Category Archives: Member News

Great American Equipment Company Tour at WWTP

Weekend With The Pros, Great American Equipment Co. Tour with Austin D. Lucas $1,000 Scholarship Challenge

It was a great weekend with the Pro’s in Cincinnati Sept 19-21 st.  The enthusiasm and particularly the amount of new youth was very encouraging for our industry.  Lots of comradery and smiling faces which is what it’s all about.

Great American Equipment Co was proud to host one of the tours. Regarding the $ 1,000 Austin D Lucas Scholarship Challenge Learning Questionnaire given by Great American Equipment Co, Ed Krause from F H Machinery only missed 4 questions out of the 24. This was 3 better than second-place which was missing 7 questions. This is very impressive for a guy in the Fastener and Wire Forming business, as many of the questions revolved around conventional CNC machinery. Missing 10 questions was still a pretty good score as the 24 questions were not particularly easy. Particularly impressive to me was even if you missed quite a few questions, if you got one right that hardly anybody else got right, then that was impressive also.

I would like to give an honorable mention to all those people who were humble enough to give it a try. If the questionnaire did humble you further, please don’t be discouraged because an iconic used machinery dealer and long-time MDNA dealer taught me, by example, that Optimism, Initiative, and Persistence will make you a lot more money than knowledge in the machine tool business.

Great American Equipment Company will be donating $1,000 to the Austin D. Lucas Scholarship Fund in Ed Krause’s name.

Finally, all the thank-you notes we received made it all worthwhile.

Dave Quint, President & Founder

Great American Equipment Company 

The More You Know, Latest on AMEA

A letter from our President
Randy Koster, CEA, of MDNA Member Firm, Koster Industries Inc. was re-elected for a third term as President of the Association of Machinery and Equipment Appraisers by the MDNA Board of Directors at their recent Board Meeting on May 2nd.  AMEA President, Randy also serves as a member of the MDNA Officer and Executive Teams. 
 
This newly elected Officer team also consists of AMEA First Vice President John Lawton, CEA of Machineused.com, Second Vice President David DiBenedetto, CEA of TDI Group, AMEA Treasurer Doris Toronyi, CEA of Liquid Asset Partners, Inc. and Immediate Past President Jack Mendenhall, CEA of Machineused.com.
 

If you are not an AMEA Member there is no better time to join and start making money as a certified appraiser. 

To join AMEA please go here. 

AMEA Mission
The Association of Machinery and Equipment Appraisers (AMEA) is a nonprofit professional association whose mission is to accredit our certified equipment appraisers. Through the promotion of standards of professional practice, ethical conduct, and market-based experience, our company has continued to thrive on its original ethics since our establishment by the Machinery Dealers National Association (MDNA) in 1983.

AMEA History
Over its 32 year history, the AMEA has grown to nearly 300 accredited and certified equipment appraiser members from around the world. AMEA provides its members with professional designations, timely news, continuing education opportunities, referrals to clients, networking, discounts on conventions and CE programs, and other benefits such as reference and research tools through our website’s back office for members only. Those searching for an appraiser may search for a specific member through the online member directory.

The foundation of the AMEA is our Code of Ethics and Standards and Procedures Of Professional Appraisal Ethics and Practice. The Standards and Procedures of Appraisal Practice conform to the standards of the Uniform Standards of Professional Appraisal Practice established by The Appraisal Foundation. The AMEA has endorsed the work of the Appraisal Foundation and is represented on The Appraisal Foundation Advisory Council (TAFAC). The Appraisal Foundation Advisory Council (TAFAC) is composed of 57 non-profit organizations and government agencies, which represent appraisers, users of appraisal services and government agencies. TAFAC serves to involve the public in the appraisal standards and appraiser qualifications development process.

 
MDNA President – John Greene, CEA
FL Sales Inc. 

Welcome New Premier Vendor, Valley Financial Services

Valley Financial Services finances all types of manual and CNC machinery, fabrication equipment, welding equipment, forklifts and wood working equipment. Whether the purchase is a manual mill, manual lathe, machining center, press brake or a five-axis milling center, they are a one-stop solution for fulfilling the funding needs that facilitates business growth. 

Harvinder Singh, CEO of VFS, has been the machine tool industry’s trusted equipment funding resource since 1985 when VFS was instrumental in the growth of Ganesh Machinery.  VFS provided the funding for hundreds of machine purchases that allowed many machine shops to expand their business.

Valley Financial Solutions specializes in used machinery financing.  They have a Small Equipment Financing Division for machine tool accessories, manual machinery and used equipment, ranging from $2,500 to $20,000.  Lease options include 1-3 year terms with competitive rates and quick approvals. Visit them online here: www.vfsfunding.com  

Norman Machine Tool, MDNA Member

The More You Know, Q&A with Norman Machine Tool, LTD

MDNA Philadelphia Chapter Member Profile
 
Question: When and how did you get your start in this business? 
 
