DOWNHOLE TUBULAR MANUFACTURING COMPANYFeaturing: MAZAK and DOOSAN CNC Slant Bed Lathes, as new as 2010; ACRA Flat Bed CNC Lathe, 2008; WARNER & SWASEY SC36 Chucker, Retrofitted 2013;

LEHMAN 12.15" Hole Hollow Spindle Lathe; WARNER & SWASEY 4A with 12.5" Spindle Hole; Engine Lathes; Bandsaw; Portable and Stationary Hardbanding Machines, as new as 2012; Pipe Cleaning and Handling Systems; Welding Machines; QC and Measuring Equipment, Forklifts up to 20,000-Lb. Cap.; Water Truck; Trailer, More!

At the Premises of

FWM TUBULAR & EQUIP. CORP.10111 Fostoria Road, CLEVELAND, TEXAS 77328

(See Directions on Back Page)

AUCTION: THURS., JULY 14 • 10:00 A.M.INSPECTION: Wednesday, July 13,

9:00 A.M. to 4:00 P.M. & Morning of Sale

MAZAK SLANT TURN NEXUS 550 CNC LATHEDOOSAN PUMA 800L CNC LATHE

ARC SPECIALTIES HARDBANDING AND SUB-ARC WELDING SYSTEM

COFFEY PORTABLE HARDBANDING UNIT

JOHN DEERE MDL. 624K ARTICULATED FORKLIFT

AUCTION

Read Partial Terms and Conditions on Back Page of Brochure

BUYER’S PREMIUM: 15% ON-SITE • 18% WEBCAST On-Site Bidding in Cleveland, Texas or Bid Via Webcast at

CNC CNC

2009

20102008

2009

2005

FAX: (713) 672-7905

1304 Langham Creek Drive, Suite 454, Houston, Texas 77084

E-MAIL: pmi@pmi-auction.com • WEBSITE: www.pmi-auction.com

Ron Moore, Texas Lic. #7314 • HOUSTON • DALLAS • ST. LOUIS

PHONE: (713) 691-4401

Sale Conducted By: In Conjunction With:

105 Revere Drive, Suite CNorthbrook, IL 60062Phone: 224-927-5320

Fax: 224-927-5311www.pplauction.com

CNC LATHESMAZAK SLANT TURN NEXUS 550, new 8/2010, Mazatrol Matrix CNC con-trol, 40.94" swing, 35.8" turning dia., 123" dist. btwn. centers, 12-1/4" spndl. hole, 1,000 RPM, 60 HP, 24" dia. 4-jaw front and rear manual chucks, 12-station turret, chip conveyor, manual 3-pt. steadyrest on program-mable slide, S/N 217424.DOOSAN PUMA 800L, new 11/2008, Fanuc 21i-TB CNC control, 40.6" swing, 35.43" turning dia., 126" dist. btwn. centers, 12-1/4" hole, 750 RPM, 60 HP, 12-pos. turret, 24" dia. 4-jaw front chuck, 24" dia. 3-jaw rear chuck, manual 3-pt. steadyrest w/carriage, chip conveyor, S/N P60L0951.MAZAK QUICK TURN NEXUS 450-II, new 8/2010, Mazatrol Matrix Nexus CNC control, 33.27" swing, 23" turning dia., 80" dist. btwn. centers, 6" bar cap., 2,000 RPM, 60 HP, 20" dia. 4-jaw front chuck, 19-1/2" dia. 3-jaw rear chuck, tool pre-setter, 12-pos. turret, chip conveyor, S/N 219591.ACRA MDL. FCW 2680NC FLAT BED, new 2008, Fanuc 0i-TC, 26" swing, 14.5" turn-ing dia., 80" dist. btwn. centers, 7.1" spndl. hole, 1,000 RPM, 30 HP, 19-1/2" dia. 4-jaw front and rear chucks, 8-pos. front vert. turret, 6-pos. horiz. rear turret, pwr. tailstock, S/N 380254.

PROXY BIDS If you cannot attend this sale or bid online we will bid on your behalf. Contact PMI at (713) 691-4401 for instructions, or go to our website at www.pmi-auction.com.

