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    <title>Federal Equipment Company - Latest Press Releases on ReleaseWire</title>
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      <title>Recovering Industrial Equipment Capital Investment Costs in 2011 As Outlined In Section 179 of the IRS Tax Code</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p class="subheadline">Federal Equipment Company, a Global Buyer, Supplier, and Asset Manager of Used Processing Equipment Addresses Cost-Saving Opportunity</p><p>Cleveland, OH -- (<a rel="nofollow" href="http://www.releasewire.com/">ReleaseWire</a>) -- 11/17/2011 --  Federal Equipment Company (<a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.fedequip.com" href="http://www.fedequip.com">http://www.fedequip.com</a>), a global provider of used industrial equipment, and asset management services for the pharmaceutical, chemical, and plastics process industries, recently addressed the capital investment cost savings opportunity defined by Section 179 of the Internal Revenue Tax Code <a class="extlink"  target="_blank"  rel="nofollow noopener" title="on their website" href="http://blog.fedequip.com/">on their website</a>.  <br />
<br />
As stated on the Internal Revenue Website (<a class="extlink"  target="_blank"  rel="nofollow noopener" title="www.irs.gov" href="http://www.irs.gov">www.irs.gov</a>), <br />
<br />
"You can elect to recover all or part of the cost of certain qualifying property, up to a limit, by deducting it in the year you place the property in service.  This is the Section 179 deduction.  You can elect the Section 179 deduction instead of recovering the cost by taking depreciation deductions."<br />
<br />
"The Section 179 deduction allows a business to deduct 100% of an eligible equipment purchase in the year the equipment is placed into service." according to Matt Hicks, COO of Federal Equipment Company. <br />
<br />
Additionally, to apply for the Section 179 deduction, equipment purchased must meet the following criteria; be eligible for the deduction, be acquired for business use, be acquired by purchase and not defined as "property that does not qualify." It also must be placed into service during the calendar year.<br />
<br />
According to the 179 deduction, eligible purchases include tangible property such as; <br />
<br />
- Machinery and equipment "used as an integral part of manufacturing, production, or extraction, or of furnishing transportation, communications, electricity, gas, water or sewage disposal services."<br />
- Property acquired for business use used in your trade or business and not purchased for the production  of income or investment.<br />
- Property must be acquired by purchase, as opposed to gift, inheritance, or from a relative.  <br />
<br />
Full details regarding equipment qualifications can be found at    <br />
<a class="extlink"  target="_blank"  rel="nofollow noopener" title="http://www.section179.org/property_that_qualifies_for_section_179.html" href="http://www.section179.org/property_that_qualifies_for_section_179.html">http://www.section179.org/property_that_qualifies_for_section_179.html</a><br />
<br />
According to Hicks, "If your business has not taken advantage of the Section 179 opportunity, purchasing used process equipment may allow you to upgrade or add to your capital assets in 2011.  Used processing equipment is generally available immediately, avoids long lead times, and places your equipment into service prior to the year-end, allowing you to take advantage of this cost-saving opportunity."<br />
<br />
Disclaimer: <a class="extlink"  target="_blank"  rel="nofollow noopener" title="Federal Equipment Company" href="http://www.fedequip.com">Federal Equipment Company</a> buys and sells used process and packaging equipment for the pharmaceutical, chemical, plastics, and related process industries.  Federal Equipment Company and its directors, officers, employees and affiliates are not in the business of providing accounting, finance, tax, or legal advice.  Nothing in this writing is intended to be legal or tax advice of any kind.  This writing is intended to be read for information purposes only.  Please consult with your accountant and/or attorney if you have any questions.</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Paul Holland<br />Marketing Manager<br />Federal Equipment Company<br />Telephone: 800.652.2466<br />Email: <a rel="nofollow" href="http://www.releasewire.com/press-releases/contact/115247">Click to Email Paul Holland</a><br />Web: <a rel="nofollow" href="http://www.fedequip.com">http://www.fedequip.com</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=115247&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Thu, 17 Nov 2011 09:15:00 -0600</pubDate>
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      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
