Bid on Equipment is an online marketplace for industrial equipment used in the food processing, chemical processing, pharmaceutical, personal care products, packaging and related industries. Buyers and sellers on this website are typically plant managers and purchasing directors of companies in those industries, as well as used machinery dealers.
Companies with surplus equipment to dispose of may list it on this site for no listing fee and may, at their option, set a target price and a reserve price. Companies needing equipment may bid for these listings.
Reserve Price: The reserve price is the minimum amount the seller will accept for the item. The seller agrees to sell the item to the high bidder UPON THE 180 DAY LISTING EXPIRATION if the bidding has reached or exceeded this price. The reserve price is not published but buyers can see whether or not is has been met.
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Equipment auctions and equipment trading services provide used equipment at discount prices. Products range from laboratory instruments to earth-moving equipment. Auction businesses sell equipment using bids. They also buy and trade equipment.
Used and refurbished equipment suppliers specialize in used and refurbished equipment and instruments. Suppliers may have the personnel and/or equipment needed to completely overhaul or rebuild equipment or instruments.