Perfection Industrial to auction Overton Chicago Gear surplus


Surplus to the ongoing operations of Overton Chicago Gear will be auctioned on December 13, 2017, at 1 p.m. CST. Equipment includes gear grinders, hobbers, bevel and herringbone gear generators, shapers, CNC lathes, and tool room equipment.

Featured: Pfauter, Liebherr, Barber Colman, and Lorenz gear hobbers; Klingelnberg, Gleason, and Sykes bevel and herringbone gear generators; Pfauter and Reishauer gear grinders; a Fellows gear shaper; Tripet internal grinders; wheel dresser and balancer; Mazak and Mori Seiki CNC lathes; surface grinders; vertical mill, and more.

Inspection: By appointment only.

Payment: An 18 percent buyer’s premium will be charged on all assets. The buyer’s premium will be reduced to 16 percent for payments made by means of cashier’s check, company check (with bank letter of guarantee), or wire transfer within 48 hours of sale close. Credit card payments are limited to a maximum of $2,000. All items are sold “As is, Where is” without any warranty, express or implied.

Deadlines: All assets must be removed no later than Friday, December 22. Removal times are Monday through Friday, from 8 a.m. to 4 p.m. CST. Extended hours or weekends may be accommodated by appointment. Buyer is responsible for removing all items purchased.


· 2823 W Fulton St., Chicago, Illinois, 60612

· 530 Westgate Drive, Addison, Illinois, 60101

· 50 W North Ave., Lombard, Illinois, 60148

Rigging contact: Arco Machinery Movers; Melissa Elliot, (815) 633-1285;

U.S. Machinery Movers, Tom Kraemer, (847) 875-6284;

Contact information: Jennifer Reiner, (847) 545-6374;