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      <title>Federal Equipment Company Adds To Its Plastics Equipment Sales Force</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Cleveland, OH -- (<a rel="nofollow" href="http://www.releasewire.com/">ReleaseWire</a>) --10/11/2011 --  Federal Equipment Company is pleased to announce the addition of Andy Storero to its staff.  Mr. Storero brings more than 30-years of plastics machinery and equipment experience to Federal Equipment.  "Andy&apos;s knowledge and expertise with extrusion and downstream equipment will be a valuable asset to Federal Equipment Company," says Ted Davis, Vice President at Federal Equipment.  "Mr. Storero&apos;s experience comes primarily from buying and selling used equipment and Andy has a great understanding of the value of used equipment within the plastics industry.  The equipment is available now and at a fraction of the cost of new," stated Mr. Davis.<br />
<br />
About Federal Equipment Company:  <br />
For more than 50 years, Federal Equipment Company has been a trusted name in the processing equipment industry. As one of the world&apos;s top suppliers of process and packaging equipment, Federal Equipment is dedicated to providing quality used equipment, outstanding service and competitive prices to meet the needs of the pharmaceutical, chemical, and plastics manufacturers. Right now, Federal Equipment has thousands of pieces of equipment in stock occupying over 400,000 square feet of warehouse space on more than 40 acres in Cleveland, Ohio. With branch offices and a network of global partners, Federal Equipment Company buys, sells, and transports equipment all over the world. Additionally, Federal Equipment offers a complete array of specialized asset disposition services including liquidation of entire manufacturing facilities, auctions, purchases of production lines and single machines, consignments, appraisals and more.</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Matt Hicks<br />Federal Equipment Company<br />Telephone: 800-652-2466<br />Email: <a rel="nofollow" href="http://www.releasewire.com/press-releases/contact/110300">Click to Email Matt Hicks</a><br />Web: <a rel="nofollow" href="http://www.fedequip.com">http://www.fedequip.com</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=110300&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Tue, 11 Oct 2011 11:00:00 -0500</pubDate>
      <media:content url="http://media.releasewire.com/photos/show/?id=77" medium="image"/>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
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      <title>As Manufacturing Ramps Up, Demand is at Record Levels for Used Pharmaceutical Processing Equipment</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Cleveland, OH -- (<a rel="nofollow" href="http://www.releasewire.com/">ReleaseWire</a>) -- 07/13/2011 --  There is more money being spent today on <a class="extlink"  target="_blank"  rel="nofollow noopener" title="used pharmaceutical equipment" href="http://www.fedequip.com/Industries/16/Pharmaceutical-equipment.aspx">used pharmaceutical equipment</a> than ever before. This shouldn&apos;t surprise anyone, since saving both time and money is imperative in today&apos;s global marketplace. Pharmaceutical technology is constructed to be useful for years, and with regular preventative maintenance will produce for decades. <br />
<br />
As a growing segment of the pharmaceutical industries explore the used equipment market, they become more familiar with the buying and selling opportunities of employing used equipment. Numerous companies start buying <a class="extlink"  target="_blank"  rel="nofollow noopener" title="used equipment" href="http://www.fedequip.com/Industries/16/Pharmaceutical-equipment.aspx">used equipment</a> to save money and then they discover the delivery window for used equipment is considerably faster then the purchasing cycles for new equipment. This leads to less down time and new production facilities can ramp up faster.  Not to mention that used pharmaceutical equipment is typically 20-50% of new replacement costs.  This leads to major bottom line profits and efficiencies that are hard to beat for manufactures in the pharmaceutical industries. <br />
<br />
"Manufacturers are ramping up their operations after nearly three years in the doldrums", says Chris Camp, Director of Marketing at Federal Equipment Company, Cleveland, OH, a leading provider of used pharmaceutical equipment. Camp noted "manufacturers are making the used equipment sector a real &apos;bottom line&apos; resource to increase their profits."<br />
<br />
Camp went on to say that "the recession hit the pharmaceutical manufacturing sector hard, and it was a real challenge for Federal Equipment to reach their sales goals in during 2008 and 2009." Camp notes that 2010 and the beginning of 2011 are showing marked improvements in sales, as manufacturers are aggressively ramping up production again." Camp also states "Federal Equipment&apos;s stock is flying out of our warehouses to locations all over the world. We are selling at a rapid pace, in fact, we are in a major equipment buying cycle to try and keep up with our customer&apos;s demands."   <br />
