Posted December 29, 2021

HGR Industrial Surplus acquires Tramar Industries

HGR Industrial Surplus acquired Tramar Industries, a CNC machinery marketplace.

The merger will expand options available to customers looking to buy or sell their industrial equipment, according to a press release announcing the acquistion.

Based in Euclid, Ohio, HGR buys and sells used industrial surplus equipment.

"A wider selection of equipment across multiple categories, including top-quality CNC machinery, allows HGR and Tramar customers to have confidence in automating their facilities with experts in the industry," said Greg Owens, CEO of HGR Industrial Surplus.

The acquisition will merge HGR and Tramar's complimentary marketplaces and provide additional warehouse locations and space throughout North America to buy or consign industrial equipment from customers. HGR and Tramar acquire equipment from one item to an entire plant through buying equipment directly from companies or through facility decommissioning services provided by NRTC Automation, a sister company to HGR Industrial.

"Tramar supports companies around the globe through buying used CNC machinery and industrial equipment," said Mauro Damino, senior vice president, Tramar Industries. "Now, with HGR's extensive network of buyers looking to purchase industrial equipment, Tramar will be able to expand this effort to an even greater audience."

Combined, HGR and Tramar offer services across North America with locations in Ontario, Canada to Monterrey, Mexico as a one-source-solution provider across all equipment types, including MRO and CNC.