Bankruptcy: Motive Power and Equipment Solutions
Auction closed.
Auction closed.
Bankruptcy: Motive Power and Equipment Solutions
Auction closed.
Auction closed.
Description
This auction will liquidate assets related to US Bankruptcy Case 22-00381-hb. The auction includes locomotives, forklifts, welders, locomotive parts, locomotive accessories, tools, equipment and much more all selling to the highest bidder.
This auction features 5% buyer's premium.
This auction features 5% buyer's premium.
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Closed Lots
Locomotive Truck/Bogie with Electric Traction Motor and Wheels
- Untested - operation unknown
- Currently sitting on a railroad spur at the Motive property.
- Approximately 30,000 pounds in weight
- This unit will require a rigging company to remove it from the premises. A Certificate of Insurance listing Meares Property Advisors, Inc as 'Additional Insured' will be required before the unit is moved or loaded.
Locomotive Truck/Bogie with Electric Traction Motor and Wheels
- Untested - operation unknown
- Currently sitting on a railroad spur at the Motive property.
- Approximately 30,000 pounds in weight
- This unit will require a rigging company to remove it from the premises. A Certificate of Insurance listing Meares Property Advisors, Inc as 'Additional Insured' will be required before the unit is moved or loaded.
Oerlikon Engine Lathe Model DM5 S
- Swing: 38" Distance Between Centers: 236"
- Untested - operation unknown
- Was in use when Motive was in business
- This unit will require a rigging company to remove it from the premises. A Certificate of Insurance listing Meares Property Advisors, Inc as 'Additional Insured' will be required before the unit is moved or loaded.
Fuel Storage Station
- Diesel fuel tank on top with open storage on lower level
- Buyer will need loading assistance for removal.
STARTRITE Model 65 Vertical Heavy Duty Metal Bandsaw
- Untested - operation unknown
- This unit will require a rigging company to remove it from the premises. A Certificate of Insurance listing Meares Property Advisors, Inc as 'Additional Insured' will be required before the unit is moved or loaded.
Locomotive Truck/Bogie with Electric Traction Motor and Wheels
- Untested - operation unknown
- Currently sitting on a railroad spur at the Motive property.
- Approximately 30,000 pounds in weight
- This unit will require a rigging company to remove it from the premises. A Certificate of Insurance listing Meares Property Advisors, Inc as 'Additional Insured' will be required before the unit is moved or loaded.
Locomotive Truck/Bogie with Electric Traction Motor and Wheels
- Untested - operation unknown
- Currently sitting on a railroad spur at the Motive property.
- Approximately 30,000 pounds in weight
- This unit will require a rigging company to remove it from the premises. A Certificate of Insurance listing Meares Property Advisors, Inc as 'Additional Insured' will be required before the unit is moved or loaded.
Group of Two Railroad Work Stands
- Heavy steel construction
- These measure 40 inches tall and 12 inches diameter at the top
Flammable Liquid Storage Box and Section of Scaffolding
- Both for one bid price
- Both in good used condition
Group of Four Whiting 35-ton Portable Electric Rail Car Jacks
- These jacks were used by Motive to lift rail cars and locomotives during repair.
- Untested - operation unknown
- All for one bid price
- These are heavy units that will need extra lifting to remove from the premises
EMD Locomotive Electric Traction Motor Model D-77
- Dated 5-12-20
- Untested - operation unknown
- This unit will require a rigging company to remove it from the premises. A Certificate of Insurance listing Meares Property Advisors, Inc as 'Additional Insured' will be required before the unit is moved or loaded.
Locomotive Electric Traction Motor Model D-78
- Untested - operation unknown
- This unit will require a rigging company to remove it from the premises. A Certificate of Insurance listing Meares Property Advisors, Inc as 'Additional Insured' will be required before the unit is moved or loaded.
Metal Storage Rack with Contents
- All for one bid price
- Buyer to take all items
- See photos for all items
Delta Upright Air Compressor - 240-volt - 80-gallon
- Untested - operation unknown
- 175 psi
- 6.5 peak hp
Blue Storage Bins with Contents - Loaded with Hardware
- Buyer to take all items
- Includes nuts, bolts, fittings and other hardware
- All for one bid price
Metal Storage Cabinet and Contents
- Buyer to take all items
- Includes hardware, C-clamps and metal strapping
- All for one bid price
Group of Two Storage Cabinets with Contents
- Both for one bid price
- See photos for a full description of the contents
- Hoses, wiring, electrical
- Buyer to take all items
Metal Rack and Pallet with Storage Chest and Wire Spools
- All for one bid price
- Buyer to take all items
Group of Two Whiting 35-ton Portable Electric Rail Car Jacks
- Untested - operation unknown
- These look to have been cannibalized for parts
- These will require additional loading assistance to remove from premises
Group of Two Two-Door Metal Cabinets with Contents
- All for one bid price
- See photos for full contents
- Buyer to take all items
Two-Door Metal Cabinet and Lateral Storage Cabinet
- Both for one bid price
- Includes contents shown in photos
- Buyer to remove all items
Three Pieces of Heavy Duty Shop Equipment
- Hammond of Kalamazoo NoDust Grinder
- Band Saw
- Additional Grinder
- None of the items were tested - operation unknown
- All for one bid price
- Buyer should consider using a professional rigger due to the size and weight of these items.