Treasure Hunting for Used Machinery

The Manufacturing Executive · 22 Nov 2022 · 30m · Episode 129

What this episode covers

Noah Graff, Vice President of Graff-Pinkert & Co., discusses the used machinery market, explaining how supply chain disruptions and new equipment backlogs have driven demand for pre-owned machine tools. He details the 'treasure hunting' strategy of finding undervalued, 'sexy ugly' mechanical screw machines like the Davenport, which are in high demand due to a labor shortage of CNC operators. Graff highlights how global economic factors, including currency fluctuations and nearshoring trends, have created a tight but active market for used industrial equipment.

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