Executive Vice President, Asset Management
CurrentMachinery Network Auctions, a division of Machinery Network Inc., is an auction appraisal and surplus asset adviser focused on accomplishing the goals and objectives set by our clients. Since 1987 Machinery Network has been an active auction partner with almost all the nationally renowned auctioneers in the USA, Canada and Mexico. With over 1000 machinery auctions and transactions to our credit, Machinery Network Auctions has the experience and knowledge to provide your company with a wide array of auction and liquidation services. Machinery Network Auctions specialize in the metalworking, plastics, and fabrication industries, so it’s no wonder that we are the premier source for industrial machinery auctions. Our combined years of experience give our team a level of insight into the ever-changing machinery and equipment marketplace. Clients can always rely on us to capitalize on our extensive background in the industrial equipment, liquidation, restructuring and insolvency markets.There are several factors and situations where a liquidation sale is better suited traditional machinery auctions. Whether it is a single machine, an entire plant or simply a division, machinery liquidation allows us to conduct a sale whilst our customers can focus on their core business.We serve financial institutions, turnaround consultants, individuals, and corporations with setting up and handling liquidations from start to finish. In an orderly liquidation, Machinery Network Auctions markets the assets and sells it over a predetermined and specified amount of time. The seller is able to accept or reject any offer that is bid on the second hand machinery. While not as speedy as a traditional auction, liquidations can be more effective and more profitable. Feel free to contact us at eric@machinerynetwork.com with any questions you may have on the differences between auctions and liquidations. Our staff will be happy to assist and answer all your questions!
