STEEL INVENTORY

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BY ORDER OF US BANKRUPTCY COURT CASE #98-2179 RJN

13500 S. PERRY ST., RIVERDALE, ILINSPECTION: WEDNESDAY, JULY 24TH, 9 AM-4 PM & MORNING OF SALE

THURSDAY, JULY 25TH

10:30 AM

Angle Iron Tubing & Bar Stock, High Carbon 4150, TGP 4150, 1018,Much More w/Racking 4’x10’ & 5’x10’, Diamond Plate Sheet Stock,Perforated & Galvanized Sheets, 1/2” to 3 1/2” Steel Plate w/HeavySteel Racks, Sq. Bar Stock, Large Quantity of Steel Scrap.

CRAVEN, 60” VTL, 2-RAMS.BULLARD CUTMASTER, 36” VTL, 36” 4 Jaw Chuck.

VERTICAL TURRET LATHES

HOUSTON Stanwood & Camble 48”x20’ w/(2) LINCOLNTraveling Tool Welders & Controls.UNITED Engineering & Foundry Roll, 48” Swing x 20’ Bed.AMERICAN PACEMAKER, 14”x30”, 15” 4 Jaw Chuck,Taper Att., s/n 70264/47.AMERICAN PACEMAKER, 16”x102” 15” 4 Jaw, TaperAtt., 1500RPM, s/n 74653/55.AMERICAN PACEMAKER, 16”x30”, 18” 4 Jaw, TaperAtt., 2000RPM, s/n 64928/42.AMERICAN PACEMAKER, 20”x126”, 18” 4 Jaw, TaperAtt., s/n 75391/57.AMERICAN PACEMAKER, 40”x132”, 28” 4 Jaw, Taper,Hydr. Tracing, Steady Rest, s/n 72346/51.MONARCH, 36.5”x192” 38” 4 Jaw Chuck, Roller SteadyRests, s/n 31097.MONARCH, 18.5”x78”, 12” 4 Jaw Chuck, Taper Att., s/n 29564.MONARCH, 18.5”x54”, 12” 4 Jaw Chuck, Taper Att., s/n 33547.LEBLOND, 60”x28’ Centers, 44” Indep. 4 Jaw chuck, SteadyRest, Taper Att., s/n NQ81.LEBLOND, 15”x40”, 8” 3 Jaw Chuck.SIDNEY, 24”x108”, 22” 4 Jaw Chuck, Threading, Steady Rest.NEBEL, 22”x96”, 21” 4 Jaw Chuck, Taper Att.

ENGINE LATHES

MISC. JACKS

WELDERS

CNC BURNING MACHINESC & G System, Mdl. Challenger, CNC w/ Plasma 6 Head, s/n 1005.BURNEY, 3 Axis Control & Thermalarc Merlin PAK15 XC PlasmaUnit, 120”W x 20’.ESAB Electric Eye Shape Cutting, 6’x8’ Table, 6’x12’ Tracing Table.3 Heads.

(2) 5-T SHEPPARD & NILES Hoists.Jib Cranes, 6,000 Lb.(3) 2-T Hoists.(4) 15’ Jib w/ 1-T Electric Hoists-4000 Lb.(4) UNDERSLUNG 1-T Cranes.(3) 1-T Wallmount Jib.(2) 10’ 1-T ABELL-HOWE w/SHEPPARD & NILESElectric Hoists.(3) 1/2-T SHEPPARD & NILES Hoists.Rail Crane.

(2) MARVEL, Mdl. 18/M2/E2/3, #18 Hyd. Universal Roll Stroke,Mitreing Hacksaw, s/n 815180 & 970180.EVERETT Abrasive Cutoff.DO-ALL Vertical Bandsaw, 30” Metalmaster, w/Blade Welder & GrinderDO-ALL Contourmatic Hyd. Vertical Bandsaw, Mdl. 26-3,w/Blade Welder, s/n S55-58522.DO-ALL Vertical Bandsaw, s/n 124-59266.

