P LA N T C LO S E D • E V E R Y T H I N G S E L L S

AMS TUBE CORP.$3 MILLION DMC PIPE MILL & SLITTING LINE$3 MILLION DMC PIPE MILL & SLITTING LINE

Industrial Assets, Inc.Industrial Assets, Inc.Auctioneers Liquidators Appraisers

Phone: 818.508.7034Fax: 818.508.3025

www.industrialassets.comemail: iai@industrialassets.com

TERMS

EDGEWATER STEEL, LTD.LOCOMOTIVE WHEEL MFG., FORGING EQUIP., RING MILLLINES, MACHINE SHOPMay 9 • Oakmont, PAPROCESS MANUFACTURING, INC.MINSTER PRESSES & MACHINE SHOPMay 21 • Richmond, KYTDK ELECTRONICS CORP.MANUFACTURER OF VIDEO CASSETTESMOST EQUIPMENT IN THE 1990'SMay 23 • Atlanta, GAMcNALLY MANUFACTURING$3 MILLION MACHINE SHOPJune 12 &13 • Pittsburg, KSHASKELL SENATOROFFICE FURNITURE MANUFACTURERJune 19 • Verona (Pittsburgh), PA(4) VERSON WHEELON PRESSESSTATE-OF-THE-ART, LOW-HOUR, FLUID FORMINGPRESSESJune 20 • Studio City (Los Angeles), CA

UPCOMING AUCTIONSUPCOMING AUCTIONS DIRECTIONSFrom New Orleans: Take I-55 North to I-12 East. Exit #35 South(Pumpkin Center Rd.) Sale Site Approx. 2 Miles on Right. Look for AuctionSignsFrom Baton Rouge: Take I-12 East. Exit #35 South (Pumpkin Center Rd.).Sale Site Approx. 2 Miles on Right. Look for Auction Signs.

10:30 a.m.,Wednesday,May 15th 10:30 a.m.,Wednesday,May 15th

AMS TUBECORP. AMS TUBECORP.PLANTCLOSEDnEVERYTHINGSELLS

$3 MILLIONDMC PIPEMILL& SLITTINGLINE

$3 MILLIONDMC PIPEMILL& SLITTINGLINE

40525 Pumpkin Center Rd.,Hammond,LA

40525 Pumpkin Center Rd.,Hammond,LA

Industrial Assets,Inc.11426 Ventura Blvd. Second FloorStudio City,CA 91604Asa Marshall,Auctioneer,LA Lic. #867

50-T RAMCO Industrial Press, Mdl. RP55, s/n 4177 • PRINCE Hydraulic PipePress, Mdl. SAE-9708, 2500 PSI • Mill Spare Parts • MANHATTAN Heavy DutyDrill Press • Pipe Aligning Machine • PANNIER Offset Printers • PORTERPower • Main Transformers • NORTHSTAR Pressure Washer •FEATHERLITELeaf Blower • BALDOR Blower • Shelving & Much, Much More.

SULLAIR Air Compressor, Mdl. LS125OHACAC, 125HP, s/n 003-102944.SULLAIR Air Compressor, Mdl. 16B5-75LACAC, 75HP, s/n 003-71463.ULTRA Air Dryer, Mdl. UA625AC, s/n U-25929.

(6) 1 Yd. Cap. ROURA Dump Hoppers • Dies • Metal Storage Boxes •Fans • Fire Extinguishers • Lockers • Shelving • Racking • OfficeFurniture & Equipment:Chairs, Desks, File Cabinets, Portable CoolingFans • Complete Kitchen: Microwaves, Coffee Maker, Refrigerator,Tables, Chairs & Much, Much More!

10:30 A.M. WEDNESDAY

MAY 15TH

10:30 A.M. WEDNESDAY

MAY 15TH40525 PUMPKIN CENTER RD.

HAMMOND, LA40525 PUMPKIN CENTER RD.

HAMMOND, LA

Inspection: Tuesday, May 14th9:00 am to 4:00 pm & Morning of Sale

Inspection: Tuesday, May 14th9:00 am to 4:00 pm & Morning of Sale

RIGID Pipe Threader

MILLERMARIC 250 Amp Welding Machine30-T P&H Overhead Crane

3-T Mill Loading Crane w/C-Hook

20-T DAHLSTROM C-Hook 30-T WINSLOW Scale 50-T RAMCO IndustrialPress, Mdl. RP55

Complete DMC Pipe Mill System

New DMC Slitting Line • Never Installed!

