Formula Solutions Inc.

State-of-the-Art Composite & 5-Axis CNC Machining Aerospace Facility Including:

5-Axis CNC Gantry-Type & Vertical Machining Centers:

• CMS ARES 4818-0 LL 5-Axis High Speed Gantry-Type CNC Machining Center with Twin Pallet System, mfg.2022
• (2) CMS ARES Z1200 5-Axis High Speed Gantry-Type Machining Centers with Twin Pallet Systems, mfg.2021
• CMS ANTARES PX5 5-Axis CNC Vertical Machining Center, mfg.2019

Automated CNC Finishing Equipment & Routers:

• ROBOTICOM SANDROB Robotic Sanding & Finishing Cell, mfg.2021
• GERBER DCS 2600 CNC Cutting Table, mfg.2023
• AXYZ PACER 5010 5′ x 10′ CNC Router, mfg.2018
• AXYZ Series 5012 5′ x 12′ CNC Router, mfg.2018
• PROMATION NUCLEAR Robotic Core Production & Finishing Cell, mfg.2022

Batch Ovens, Paint Booths, & Finishing Support Equipment:

• GRIEVE WRC686-500 60 kW Batch Oven, mfg.2022
• PARK THERMAL 60 kW Batch Oven
• OILON P22 SU HC+ ZGWP Chiller System, mfg.2023
• REGLOPLAS PL160L Digital Thermolator, mfg.2023
• REGLOPLAS RT100 Digital Thermolator, mfg.2019
• (2) METALPRESS THC-D-24 Hot Oil Thermolators, mfg.2024
• (3) EUROVAC CPA-150-5753E543 15 HP Dust Collectors, mfg.2022
• KEERTEK JET-FE78 Rotary Parts Washer, mfg.2022
• (5+) DIVERSITECH DD Down Draft Tables
• REGO-FIX POWERGRIP PGU9800 Hydraulic Clamping Machine
• WET TECHNOLOGIES Wet Blaster, mfg.2023
• RAYMAR INDUSTRIAL 9′ x 12′ x 21′ Double Door Cross Draft Paint Booth, mfg.2018

Quality Control & Inspection:

• HEXAGON ABSOLUTE 7-Axis ROMER Portable Scanning Arm CMM, mfg.2018
• CMM XYZ 12.20.10 MICRON II CMM, mfg.2022

Rolling Stock & Plant Support:

• KAESER BSD 50 HP Air Compressor, mfg.2023
• US AIR US50/X26 50 HP Air Compressor, mfg.2022
• US AIR US50 Air Dryer, mfg.2020
• (2) HANEL LEAN-LIFT 88,000 lb. Capacity Vertical Lift Storage-Retrieval Systems, mfg.2022
• TOYOTA 8FBCU25 4,400 lb. Capacity Forklift
• SKYJACK SJ3226 Scissor Lift
• O’BRIEN Free Standing Gantry Crane System, mfg.2023
• LARGE ASSORTMENT of 3500+ Core Molds, 26+ Heavy Duty Closed Die Holder Carts, (3) 4,000 lb. Capacity Portable A-Frame Gantries, Storage & Fireproof Cabinets, Stainless Steel Workbenches, Worktables, Portable Lab Bench, Toolboxes, Hand Tools, Shop Supplies, Perishables, Worktables, Shop Cartsm Bench Type Combo Sanders, REVERSE AIR SYSTEMS Portable Down Draft Table, KENT KTM-380 Milling Machine, MAKITA Cut-Off Saw, (2) COLD JET PCS 60-C001 Dry Ice Blasters, mfg.2022, CYCLONE Blast Cabinet, Adjustable Pallet Racking, Banding Carts, Paint Pumps & Mixers, Spare EUROVAC Components, Digital Floor Scale, Material Cage, Propane Cage, 2-Ton Engine Hoists, Parts System, DEWALT Miter Saw, Drill Presses, LINCOLN ELECTRIC Welders, Floor Scrubber, & MUCH MORE!

Auction Details:

Payment Information:

• PAYMENT DUE 24 Hours After The Sale
• TBD

Removal of Purchases: 

• All assets must be removed no later than Thursday, July 31 by appointment only. Rigging details to follow.
• Rigging and Removal is the Responsibility of the Buyer – Auction House Does Not Pack, Ship, Crate, Transport or Rig Items. Buyers May Pick Up Their Items at the Auction Location or Can Arrange for a Third-Party Logistics Firm to Manage the Removal Process for Them.

Certificate of Insurance:

• Holder: Formula Solutions, Inc. – 1550 Appleby Lane – Burlington, Ontario L7L 6V1, Canada
• Additional Insured: Corporate Assets, Inc. – RE: 1550 Appleby Lane – Burlington, Ontario L7L 6V1, Canada
• General Liability: $1,000,000 Each Occurrence
• General Aggregate: $2,000,000

Available Riggers:

• TBD

Site Supervisor:

• TBD

Auction License Number: North Carolina: Lance Mannion 6003, Cory Mannion 10628 and Asset Sales, Inc. 6625

IN CONJUNCTION WITH CORPORATE ASSETS, INC