For over 65 years, Federal Equipment has been a reliable resource for ranging used equipment needs with expertise buying and selling used equipment in the pharmaceutical, chemical, plastics, food and beverage, growing and extraction, and packaging industries.
As a leading used equipment dealer, we look for opportunities to add value to the entire capital equipment lifecycle, including skilled management of surplus equipment. When it is time for manufacturers to sell used equipment, we turn to several approaches to extract maximum value.Sell Us Your Used Equipment
It is common for an inventory of idle manufacturing equipment to accumulate for various reasons, including investment in updated equipment or adjustments to manufacturing lines due to a change in goods manufactured. However, there are several benefits to selling your new, idle, surplus, or used equipment.
Federal Equipment Company leverages a menu of approaches as we work with clients to secure maximum value for their used equipment. Depending on the specifics of your used equipment inventory and your timeframe, we will use tactics, including:
Investment recovery services combine all our activities to form our Resource Recovery Program. Designed for large, global manufacturing organizations, our Resource Recovery Program is your centralized hub for managing your surplus equipment.
Redeploying equipment, buying used industrial equipment, and extracting maximum value from unneeded equipment are keys to asset recovery and lowering overall capital equipment costs.Sell Us Your Used Equipment
The process for selling equipment to Federal Equipment Company depends on how many pieces of equipment or parts you are looking to sell. No matter what, the process starts with identifying items to be sold and sending photos. It is also beneficial to include a photo of the nameplate. If it is just one or a few machines, FEC can offer cash or credit to purchase equipment from our inventory, or trade the item for something in our inventory. If you have more assets to sell, we may purchase the items for our inventory or decide to hold an auction or liquidation. Many factors determine these next steps.
In addition to equipment, Federal Equipment Company purchases relevant lots of parts, particularly pharmaceutical equipment parts. PharmParts is a new way to buy the parts you need for pharmaceutical manufacturing. We also sometimes buy or broker the sale of buildings and land.
The benefits of selling used equipment include:
Very old or damaged equipment might have no value other than the scrap metal value, and we advise accordingly when this is the case.
However, sometimes seemingly worthless equipment is worth more than meets the eye. We explore the market for opportunities, particularly for partners in our Resource Recovery Program.
Thorough inventory services, valuation, and appraisals are the first steps in effective asset recovery services. We compile an asset recovery inventory and capture all pertinent information, including critical specs and photographs. Finally, we provide valuation and certified appraisals to chart the best course of action—redeployment, sell, auction, or scrap.