2

MAZAK SLANT TURN NEXUS 550 CNC LATHE

CNC

2010

DOOSAN PUMA 800L CNC LATHE

CNC

2008

MAZAK QUICK TURN NEXUS 450-II CNC LATHE

CNC

2010

ACRA 26 X 80 FLAT BED CNC LATHE

CNC

2008

TWIN

TURRETS

WARNER & SWASEY 4A 28.25" X 120" SADDLE-TYPE TURRET LATHE HEM SIDEWINDER-M 12.75" X 16" CAP. HORIZONTAL BANDSAW

BRIDGEPORT SERIES I VERTICAL TURRET MILL

CNC CHUCKERWARNER & SWASEY MDL. SC36 M4930, retrofitted 2013 w/Fanuc 0i-TD CNC control, 32" swing, spds.: 9–400 RPM, 12-1/2" hole, 6-pos. vert. turret, 75 HP drive, 28" dia. 4-jaw front chuck, 31-1/2" dia. 3-jaw rear chuck, chip conveyor, S/N 2617482.

HOLLOW SPINDLE LATHELEHMANN MDL. 2516, 27.5" swing over bed, 18.5" swing over carriage, 120" dist. btwn. centers, 12.15" spndl. hole, spds.: 8–240 RPM, 24" dia. 4-jaw front and rear chucks, taper attach., steadyrest, air trip thdng. attach., S/N 241215175.

SADDLE-TYPE TURRET LATHEWARNER & SWASEY MDL. 4A, M-3580, 28.25" max. swing, approx. 120" dist. btwn. rear turret face and spndl., 12-1/2" spindle hole, spds.: 10–384 RPM, 75 HP motor, 24-1/2" 4-jaw hollow spndl. chuck, 24-1/2" dia. 4-jaw rear mtd. chuck, extended bed length, front mtd. taper attach., 6-pos. rear turret, S/N 2186231.

ENGINE LATHESTOS 20" X 80" MDL. SN50B GAP BED, 2-axis D.R.O., spds.: 22.4–2,000 RPM, 2-1/2" spndl. hole, steady rest, follow rest, S/N 050200850591.

SOUTHBEND 17" X 60" MDL. TURN-NADO, spds.: 30–1,050 RPM, 2-1/2" spndl. hole, 3-jaw chuck, S/N 69GJ1858.

VERTICAL TURRET MILLING MACHINE

BRIDGEPORT SERIES I, 9" x 42" tbl., 4" riser block, 2 HP variable spd. head, chrome ways, S/N 204766.

PLAIN CYLINDRICAL GRINDERNORTON 24" X 48", 36" x 3" wheel size, retrofitted hyd. tbl. drive, approx. 50 HP spndl. drive motor.

HORIZONTAL BANDSAWHEM MDL. SIDEWINDER-M, new 2008, 1" blade, 12.75" x 16" cap. at 90°, 10" x 10" cap. at 45°, 3 HP blade drive, H.D. pwrd. infeed conveyor, material storage racks, S/N 1049308.

WARNER & SWASEY SC36 CNC CHUCKERLEHMANN 27.5" X 120" HOLLOW SPINDLE LATHE

AUCTIONAt the Premises of

FWM TUBULAR & EQUIPMENT CORP.10111 Fostoria Rd., CLEVELAND, TX 77328

(See Directions on Back Page)

AUCTION: THURSDAY JULY 14 • 10:00 A.M.

INSPECTION: Wednesday, July 13,

9:00 A.M. to 4:00 P.M. & Morning of Sale

On-Site Bidding in Cleveland, Texas or Bid Via Webcast at

3

CNC 12.5

SPINDLE

HOLE

12.5

SPINDLE

HOLE

RETROFITTED2013

4"

RISER

2008

PLASMA ARC

GOUGING SYSTEM

ARC SPECIALTIES MDL. ARC-08G PAC, new 2009, V/S head-stock w/10" dia. thru hole and 3-jaw chuck, linear slide way, Esab Plasmarc Mdl. ESP-150 power supply, 150 amps @ 120 v., 90% duty cycle, S/N 1192-20411.

