HGR launches new auction site for industrial equipment

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HGR are known best for their U.S. based online marketplace for used industrial equipment. To make buying and selling even easier they have launched a new auction site where buyers can place bids on industrial equipment from anywhere in the world and sell equipment directly from their facilities.

Industrial equipment can be large and cumbersome but HGR auctions offers sellers a way to sell their gear locally without having to pay high courier fees to transport heavy goods across the country. The first online auction will be hosted on Thursday, January 20, 2022. Buyers can go to auctions.hgrinc.com to create an account, register to bid, and preview inventory in the inaugural sale. HGR’s January 20 auction will feature CNC lathes, grinders, robotic cells, air compressors, forklifts, drill presses, and other equipment.

HGR’S new auction site provides multiple bidding options to enhance flexibility and usability for all bidders. Pre-bid on equipment up to seven days before the auction goes live. Select your maximum bid during a live auction for easy and automatic bid increases. Finally, choose instant bidding to quickly place bids without the bid confirmation screen.

Although the site claims to let buyers bid on industrial equipment from anywhere in the world at first glance most of the listings are U.S. based. You can learn more about selling on the HGR auctions platform here.

“Companies looking to sell equipment can maximize revenue through HGR Auctions in addition to our marketplace, while customers looking to buy have greater access to industrial equipment,”
– Conner Humphrey, EVP of Operations, HGR


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