A globally established manufacturer of specialty materials serving various markets including Aerospace, Military, and Medical.
The client required the clearance of thousands of units of MRO and spare parts from multiple facilities in Midland, Pennsylvania, all within a highly constrained timeline of just two weeks. This necessitated expeditious action to ensure the vacancy of the thirteen buildings.
Partnering with EquipNet Associates and using our Project Management services, we found a single buyer who purchased all assets through our MarketplaceTM. The buyer handled the onsite inventory inspection and the logistics of removal which ultimately saved our client money.
EquipNet helped the client attain an optimal solution yielding significant financial gains of $300,000+, from a 100% sale of all assets, while adhering to the designated timeframe. However, the additional revenue was not the only positive of working with EquipNet. A considerable portion of the assets comprised of metals that, without appropriate repurposing, would have been destined for scrap. As the client was conscious of their sustainability goals, not only did EquipNet bring an opportunity to generate additional revenue but it also helped them avoid sending this equipment to landfill.