COMBINED DRILL PIPE HARDBANDING & SUB-ARC STUB WELDING SYSTEM

ARC SPECIALTIES MDL. ARC 8-P, new 2009, gear motor driven pwr. headstock, 10" thru hole, 3-jaw chuck, Arc Specialties hard-banding head, approx. 24" vert. travel, tilting electrode holder, Miller sub-arc welding head w/approx. 24" vert. travel, remote weld controls, Miller Mdl. Deltaweld 652 welding pwr. supply, 650 amps @ 44 v., 100% duty cycle, 19'L. hyd. tilting frame, S/N 1183-20410.

HARDBANDING WELDING SYSTEMEXTREME HARDBANDING, new 2012, hyd. operated headstock, 10" thru hole 3-jaw chuck, sub-arc weld carriage, approx. 24" linear travel, S/N SHB594 with Lincoln Mdl. NA-3N sub-arc weld control system, Lincoln Mdl. DC600 multi-process welding pwr. supply, S/N U1120501904, Lincoln cooler unit, fully enclosed weld box, unit is mtd. to 96" sq. fabricated steel skid.

4

<COFFEY PORTABLE HARDBANDING UNIT

>NEWMAN MACHINE

PORTABLE HARDBANDING

UNIT

PORTABLE HARDBANDING UNITS

COFFEY MDL. SPG, new 2005, rear entry design, 25" 3-jaw chuck w/9-15/16" thru hole, gear driven headstock, auto. step-over, hyd. jack stands, Lincoln Mdl. Commander 500 diesel welder generator unit, 500 amps DC @ 40 v., 100% duty cycle, integrated bottle racks, tandem-axle Gooseneck trailer, VIN TR208348.

NEWMAN MACHINE, new 2008, side entry design, approx. 10" thru hole, hyd. drive headstock, 24" travel, Miller Mdl. Del-taweld 652 welding pwr. supply, 47 HP diesel generator sys-tem, outboard suppt. stand, accessories, integrated bottle racks, tandem gooseneck trailer, hyd. landing gear, 30-gal. fuel tanks, TX License No. 294169H, S/N JN82608HB30.

PROXY BIDSIf you cannot attend this sale or bid online we will bid on your

behalf. Contact PMI at (713) 691-4401 for instructions, or go to our website at www.pmi-auction.com.

2012

2009

2005

2009

2008

5

ASSORTED HARDBANDING WIRE

CLOSE UP VIEW OF MOONLIGHT MACHINE HYDRAULIC FEED TABLES

MOONLIGHT MACHINE HYDRAULIC STRAIGHTENING PRESS

SAMPLE VIEW OF PORTABLE PIPE STORAGE RACKS

>HYDRAULIC LIFT AND

CARRY BUGGYS

RG-NDT BRUSH-TYPE CLEANING MACHINE

>PHOSPHATIZING

SYSTEM

MOONLIGHT MACHINE HYDRAULIC FEED TABLES

HYDRAULIC STRAIGHTENING PRESSMOONLIGHT MACHINE APPROX. 150 T. CAP., V-roller rest, heavy fabricated construc-tion, unitized hyd. system, 27-1/4" max. dist. btwn. housings, 30' overall bed length.

HYDRAULIC PIPE FEED TABLES(9) MOONLIGHT MACHINE, approx. 30' overall length, hyd. pwrd. V-roller infeed unit, side material racks w/hyd. kick-off, integrated hyd. pwrd. supply unit.

(2) HYDRAULIC LIFT AND CARRY PIPE TBLS. w/track sections.

BRUSH-TYPE CLEANING MACHINERG-NDT INTERNATIONAL, 2-3/8" to 13-3/8" cap., dual air powered external brushes, internal lance, approx. 40'L. infeed/outfeed con-veyors, dust collection, unitized hyd. system, S/N 905-006.

PHOSPHATIZING SYSTEMCUSTOM 36"W. X 65-1/2"L. X 24" DP., stainless steel lined tank, Goulds circulator pump, combustion blower, digital temp. controls, parts basket.

AUCTION: THURSDAY, JULY 14 • 10:00 A.M.

