Like many sub-sectors of the manufacturing industry, innovation drives the purchase process of electrical equipment. The demand for greener and cleaner alternatives for energy, along with the increasingly complex nature of buyer preferences, promised continuous and substantial growth to the manufacturing industry.
EQUIPMENT SHORTAGE BRINGS DEMAND TO A HALT
This demand froze in 2020 after the global business shutdowns due to the COVID-19 pandemic. Direct labor and raw materials shortages, compounded by the supply chain crisis, caused a massive bottleneck of backlogged inventory within our global distribution centers. Market demand skyrocketed far past what was available for sale. Manufacturers were squeezed for resources, and efficiency became more challenging to achieve as distributors were forced to raise prices.
THE SOLUTION? BUY USED
While these circumstances may be daunting, the solution is clear: buy from domestic and vertically integrated wholesalers like Lenmark. Compared to our non-integrated competitors, we don’t suffer from the same threat of supplier power and sharp market volatility, which has allowed us to create sustainable partnerships with our clients.
LENMARK SELLS NEW AND USED EQUIPMENT
We found a way to bridge the gap for the new equipment purchasing market by leveraging the value of the used market. Assets that still have immense value and long life spans that would otherwise be destined for disposal are the answer to our backlog and shortage crisis.
PURCHASE GREAT ASSETS AT LOWER COSTS
To illustrate how we have been able to do this, let’s look at a couple of used electrical equipment SKUs, the year they were manufactured, their corresponding life spans, and the current price they are listed.
Transformers
Cooper-Power 7500/9975 kVA Oil Transformer
SKU: 87363
Year: 2015
Life Span: 30 years
Price: $185,000
Generators
4.4 Megawatt Diesel Generator Set C280-3616
SKU: 86238
Year: 2018
Life Span: 50,000 hours
Price: $3,200,000
SURPLUS ELECTRICAL EQUIPMENT
Lenmark doesn’t just offer large-scale Industrial electrical equipment but smaller, more commercially applicable components. To see our entire collection see here.
Breakers
For our circuit breakers, we have over 2000 available different mounting styles, voltages, and amps. We have these pieces listed at fair market prices; for example, our 3200A, 600-volt ABB Sace Breaker is listed for just $11,640:
SKU: 87744
Breaker Panelboards
We also carry a wide selection of panelboards that range from 120-to-1200 amps and 120/208-to-600 volts. Prices range based on energy capabilities, # of circuits, and phase type. For example, our type PL1 A panelboard distributes 225 amps and 120/208 volts (3-phase), carries 42 circuits, and is priced at $450:
SKU: 81577
Wires & Cables
We currently have over 350 listings that feature cables, including control wires, copper wires, instrument cables, teck cables, and tray cables. Our control wires, for example, have a wide selection of voltage strengths, as well as the number of conductors being between 1 - 16PR. For our highest voltage control wires, sizes range from 10 AWG to 16 AWG, like our 5000 volt 3-conductor Teck Cable priced at $33.75:
SKU: 88918
LENMARK IS YOUR STABLE SOLUTION
Despite the industry's nebulous crises, Lenmark has maintained a stable stream of inventory output for our complex electrical equipment and components. Our tight network with significant suppliers has given us a leg up on competitors, and by selling good condition used assets, we have been able to meet the needs and deadlines of our clients.