CRANES & HOISTS

SAWS

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KNOW OF A PLANT CLOSURE?(818) 508-7034, EXT. 12CALL:

TAYLOR, Mdl. TY620S, 62,000 Lb., Diesel, Pneumatic Tires, s/nSV9-20373.HYSTER, Mdl. H460B-36, 46,000 Lb., 72” Forks, s/n B8P-2038A.SILENT HOIST, Mdl. FKS15, 30,000 Lb., 60” Forks, SideShift, LP Gas, s/n 20090.ROYAL, Mdl. 320700, 30,000 Lb., LP Gas, Hard Tires, 54” Coil Spear.CATERPILLAR, 15,000 Lb., Hard Tires, 48” Forks, s/n A-50402.CATERPILLAR, Mdl. V90E, 9,000 Lb., PERKINS DieselEngine, Cab Enclosed, s/n 37W6112.CATERPILLAR, Mdl. V80E, 8,000 Lb., Diesel, 48” Forks, CabEnclosed, Pneumatic Tires, Heater.CLARK, 6,000 Lb., LP Gas, 42” Forks, Pneumatic Tires, s/nY356-291-4180.

FORKLIFTS

(4) Portable Heavy Duty Screw Type Locomotive Jacks.(8) DUFF & NORMAN Locomotive 75-T, Mdl. 126.

WARNER & SWASEY #5 Turret w/Hydraulic Barfeed, 12” 3Jaw Chuck, s/n 1159932.WARNER & SWASEY #3 Turret w/Barfeed, Collet Chuck,s/n 522730. WARNER & SWASEY Turret w/Barfeed & 10” 3 Jaw Chuck.Cabinet w/WARNER & SWASEY Tooling-Collets Etc.

TURRET LATHES

ACME STEEL COMPANY

500-T Hydraulic Bulldozer Horizontal, 16” Dia. Ram, 10’x10’ Opening100-T H-Frame Electric, Rolling Bolster & Ram.

HYDRAULIC PRESS

HILL ACME, Mdl. XL, 2”, s/n M17727.

SELLERS, 5” Bar, 6’x6’ Vertical, 36” Spindle Travel, 3 AxisAnilam DRO.LUCAS, #42 Horizontal Boring Mill, 40”x60” Table, 3 Axis AnilamDRO Outboard Support.

THREADING

BORING MILLS

AMERICAN HOLE WIZARD, 6’x17”, L Base, w/Box &Tilting Table.CSEPEL, Mdl. RF51/B, 10’ Arm x 24” Column, Tee Slotted Table, s/n 70051.

RADIAL DRILLS

BLANCHARD, Mdl. 18, 36” Electromag. Chuck, 25 HP, s/n 7915.BLANCHARD, Mdl. 11, 16” Electromag. Chuck, s/n 8793.

ROTARY SURFACE GRINDERS

LARGE CAPACITY MACHINING FACILITY100-YEAR-OLD COMPANY • 1000’S OF ITEMS,SMALL TO LARGE! • SOMETHING FOR EVERYONE!

LARGE CAPACITY MACHINING FACILITY100-YEAR-OLD COMPANY • 1000’S OF ITEMS,SMALL TO LARGE! • SOMETHING FOR EVERYONE!

View of Steel Inventory

WARNER & SWASEY #5 Turret Lathe CRAVEN 60” Vertical Turret Lathe

AMERICAN PACEMAKER Engine Lathe, 16”x102”

AMERICAN PACEMAKER Engine Lathe, 40”x123”62,000 Lb. TAYLOR Forklift, Mdl. TY620S

30,000 Lb. SILENT HOIST Forklift, Mdl. FKS15 30,000 Lb. ROYAL Forklift, Mdl. Mdl. .320700

MONARCH Engine Lathe, 36.5”x192” LEBLOND Engine Lathe, 60”x28’

NEBEL Engine Lathe, 22”x96”9,000 CAT V90E Forklift

6,000 Lb. CLARK Forklift8,000 CAT V80E Forklift

4 AVAILABLE

Portable Heavy Duty Locomotive Jack

DUFF & NORMAN Locomotive Jacks, 75-T

Welding Boom Stations

7 AVAILABLE

TAYLOR Spot Welder, Mdl. W221-5SH

CNC

C&G System Burning Machine, 6-Head w/Plasma

Rail Crane

10’ 1-T ABELL HOWE Crane w/Hoist

MARVEL Hyd. Saw, Mdl. 18/M2/E23 DO-ALL Vert. Bandsaw, 30” Metalmaster

HILL ACME Threading Machine, Mdl. XL SELLERS Boring Mill

AMERICAN HOLE WIZARD Radial Drill, 6’x17”

CSEPEL Radial Drill, 10’x25”

MILLER CP/CC 1500 DC Arc.(2) IDEALARC, Mdl. DC 1000, Hyper-Therm Plasma Cutter,MILLER Dimensionair 652.(3) HOBART RC750, 1 w/Wirefeed(6) HOBART Mega Flex 650 RVS.HOBART Mig, Mdl. 650HOBART, Mdl. ROG-610HOBART, Mdl. MC500.(4) HOBART, Mdl. R400S.(7) Welding Boom Stations w/Wire Feeders w/HOBART Welders.TAYLOR, Mdl. W221-5SH, Winfield Spot Welder Type, 15KVA,24” Throat, s/n 4181.