On-Site Bidding in

Cleveland, Texas or Bid Via

Webcast at

INSPECTION: Wednesday,

July 13, 9:00 A.M.

to 4:00 P.M. & Morning

of Sale

At the Premises of

FWM TUBULAR & EQUIPMENT CORP.10111 Fostoria Road, CLEVELAND, TEXAS 77328

(See Directions on Back Page)

9AVAILABLE

150 T.

6

3,000 PSI PRESSURE WASHER

SAMPLE VIEW OF MILLER WELDING MACHINES

ASSORTED CUTTING TOOLS

FARR PORTABLE FUME COLLECTOR

GRACO AIRLESS PAINT SPRAYER

API WORKING GAUGES AND SAMPLE VIEW OF QC AND MEASURING GAUGES

WELDING MACHINESMILLER MDL. DELTAWELD 652 WELDER, 650 amps @ 44 v., 100% duty cycle, S/N JG051909.(5) MILLER MDL. XMT 456 CC/VV, all new 2011, 450 amp cap.(11) MILLER MDL. DELTAWELD 452, as new as 2011, 450 amp cap.MILLER MDL. BOBCAT 250 PORTABLE WELDER, new 2010, 250 amps @ 25 v., 100% duty cycle, 11 kW gasoline fired generator, skid mtd. w/bottle rack, S/N MA430258H.MILLER MDL. MILLERMATIC 252 INTEGRATED MIG WELDER, new 2014, 200 amps @ 28 v., 60% duty cycle, S/N ME051048N.WELD ENGINEERING PORTABLE WELD FLUX SYSTEM, tank and vacuum.FARR PORTABLE WELD FUME COLLECTOR w/articulated boom.

PORTABLE POWER WASHERSNORTH STAR, 3,000 PSI, 4 GPM, key start, kerosene fired, Honda gasoline engine, Mdl. 66DX40G1 plunger pump, chemical feed system.TROYBILT MDL. XP, 3,000 PSI, 2.7 GPM output, running gear.

API WORKING GAUGESAPPROX. (25) COMPLETE SETS, from 2-5/8" up to 8-5/8" w/(30) add’l. ring and plug style gauges.

MICROMETERS(2) 1" TO 12" IN SIZE MICROMETER SETS; MITUTOYO 0" TO 12" INTERCHANGEABLE ANVIL MICROMETER; FOWLER 1" TO 2" MI-CROMETER SET.

CALIPERSGAGEMAKER 0" TO 12" DIAL TYPE CALIPER; (3) GAGEMAKER MDL. PD-8001 0" TO 8" DIGITAL CALIPERS; (2) FOWLER 12" DIAL-TYPE CALIPERS.

AIRLESS PAINT SPRAYERGRACO MAGNUM, running gear, oxy./acy. torch cart w/hoses and gauges.

<WELD ENGINEERING PORTABLE WELD FLUX SYSTEM

PRECISION MACHINE ACCESSORIES ASSORTED TOOL HOLDING FIXTURES

On-Site Bidding in Cleveland, Texas or Bid Via Webcast at

20142010

7

(1 OF 9) PROSERV ANCHOR 1/2 T. X 10' REACH PEDESTAL JIB CRANES

DAYTON 1 T. X 15' REACH PEDESTAL CRANE

QUINCY 75 HP ROTARY SCREW AIR COMPRESSOR

JOHN DEERE GARDEN TRACTOR

ASSORTED CAT-50 TOOLHOLDERS

AIR COMPRESSORSQUINCY MDL. QSI370 ROTARY SCREW, new 2008, 75 HP drive, air cooled, skid mtd., S/N QSI-3700012.JOY TWISTAIR MDL. TA0290BAA4BE ROTARY SCREW, 50 HP drive, air cooled, skid mtd., S/N 140656.SULLAIR ROTARY SCREW, 30 HP drive, air cooled, mtd. to 60 gal. horiz. tank, S/N N.A.SPEEDAIRE MDL. 5Z630 RECIPROCATING, 25 HP drive, 90 gal. horiz. tank, S/N 051194L-880826.QUINCY MDL. QT15S100205 RECIPROCATING, 15 HP drive, 60 gal. horiz. tank, S/N 20080628-0032.ATLAS COPCO MDL. GA75FF ROTARY SCREW, new 2003, 100 HP drive, S/N AII479058 (out of service).

REFRIGERATED AIR DRYERARROW MDL. F-400-4, 400 SCFM, S/N MMH112003.

