Industrial machine tool sales have been our core industry for over three generations. M. Ferrara & Sons has grown into one of the most dynamic industrial machine tool and plant fixture remarketing firms in the region. Our extensive industrial campus is filled with the best late model machine tools available in the northeast. A look through our Inventory will be enough to convince you to make us your first stop when looking to buy or sell equipment.

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     With Forklifts from 2,000 to 80,000 Lbs., and our own fleet of air ride trucks & trailers, we can move, deliver or pick up just about any industrial machine tool in the Northeast. Call us for competitive rates and fast service.

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  The Concept: Most service-oriented businesses are multi-faceted. If a business works with a range of different customer demographics, then sooner or later it will be called upon to deliver a service that is either beyond the scope of it's expertise, or not cost-effective to develop. However, since fulfilling a customer's needs is the best way to cement an ongoing relationship, companies often find themselves working out of their element, or adding services they know will be financial drains on their resources.

Developing partnerships with companies that already have the types of specific capabilities required, allows both companies to augment their ability to meet the needs of their respective customers, while remaining focused on their core business activities. When done properly, a strategic partnership can seamlessly extend the capabilities of a business, increasing its value to the customer.

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  The Keys: There are several key issues that need to be considered when contemplating setting up a strategic partnership with another firm. The companies should be managerially compatible. Since most partnerships are formed on an executive level, it is imperative that there are good communications and an atmosphere of candor from the boardroom down. There should be little or no market crossover. Companies that are competitors seldom make good partners no matter how much mutual respect is present. The company in consideration should excel at what they do. The best partners are those you don't have to apologize for, and if a potential partner has a reputation for being inconsistent or unscrupulous, then it will ultimately reflect poorly on your own reputation if you are involved in a partnership together.

M. Ferrara & Sons has actively pursued the development of strategic partnerships that allow us to service our customers interests in the best, most efficient way.

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    Managed Sealed Bid Auction: Take advantage of our large customer database and experienced marketing staff by letting us structure and run a sealed bid auction for you. The machinery stays on your floor, and you decide whether or not to accept the high bids. Appropriate for large pieces of equipment that would be cost-prohibitive to move, or highly technical machines that are of higher value to customers when they can be inspected under power. A well run sealed bid gives you virtually the same or better market penetration as a conventional auction, without incurring the set-up costs.

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  Clearing Center Auction: Through our partnership with Capital Asset Group, items can be brought to our Auction Clearing Center in Portland, CT where they are accumulated until enough assets exist to conduct a conventional type auction. This method assures enough value to justify the type of mass advertising needed to get first rate participation. Now in its third year of operation, the clearing center has liquidated millions of dollars in assets for hundreds of consignors from fortune 500 companies down to small shops.

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    Online Auction: Through another of our strategic partnerships, M. Ferrara & Sons can offer items for sale by online auction. Click & Bid's auction architecture is one of the easiest we've seen to navigate, and in a market that is just finding its feet, they promise to be a dynamic tool for asset liquidation in the future.

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     Certified, Experienced, and Accurate, our associated appraisal service can handle projects that range across the entire commercial/industrial spectrum. With a long track record, and an uncompromising reputation, we can provide appraisals on facilities, plant, equipment, and even real estate.

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