SHRUM STEEL, INC. 1 OF 2. 1 of 2 SAWS PEDDINGHAUS MODEL 623M ANGLEMASTER CNC PUNCH & SHEAR PEDDINGHAUS MODEL BDL760/3A CNC I-BEAM DRILL LINE

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1 SHRUM STEEL, INC. LATE MODEL I-BEAM FABRICATION PLANT TH COURT EAST SARASOTA, FL THURSDAY, NOVEMBER 3 10:00 A.M. EDT Inspection: WEDNESDAY, NOVEMBER 2 ND FROM 8:00 A.M. 4:00 P.M. EDT OF 2 PEDDINGHAUS MODEL BDL760/3A CNC I-BEAM DRILL LINE 1 of 2 SAWS PEDDINGHAUS MODEL 623M ANGLEMASTER CNC PUNCH & SHEAR 2003 DANOBAT AUTOMATIC FEED MITRE CUTTING HORIZONTAL BANDSAW Asset Sales, Inc. Corporate Headquarters 301 Post Office Drive, Suite C Indian Trail, North Carolina Toll Free Fax info@asset-sales.com European Headquarters Unit 7, Branxholme Industrial Estate, Bradford Road, Brighouse, West Yorkshire, HD6 4EA, England, UK Tel Fax peteraml@asset-sales.co.uk CAMBCO MODEL 700, 333 TON HYDRAULIC CAMBERING MACHINE Asset Sales (Canada) Inc Prospect Road Bayside, Nova Scotia, Canada B3Z1L5 Tel Fax gmuller@asset-sales.com

2 AUCTION SALE DATE & TIME THURSDAY, NOVEMBER 3 10:00 A.M. EDT 2001 PEDDINGHAUS MODEL BDL760/3A CNC I-BEAM DRILL LINE CAMBCO MODEL 700, 333 TON HYDRAULIC CAMBERING MACHINE PEDDINGHAUS MODEL 623M ANGLEMASTER CNC < HYD-MECH MODEL M-16A AUTOMATIC FEED MITRE CUTTING HORIZONTAL BANDSAW > DANOBAT MODEL CPI 100/50 DL AUTOMATIC FEED MITRE CUTTING HORIZONTAL BANDSAW CNC BEAM DRILL LINE PEDDINGHAUS Model BDL 760/3A CNC I-Beam Drill Line with 30 W x H x ¾ Thick Capacity, (3) Drill Spindles with 13 Travels, 41.5 Minimum Length Piece Part, 13,228 Maximum Workpiece Weight, Piece Mark Stenciling Device, 45 Infeeding Power Conveyor, 60 Power Exit Conveyor with (4) Transfer Stands, PEDDINGHAUS CNC Control Station, mfg.2001,machine sn:41655 CNC ANGLE LINE PEDDINGHAUS Model 623M ANGLEMASTER CNC Punch and Angle Shearing Line with Capacities to 6 x 6 x ½ Thick, Punching to 1-1/4 Diameter (Standard), Slug Stripper, Scrap Chute, 40 Infeed Conveyor, 20 Exit Conveyor, Safety Mirrors, PEDDINGHAUS PC CNC Control, mfg.2002, sn:43845 SC (2) HORIZONTAL MITRE BANDSAWS HYD-MECH Model M-16A Automatic Feed Mitre Cutting Horizontal Bandsaw with Overhead Bundling Clamps, 16 x 25 H 90 Degrees, Mitres To 30 Degrees, 1-1/4 Blade Width, Programmable Indexing, Infeed and Exit Conveyors, Chip Conveyor, mfg.2006, sn:s DANOBAT Model CPI 100/50 DL Automatic Feed Mitre Cutting Horizontal Bandsaw with 39 Wide Capacity, Electronically Mitres +/- 45 Degrees, Top and Horizontal Clamps, 2-1/8 Wide Blade, 29 Power Infeed Conveyor, 45 Power Exit Conveyor, Pendant PLC Control, Chip Conveyor, mfg.1998, sn: HYDRAULIC CAMBERING MACHINE CAMBCO Model 700, 333 Ton Hydraulic Cambering Machine with Capacities to 36 x 150 (Max.GR. 50 Beam, W-), 40HP, Tooling, mfg.2003, sn:

