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Tag: machinery parts. used machinery parts
Competition Increases for Fire Damaged Machines
Prices for the fire damaged, or general machines for spare parts, at the recent Euro Auction in Leeds were remarkably high. Biding between competing dismantlers was fierce as they all try to increase their inventory of available used parts. Even though there has been a marked decrease in the scrap value of the metal, this increase in…
Older machines still preferred over newer models
At the heavy equipment auction Ritchie Bros in Hartford, CT, USA yesterday there was a lot of older Cat equipment still making high prices. This confirms what is obvious from recent UrParts.com parts requests that due to the continued recession in the construction market many operators are choosing to purchase older machines and keep them running with cheaper spare parts…
Grass shoots: Small machinery businesses experience upswing in sales and demand
Across the pond in America small businesses making machines and components for other manufacturers are experiencing an upswing that could be a sign of things to come for the broader economy. The industries that fuel the demand vary with some cases, some coming from medical device makers, some from oil and gas producers supplying energy…
Good news for Caterpillar Machinery Parts
Caterpillar machinery parts have had some good news as they announced last Wednesday that sales have risen. In the first three months of 2012, Caterpillar parts have reported a growth of 18% up to the end of March. These results have been driven by the strong expansion in North America. The period was the 23rd…