Three Tips for Buying Heavy Industrial Equipment

Buying for the heavy equipment industry is different from buying basic supplies. First of all, it’s a much larger investment that will require maintenance to keep your equipment running efficiently. You also can’t return equipment that you’re unsatisfied with after you’ve started using it. 

You need to have a good grasp of what your company needs and whether or not you can afford it. 

What is heavy industry equipment, though? And how do you make sure you’re buying the right ones? Here are three general tips.

1. Mobile Vs. Fixed

How big the industrial equipment you purchase can affect its portability and price. You also have to consider whether or not your business needs to bring its heavy equipment on the road. 

For example, a fixed crane is useful for the heavy construction industry. It can lift heavier objects while remaining stable. As a result, you never have to worry about it moving in the middle of a job. 

Meanwhile, a mobile crane is more compact and can fit into smaller areas. You can use them at multiple job sites since they’re easily relocated. They also require less setup and are often more affordable than fixed ones. 

2. Establish Your Budget

It’s crucial to figure out how much you have to spend before making any serious investments. A tight budget can get in the way of buying new heavy-duty equipment. However, there are some options to get equipment if you don’t have a lot to spend. 

Brand new equipment usually comes with a warranty that provides coverage if something breaks down. However, they’re also expensive. Most retailers offer loans or financing to help customers make payments over time. 

Used equipment is much more affordable than new ones, but they won’t be worth as much later on when you want to resell them. There may also be more options when compared to newer equipment. 

3. Buy What You Need

There’s a new lineup of heavy industry equipment released every year. While it’s surely the best stuff you can find on the market, it’s not necessarily what you need right here and now. So buy what you need. 

Some essential heavy equipment machines for construction include a bulldozer, loader backhoe, and excavator. In addition, cranes are necessary for any vertical job, and dump trucks help haul away all the dirt and debris. 

When buying heavy-duty equipment, always look for machinery that would help improve your workflow or add new capabilities.

The Best Quality Heavy Industry Equipment

When buying heavy industry equipment is essential because it’ll be the equipment you use years from now. You want it to work well without costing your company more than you can afford. 

Kor-Pak offers both OEM and aftermarket parts in dozens of product lines. You can find crane and hoist controls, molded and injection rubber products, and more.

Contact us to hear our entire portfolio or check out our products online. 

 

Posted in Industrial Equipment.