3 MACHINERY INSPECTION DATE & TIMES WEDNESDAY, NOVEMBER 2 nd FROM 8:00 A.M. 4:00 P.M. EDT 2001 LULL MODEL 1044C-54 HIGHLANDER ROUGH TERRAIN TELE HANDLER FORKLIFT TON 65 TOP RUNNING BRIDGE CRANE, 2002 MISCELLANEOUS CRANES STERLING/TEREX MODEL RS6000 DIESEL CRANE TRUCK STERLING/TEREX MODEL RS6000 DIESEL CRANE TRUCK BRIDGE & JIB CRANES 65 x 5 Ton Southeast Systems Top Running Bridge Crane with 110 Runway Rail, Approximately 30 Under Crane, mfg.2002 (2) 66 x 3 Ton Underslung Bridge Cranes with HARRINGTON 3 Ton Hoists and Pendant Controls (2) 35 x 3 Ton FHS Underslung Bridge Cranes with HARRINGTON 3 Ton Hoists & Remote Controls (3) 1 & 2 Ton Wall Mounted Jib Cranes 18 Spreader Bar ROUGH TERRAIN FORKLIFT LULL Model 1044C-54 Highlander Rough Terrain Tele Handler Forklift with 54 Tele Scoping Boom, 10,000LB Maximum Lift Capacity, mfg.2001, sn:99ab21p19453 CRANE TRUCK STERLING/TEREX Model RS6000 Diesel Crane Truck, 60,000LB Capacity at 30, 11,275LB at 100, 360 Degree Radius, Crane Model RS60100 KIT, sn:s0105rs with Outriggers Sterling, Model LT7501 Diesel Truck, mfg.2005, sn:2fzhatdc05au59937 IRONWORKERS MUBEA Model KBLH Ton Hydraulic Ironworker with Angle Capacities to 8 x 8 x 9/16, 20 x 3/4 Flats, 1-5/8 Rounds, 1-7/16 Squares, 20 Punch Throat Depth, (2) Remote Foot Controls, Bar Stops, sn: W.A. WHITNEY Hydraulic Coping Machine Model , 17 Ton Capacity, Skid Mounted with Hydraulics, sn:5149 MUBEA MODEL KBLH TON HYDRAULIC IRONWORKER 3 MISCELLANEOUS CRANES W.A. WHITNEY HYDRAULIC COPING MACHINE Attending the Auction in Person? What you need to Bring Your Drivers License, Business Card, Tax Exempt Form if Your Non Taxable and Bank Letter of Guarantee if You Will be Paying via Company Check.

4 AUCTION SALE DATE & TIME THURSDAY, NOVEMBER 3 10:00 A.M. EDT FREIGHTLINER FL70 STEEL FLATBED TRUCK KENWORTH DIESEL TRACTOR TRUCK EXTENDABLE FONTAINE 46 EXPANDABLE STEEL DECK TRAILER VOLVO GMC DIESEL TRACTOR TRUCK MASSEY FERGUSON 20C TRACTOR WELLS CARGO MINI TRAILER UTILITY TRAILER / GENIE LIFT CLUBCAR ELECTRIC GOLF CART Want to Sell Your Shop or Know Someone Who Does? Call Us Toll Free at (888) ! We Pay Great Finder s Fees! ROLLING STOCK, TRACTOR TRAILERS FREIGHTLINER FL70 Steel Flatbed Truck, Diesel, 24 x 8 Diamond Plate Steel Deck, Vin#1FYABSAK93HK65598, mfg.2002 KENWORTH Diesel Tractor Truck Model T800 with Dual Rear Axles, Dual Wheels, C Engine Model, mfg.2001 VOLVO GMC Diesel Tractor Truck, Dual Wheel Dual Rear Axles, mfg.1992 FONTAINE 46 Extendable Steel Deck Trailer, Model TP-4-488ISL, Frame Rating 80,000LB, Vin#13N-4482C-7-Y158842, mfg. 9/1999 Utility Trailer, 2 Axle, 7,000LB, GVWR, with Ramps, Vin# 4EDUS10227T000002, mfg.2007 WELLS Cargo Mini Trailer Model MW6, Single Axle, Swing Back Door, GVWR 2,200LB, Vin#1WC200B10Y , mfg.2000 CLUBCAR Electric Golf Cart, 2 Seat with Storage, Top and Windscreen MAINTENANCE GENIE Model GS-1930 Electric Scissor Manlift, 500LB x 30 H Capacities, mfg.2007 MASSEY FERGUSON 20C Tractor with Bush Hog Mowing Attachment Assorted Maintenance Ladders, Chain Binders, Air Compressors, Oxy/Acetylene Carts, Etc Assorted Flatstock & Angle Steel Materials, Pipe, Cantilever Racks, Etc

