In our current economic climate, buying new hydraulic presses can be too big of a financial burden on manufacturing companies struggling to make payroll. Yet companies must have adequate process equipment to complete orders, and when an old hydraulic press breaks or becomes outdated, the equipment must be replaced.
Buying a used hydraulic press can save 60-70% of the cost of buying new a new hydraulic press. Technical Machine Products will recondition used hydraulic presses to customer specifications, allowing customers to save money by cutting the cost of updating used presses themselves.
Additionally, many OEMs and used equipment suppliers are selling used hydraulic presses below market price to make up for sales volume. Although the current U.S. recession is difficult for many aspects of business, buying used industrial manufacturing equipment today could turn in to significant savings once equipment prices rise again. A used hydraulic press bought and refurbished by TMP might serve as an excellent backup for old, failing or outdated process equipment being used now.