1993 FORD Ranger XLT Pickup, VIN #1FTCR10A3PTA61577

11,000 Lb. YALE Forklift

View of Forklifts

ROLLING STOCK

AIR COMPRESSOR & DRYER

MISCELLANEOUS MACHINERY

MISCELLANEOUS

3 AVAILABLE

1993 AUCTIONAUCTION

AUCTIONAUCTION

AUCTION AUCTION#1

#2

#3

#4#5

#6

Sale Conducted by: Industrial Assets, Inc., Subject toour customary terms of sale, (Available at the auctionsite on the day of the sale), and any and all amend-ments and modifications announced by the auctioneerat the time of the auction. The auctioneer and sellermake no warranties or guarantees, expressed orimplied, as to the defects in or the correctness or accu-racy of the descriptions in any advertising of anyitem(s) being auctioned and will not be responsible forany advertising discrepancies or inaccuracies of anykind. All items sold will be on an “AS IS”, “WHERE IS”,and “WITH ALL FAULTS”, basis “WITHOUT EXCEPTION”and “WITH REMOVAL AT BUYER’S RISK AND EXPENSE”.AUCTIONEER AND SELLER MAKE NO WARRANTIES ORGUARANTEES OF ANY KIND, EXPRESSED OR IMPLIED ASTO THE NATURE, QUALITY, VALUE OR CONDITION OF THEITEM(S) BEING AUCTIONED OR ITS (THEIR)SUITABILITYFOR ANY USE. AUCTIONEER AND SELLER EXPRESSLYAND SPECIFICALLY DISCLAIM WITHOUT LIMITATION ANYWARRANTY OF MERCHANTABILITY OR FITNESS FOR APARTICULAR PURPOSE. AUCTIONEER SHALL NOT BELIABLE FOR SPECIAL, CONSEQUENTIAL OR INCIDENTALDAMAGES. It shall be the buyer’s obligation to verifyinformation and descriptions of property prior to sale.Industrial Assets, Inc., and its advertising agencyassume no liability for errors or omissions in thisbrochure. The auctioneer does not warrant theage,accuracy, genuineness, authenticity, description,weight, count or measure of any listings specifiedherein. Although it is not likely, auction sales are sub-ject to cancellation or postponement, and sometimesitems are withdrawn from the sale, kindly contact

Industrial Assets, Inc., prior to travel as there will be noreimbursements. On the day of the sale, all successfulbidders must immediately pay the full purchase pricein cash, certified funds, cashiers check, wire transfer orcompany check with a letter from the buyer’s bankguaranteeing unqualified payments to IndustrialAssets, Inc. Your letter should be similar to the follow-ing: [Mr. “Customer Name” is a customer of this bank.This bank will guarantee unqualified payment toIndustrial Assets, Inc. on the account listed herein up tothe amount of $______. This letter is valid until 30working days after the auction sale.] Company checkswithout letter from bank guaranteeing unqualified pay-ment will not be accepted. The failure to make paymentpromptly shall be considered default and each lot orlots so purchased will be placed for resale. The buyermust pay the total invoice price for all the lots pur-chased before any removal can begin. All buyers mustpay applicable sales tax (unless evidence of exemptionis provided to auctioneer’s satisfaction). Buyers areresponsible for the transportation, associated costsand risks involved in the removal of purchased item(s).Certain items may contain residual chemicals and/orhazardous materials. The purchaser(s) hereby indemni-fy and hold harmless the auctioneer and seller fromany and all damages, claims or liability from anyinjuries to persons or property of any type whatsoevercaused during the sale of, during the removal, or duringuse or operation of the purchased item(s). If you areunable to attend, please contact us regarding placing aproxy bid. ALL ITEMS SUBJECT TO PRIOR SALE. PLEASENOTE: All sales are subject to a 10% buyer’s premium.

AMS TUBE CORP.

$1.8 MILLION

REPLACEMENT COST!

$1.2 MILLION

REPLACEMENT COST!

1999

First ClassPresorted

U.S. PostagePAID

VanNuys, CAPermit No. 951

$1.8 MILLION REPLACEMENT COST 1999 DMC 2 1/2”Pipe Mill, .839-2.5” OD Cap., .030”-.160” Wall, 12,000 Lb.Double End Uncoiler, Strip Joiner w/Alligator-TypeStraightener, Floor-Type Accumulator, 4-Stand UniversalDrive Break-Down Mill, 3-Stand Universal Drive Fin PassMill, 350KW BOSUNG Welder, 4-Stand Universal DriveSizing Mill, 8-Roll Tandem Squaring Turksheads, 2 3/4”Shafts, Friction Saw Cut-Off, Coolant System w/Water FilterPress, 27’ In-Line Facing & Beveling System, Tooling for1.315”-1.9”-2”.

• 1999 4-Head Spray-Vac Coating System.• 1999 6-Lamp Ultra-Violet Light Shielding System• 1999 PANNIER Offset Printers• 1999 DMC Tube Bundling System

4 1/2” McKAY, 4 1/2” ODx.155” Cap., 8,000 Lb. Double EndUncoiler, GUILD Strip Jointer, Overhead Looper, 7-StandForming Mill, 2 5/8” Arbors, 160 KW THERMATOOL Welder,3-Stand Sizing Mill, ALPHA TC-14-3 Cut-Off, 2-Motor120HP DC Drive, 30’ Run-Out, AETEK UV Coating System,Tooling For 1.66”-1.9”-2.875”-4”-4.5”.

Brand New, Never Installed 1998 SABILA, 4 1/2”x .155”Capacity, 130 FPM@21’ Length, 20” Blade, Double DumpTable, For Tube Mill.(2) 1984 PINES, Mdl. 30 “Dynacut” w/Tooling, Die Sets,Blades, s/n’s 33350, 84100.