AIR RECEIVER TANKS(4) STEEL FAB, new 2008, approx. 200 gal. cap.

FREE-STANDING PEDESTAL JIB CRANESDAYTON 1 T. X 15' REACH, Mdl. 4ZX19, 1' ht. under hook, CM 1 T. cap. elec. chain hoist.

(9) PROSERV ANCHOR 1/2 T. X 10' REACH, approx. 8' ht. under hook, Har-rington 1/2 T. cap. elec. chain hoist.

GORBEL 1,000-LB. X 10' REACH, approx. 8' ht. under hook, Dayton elec. chain hoist.

MISCELLANEOUS SHOP & WAREHOUSE EQUIPMENT

CUTTING TOOLS, INC. PORTABLE/BOX COMBINATION HAND OPERATED THREAD ROOT COLD ROLLING MACHINE; (4) DEVIBE BARS; (22) CAT-50 TOOLHOLDERS; EXTENDED COLLET HOLDERS; KEYLESS DRILL CHUCKS; ENDMILL HOLDERS; TILT-ING FIXTURE TBL.; CHAIN-TYPE PIPE FIXTURE; (2) PORT-A-COOL MDL. PAC2K363S FANS 36" dia. w/water spray system; PORT-A-COOL MDL. PAC2KYT01 FAN, 24" dia., 2-spd. w/water spray system; (7) GLOBAL INDUSTRIES 24" PEDESTAL FANS; (2) SIGNODE METAL BANDING MACHINES w/tooling; (10) PORTABLE PROPANE TOR-PEDO HEATERS; (4) 10'L., (2) 15'L. AND APPROX. (15) 20'L. H.D. FABRICATED PIPE RACKS; KURT 6" H.D. MILLING VISE; TROYKE 12" X 12" 2-AXIS CROSSLIDING ROTARY TBL., (3) HOLLOW SPINDLE LATHE CHUCKS.

9AVAILABLE

LARGE SELECTION TOOL POSTS

>MATERIAL STORAGE RACKS

THREAD ROOT COLD ROLLER

SULLAIR 30 HP AIR COMPRESSOR

2008

>PORT-A-COOL FANS

TRANSCRAFT EAGLE SUPERBEAM 48' FLATBED TRAILER

FORD F-800F WATER TRUCK

FORKLIFTSJOHN DEERE MDL. 624K ARTICULATED, new 2009, 186 HP diesel engine, 113" lift ht., 13,000-lb. operating load, Wicker 120"W. Mdl. WP1624K fork attach., enclosed cab, S/N DW624KZ623637.

TAYLOR 20,000-LB. CAP. MDL. TEB200, diesel engine, auto. trans., 20,000-lb. cap. @ 24" load center, 13' lift ht., 90" forks, cab w/heat, 6,923 H.O.M., S/N 23660.

CLARK 5,000-LB. CAP. MDL. CGC25, LPG engine, 83/189 triple mast, SS, 42" forks, cushion tire, S/N C365L-0181-9475FB.

(2) YALE 3,000-LB. CAP. MDL. CLP030, LPG, 90" lift ht. 62" 2-stage mast, pneu. style tires, 42" forks, S/N A810N03482B (2004), S/N A810N02203Z (2002).

CATERPILLAR 5,000-LB. CAP. MDL. GC30K, LPG engine, 5,000-lb. cap. @ 24" L.C., 216" max. lift, side shift, S/N AT83001960 (*Auctioneers note: this forklift is out of service).

FLATBED TRAILERTRANSCRAFT EAGLE SUPERBEAM 48', aluminum deck, tandem-axle, stake pockets, rub rails, trapping system, landing gear, pipe rack, TX Lic. No. X37834, VIN N.A.

WATER TRUCKFORD F-800F, manual trans., 6-cyl. diesel, 2-spd. trans. axle, approx. 1,800 gal. water tank w/VMS spray heads, Morse PTO controls, under carriage mtd. split case pump, Odo: 22,800 miles, VIN 1FDPK84P4KVA49766 (yard use only, no title).

LAWN & GARDEN TRACTORJOHN DEERE MDL. X320, hydrostatic drive, sgl. lever deck control.

ELECTRIC PALLET JACKYALE 4,000-LB. CAP. MDL. MPB404-EN24T2748, 24 v., S/N B827N39775H (out of service).