David Norman: “We were Established in 1955 by founder Paul Norman, initially serving the local Baltimore community and surrounding counties in the state of Maryland.   Norman Machine Tool LTD, as it is known today, experienced rapid growth in its business and territory, nationwide, and subsequently became globally known.”
 
Question: Where are you located and do you have a warehouse? 
 
David Norman: “We currently own 30,000 square feet of office/warehouse space centrally located in South Baltimore, Maryland at 1311 South Ponca Street.” 
 
Question: Is there anything else you’d like fellow MDNA Members to know about your company? 
 
David Norman: Norman Machine Tool, LTD offers a family-oriented business approach Norman Machine Tool, MDNA Memberthat gives every customer in the metalworking & fabrication industry, a knowledgeable, trustworthy, and problem-solving company to rely on. The dedicated staff is experienced in all facets of the industry, including any customer-specific applications and will work with every customer and partner to offer a guaranteed solution every time. Expanding its capabilities, Norman Machine Tool has a reputable on-the-road and in-house repair service that are dedicated to serving its customers.
 
Get In Touch With David Norman 
Tel: 410 633 2300
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The MDNA is made up of extraordinary companies and amazing individuals, unique because of our national and global reach.  MDNA is committed to sharing the story of each of our members.  If you are interested in having your company profile spotlighted in this way please email office@mdna.org and mention that you would like your company profile shared.
 
MDNA President – Joe Lundvick, CEA
Perfection Global, LLC

The More You Know, Q&A With T. J. Snow Company

MDNA Southern Regional Chapter Member Profile

Question: When and how did you get your start in this business? 

Tom Snow

Tom Snow: “After a decade of traveling 11 southeastern states as a salesman for Taylor-Winfield, a well-known resistance welder manufacturer, my father founded our family business on April Fool’s Day, 1963. For the next 20 years, he represented a succession of other welder manufacturers, including Precision, Progressive, Federal and LORS.

I joined my father in 1973 and we got into the used resistance welder business almost by accident when customers asked us to take their old welders in on trade. As MDNA members can appreciate, it did not take long for us to realize that refurbishing and selling used machines was much more profitable than getting paid a modest commission for selling new machines made by others.

After several years of refurbishing and remanufacturing various brands of used resistance welders, we took note of the design features we liked and combined them into our own line of new resistance welding machines. However, the used welder side of the business continues to be important and we have around 200 machines in stock. For years we averaged around 300 welders in stock, but we’ve recently thinned the herd by scrapping most of the older machines that would cost too much to strip and remanufacture like new.

We have customers nationwide and in several foreign countries. We currently employ 105, including two bilingual sales people.

In addition to machinery, we have one of the largest inventories of resistance welding supplies and accessories in the world, plus a dedicated service department that utilizes two corporate planes to respond to breakdowns quickly. In addition, we offer hands-on and classroom training related to the resistance welding process.

Question: Where are you located and do you have a warehouse? 

Tom Snow: “We are located in a 65,000 square foot building adjacent to the Chattanooga, Tennessee Airport and we are in the process of buying a 7,000 square foot storage building around the corner. As a pilot, our location is a dream come true because we can walk to our hanger. We moved here six years ago after spending 39 years at another nearby location.  Our machinery storage warehouse is equipped with a 15-ton overhead crane and we have a Sciaky three-phase aerospace resistance seam welder in stock that maxes it out.  (Anyone got a home for that beast?)
 
Question: Is there anything else you’d like fellow MDNA Members to know about your company? 
 
Tom Snow: Although I’ve not been to a convention in a while, I consider many MDNA members to be personal friends. I continue to buy machines from members on a regular basis and I welcome dealer referrals and inquiries regarding the value of resistance welders that members find.

By the way, I know next to nothing about arc welders, so please don’t call me about those!

Although my son recently bought me out, I plan to work for several more years in a sales and marketing role. Without daily management responsibilities, I hope to be able to travel more and hopefully attend MDNA meetings on a regular basis.

 
Get In Touch With Tom Snow 
Tel: 423-308-3165
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The MDNA is made up of extraordinary companies and amazing individuals, unique because of our national and global reach.  MDNA is committed to sharing the story of each of our members.  If you are interested in having your company profile spotlighted in this way please email office@mdna.org and mention you would like your company profile shared.
 
MDNA President – Joe Lundvick, CEA
Perfection Global, LLC

The More You Know, Q&A with Wigglesworth Machinery Co.

A letter from our President: MDNA Member Profile

Question: When and how did you get your start in this business? 

Gifford Wigglesworth: “I am a fourth-generation machinery 

dealer.  For us this journey began in Chicago at turn of the nineteenth century, with my Great Grandfather Albert W. Wigglesworth.  He saw a business opportunity and shifted from selling new machinery to reconditioning and selling used machinery and for this he is known as the ‘Grandfather’ of the used machinery business.  In 1928 Albert W. sent his oldest of five sons, Albert G., to Boston (an up and coming Industrial Market) to practice the family business.  He tracked down every smoke stack in New England.  We have prospered here through several wars and survived several economic “downturns” and we are now celebrating our 90th year”. 