5 MACHINERY INSPECTION DATE & TIMES WEDNESDAY, NOVEMBER 2 nd FROM 8:00 A.M. 4:00 P.M. EDT WELDING HYPERTHERM Powermax 1250 Portable Plasma Burning Machine, G3 Series, sn: ERICO Model ESS1500 ARC Stud Welder with Weld Gun, sn: (6) MILLER CP-302 with Wire Feed, sn s:kh537506, KJ108853, LC700548, Etc MILLER Millermatic 135 Mig Welder, sn:le LINCOLN Ranger GXT Gasoline Welder, sn:v LINCOLN Wire-Matic 255 Welder, sn:v LINCOLN Idealarc R3R-300 DC Arc Welder SUMMIT MODEL 3XHD 32 HEAVY DUTY PEDESTAL DRILL PRESS ERICO MODEL ESS1500 ARC STUD WELDER (6) MILLER CP-302 WELDERS BEAM, PIPE, END MILLING MACHINE PORTABLE MATERIAL TRANSFER CARS HYDRAULIC BULLDOZER MISCELLANEOUS Hydraulic BullDozer Horizontal Bending Machine, 12 Stroke, Steel Bed, 90 Degree Bending, Die & Hydraulic System SUMMIT Model 3XHD 32 Heavy Duty Pedestal Drill Press with 16 x 16 Universal Adjustable Work Table, Geared Headstock, sn:473 BEWO Model 350LT Mitre Cutting Cold Saw with Vise and Barstop, sn: HAMMOND 10 Double End Pedestal Grinder CENTRAL Machinery 16 Speed Pedestal Drill Beam, Pipe, End Milling Machine with Mitreing Vise, Portable Base C-Clamps, Welding Vise Grips, Bar Clamps, MAKITA & DEWALT Hand Tools, 1 Ton, 3 Ton and 6 Ton Plate Clamps, Chains, SKIDMORE-WILHELM Model MS Bolt Tension Calibrator, HOUGEN HMD 925 Magnetic Hole Drill, Victor Track Torch, HILTI, Circle Saws, Impact Wrenches, Porta Bandsaw, MAKITA Dynabrade, Numerous Heavy Duty Portable Transfer Carts, Steel 6, 8 & 10 Saw Horses OFFICES KIP 3000 Digital 36 Copier / Printer with PLC Controls, mfg.2007 (4) Engineering Workstations, Cubicles, File Cabinets, Charis, Executive Desks, Credenzas, Bookcases, Conference Room LANIER LB127 Photo Copier Want to Join Our Mailing List? Want to be Included in Blasts Announcing Upcoming Future Auctions? Want to Update Your Address? Curious to Preview Machines and Tooling Featured in an Upcoming Auction? Want to Request a Brochure or be Removed from our Mailing List? Us at advertising@assetsales.com or Fax a Request to (704) ! Can t Attend the Sale, but Still Want to Bid? Visit and Register to Bid Live on BidSpotter! Live Webcast Bidding! Download Complete Auction Brochures, View Entire Lot Books and Sign Up to Join Our Mailing List! 5

