Thread: End of an era as Toowoomba Foundry closes..

Or more to the point I think it is big ticket auctions...

I saw a Rockwell hardness tester in Bundaberg go for a pittance on Grays....

One thing against grays is the times I have contacted them they will not help load and they say you need a written procedure to move what you buy if it is big, insurance as well as qualifications to move it... Whatever that all means..

Yes i had to do a safe work method statement....basically just outlining PPE needed, the risks involved and how to minimize them. I found an online template and copied it.....With both the Shaper and J&S grinders I/Joe contacted the actual place selling. Although Grays has the standard no help to load spiel, in both cases the sites had forklifts and in the shapers case gantry cranes that made loading a breeze....once she was light enough to lift out of the toolroom with the fork.
So if you are looking to bid, don't bother contacting Grays, talk to the vender.

Close to Toowoomba

Major engineering manufacturer cuts 154 staff - ABC News (Australian Broadcasting Corporation)

One of Australia's largest manufacturers of prefabricated materials for heavy engineering projects has confirmed it is laying off 154 staff.

The three facilities closed are located in Dalby (Queensland) where 76 workers were made redundant

RC
The closing of the Toowoomba Foundry is yet another "Nail in the Coffin"
I know plenty of businesses that have gone by the wayside.
What is happening to our country?
Accepted, that nothing stays the same & change will happen.
However I keep asking myself, "Where are we heading"?
regards
Bruce

To centrelink of course

For everyone who missed out first time the auction is on again.The bidder has fallen over for most of the stuff.
Advertising will start on the 1st November again.
CMI - Buy CMI Online, CMI Australia | GraysOnline Australia

Most interesting Michael. I wonder how this will take place as when I was there some of the gear had already been moved out.

Perhaps it just has to be moved back again. Not often we get a second bite at the cherry.

Regards
Paul

Here is the main part of the email I received today and it explains it.

"You may recall in early September being involved in a Graysonline public auction of equipment from the CMI Foundry in Toowoomba. As it transpired, the majority of equipment was purchased by one bidder who was in subsequent negotiations to purchase all of the assets of the foundry. Settlement of the purchased items has not occurred which we cannot go into detail about as it may be subject to legal action.
What this means is the Liquidators have instructed us to re-auction all of the assets that were previously offered. We have set up new sales and with the majority of auctions commencing on the 1^stof November."


Bit unfortunate for everyone involved.It does mean some more agonising over photos and bids again.