TO BE SOLD VIA PHOTOLOCATED IN SOUTH CAROLINA

$1.2 Million Replacement Cost! Brand New,Never Installed 1999 50,000 Lb.x60”x.187”x80”OD DMC, Mandrel Uncoiler w/Car, Peeler, CropShear, Entry Pinch Rolls, (2) 9” Arbor Quick-Change Slitting Heads, Dual Scrap Winders, LoopTable, Tensioner, Recoiler w/Support, OverarmSeparator, Hydraulic Push, Tilting Coil Car, 150HPDC Drive on Recoiler.

1970’s 40,000 Lb.x60”x.250”x72”OD CINCINNATI, Uncoiler, CoilCar, Sliding Base, Peeler, PAXSON Crop Shear, 7” Arbor Slitter,150HP Recoiler, 20” Drum, Overarm Separator, Exit Turnstyle,Completely Tooled.

Complete DMC Pipe Mill System

Forming Mill for DMC Pipe Mill System Coil Entry Line for DMC Pipe Mill System

Accumulator for DMC Pipe Mill System Sizing Mill for DMC Pipe Mill System

Tooling for DMC Pipe Mill System

DMC Mill Cooling System w/Filter Press

4 1/2” McKAY Tube Mill System 40,000 Lb.x60”x.250”x72” OD CINCINNATI Slitting Line Uncoiler & Coil Car for CINCINNATI Slitting Line

150HP Recoiler for CINCINNATI Slitting Line

Exit Turnstile for CINCINNATI Slitting Line

PINES, Mdl. 30 “Dynacut” Flying Cut-Off

4 1/2”x.155” SABILA Flying Cut-Off(818) 508-7034, Ext. 12(818) 508-7034, Ext. 12CALL:CALL: VICTAULIC Roll Groove Machine

COMPLETE BRAND NEW, NEVER INSTALLED 1999 DMCMill Cooling System, Recirculating Pumps, Filter Press

1997 VICTRAULIC, 12” Diameter, Mdl. VE-260, Double End,4’-27’ Length, Completely Tooled up to 6 5/8” Diameter.

Double Coil Reel

Entry View of McKAY Line

TO BE SOLD VIA PHOTO LOCATED IN SOUTH CAROLINA • CALL FOR INSPECTION

10:30 a.m., Wednesday, May 15th

AMS TUBE CORP.PL A N T CL O S E D n EV E RY T H I N G SE L L S

$3 MILLION DMC PIPE MILL & SLITTING LINE

40525 Pumpkin Center Rd., Hammond, LAInspection: Tues., May 14th, 9-4 & Morning of Sale $1.2 MILLION

REPLACEMENT COST!

$1.2 MILLION

REPLACEMENT COST!

1999

1999

1999

1999 1999

1999

19991984

1998 1997

1999

NEW NEW

NEW NEW

NEW NEW

NEW! NEVER USED!

2 AVAILABLE

BRAND NEW!

NEVER INSTALLED!

NEW DMC SLITTING LINE • NEVER INSTALLED!

AMS TUBE CORP.

10:30 a.m., Wednesday, May 15th

PIPE MILL SYSTEM

TUBE MILL SYSTEM

FLYING CUT-OFFS

SLITTING LINES

MILL COOLING SYSTEM

PIPE GROOVING SYSTEM

THINKING OF HAVING AN AUCTION?NEED AN APPRAISAL?

KNOW OF A PLANT CLOSURE?

THINKING OF HAVING AN AUCTION?NEED AN APPRAISAL?

KNOW OF A PLANT CLOSURE?

7” DEWALT Angle Grinder, Mdl. DW 474, s/n171793.4 1/2” DEWALT Angle Grinder, Mdl. DW 402, s/n 198712.(2) MAKITA Grinders, Mdl. 9524NB, 4 1/2”.THOMPSON Surface Grinder, 12”x24”.THOMPSON Surface Grinder, 6”x18”.8” Bench Grinder.

RIGID, Mdl. 535, s/n 31562

MILLERMATIC 250 Amp Welding Machine, s/n KF872760MILLER Thunderbolt Welding Machine, s/n KJ218188.VICTORS Torch Set.

30-T P&H Overhead Crane, s/n CH32093MM.3-T Mill Loading Crane w/C-Hook30-T WINSLOW Scale, Mdl. 323010FS, s/n 760075.30-T C-Hook20-T DAHLSTROM C-HookRAMCO Cherry Picker, Mdl. 5000, s/n 130590.10’ & 6’ Cable Slings.Set of 6’ YALE Forks.

12,000 Lb. YALE LP Gas, Solid Tire, 3-Stage Mast,Hydraulic Side Shift, s/n B818D02108T.1993 11,000 Lb. YALE LP Gas, Mdl. GTP-110,3-Stage Mast. Side Shift, Pneumatic Tire. s/n D8204931999 6,000 Lb. DAEWOO Diesel,Cushion Tire, 3-StageMast, Hydraulic Side Shift, s/n 16-02899.

GRINDERS

PIPE THREADER

WELDING EQUIPMENT

MATERIAL HANDLING

FORKLIFTS