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Machine Tool Bids Launches Website for Manufacturers to Buy, Sell Equipment

April 11, 2016, 07:05 AM
Filed Under: Machine Tools

Machine Tool Bids announced a new streamlined website and several tools that will make it easier for manufacturers to buy and sell surplus metalworking and fabrication equipment online. The new website,, responds to the growing needs of manufacturers to find equipment quickly and seamlessly, and fully integrates with mobile devices. The first online auction on the new website takes place on April 26, 2016.

Manufacturers who visit will find a one-stop online resource to buy, sell and auction surplus CNC manufacturing equipment. New features allow users to quickly apply for financing and get quotes on rigging and freight without ever leaving the site. The enhanced search function helps buyers choose from a wide variety of machines that come at a great cost savings over new equipment.

“As a true business-to-business organization, Machine Tool Bids uses a different auction pricing model than many competitors,” said company representative Anne Winslow. “Typical equipment resellers will set opening bids at $1, without regard to the machine’s worth. If bidding does not achieve the desired price, many auctioneers will buy back the equipment by placing the highest bid.“ In contrast, Machine Tool Bids starts auction items at a fair bidding price with achievable reserves, a more efficient and transparent process for both buyers and sellers.

All aspects of the site were designed with mobile users in mind, a particular benefit for end users, who are commonly on the go, whether walking a shop floor or traveling between facilities. Buyers and sellers can create accounts, browse machinery, and even place bids and make offers from their smartphones and tablets.

Equipment will be added to the site on an ongoing basis, so manufacturers are encouraged to check back often.

Machine Tool Bids is a true end user to end user site that offers manufacturers a one-stop online resource to buy, sell and auction their surplus equipment, and handles all associated logistics and needed financing for each sale. Machine Tool Bids strives to create a superior suite of machinery offerings and services that contribute to productivity, growth and reliability for manufacturers worldwide. The global online marketplace carries a wide range of first-rate metalworking and fabrication equipment that meet strict quality standards - all are in good working condition, have been in production, and come at a great cost savings over new equipment.

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