Prestige Equipment Corporation

General information

Founded in 1990, Prestige Equipment is a worldwide leader in the procurement and sales of metalworking machinery, fabricating equipment, and complete manufacturing facilities. A full-service stocking dealer, Prestige Equipment offers an extensive inventory and consignment selection of more than 1000 late-model machine tools. Related services include both online and on-site auctions and liquidations, asset management programs, appraisals, financing, plant turnaround, and business sales.

USED MACHINERY SALES
Specialties include Aerospace, Power Generation, and Automotive Industries as well as Precision Large Capacity Multi-Axis CNC Milling & Turning Machinery, CNC & Manual Chip making and Fabricating Machinery, Gear Machinery, Grinding Equipment, Plastic Injection Molders, and Presses. As long-time and active members of the Machinery Dealers National Association (MDNA), most machines are offered a 30-day MDNA return privilege.

AUCTIONS & LIQUIDATIONS
A global leader in industrial liquidation services, Prestige provides an array of effective solutions for manufacturing companies undergoing plant closure or downsizing, Included are the full or partial purchase of assets and real estate, cash guarantees, and commission sales. A broad yet unique approach to the marketplace allows Prestige to provide maximum returns for clients.

ASSET MANAGEMENT, REMARKETING, AND CONSIGNMENT PROGRAMS
Our Asset Management Programs provide clients with focused, organized, and effective mechanisms to remarket their assets, either through direct marketing campaigns, time-managed online sales, or consignment to our warehouse facilities. With a database of more than 125,000 manufacturers worldwide, clients are provided with the best opportunity to realize the maximum market value for their assets.

APPRAISALS
As members of the Association of Metalworking and Equipment Appraisers (AMEA), we have Certified Equipment Appraisers (CEA's) on staff. Adhering to the latest USPAP compliance, we provide professional, timely, accurate, and reliable appraisals for all types of machinery and support equipment, from a desktop appraisal to an inspection resulting in a detailed report. Clients include manufacturing companies, banks, and leasing companies.
BUSINESS SALES
With an international marketing reach, clients that are selling their businesses are afforded broad yet focused exposure to potential buyers in every facet of manufacturing around the globe.

WAREHOUSING AND SHIPPING
With a full-service warehouse totaling over 150,000 square feet of heated space, no machine is too big for Prestige Equipment to handle. Conveniently located less than 10 minutes from Philadelphia International Airport, our warehouse is equipped with a 100-ton crane capacity, with 60 feet under the hook. A full-time staff and on-site millrights oversee professional rigging, export packing, and international shipping services.

FINANCING
Prestige has a broad range of Financing Programs that can be tailored to each client's specific needs.