Used Equipment sales show green shoots of recovery

Demand for used large tonnage Automotive Specification Injection Moulding machines has increased to levels not experienced for two years.

Tier 1 and 2 suppliers across Europe and the Eastern Block are gearing up their manufacturing facilities to cope with the increased demand.

GoIndustry DoveBid has received enquiries for Western machines in the 2000 to 4000 Tonne bracket. Specific enquiries are for Husky, Krauss Maffei and Engel. An automotive spec’d machine traditionally has a small shot weight compared to the size of the machine ranging in the 4Kg to 8 Kg range.

David Heaselgrave, Global Head of marketing for Go-Dove says; “the downturn in the markets and the credit crisis hit many Automotive suppliers hard. Two major plants in the UK in ecomold and Visteon have closed reducing the capacity in the marketplace. Once the major vehicle manufacturers had run down their stocks then the Tier 1 and 2 suppliers who remained were in a stronger position with the ability to attract a greater slice of the market. This has led to a shortage of large capacity injection moulding machines. Whilst new machines can be ordered, the lead time in some cases is 12 months and the demand needs to be satisfied now hence an increase in the interest levels in quality used machines”

GoIndustry DoveBid, are the world leaders in the valuation and sale of used Plastic Injection Moulding Machinery with over 25,000 plastic related items sold in 2008 alone.

David Heaselgrave continues; "our primary sales methodology utilising online auctions, combined with our expertise and industry knowledge opens the world up for the sale of major plant and machinery. Our market leading position allows us to target a clients surplus assets at the ‘hot’ buying markets, maximising the return for the seller and facilitating the buyer in the acquisition of quality used plant and machinery. This is a form of recycling. Taking a machine from one part of the world where it is idle or surplus and moving to a region where it can be used fully"

Full details on the services offered by GoIndustry DoveBid go to www.go-dove.com or contact David Heaselgrave on +44 (0) 207 098 3700

Posted in: Auction news, Metalworking-Machine Tools