Facebook Twitter Instagram
    Today’s Machining WorldToday’s Machining World
    • Swarfblog
    • Podcast
    • Industry News
    • Videos
    • About
    • Advertise
    • Back Issues
      • Editor’s Notes
      • Featured Stories
      • Forum
      • How it Works
      • Lloyd Graff’s Afterthought
      • Reviews
      • Shop Doc
      • Interviews
      • Magazine Back Issues
    • Subscribe
    • Contact
    Today’s Machining WorldToday’s Machining World
    Home»Swarfblog»Even Medical is Suffering
    Swarfblog

    Even Medical is Suffering

    Noah GraffBy Noah GraffMarch 11, 2009Updated:January 21, 2014No Comments1 Min Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The auction market for good used CNC machinery is being overwhelmed by a rush of supply. Even CNC Swiss lathes, always in short supply, are appearing in auction brochures almost weekly.

    Recently a dental instrument maker, Hu-Friedy Corporation of Chicago, sold 13 late model Stars in an online sales event.

    The machines were in beautiful condition, well maintained, and being sold because the company wanted the space for other manufacturing operations. Hilco had given the company a guarantee on the proceeds of the sale several months earlier and had been attempting to liquidate the machines prior to the auction date. They sold (3) SR-20 machines in December, but the balance of the deal was sold in early March.

    The auction prices did not reach the computer’s reserves, but I understand many were sold to the unsuccessful bidders after the sale.

    The Stars at Hu-Friedy were exceptionally nice machines with Iemca loaders on each one. The fact that not one piece brought the reserve price on the web auction is a clear indicator that even one of the strongest CNC markets is quite weak.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Noah Graff

    Related Posts

    The Machining Business After Trump’s Tariffs-EP 247

    July 29, 2025

    Still Playing in the Majors

    July 23, 2025

    Freeing Humans One Robot at a Time, with Malachi Greb-EP 203

    July 22, 2025

    Most Comfortable When I’m Uncomfortable in Business, with John Griner – EP 246

    July 15, 2025

    Comments are closed.

    SPS Atlanta

    Winternitz Auction

    Maynards Auction

    Join Email List

    Subscribe to the Swarfblog

    Lists*

    Facebook Twitter Instagram
    © 2025 Today's Machining World

    Type above and press Enter to search. Press Esc to cancel.