We acquire new and used MAGNETEK MRO, surplus, and spare parts in bulk at the best prices.
For over 21 years, our consignment and direct purchase programs have helped our clients recover more than $650M from surplus industrial equipment.
We actively list and market your equipment on 37+ marketplaces such as eBay, Amazon, Alibaba, and NRIParts.com to name a few.
Our buyer base comprises over 110,000 loyal industrial equipment buyers, resellers, and distributors.
Our clients typically see sales in as little as one to two weeks. Our reporting portal offers our clients complete transparency on their assets.
We have distribution centres in Ohio (US), New Mexico (US), Ontario (CA), UAE, and Pakistan, allowing us to work with clients globally.
We actively carry thousands of MAGNETEK inventory spread across many different product categories:
From cataloging, listing, warehousing, and fulfillment to post-sale and customer service, we handle the entire process for our clients.
Got questions or ready to get started? We are ready to respond.Free Valuation
NRI provides a no-cost evaluation within 2-3 days. The client provides an asset list or a site inspection is conducted. Once a list is received a comprehensive evaluation is performed to include the desirability of the material list, recovery value range and timeframe of recovery.
Our team consistently analyzes the market to determine the current selling value of the items we list for sale. Our 21 years of historical data also enables our team to make accurate projections and the expected recovery.
The client is responsible for the cost of transportation to our warehouse. Our logistics team can schedule the freight transportation for the client, or the client can handle the freight themselves. If we schedule the transportation/trucking, we do so at our cost and deduct the expense from the client's monthly proceeds payment. If the client cannot pick, pack, and load, we can send a crew to the client's site to package and load the material. We charge an hourly fee for this service.
No. MRO and spare parts are shipped to one of our facilities to be processed and managed through order fulfillment (off-site consignment program). We can support onsite consignment sales under special project conditions.
Generally, our clients are under monthly payment terms. At the end of every month, a payout record will be generated for the sales that occurred within the month. Payments are sent before the end of the following month.