BLANCHARD Rotary Surface Grinder, Mdl. 11

BLANCHARD Rotary Surface Grinder, Mdl. 18

biditup11426 Ventura Blvd. Second FloorStudio City, CA 91604

James Stachurski, AuctioneerIL Lic. #041000514

FIRST CLASS PRE-SORTMAIL U.S. POSTAGE

P A I DPERMIT NO. 32365LOS ANGELES, CA

TERMS

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UPCOMING AUCTIONSUPCOMING AUCTIONS

GREENARD, Mdl. 5, Floor Mounted Arbor Press • DAKE H-Frame Press • CLAUSING Variable Speed, 20” Drill Press •(12) Heavy Duty Snag Grinders • SEARS 15” Drill Press •WILTON 15” Drill Press • CLAUSING 15” VS Drill • BUFFALO 15” Bench Drill • Electric Shop Carts, (2) w/LIN-COLN Gas Welders, (7) Pick-up Style, (4) Single 3-Wheel •OSTER, Bolt & Pipe Threader, Mdl. 785 w/Stand, 3/8 to 4” Cap• RIGID 535 Pipe Threader • RIGID Saw • TRINCO &GAMM Dry Blast • BUFFALO Universal Iron Worker, Mdl. 1-1/2, s/n 66W2274 • HOTSY High Pressure Steam Cleaner.

PRATT WHITNEY, Mdl. 2A.

MISCELLANEOUS EQUIPMENT

JIG BORER

MOREY, 14” Vertical, Rotary Table, s/n M-343-VS14.

SHAPER

INTERNATIONAL HARVESTER Backhoe, Mdl. 280A.(2) Locomotive Generators.(2) HONDA 3-Wheelers, Mdl. 110.SKYJACK Scissor Lift.

ROLLING STOCK

NIAGARA Shear, 72” Mechanical.CURRY, 30” Hand Hydraulic Shear.PEXTO Foot Shear.PEXTO 36”x26” Roll.PEXTO Crimper, Mdl. 0601B, s/n 4-76.PULLMAX, D3 Nibbler, 48” Throat, s/n 5187.

FABRICATING EQUIPMENT

Motor Generator Test Cell w/ Pumps.POLYGLYCOL Tank & Pump Test Station.TINIUS OLSON Tensile Tester, s/n 177480.BUEHLER, Mdl. ECOMET 4, Specimen Grinder/Polisher.BUEHLER, Mdl. PNEUMET 1, Mounting press.BUEHLER Supermet Polishing Table.POLIMET Lab Table w/(3) Polishing Units.HUPPCO Furnace, Type ST w/HONEYWELL Controls &Recorder, s/n 620.LINDBERG Furnace, Type 51662, 1200 Degree C. Max.NIKON, Mdl. EPIPHOT 300, w/ computer.ROCKWELL, Mdl. 300, Hardness Tester.NEW AGE Electronic Hardness Tester.

TESTING LAB

Steel Saw Horses, Tooling • Steel Inventory Racking, PalletRacking, Cleaning Tanks, Eye Bolts, Metal Cabinets, VidmarCabinets, Gas & Diesel Motor Repair Parts• PVC , Black,Copper, Galvanized & Steel Pipe, Fittings • Electrical Parts,Fuses, Wire Coated, Welding Wire, New Leather and ClothGloves • Ladders, Pedestal Fans, Vices, Hand Tools, CarbideTooling, Cutting Tools, Drills • End Mills, Power Hand Tools, Air Tools, 2-Viax Machine Scrapers, Wrenches, Acorn Heavy Steel Tables, Clamps, Nuts, Bolts, Cap Screws •Threaded Rod, Chains, Braided Slings, Leveler, ImpactWrenches, Burning Heads & Tips • Welding Supplies,Magnetic Drill Bases, Electrical Repair Room w/Clausing Drill Press Supplies • Misc. Bearings & Much More!

