Auctions
Auction Action
I attended the auction of Caire Medical’s surplus machinery Nov. 4, in Indianapolis. The auctioneer, Asset Sales Inc. of Indian Trail, North Carolina, had a financial interest in the sale. [...]
Industry Scuttlebutt
I talked to Jim Kucharski, National Sales Manager, of Maier USA, about the health of the company. Maier has made inroads as a new player in the North American CNC Swiss marketplace. [...]
On the Auction Blog
Chad Arthur stood in his former office at Arthur Machinery Tuesday with his wife as the auction of the bankrupt machine tool distribution firm he had built into a $80 [...]
A CAM Operated Davenport in a CNC World
Last month I wrote an article about the death of Automatic Machining, in which I ended the piece with a reference to the magazine being a CAM operated Davenport in [...]
Industry Scuttlebutt
Hydromat of St. Louis is suffering through a soft spell and has let about 35 people go from its peak employment. But a sign of the times is a fresh [...]
On the Way Up
By Lloyd Graff June 3rd, and the world looks a lot different than just 30 days ago. GM finally did the dirty deed and filed, and the stock market reacted [...]
One auction in May, the machining world looked brighter
By Lloyd Graff Auction prices today are very hard to figure. I talked at length with Dennis Hoff of Hoff-Hilk Auctioneers about his May 26 sale at Bystrom Precision, a [...]
Inside the Swiss Screw Machine Industry
Paul Huber of Comex comments on the recent Bosch auction in which 75 Escomatics were sold by Asset Sales Corporation. Paul came to the U.S. as a Tornos service engineer [...]
Even Medical is Suffering
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 [...]
The End of Detroit as we know it
By Lloyd Graff What a day for Detroit. Old John Dingell, the pugnacious congressman from Motown lost his Jewel, the chairmanship of the Energy and Commerce Committee. Dingell is 82, [...]