6 AUCTION SALE DATE & TIME THURSDAY, NOVEMBER 3 10:00 A.M. EDT 6

7 MACHINERY INSPECTION DATE & TIMES WEDNESDAY, NOVEMBER 2 nd FROM 8:00 A.M. 4:00 P.M. EDT TH COURT EAST SARASOTA, FL ,226 Square Footage Of Building 2,310 Square Footage of Offices - 37,916 Square Footage of Shop 3.09 Acre Site with Large Storage Yard, as well as a Covered Storage Area Ceiling Height H-M Zoning High Intensity Lighting 2 Overhead Doors Rail Transfer System, Exhaust Fans, Skylights, Air Lines 3-Phase Power with Good Electrical Distribution Parking / 240 Electrics in Building Penn-Mar Industrial Park REAL ESTATE FOR AUCTION TH COURT EAST 6752 SARASOTA, FL ,750 Square Footage Of Building 1,500 Square Foot, 2-Story Office with Engineering Area in Front and an Open Warehouse / Shop Area in the Back 4,250 Square Footage of Shop 1.23 Acre Site with Fenced and Shelled Site 18 Ceiling Height H-M Zoning 1 Overhead Door Single Electrical Phase Building Re-Roofed in Parking / 220 Electrics in Building Penn-Mar Industrial Park Ideal for Contractor, Maintenance, Auto or Equipment Repair Company Needing Plenty of Outside Parking or Storage Area Owner is Responsible for Connecting to Sewer before Closing For More Information: Roberta Kolton & Robert Kolton Michael Saunders & Company Office: (941) Fax: (941) robertakolton@michaelsaunders.com * robertkolton@michaelsaunders.com ABBREVIATED TERMS & CONDITIONS OF AUCTION Subject to amendments and modifications announced by the auctioneer at the time of the auction, any person participating in the auction shall be bound by the following terms and conditions. The auctioneer does not warrant the accuracy, authenticity, description, weight, count or measure of any listings specified herein. All articles will be sold to the highest bidder conforming to the bid process in accordance to the AUCTIONEER S TERMS & CONDITIONS COMPLETE COPIES AVAILABLE AT No article shall be removed unless paid in full and all articles purchased shall be removed in the time allocated by the auctioneer. No item, no matter how small or how far the purchaser has to travel, may be removed until the close of the auction sale. All payments shall be by way of cash, certified check, wire transfer and/or a company check accompanied by a bank letter of guarantee payable to Asset Sales, Inc. All bidding and invoicing will be in US Dollars ($). All bidders are responsible for all applicable taxes. Rigging/ Removal of sold equipment is the sole responsibility of the buyer and must be completed by the posted date. Rigging/Removal may not begin until payment has been made in full and the auction sale is complete. All heavy rigging will require a certificate of insurance for $1,000, naming Asset Sales, Inc. as the insured. ALL SALES ARE FINAL, ON AN AS IS WHERE IS, IN PLACE, WITH ALL FAULTS BASIS. A 13% Buyer s Premium will apply to all onsite purchases and a 16% Buyer s Premium for online purchases. REGISTRATION & BIDDING ONLINE: If you plan to bid with Bidspotter.com, you must be pre-approved by Asset Sales, Inc. The pre-approval process is easy, but necessary. Asset Sales, Inc. will verify telephone number and confirm agreement to the Terms and Conditions. Anyone outside of the continental United States will be required to wire transfer a minimum deposit of $5000 to be approved for all non-onsite bidding. 7

8 Asset Sales, Inc. Corporate Headquarters 301 Post Office Drive, Suite C Indian Trail, North Carolina Toll Free: Direct: Fax: Asset Sales, Inc. Florida License Number AB2058 Lance Mannion Florida License Number AU AVAILABLE STERLING/TEREX MODEL RS6000 DIESEL CRANE TRUCK Attending the Auction in Person? What you need to Bring Your Drivers License, Business Card, Tax Exempt Form if Your Non Taxable and Bank Letter of Guarantee if You Will be Paying via Company Check. Visit our website at to view all of our Upcoming Auctions, Download Complete Brochures, or to Register to Bid Online. Want to join our mailing list? Want to be included in Blasts announcing future auctions? Want to update your address? Curious to preview machines and tooling featured in an upcoming auction? Want to request a brochure? Or want to be removed from our mailing list? Just write the info on the back cover of this brochure and or fax it to us at: advertising@asset-sales.com or (704) DIRECTIONS FROM SARASOTA-BRADENTON INTERNATIONAL AIRPORT LYNYRD SKYNYRD Head west on Airport Circle MILWAUKEE toward Bradenton IRON STREET Connector. SURVIVOR Keep right at the fork. Turn left onto University Parkway. Slight left to stay on University Parkway for approximately 1 mile. Turn left onto US-301 N for 2 miles. Turn right onto 69 Ave E/Whitfield Ave. Turn left onto 26 th Court East, plant is on the right. Follow auction signs. HOTELS HOTEL HOLIDAY INN SARASOTA-BRADENTON Street Address COURTYARD SARASOTA BRADENTON th Street East Sarasota, FL City, State Zip Code 850 University Parkway Telephone Number Sarasota, FL (941) (941) UPCOMING AUCTIONS OCTOBER 18TH SOUTHERN STRUCTURES Late Model Fabricating Folders, Beam Lines & Roll Formers Broussard, LA OCTOBER 25 TH SANGAT PRECISION MACHINING & GRINDING Late Model Aerospace Manufacturing Facility Longmont (Denver), CO NOVEMBER 8 TH CDS DISTRIBUTING LLC. Precision Sheet Metal Fabrication Charlotte, NC NOVEMBER 10 TH IROTAS MANUFACTURING CNC Turning Milling & Grinding Facility Shelbyville, KY PUBLIC AUCTION Assets Formerly Owned By SHRUM STEEL, INC. LATE MODEL I-BEAM FABRICATION PLANT SARASOTA, FL THURSDAY, NOVEMBER 3 10:00 A.M. EDT