MISCELLANEOUS

Upstairs Maintenance Room • OSTER 784 Pipe & Bolt Threader •Buffing Jack • DAYTON 20” Drill Press • DELTA Drill Press •Pipe Bender • MARVEL Hack Saw • LINCOLN Gas Welder •BEAVER Pipe Threader • BUSHMAN 15’ 1-T Hoist •GREENLEE Pipe Bender • Pipe Bending Tools

MAINTENANCE SHOP

Hydraulic Open Side Planer Mill, 42”x120” Table, 2 Vertical, 1 Side Head.28”x120” CINCINNATI HYDROTEL, 50 Taper, Hydr.Tracing, s/n 1H6V1Z-20.CINCINNATI Horizontal Mill, Mdl. 3.15”x64” K & T Vertical Mill, Mdl. 15HP3CK, Table, Power Downfeed,s/n 9-6490.K & T Horizontal Mill, Mdl. 15HP3CK, Universal Vertical Head, s/n 26-6801.K & T Horizontal Mill, Universal Vertical Head, s/n 14-2598.K & T Horizontal Mill, Mdl. 3, s/n 782821.K & T Horizontal Mill, Mdl. 2H, s/n 773692.HECKERT Universal Vertical Mill, Mdl. F400E, 16x63” Table,Pendant Control, 50 Taper, PDB.

MILLS

TANNEWITZ, Mdl. GS, 36” Vert. Wood Band Saw, s/n 15290.DELTA, Mdl. RT40, 12” Table Saw, Tilting Arbor.DELTA Radial Arm Drill.DELTA Dust Collecting System.(3) DELTA Wood Planers, 6”, 12”, & 16”.

WOODWORKING

18”x72” THOMPSON, 18”x60” Electromag. Chuck, s/n 5C51437S.14”x48” GALLMEYER LIVINGSTON, Electromag.Chuck, Coolant.10”x20” THOMPSON, Coolant, s/n B6149.6”X12” BOYER SCHULTZ, 6”X12” Perm. Mag. Sine Chuck.

SURFACE GRINDERSLANDIS, 20”x96”.

O.D. GRINDER

10:30 AM

THURSDAYJULY25

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13500 S. PERRYSTREETRIVERDALE, IL

ACME STEEL COMPANYLARGECAPACITYMACHININGFACILITY

100-YEAR-OLDCOMPANY• 1000’SOFITEMS,SMALLTOLARGE! • SOMETHINGFOREVERYONE!

LARGECAPACITYMACHININGFACILITY100-YEAR-OLDCOMPANY• 1000’SOFITEMS,SMALLTOLARGE! • SOMETHINGFOREVERYONE!

BYORDEROFUS BANKRUPTCYCOURTCASE#98-2179 RJN

DIRECTIONS FROM O’HARE INTERNATIONAL AIRPORTMerge onto I-190 E. Take KENNEDY EXWY. E. KENNEDY EXWY.becomes DAN RYAN EXWY E. Take BISHOP FORD FWY. towardsINDIANA. Take the 130th ST. WEST exit (#68A) Merge onto E.130th ST. Turn LEFT onto S. INDIANA AVE. Turn RIGHT onto E.137th ST. Turn RIGHT onto S. Perry Ave. Look for Auction Signs.

biditup!An Industrial Assets, Inc. Company

11426 Ventura Blvd., 2nd FloorStudio City, CA 91604

P: 818.508-7034F: 818-508-3025

www.biditup.netemail: info@biditup.net

INSPECTION: WEDS.,JULY24TH9 AM-4 PM& MORNINGOFSALE

18”x72” THOMPSON Surface Grinder 14”x48” GALLMEYER & LIVINGSTON Surface Grinder 28”x120” CINCINNATI HYDROTEL Mill

K&T Vertical Mill, Mdl. 15HP3CK

K&T Horizontal Mill w/Universal Vertical Head K&T Horizontal Mill, Mdl. 3

K&T Horizontal Mill, Mdl. 15HP3CK K&T Horizontal Mill, Mdl. 2 HECKERT Universal Vertical Mill, Mdl. F400E INTERNATIONAL HARVESTER Backhoe, Mdl. 280A

HONDA 3-Wheeler CLAUSING Vari Speed 20” Drill Press RIGID 535 Pipe ThreaderOSTER Bolt & Pipe Threader, Mdl. 785 HOTSY High Pressure Steam CleanerRIGID Saw

