Details
ONLINE AUCTION – EVERYTHING MUST GO!
Micronic Technologies, Inc. | Bristol, VA – Facility Closure
We’re pleased to offer a No Reserve Online Auction of assets from Micronic Technologies, Inc., a former manufacturer of advanced wastewater treatment systems. This is your opportunity to acquire high-quality equipment, tools, and machinery at auction prices—everything sells regardless of price!
Why bid in this online auction?
Convenience – Bid from your home or office. No travel, no hassle—just register and click to bid.
No Reserve – Every item will sell to the highest bidder, regardless of price. Don’t miss your chance to score deals.
Quality Equipment – Clean, well-maintained assets from a modern, R&D-driven operation.
Broad Selection –
CNC Mill & CNC Lathe
Welders, Hand Tools, Tool Cabinets
Shop Equipment & Supplies
Office Furniture & Electronics
Lab & Test Equipment
Whether you're a fabricator, machine shop, startup, or industrial buyer, this auction offers valuable assets at outstanding value.
Catalog Will be Posted Soon!
VAAL #16
Terms
Terms & Conditions
All persons bidding or otherwise attending auction ("Bidders") acknowledge the following Terms and Conditions and agree to be bound by them. By completing the registration process to be a participating bidder for any auction, sale, or event held by Motleys Asset Disposition Group, or held by any division of Motleys (i.e. Motleys Industrial, Motleys Real Estate, or Motleys Commercial Real Estate), you are also giving express permission to be sent marketing emails and newsletters to the email address that was used for registration.
FORMAT: TIMED ONLINE AUCTION
AUCTION PLATFORMS: Proxibid, Bidspotter
SALE DAY: LOTS BEGIN TO CLOSE: Thursday, August 21st, 2025, at 10:00am ET
BIDDING BEGINS ONLINE: Thursday, August 14th, 2025, at 4:00pm ET
All bidders MUST register prior to placing bids
You are encouraged to use the “Max Bid” feature which represents your top bid
ONSITE BIDDING:
ONSITE BIDDING IS NOT AVAILABLE FOR THIS EVENT
LOCATION OF ITEMS: 14570 Industrial Park Rd, Bristol, VA 24202
PREVIEW & INSPECTION: Wednesday, August 20th, 10am - 4pm and Thursday, August 21st, 2025, morning to noon ET.
BUYER’S PREMIUM: An 18% Buyer’s Premium (minimum $10) will be charged for each lot purchased.
PAYMENT TERMS: PAYMENT IN FULL IS DUE BY 4:00PM ET ON FRIDAY, AUGUST 22ND, 2025, ET
Payment Options:
Wire Transfer
Certified Check
Credit Card ($5,000.00 limit)
A 3% (Visa, Mastercard, Discover) or 4% (AMEX) processing fee will be added to credit card purchases
Motleys may require recording fees from international, out-of-state bidders, bidders with no purchase history with Motleys Auctions, or from bidders who reach a certain spending level
Motleys will require a deposit from out-of-state bidders upon the purchase of their first lot in an auction
Spending thresholds:
$25,000–$50,000 = $1,000 deposit
$50,000–$100,000 = $2,500 deposit
Over $100,000 = $5,000 deposit
All recording fees are applied to purchases and reflected on your invoice
No refund of recording fees charged on credit cards
Buyers will pay the balance due after fees are applied
Motleys Industrial will call your phone number on file to collect these fees
Motleys reserves the right to disqualify any bidder whose card is denied
If disqualified, call 804-232-3300 ext. 3 for reinstatement
A $50.00 per day Late Payment Fee applies on any outstanding balance
NO EXCEPTIONS WILL BE MADE TO THESE PAYMENT TERMS
BIDASSURE GUARANTEE:
Motleys BidAssure offers a “mechanical fitness guarantee”
Sellers affirm mechanical condition of assets
Notify Motleys of issues before asset leaves facility, deadline is end of removal period
Seller may attempt repair before a refund or cancellation
SUBMITTAL:
Motleys is not responsible for a bidder’s inability to place bids
Auctioneer may reopen or extend Internet bidding
If internet is lost, call 804-232-3300 ext. 3 for help
REMOVAL:
Removal Deadline: Wednesday, August 27th, 2025, by 4:00pm ET
Removal appointments required
Schedule via Removal Scheduling link, email industrial@motleys.com, or call 804-232-3300 ext. 3
Removal dates: August 25th–27th, 9:00am to 4:00pm ET
ALL ITEMS MUST BE PAID IN FULL BEFORE REMOVAL
Loadout:
Responsibility of purchaser
Buyers of Lots 332, 333, 335, 336, 338, 339, 376 will have the rigging price listed in the lot description added to your auction invoice. The pickup location will be at the riggers location in Johnson, TN. If the buyer has a truck at the Bristol, VA facility on Wed, Aug 27th during removal hours, the rigger will load your machine and 50% of the rigging fee will be refunded.
Items not removed by deadline are considered abandoned
WIRE TRANSFER:
First Bank, 112 West King Street, Strasburg, VA 22657
Account # 40058778
Routing # 051402589
Account Name - Motleys Auctions Inc. Industrial Escrow
Domestic/International wire fees are Buyer’s responsibility
No in-person bank deposits
Items released only after wire transfer confirmation
FINANCING:
FINANCING IS NOT A CONTINGENCY OF THE SALE
Contact these vendors:
Navitas Credit Corp., Ben Walker – 570-690-4771 – bwalker@navitascredit.com
American Bank Equipment Finance, Christopher Rust – 678-895-2258 – crust@americanbank.com
Wells Fargo Equipment Finance, Roderick W. Hart II – 301-787-8692 – roderick.hart@wellsfargo.com
Go Capital, Brian Rose – 855-396-3600 – brian@gocapitalusa.com
F. N. B. Equipment Finance, Zachary Roy – 410-935-5369 – royz@fnb-corp.com
TITLES:
Processed within 10 business days after payment
$40.00 title fee per titled item
“Title Delay” items must remain onsite until title is available
Generally 30–90 days
GENERAL TERMS SUMMARY - See complete Terms on the bidding Platform
Bidders must register and all bids are binding
Auctioneer controls sale process and disputes
Sales are AS IS, WHERE IS – no refunds, no warranties
Buyer’s Premium applies
Payment and removal deadlines enforced strictly
Motleys not responsible for description errors, technical issues, or loss after sale
Bidding disputes resolved at auctioneer’s discretion
Titles held until full payment
Buyers responsible for insurance and removal
Fees, charges, and late payments enforced
Motleys may resell items left past deadline and recover losses
Enter at own risk – no children under 16
Collusion between bidders prohibited under federal law
Legal disputes fall under Richmond, VA jurisdiction
