While many are alarmed by the current geopolitical climate, this international tension comes with a silver lining for owners of roll forming machines. Increased spending in aerospace & defense has led to huge growth in demand for square and rectangular tubing, among other fabricated parts. Industrial supply company Thomasnet reports an 83% increase in sourcing for this tubing vs historical averages. This boost in sales is bolstered not just by defense spending, but also by high demand in industrial supplies manufacturing and energy and utilities.
2017 represented a year of record growth for the aerospace & defense industry, and 2018 so far seems to be following suit. Increasing competition between oil & gas companies and alternative energy sources has also been a great boon, as both fields make extensive use of square and rectangular tubing. The tubing is also used heavily in automotive and medical equipment, both of which are expected to continue a pattern steady growth amidst a healthy economy.
This demand won’t subside any time soon, so now is the perfect time to upgrade your fabrication shop, and MMI can help. If you’re looking for new equipment, our huge inventory of used roll forming machines is an easy way to save money without sacrificing much on quality. If instead you’re looking to trade up for a newer model, MMI's machine cash buy and machine trade-in programs are perfect for helping you leverage your old equipment toward new purchases.
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MMI is a global leader in used machinery transactions. Buyers can easily browse through hundreds of quality used CNC machines online or talk to an experienced sales rep to find the perfect match for their needs. Sellers can get value quick through direct purchase, trade-in, or leverage MMI’s vast marketing network to get the top value on their equipment—and whatever the choice, make use of MMI’s worldwide storage, rigging, logistics, and quick appraisal services. Buying or selling, one machine or one hundred,
MMI is the smart way to BUY MACHINERY and SELL MACHINERY.