<br />
Underscoring that point, Adam Covitt, Vice President at Federal Equipment, and a 20-year veteran in the <a class="extlink"  target="_blank"  rel="nofollow noopener" title="used equipment" href="http://www.fedequip.com/Industries/16/Pharmaceutical-equipment.aspx">used equipment</a> business noted "we are looking to make fast cash acquisitions of quality pharmaceutical process equipment, be it a single piece, a complete process line or an even an entire manufacturing facility. We are urgently seeking inventory to properly serve our clients."  Mr. Covitt went on to say that "the recent surge in used pharmaceutical equipment demand, such as tablet presses, fluid bed dryers, granulators, etc., has increased Federal Equipment&apos;s buying activity to historic levels for the company, making it an opportune time for sellers to get top dollar for their idle pharmaceutical equipment." <br />
<br />
About Federal Equipment<br />
Federal Equipment Company is a top supplier of used pharmaceutical process and packaging machinery. We have more then 15,000 pieces of equipment in stock and ready to ship. Our extensive pharmaceutical equipment buying and selling experience, purchasing power, and global marketing reach, produce exceptional results for our clients. Federal Equipment&apos;s intellectual capital, gained from unparalleled experience in the pharmaceutical manufacturing sectors, allows our clients to take advantage of worldwide asset disposition solutions, regardless of the size, location or complexity of the project. We consistently provide value-added strategies to advance our client&apos;s investment recovery goals. Using industry best practices, we provide customized solutions that maximize profitability.<br />
<br />
Our strategic relationships with top pharmaceutical manufactures such as <a class="extlink"  target="_blank"  rel="nofollow noopener" title="Pfizer Inc" href="http://www.fedequip.com/Industries/16/Pharmaceutical-equipment.aspx">Pfizer Inc</a>., provide us with an exceptional stock of the finest used process equipment on the market today.</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Chris Camp<br />Director of Marketing<br />Federal Equipment Company<br />Telephone: 800-652-2466<br />Email: <a rel="nofollow" href="http://www.releasewire.com/press-releases/contact/100260">Click to Email Chris Camp</a><br />Web: <a rel="nofollow" href="http://www.fedequip.com">http://www.fedequip.com</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=100260&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Wed, 13 Jul 2011 09:15:00 -0500</pubDate>
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      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
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      <title>As Manufacturing Ramps Up, Demand is at Record Levels for Used Chemical Processing Equipment</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Cleveland, OH -- (<a rel="nofollow" href="http://www.releasewire.com/">ReleaseWire</a>) -- 07/12/2011 --  There is more money being spent today on <a class="extlink"  target="_blank"  rel="nofollow noopener" title="used chemical equipment" href="http://www.fedequip.com/Industries/17/Chemical-equipment.aspx">used chemical equipment</a> than ever before. This shouldn&apos;t surprise anyone, since saving both time and money is imperative in today&apos;s global marketplace. Chemical equipment technology is constructed to be useful for years, and with regular preventative maintenance will produce for decades. <br />
<br />
As a growing segment of the chemical industries explore the used equipment market, they become more familiar with both the buying and selling opportunities of employing used equipment. Numerous companies start buying used equipment to save money. Then they discover the delivery window for used equipment is considerably faster then the purchasing cycles for new equipment. This leads to less down time and new production facilities can ramp up faster.  Not to mention used equipment cost is 20-50% of new equipment replacement costs. All of which leads to significant bottom line profits and efficiencies that are hard to beat for manufactures in the chemical industries. <br />
<br />
"Manufacturers are ramping up their operations after nearly three years in the doldrums", says Chris Camp, Director of Marketing at Federal Equipment Company, Cleveland, OH, a leading provider of <a class="extlink"  target="_blank"  rel="nofollow noopener" title="used equipment" href="http://www.fedequip.com/Industries/17/Chemical-equipment.aspx">used equipment</a>. Camp noted "manufacturers are making the used equipment sector a real &apos;bottom line&apos; resource to increase their profits."<br />
<br />