>(1 OF 2) YALE

3,000-LB. CAP. FORKLIFTS

CLARK 5,000-LB. CAP. FORKLIFT

< JOHN DEERE MDL. 624K ARTICULATED FORKLIFT

<TAYLOR 20,000-LB. CAP. FORKLIFT

2009

8

AUCTION: THURSDAY, JULY 14

10:00 A.M.

DON'T MISS THIS SALE!

2004

9

Fostoria Road

AB

C D E

This document/email has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2016. All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement.

COLLIERS INTERNATIONAL1233 West Loop South, Suite 900Houston, Texas 77027www.colliers.com/texas

JIM PRATT713 830 2147jim.pratt@colliers.com

MIKE TAETZ SIOR713 830 2107mike.taetz@colliers.com

10111 FOSTORIA ROAD, CLEVELAND, TX 77328

Property Features > + 18,000 SF on + 25 Acres

> Approximately 8 acres of stabilized yard

> On-site detention provided

> Two access roads allowing circular traffic

> Utilities: Private water well & septic system

> 14’ clear height in production buildings

> 560.9’ of frontage on Fostoria Road

> Easy access to Hwy 59 via Fostoria Road & CR 379 & 28 miles from Bush Intercontinental Airport

Sales Price> $2,100,000 ($1.93/SF - to the land only)

> Competitive bank financing available for qualified buyers

Multiple Building Description Grid

This unique industrial property was designed for fabricating, servicing and storing steel tubular goods (pipe). The facility

is 5 to 7 years old, is well maintained and includes an air-conditioned office building and four metallic machine shop/

production buildings with approximately 8 acres of heavily stabilized yard.

Bldg SF Description Year BuiltA 5,000 Office Bldg 2009B 4,500 Machine Shop 2011C 3,200 Fab Bldg 2009D 3,200 Machine Shop 2009E 2,100 Fab Bldg 2011

Total 18,000

25 Acres with 8 Acres Stabilized & 18,000 SF of Buildings> FOR SALE BY PRIVATE NEGOTIATION

QS-0032600

P.O. Box 19100Houston, TX 77224-9100

DATED MATERIAL – PLEASE DELIVER

DOWNHOLE TUBULAR MANUFACTURING

COMPANYFeaturing: MAZAK and DOOSAN CNC Slant Bed Lathes,

as new as 2010; ACRA Flat Bed CNC Lathe, 2008; WARNER & SWASEY SC36 Chucker, Retrofitted 2013; LEHMAN 12.15" Hole Hollow Spindle Lathe; WARNER & SWASEY 4A with 12.5" Spindle Hole; Engine Lathes;

Bandsaw; Portable and Stationary Hardbanding Machines, as new as 2012; Pipe Cleaning and Handling

Systems; Welding Machines; QC and Measuring Equipment, Forklifts up to 20,000-Lb. Cap.;

Water Truck; Trailer, More!

CLEVELAND, TEXAS

AUCTION

PUBLIC INVITEDAUCTION: THURSDAY, JULY 14 • 10:00 A.M.

PresortedFirst Class Mail

U.S. PostagePAID

Eugene, OregonPermit No. 17

ATTENTION: PLANT MANAGEROR EQUIPMENT BUYER

ASSOCIATION OFMACHINERY AND

EQUIPMENT APPRAISERS

UNABLE TO ATTEND?Bid on-line in real time atTO PARTICIPATE YOU MUST:1. Register at www.BidSpotter.com. Use the link to

BidSpotter on PMI’s website calendar. DO IT NOW.2. Either send wire transfer, or, overnight delivery service a

cashier’s check deposit in the amount of $3,000 (U.S. Bidders) or $10,000 (Foreign Bidders) to: Plant & Machinery Inc. 1304 Langham Creek Drive, Suite 454, Houston, TX 77084 Wire transfer instructions can be found at pmi-auction.com

You must be registered and have your deposit in the hands of Plant & Machinery, Inc. at least 24 hours prior to the start of the auction. Failure to register and/or failure to send your deposit to Plant & Machinery, Inc. may disqualify you from bidding. DON’T WAIT.If you need assistance, don’t hesitate to call (713) 691-4401.ALL WEBCAST BIDS ARE SUBJECT TO AN 18% BUYER’S PREMIUM.

