What is Industrial Surplus?

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This is a question often asked, “what is industrial surplus?”

When considering industrial equipment, supplies, and inventory, then industrial surplus can be defined as extras: seldom used equipment or supplies, excessive inventories and/or warehouse products?  Industrial surplus can be defined as items that your company no longer needs or wants.

Some examples of industrial surplus and how industrial surplus is created:

  • A company product line changes and now there is equipment, scrap metal, or machinery that is no longer needed.
  • A company over produce items that now just resting as unused inventory
  • A company decides to close its business will generate industrial surplus — equipment, machines, fork lifts, etc.
  • A company purchases new equipment and now has to dispose of old equipment is no longer equipment

Some examples of industrial surplus items:

  • Forklifts, Pallet Lifts, Lift Trucks
  • CNC machines, Lathes
  • Valves, Fittings
  • Scrap metal
  • Light Fixtures, Electrical Equipment, Circuit Breakers, Electrical Panels
  • Excess Inventory
  • Generators, Motors

Industrial surplus is any and all items that a company no longer needs or wants.

Many companies can turn industrial surplus items into cash/revenue by contacting an industrial surplus company.

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One thought on “What is Industrial Surplus?

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