brands represented include Viper, Amada, and Danobat.
About Busch Precision, Inc.:
Busch Precision has been providing its customers with high quality precision machining and manufacturing products for almost a century, specializing in unique specification, critical-tolerance parts, and large components. In addition to its machining and manufacturing services, Busch Precision’s capabilities include machine repair, machine tool repair, maintenance assistance, component repair and replacement, CNC retrofitting, and complete machinery rebuilding. Busch Precision is headquartered in Milwaukee, Wisconsin. You can find more about Busch Precision at their website.
About HYPERAMS, LLC:
Headquartered in Wood Dale, Illinois, HYPERAMS is a full-service auction, appraisal, retail advisory and liquidation, and reverse logistics firm. The Company specializes in assisting both distressed and healthy companies manage surplus assets by providing clients with a complete asset disposition strategy. The Asset Disposition division focuses on investing in excess assets and conducting live and webcast auctions. The Appraisal division provides valuations of machinery, equipment, and inventory in most industry verticals. Since its inception, HYPERAMS has performed hundreds of appraisals, auctions, and store closings on behalf of financial institutions, restructuring/turnaround professionals, private equity firms, as well as business owners. Learn more about HYPERAMS and its services by visiting its website.