Auction Information
1 Acres in Drakes Branch, VA
Complete liquidation of International Carbide & Ponton Wood Products
Bid LIVE On-site or online!
Online bidding starts, Friday, October 25th.
Property Preview:
Thursday October 31st (9am-12pm)
Commercial Buildings & Vacant Lots
Including a 2,000sf building on 1acres
Real Estate Tax Map Numbers 063-A4-A-43, 063-A4-3-7-3, 063-A4-3-7-2, 063-A4-3-7-1, 63-A4-A-44, 063-A4-A-45, 063-A4-A-46, 063-A4-A-52, 063-A4-A-62, 063-A4-A-92, 063-A4-100, 063-A4-98
Machine Shop Equipment, Tools & Inventory
1 Diamond Wheel Inventory
2 Carbide Inventory
3 Saw Blade Inventory
4 Miscellaneous Inventory
5 550 & 555 Parts Inventory
6 Abrasive Wheels & Belts Inventory
7 Router Bit Inventory
8 Aerosmith Inventory
9 Miscellaneous Carbide (3 Cans)
10 Miscellaneous Diamond Wheels (Various Condition)
11 Miscellaneous Saw Blades
12 Contents Of Shipping Room
13 Conten...
13 Contents Of Kitchen
14 Contents Of Office/Network Room
15 Contents Of Office/Sales Office Up Stairs
16 Contents Of Office/CAD Office
17 Contents Of Office/Executitive Office
18 Contents Of Office/Sales & Accounting
19 Norstar Phone System (8 Units w/ Switch)
100 Cabinet w/ Content
101 First Aid Station
102 10 Gallon 4 Hp Shop Vac
103 Saw Polisher
104 Pallet Jack (Reserved For Load Out Until Nov. 15th)
105 Content Of Table
106 30 Gallon Drum & Cart
107 Mechanics Seat, Brooms & Shovel
108 7 Band Saw w/ 8 Extra Blades
109 Top Shelf Miscellaneous Mill Accessories
110 & 111 Shelves Of Miscellaneous Mill Accessories
112 Content Of Counter Top
113 2 Reamer For A Mill
114 Cabinet & Content Of Drawers
115 Foley Center Less Pin Grinder
116 Nanjing Lathe & Accessories
117 Tool & Cutter Grinder (Not Working)
118 Acme Circular Saw Sharpener & Accessories (Not Working)
119 Sand Blasting Cabinet & Accessories
120 Komatsu Fg15 3000Lb Gas Fork Truck (Reserved For Load Out Until Friday, November 15th)
121 Patton Industrial Floor Fan
122 Dry Tile Saws (5 Ea Missing Parts)
123 Wet Tile Saw & Dolly (Missing Parts)
124 Keyway Broaches (No. 40A Minute Man)
125 10 1/4 H.D. Milwaukee Circular Saw
126 Contents Of Table
127 Cart, Dolly & Contents
128 Miscellaneous Saw Blades
129 Grinding & Cutting Blades & Contents Of Table
130 Cut Master End Mill Grinder & Accessories
131 Clarke Floor Maintainer & Buffer Pads
132 Saw Blade Strobe Grinder
133 Indexable Carbide Insert Grinder & Sharpener w/ Accessories
134 Wright Semiautomatic Double Side Grinder
135 680 Automatic Saw Grinder & Sharpener w/ Accessories
136 Pallet Banding Equipment(Reserved For Load Out Until Friday November 15th)
137 Hand Truck
138 5 Ton Hydraulic Press (Damaged Sleeve)
139 Parkmaster 50 Xl Plus Plasma Cutter w/ Cabinet & Accessories
140 Miller High Frequency Tig & Arc Welder w/ Extra Cables
141 Miscellaneous Welding Supplies
142 10 Bench Vice
143 2 Drawer File Cabinet, Wall Cabinet & Contents
144 Contents Of Wall Shelf & Cabinet
145 Wall Cabinet & Contents
146 Contents Of Shelf
147 Miscellaneous Saw Blades
148 Foley 8 Saw Anvil w/ Light Box
149 Oxygen & Acetylene Hoses & Rack
150 #773 Brazet 1/16 Wire (504 Lbs) & Cart (48% Copper, 15% Silicu, 10% Nickle)
151 Welding Torch Set Oxygen & Acetylene Regulators w/ Gas Saver
152 Welding Torch Set Oxygen & Acetylene Dual Regulator (2 Torches)
153 Contents Of Brazing Table
154 Contents Of Bench & Shelf
155 & 156 Ice 600-C Semi Automatic Saw Grinders
157 Foley Face Grinder
158 Acme Saw Grinder
159 Miscellaneous Bushings
160 Ge Refrigerator, Microwave, Toaster & Cart
161 & 162 Shelf, Table & Contents
163 & 164 Ice 650 Automatic Saw Grinders
165 Metal Cart
166 Graphite Pre-Tinning Plates (18)
167 Grinder & Polisher
168 Desk & Contents, Monitor & Stand
169 Contents Of Office (Does Not Include AC Unit)
170 Contents Of Cabinet