TANNEWITZ Vertical Wood Band Saw, Mdl. GS

DELTA 12” Table Saw, Mdl. RT40 DELTA Dust Collecting System

Sale Conducted by: Industrial Assets, Inc., Subject to our customary termsof sale, (Available at the auction site on the day of the sale), and any andall amendments and modifications announced by the auctioneer at thetime of the auction. The auctioneer and seller make no warranties orguarantees, expressed or implied, as to the defects in or the correctnessor accuracy of the descriptions in any advertising of any item(s) beingauctioned and will not be responsible for any advertising discrepancies orinaccuracies of any kind. All items sold will be on an “AS IS”, “WHERE IS”,and “WITH ALL FAULTS”, basis “WITHOUT EXCEPTION” and “WITHREMOVAL AT BUYER’S RISK AND EXPENSE”. AUCTIONEER AND SELLERMAKE NO WARRANTIES OR GUARANTEES OF ANY KIND, EXPRESSED ORIMPLIED AS TO THE NATURE, QUALITY, VALUE OR CONDITION OF THEITEM(S) BEING AUCTIONED OR ITS (THEIR)SUITABILITY FOR ANY USE. AUC-TIONEER AND SELLER EXPRESSLY AND SPECIFICALLY DISCLAIM WITHOUTLIMITATION ANY WARRANTY OF MERCHANTABILITY OR FITNESS FOR APARTICULAR PURPOSE. AUCTIONEER SHALL NOT BE LIABLE FOR SPECIAL,

CONSEQUENTIAL OR INCIDENTAL DAMAGES. It shall be the buyer’s oblig-ation to verify information and descriptions of property prior to sale.Industrial Assets, Inc., and its advertising agency assume no liability forerrors or omissions in this brochure. The auctioneer does not warrant theage,accuracy, genuineness, authenticity, description, weight, count ormeasure of any listings specified herein. Although it is not likely, auctionsales are subject to cancellation or postponement, and sometimes itemsare withdrawn from the sale, kindly contact Industrial Assets, Inc., prior totravel as there will be no reimbursements. On the day of the sale, all successful bidders must immediately pay the full purchase price in cash,certified funds, cashiers check, wire transfer or company check with aletter from the buyer’s bank guaranteeing unqualified payments toIndustrial Assets, Inc. Your letter should be similar to the following: [Mr.“Customer Name” is a customer of this bank. This bank will guaranteeunqualified payment to Industrial Assets, Inc. on the account listed herein up to the amount of $______. This letter is valid until 30 working

days after the auction sale.] Company checks without letter from bank guaranteeing unqualified payment will not be accepted. The failure tomake payment promptly shall be considered default and each lot or lotsso purchased will be placed for resale. The buyer must pay the totalinvoice price for all the lots purchased before any removal can begin. All buyers must pay applicable sales tax (unless evidence of exemption isprovided to auctioneer’s satisfaction). Buyers are responsible for thetransportation, associated costs and risks involved in the removal of purchased item(s). Certain items may contain residual chemicals and/orhazardous materials. The purchaser(s) hereby indemnify and hold harmless the auctioneer and seller from any and all damages, claims orliability from any injuries to persons or property of any type whatsoevercaused during the sale of, during the removal, or during use or operationof the purchased item(s). If you are unable to attend, please contact us regarding placing a proxy bid. ALL ITEMS SUBJECT TO PRIOR SALE.PLEASE NOTE: All sales are subject to a 10% buyer’s premium.

Electric Shop Cart Pullmax D3 Nibbler PEXTO 36”x26” Roll NIAGARA Shear POLYGLYCOL Tank & Pump Test Station TINNIOUS OLSEN Tensile Tester

Lab Table w/(3) Polishers HUPPCO Furnace, Type ST LINDBURG Furnace, Type 51662 NIKON, Mdl. EPIPHOT 300 NEW AGE & ROCKWELL Electronic Hardness Tester

2 AVAILABLE

CHALLENGE GRINDING & MANUFACTURING CO.TOOL & DIE, GRINDING FACILITYJuly 23 • El Segundo, CA

ONLINE AUCTION(4) VERSON WHEELON PRESSESJuly 23 • www.biditup.net

“ESTATE SALE”CLASSIC CARS & MACHINE SHOPAugust 10 • Escondido (San Diego), CA

BTA PERFEX: DIVISION OF THERMAL ENGINEERING INTL. FABRICATING & CNC MACHINING FACILITYAugust 20 • Milwaukee, WI

MASTERCRAFT PRECISIONCNC TOOL & DIE SHOPAugust 27 • Milpitas, CA

COULTER STEEL & FORGING CO.FORGED RING-ROLLING FACILITY, MACHINE SHOPAugust 28 • Emeryville, CA

MAGNEQUENCH INTERNATIONAL, INC.STATE-OF-THE-ART MAGNETICS MANUFACTURERSeptember 12 • Anderson, IN

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THINKING OF HAVING AN AUCTION?

NEED AN APPRAISAL? KNOW OF A PLANT CLOSURE?

CALL: (818) 508-7034 EXT. 12