10 October, 2015

Precision measurement equipment manufacturer’s assets to be sold without reserves


A leading manufacturer and supplier of precision measurement equipment has instructed the Michael James Organisation to dispose of selected assets from one of its facilities, as it plans to carry out part of the production previously handled there at another location.

The current facility has manufacturing equipment, furniture and merchandise available for auction, and all items will be sold without reserve prices, says the auction house’s CJ du Toit.

The auction will include an Applied Precision power source, an Applied Precision signal generator, an Applied Precision signal transducer, a Kocos standard reference meter, EVAC extraction stations, a Sefelec dielectric meter, Fluke andother multimeters,and oscilloscopes, he says.

Also on offer will be current transformers, power supplies, various electronic components, MagCard printersand various network equipment items, as will machine shop equipment, work benches, test benches, pneumatic screwdrivers, and an automated conveyor system.

In addition, various pieces of office furniture and equipment, and racking will be available. A Hyster Personnel Lifter and another forklift will also be featured.

The auction will be held at 57 Charles Matthew Street, Atlantis Industria, at 10am on Wednesday, 14 October.

A pre-auction viewing will take place between 10am and 2pm on 13 October. More details and photographs are also available on www.michaeljames.co.za,web reference: 1912.

The terms and conditions of the auction include a R10 000 refundable deposit upon registration, with the balance payable after the auction by EFT or bank cheque only. No cash will be accepted.

Potential bidders will also be required to provide a copy of their identity documents and proof of residence for auction registration. 

For more information, call CJ du Toit on 021 851 7007 or e-mail cj@michaeljames.co.za.