Challenge
An international automotive parts manufacturer was opening a new facility in Mexico and needed machinery to produce quality components for this growing market. With a limited budget and an urgent need to begin production, the company turned to Liquidity Services to procure the required equipment.
Solution
Liquidity Services tapped its vast network of automotive manufacturers to swiftly identify equipment that met the client’s needs. With a large seller base representing nearly 70 countries and territories and almost every asset category, Liquidity Services is well-qualified to source assets for clients in addition to selling them. We arranged for our client to inspect the functioning equipment, then negotiated its purchase.
Results
In just three months, Liquidity Services sourced nearly $350,000 of manufacturing equipment for our client. By enabling our client to cost-efficiently expand production, we helped it achieve its key business goal of gaining share in the growing Mexican automotive market.