Trusted resource for the Graphic Arts Industry
For over 35 years, NEPM has been a trusted resource for all companies involved in the Graphic Arts Industry. We buy and sell single pieces as well as handling complete plant liquidations and auctions, and everything in between. We have a large network of industry partners as well as a refined database of buyers throughout the world. Our reputation enables us to find opportunities where others might not. In addition to a large selection from our own inventory, we pride ourselves on finding special request orders for equipment you may not see listed in our Stocklist.
Spring 2017 Online Auction - Opens Friday, June 2, 2017
Auction of equipment from several New England area printers including Sherwin Dodge, in-plant shop of Fidelity Investments and others. Other locations are included.
We formed our asset management division to be a versatile service organization that acts as an extension of the asset management division of leading financial institutions. We treat each client differently and tailor a strategy to fit their unique needs. Whether your equipment leasing/sales division requires repossession, remarketing, appraisal, warehousing or inventory management services, we can provide you experienced help in these areas. We typically work on fee, commission or retainer basis; keeping your recovery costs to a minimum.
As a division of North East Printing Machinery, we can leverage the 30 years experience in buying, selling and handling of machinery and equipment to its best and most efficient use.
We would love the opportunity to show you how our vast array of contacts, mature technology assets and personnel can turn your assets into cash in a professional, hassle free experience.
PRINCIPAL APPRAISER, Joseph Koravos, has almost 30 years of experience in appraising all types of graphic arts equipment. We can provide professionally written appraisal reports, desktop opinions, residual valuations on leased equipment and entire portfolio/inventory reviews. As a candidate member of the American Society of Appraisers, our appraisals are relied on by nearly all of the leading financial institutions. Additionally, we have been qualified as an expert witness in matters relating to graphic arts equipment valuations by the US Federal District Court.
For years, North East Printing Machinery has acted as an agent for many of the leading financial institutions and provided them our services when required to repossess their non-performing and off-lease assets. Whether the repossession is adversarial or amicable, we have the personnel and equipment to ensure that your asset is retrieved and secured in a timely fashion. Often times, in non-performing asset cases, our initial involvement as the repossessing agent prompts the lessee to bring its account current. As always, we keep our clients best interest as heart and will tailor a repossession strategy to fit our clients’ needs and goals.
One strategy that is being utilized more in today’s business world is performing orderly liquidations or auctions to help sell large inventories of machinery and equipment in a short period of time. This may be accomplished by conducting an orderly liquidation, physically on-site or online thru the internet. The same can be accomplished in an auction process thru either on-site or online methods.
We have extensive experience in managing these types of sales for clients and have done so successfully over the last 30 years. We have conducted more liquidations and auctions of graphic arts related companies than any other entity in that time.
One of the strengths of our company is its ability to resell used machinery and equipment both quickly and at the right price. We achieve this by accessing the vast network of companies worldwide that we know to be buyers of this type of equipment through our 30 years of industry experience. We maintain our own database of contacts and utilize email blasts as well as our interactive website, trade ads and telephone marketing to reach prospective buyers.
For many types of machinery, the overseas market is an excellent place to find buyers for older and obsolete equipment. We maintain good relationships with many of these buyers. They have come to rely on us for their purchasing needs due to our long history in the business as well as our reputation for ethical dealings.
We maintain our own free standing 22,500 s.f. warehouse in Seabrook, NH dedicated to the proper storage and maintenance of machinery and equipment. We offer services to our clients who need to store their assets for a day or a year. Our building is a sole use property maintained by our own personnel so that equipment stored here is secure and safe. Also available is a limited amount of clean climate controlled space for storage of delicate electronic equipment. Other services include setup and demo of machinery, digital video, photography and cataloging of assets, crating and packing services as well as pick up and delivery utilizing our own trucks and people.
Also, often times it is more cost efficient to obtain warehouse space that is located closer to where an asset is. We have developed a network of companies that specialize in warehousing of equipment that we may utilize if it makes economic sense.