171-174 3400 Rpm Induction Motors (Various Condition)Boxes Of 3, 5, or 6
182 Cabinet, Stand & Contents
183 Aerosmith Nailer Set (Condition Unknown)
184 Miscellaneous Induction Motors (23) Condition Unknown
185 Modified Miter Saw
186 Miscellaneous Motors (16) Condition Unknown
187 Table & Contents Of Bottom Shelf
188 Cam Gear Motors (6) Condition Unknown
189 Ice 555 Economy Saw & Tool Grinder w/ Bench
190 Oscilloscope Type 502A Dual Beam & Type 545 (Condition Unknown)
191 Ice 555 Economy Saw & Tool Grinder w/ Cart (Use For Parts)
192 Underwood Standard Typewriter & Bench
193 Shear Press Brake
194 Ice Double Side Grinder
195 Carolina Braiser
196 Ice 600-C Semi Automatic Saw Grinder
197 Band Saw Welder
198 & 199 650 Automatic Saw Grinders (Use For Parts)
200 Ice Double Side Grinder
201-204 600-C Semi-Automatic Saw Grindera
205 No Item For Sale
206 Drum Dolly
207 4 Warehouse Box Fan
208 Industrial Warehouse Light (3)
209 Barrel Of Mixed Aluminum
210 10 Hp 120 Gal Air Compressor
211 Miscellaneous Size & Pitch Band Saw Blades (58)
212 Fracture Factor Machine
213 Drafting Light Box
Sale Manager: George McDaniel
Company Background
HISTORY
ICE was started in 1977 as a sharpening and repair operation for the carbide tipped saws and tools used by Ponton Wood Products (PWP), LLC. a manufacturer of industrial lumber products. Because of the expense of outside vendors, the start-up cost for ICE, as a service to PWP, LLC,was easily justified. Soon, a 50/50 stock corporation was formed with an expert in the carbide tool industry. ICE now benefits from an excellent world-wide reputation and is a significant leader in the industry.
SALES TECHNIQUE
Sales by distributors located throughout the USA and Canada. Foreign distributors located in: Argentina, Chile, England, France, Guatemala, Ireland, Mexico, Pakistan, Taiwan, and by factory representatives: (non-salary, commission based salesmen) located in the following states: Mississippi, New Jersey, Tennessee, Washington, and also by a licensed manufacturing and sales facility located in the Netherlands which provides sales and service for ICE products for much of western Europe.
CUSTOMERS
ICE has an established customer base in the saw and tool sharpening, repair and manufacturing industries. A significant part of its sales (approximately 45%) are to the industrial sector of the North American market. These customers include sawmill, lumber, pallet, machinery, and hearing-aid manufacturers. Foreign sales represent approximately 20% of total sales including those in the following countries: Argentina, Australia, Canada, Chile, Columbia, England, France, Guatemala, Ireland, Mexico, Puerto Rico, The Netherlands, Netherlands Antilles, Slovenia, South Africa. Marketing efforts are progressing in Canada, England, France, Germany and The Netherlands.
Real Estate Terms: 5% Buyers Premium added to high bid(s) to determine contract sales price(s). 10% deposit due on the day of the auction with the balance due at closing within 30 days. Potential buyers must perform such independent investigations with respect to property as they deem necessary to verify information provided by the auction company and/or seller. All information provided by the auction company and/or seller is deemed reliable but not warranted. All property is being sold as is without representations or warranties of any kind or nature. Full terms available online and displayed on day of the auction.
Personal Property/Inventory Terms: 12% Buyers Premium added to the high bid to determine contract sale price with 2% discount if paying with cash or check. Full settlement required day of the sale. Full terms available at the auction. Payment accepted via cash VISA/MasterCard, or check with valid identification.
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