Production machinery is used to produce large quantities of similar parts. Equipment is setup to produce the same thing repeatedly at higher speeds and volumes. Because of this dedicated equipment, buyers may only consider the usable components associated with the equipment when considering it for purchase.
Conveyors and material handling equipment associated with production equipment can vary due to the size and shape of the products being produced and may only represent scrap value on the used equipment market. In most cases, this equipment may have value to a direct competitor but the process may be different requiring an additional investment in spare parts and training.
With over 100 years of experience, Maynards is one of the foremost industrial and machinery auctioneers in North America, specializing in asset conversion of industrial equipment and commercial inventories.
The majority of Maynards' auctions are held on-site with a simultaneous webcast broadcast via the Internet. The webcast allows Maynards to reach a larger, global audience. Local buyers can benefit from the webcast as they can bid from the comfort of their offices. Another advantage of an on-line auction is that a company can quickly turn surplus assets into needed cash.
Maynards has been conducting equipment auctions for over 100 years. They are a trusted source and a leader in the industry.