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Facility Closing Management

Facility closures can be cumbersome for companies to execute on their own, but in the fast-moving economy of the 21st century, agility is crucial. Facility closures are a part of this economy, but how your company handles these closures can make the difference between ending the process in the black… or in the red.

When you opened your facility, you invested millions of dollars outfitting it with the latest state-of-the-art equipment, whether that was delicate electron microscope or a 90,000-liter tank. Your investment does not need to be lost when the facility is closed; when correctly handled, a facility closure offers a tremendous opportunity to recoup a significant portion of your investment.

That's where EquipNet comes in. EquipNet has spent over a decade assisting dozens of companies with hundreds of facility closings. We understand the economy, the market, the industry, and the end users/buyers of your surplus equipment. As experts in the pharmaceutical, biotech, chemical, and consumer processing and packaging industries, EquipNet has compiled best practices of companies that have recovered a much of their initial investment before closing their doors. Using our proprietary Asset Redeployment Management System (ARMS™), EquipNet can help your company redeploy your assets to another location wherever possible. Items that can't be redeployed will be sold on either on EquipNet's MarketPlace™: our flagship sales channel, or through our auction events. When demolition is needed, we can help your company craft a decommissioning and demolition plan that makes money instead of costing money.

When going through decommissioning of equipment and instrumentation, it is important to ensure cleaning procedures are followed to ensure any hazardous materials are removed free and clear from assets prior to disposition, storage or relocation. We have compiled general guidelines to follow when cleaning certain categories of equipment and instruments. Download our Decontamination Guidelines.

Facility closures do not need to mean a net loss for your company. Don't let huge opportunities to recoup investment costs slip through your fingers; call EquipNet today.