With this issue, SURPLUS RECORD makes its initial appearance. It enters the group of trade and industrial publications as the marketing guide for used and surplus new equipment. It serves buyer and seller.
Its circulation includes buyers of equipment and material in the central states, manufacturers, contractors, coal mines, railroads, sand and gravel pits, stone quarries, electric railways and central stations.
SURPLUS RECORD offers to those having surplus machinery and materials a means of acquainting 30,000 buyers with the fact that this equipment is for sale. It is a monthly catalogue of moneysaving opportunities for the buyer in industry. Many of our readers are at the present time finding it advantageous to use rebuilt and surplus equipment. It is to aid this group and to serve others unfamiliar with the real economy of buying used and surplus equipment that SURPLUS RECORD finds its excuse for existence. It is truly the “Industrial Bargain Sheet.”
Reputable Dealer Fills Important Place in Used Machinery Field
There are a great many instances where large industrial companies find, after purchasing new equipment, that their manufacturing requirements have changed. The new apparatus cannot be used. Sometimes this is discovered before all of the new equipment has been delivered. Other times business reverses make it necessary for the company to sell part of the plant. In other instances the company has discontinued the manufacture of certain products, substituting others. This requires the changing of part of the manufacturing process. In any of the above cases the result is a quantity of high-grade production equipment.
It is in disposing of this equipment to other companies in need of it, that the used machinery dealer fills the gap.
Many specific examples of how dealers have served the owners and purchasers of surplus equipment maybe cited. A large manufacturer purchased new a 12,500kva. steam turbine and all accessory equipment. After purchase, the company’s manufacturing requirements were changed to such an extent that it was deemed inadvisable to install the new unit. It was listed for sale with a reputable dealer who was successful in finding a buyer located on the Pacific Coast.