Wigglesworth 3 Generations
Question: Where are you located and do you have a warehouse? 
 
Gifford Wigglesworth: “We recently sold one of our two buildings. We consolidated into one warehouse and streamlined our operation. It is located at 276 Border St, East Boston, MA 02128. The entire warehouse is serviced by a heavy duty overhead crane and it is much easier to get trucks in and out”.  
 
Wigglesworth Warehouse
 
We have qualified mechanical and electrical repair personnel. We re-scrape slides, replace bearings and lead screws, and replace worn or broken parts as required. Many of our orders are from repeat customers who have been pleased with machines we have previously sold them.”
 
Question: Is there anything else you’d like fellow MDNA Members to know about your company? 
 
Gifford Wigglesworth: “We specialize in precision chip removal machinery; lathes, boring mills, grinders and gun drills.  From our beginning to today, and into the future, we have been and will continue to be in the business of reconditioning and adding value to our machines”.   
 
“My father, Albert Gifford Wigglesworth JR, ran the business for about 35 years. He past away 17 years ago. He said, “Our industry has certainly changed a great deal in a very short time. With the common use of the fax and now the internet, information is light years ahead of what it was a few years ago. There are darn few of us left doing things the “old-fashioned way”. When you buy from our stock, the machines are “right” when they go out the door”. I don’t have a fax machine anymore, but like my father, I make sure that the machines are still “right” before they go out the door.” 
 
Get In Touch With Gifford Wigglesworth
Tel: 617-567-7210
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The MDNA is made up of extraordinary companies and amazing individuals, unique because of our national and global reach.  MDNA is committed to sharing the story of each of our members.  If you are interested in having your company profile spotlighted in this way please email office@mdna.org and mention you would like your company profile shared.
 
MDNA President – Joe Lundvick, CEA
Perfection Global, LLC

MDNA Runs Miles for Manufacturing at IMTS 2018

MDNA Members Troy Clark, CEA, Clark Machinery and David Valitt, Machinery Values Inc. were up early to run the M4M 5k with almost 500 other registered racers during the 2018 IMTS show going on this week. Will you join them at the next race?

RACE 2
Troy and David at the starting line M4M 2018 5K

 

“Since its debut at IMTS 2014, the Miles for Manufacturing (M4M) 5K has been run at meetings around the country and has raised more than $60,000 to assist middle school, high school and technical college programs that promote careers in manufacturing.

The IMTS tradeshow covers all of the cost associated with staging and promoting the M4M, so that 100% of all sponsor revenue and every dollar of runner registration fees go directly to the schools. Your support, whether as a sponsor, runner or a contributing spectator, directly benefits the students!

Proceeds from the September 12th M4M event are slated to support FIRST® Illinois robotics teams, FIRST®Indiana robotics teams, the Chicago Pre-College Science and Engineering Program, and STEM middle schools in the Chicago Public School System (CPS) among others. Donations are distributed by Smartforce Development at AMT.”- IMTS

EAMTM RECOGNIZES MDNA MEMBER

John Marshall of Marshall Machinery Ltd. (EAMTM & MDNA Member) has been awarded aJohn Marshall

Fellowship of the EAMTM, in recognition of his hard work, dedication and commitment.

John has been a member of the EAMTM Association since 1991, has been actively involved on the British Board for many years and was Chairman of the British Branch in 1999 and 2000.   John was a member of the EAMTM Council from 1996-2014 and acted as a member of the IT committee.

Since the formation of the EAMTM Association there have only been 35 fellowships awarded (including John) and this is usually an honor bestowed on Past Presidents.

“The EAMTM is very grateful for all the work and effort John has put into the Association and I’m sure he will continue to do so in the future.” —Lorna Kesby, Chairman – EAMTM British Branch

eamtm british branch

These Members Met at a MDNA Event and Struck a Deal

Scott's Pic[1] copy
Scott Buth, Alternative Machine Tool, LLC

Testimonial from MDNA Member—-Scott Buth, CEA, CSA, Alternative Machine Tool, LLC

At the Detroit “Weekend With The Pros” I met a new MDNA Member, Matt Reed with Benchmark Machine Tools LLC. He introduced himself as an “Expert” in Parts Washers.

I am happy to report that I kept his card, and recently I came across a late model, parts washer that I needed his help on. Our deal went very smooth and we each made enough money to pay our MDNA dues for many years to come.

Without that “face to face” meeting, I would have never pursued this machine that was out of my area of expertise. I would highly recommend that any MDNA member contact Matt Reed when they come across a Parts Washer.—-Scott Buth, CEA, CSA, Alternative Machine Tool, LLC

Alliance Parts Washer[1] copy