Friday, July 1, 2011
“Manufacturers are ramping up their operations after nearly three years in the doldrums”, says Chris Camp, Director of Marketing at Federal Equipment Company, Cleveland, OH, a leading provider of used equipment. Camp noted that “manufacturers are making the used equipment sector a real ‘bottom line’ resource to increase their profits.”
Camp went on to say that “the recession hit the chemical manufacturing sector hard, and it was a real challenge for Federal Equipment’s sales team to make their sales goals during 2008 and 2009.” Camp notes that 2010 and the beginning of 2011 are showing marked improvements in sales, as manufacturers are aggressively ramping up production again.” Camp also says that “Federal Equipment’s stock is flying out of our warehouses to locations all over the world. We are selling at a rapid pace, in fact, we are in a major equipment buying cycle to try and keep up with our customer’s demands.”
Underscoring that point, Ted Davis, Vice President at Federal Equipment, and a 20-year veteran in the used equipment business noted “we are looking to make fast cash acquisitions of quality process equipment, be it a single piece, a complete process line or an even an entire manufacturing facility. We are urgently seeking inventory to properly serve our clients.” Mr. Davis went on to say that “the recent surge in chemical equipment demand, such as tanks, reactors, heat exchangers, and centrifuges, has increased Federal Equipment’s buying activity to historic levels for the company, making it an opportune time for sellers to get top dollar for their idle equipment.”
Federal Equipment Company is a top supplier of chemical process machinery. We have more then 15,000 pieces of equipment in stock and ready to ship. Our extensive chemical equipment buying and selling experience, purchasing power, and global marketing reach, produce exceptional results for our clients. Federal Equipment’s intellectual capital, gained from unparalleled experience in the chemical manufacturing sectors, allows our clients to take advantage of worldwide asset disposition solutions, regardless of the size, location or complexity of the project. We consistently provide value-added strategies to advance our client’s investment recovery goals. Using industry best practices, we provide customized solutions that maximize profitability.
Our strategic relationships with top chemical manufactures provide us with an exceptional stock of the finest used process equipment on the market today.
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Federal Equipment Company
8200 Bessemer Avenue
Cleveland, OH 44127