Apex Auctions, the global leader in machine tool auctions, has announced it will be offering for sale a unique selection of large-capacity gear manufacturing equipment in spring 2009. The machinery is currently in operation at The Reid Gear Company, which is closing due to the retirement of their Managing Director Tom Reid. The Reid Gear Company was founded in 1897 in order to fulfill a burgeoning demand for the design and manufacture of gears and gearboxes, primarily in the Clyde engineering industries. Over the past 100 years the company’s products have been and continue to be used by a wide variety of industries such as sugar processing and steel production. Over 280 lots of engineering equipment have been made available for sale, including:
• Maag SH450/500s Heavy Duty Gear Cutting Machine
• Maag SH350/500 Heavy Duty Gear Cutting Machine
• Maag SH100/140 Gear Cutting Machine
• Maag SH100 Gear Cutting Machine
All equipment will be available for auction online through the Apex Auctions Web site, with the major machines available for immediate sale. Apex holds over 150 auctions per year of surplus CNC and manual machine tools from a wide range of engineering companies in the United Staets, the United Kingdom, and Europe. More information, and a full lot listing for this auction, can be found on the Apex Auctions Web site or by contacting the head office at +44 (0) 1273 224466. Send e-mail to info@apexauctions.com or go online to [www.apexauctions.com].