DIRECTIONS & LODGINGFROM GEORGE BUSH INTERCONTINENTAL AIRPORT: Exit airport rental car center heading north on John F. Kennedy Blvd., towards the terminal. Then follow the signs to Will Clayton Pkwy./I-69/Hwy. 59 heading due east leaving the airport terminal area. This will lead you to I-69/Hwy. 59. Turn left (north) onto I-69/Hwy. 59 and proceed to the Cleveland, TX area. After you pass through the Splendora area but before you hit Cleveland, you will see the exit for Fostoria Road. Turn left onto Fostoria Road and proceed ahead to FWM Tubular ahead on your right. Watch for auction signs.

LaQuinta Inn ................................................................ (281) 806-3007 1001 Hwy. 59 South,Cleveland, TX 77327

Best Western ............................................................... (281) 659-2700 708 Hwy. 59 S, Cleveland, TX 77327

FINANCE YOUR AUCTION

PURCHASEConserve Your Cash &

Increase Your Bidding Power

AuctionLea$e Provides M&E Financing

With Approvals from $5,000 to $999,000

(800) 438-1470

Apply Online: www.AuctionLease.com

A 15% Buyer’s Premium Will Apply On-site. An 18% Buyer’s Premium Will Apply to Webcast Bids. See Above Rules for Participation.Everything will be sold to the highest bidder or bidders for cash in accordance with the auctioneer’s Customary Terms of Sale, copies of which will be posted on the premises.ALL PAYMENTS MUST BE MADE BY CASH, CASHIER’S CHECK, WIRE TRANSFER OR COMPANY CHECK WITH BANK LETTER GUARANTEEING PAYMENT TO PLANT & MACHINERY INC.Here is an example of what your letter should be: Mr. “Customer Name” is a customer of this bank. This bank will guarantee unqualified payment to PMI on the account listed herein up to the amount of $___________. This letter is good until August 12, 2016.In default of payment of bills in full within the time therein specified, the Auctioneer in addition to all other remedies allowed by law, may retain all monies received as deposit or otherwise, as liquidated damages. All items must be removed by the time announced at the start of the sale.Lots not paid for and/or removed within the time allowed may be resold at public or private sale without further notice, and any deficiency, together with all expenses and charge of resale, will be charged to the defaulting purchaser.The buyer acknowledges that he or an agent has inspected all of the assets upon which he will be bidding and/or does purchase.Buyer agrees to accept assets purchased “AS IS,” WITH “ALL FAULTS” AND “WITH REMOVAL AT BUYER’S RISK AND EXPENSE.” THE AUCTIONEER EXPRESSLY DISCLAIMS

ON THE PART OF THE AUCTIONEER AS AGENT AND THE SELLER, ANY WARRANTY AS TO FITNESS OR USABILITY OF ALL THE ASSETS, AND THE BUYER EXPRESSLY WAIVES ANY CLAIM IN RESPECT TO ANY POSSIBLE FUTURE USE OF ANY ASSET PURCHASED FOR ANY PURPOSE WHATSOEVER.The buyer does hereby assume and does agree to indemnify and hold the auctioneer harm-less from any future claim which shall pertain to the fitness or use of that asset as being purchased. Riggers, movers, electricians and buyers performing work at the Auction Site must provide PMI with evidence of insurance. The insurance coverage must be at a level acceptable to PMI and to the seller. PMI reserves the right to withdraw items, alter the order of the sale, accept bids from the seller, and group lots as it may deem appropriate. This auction may include consignment items.Although all information has been obtained from sources deemed reliable, the auctioneer and seller make no warranty or guarantee, expressed or implied, as to the accuracy of the information herein contained, or contained in our catalog. It is for this reason that buyers should avail themselves of the opportunity to make inspection prior to the auction. Although it is not likely, auction sales are subject to cancellation or postponement. Kindly contact auctioneer prior to attendance.These terms and conditions may be modified or supplemented by language in the catalog available at the sale site or by announcement at the start of the sale. Bidders should be atten-tive to those announcements and to the catalog language.

PARTIAL TERMS & CONDITIONS