Camp went on to say "the recession hit the chemical manufacturing sector hard, and it was a real challenge for Federal Equipment&apos;s sales team to make their sales goals during 2008 and 2009." Camp notes that 2010 and the beginning of 2011 are showing marked improvement in sales, as manufacturers are aggressively ramping up production again." Camp also stated "Federal Equipment&apos;s stock is flying out of our warehouses to locations all over the world. We are selling at a rapid pace, in fact, we are in a major equipment buying cycle to try and keep up with our customer&apos;s demands."   <br />
<br />
Underscoring that point, Ted Davis, Vice President at Federal Equipment, and a 20-year veteran in the <a class="extlink"  target="_blank"  rel="nofollow noopener" title="used equipment" href="http://www.fedequip.com/Industries/17/Chemical-equipment.aspx">used equipment</a> business noted, "we are looking to make fast cash acquisitions of quality process equipment, be it a single piece, a complete process line or an even an entire manufacturing facility. We are urgently seeking inventory to properly serve our clients."  Mr. Davis went on to say "the recent surge in used chemical equipment demand, such as tanks, reactors, heat exchangers, and centrifuges, has increased Federal Equipment&apos;s buying activity to historic levels for the company, making it an opportune time for sellers to get top dollar for their idle equipment." <br />
<br />
About Federal Equipment Company<br />
Federal Equipment Company is a top supplier of used chemical process machinery. We have more then 15,000 pieces of equipment in stock and ready to ship. Our extensive chemical equipment buying and selling experience, purchasing power, and global marketing reach, produce exceptional results for our clients. Federal Equipment&apos;s intellectual capital, gained from unparalleled experience in the chemical manufacturing sectors, allows our clients to take advantage of worldwide asset disposition solutions, regardless of the size, location or complexity of the project. We consistently provide value-added strategies to advance our client&apos;s investment recovery goals. Using industry best practices, we provide customized solutions that maximize profitability.</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Chris Camp<br />Director of Marketing<br />Federal Equipment Company<br />Telephone: 800-652-2466<br />Email: <a rel="nofollow" href="http://www.releasewire.com/press-releases/contact/100103">Click to Email Chris Camp</a><br />Web: <a rel="nofollow" href="http://www.fedequip.com">http://www.fedequip.com</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=100103&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Tue, 12 Jul 2011 10:22:40 -0500</pubDate>
      <media:content url="http://media.releasewire.com/photos/show/?id=77" medium="image"/>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
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      <title>As Manufacturing Ramps Up, Demand for Used Plastics Processing Equipment is at Record Levels</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Cleveland, OH -- (<a rel="nofollow" href="http://www.releasewire.com/">ReleaseWire</a>) -- 07/11/2011 --  More money being spent today on <a class="extlink"  target="_blank"  rel="nofollow noopener" title="used plastics equipment" href="http://www.fedequip.com/Industries/12/Plastic-equipment.aspx">used plastics equipment</a> than ever before. This shouldn&apos;t surprise anyone, since saving both time and money is imperative in today&apos;s global marketplace. Plastic&apos;s technology is constructed to be useful for years, and with regular preventative maintenance will produce for decades. <br />
<br />
As a growing segment of the plastics and rubber industries explore the used equipment market, they become more familiar with the buying and selling opportunities of employing used equipment. Numerous companies start buying used equipment to save money and then they discover the delivery window for used equipment is considerably faster then the purchasing cycles for new equipment. This leads to less down time, and new production facilities can ramp up faster.   Typically, used equipment costs are 20-50% that of new equipment. All of which leads to major bottom line profits and efficiencies that are hard to beat for manufactures in the plastics and rubber industries. <br />
<br />
"Manufacturers are ramping up their operations after nearly three years in the doldrums", says Chris Camp, Director of Marketing at Federal Equipment Company, Cleveland, OH, a leading provider of <a class="extlink"  target="_blank"  rel="nofollow noopener" title="used plastics equipment" href="http://www.fedequip.com/Industries/12/Plastic-equipment.aspx">used plastics equipment</a>. Camp notedthat "manufacturers are making the used equipment sector a real &apos;bottom line&apos; resource to increase their profits."<br />
<br />
Camp went on to say that "the recession hit the plastics and rubber manufacturing sector extremely hard, and it was a real challenge for Federal Equipment&apos;s sales team to make their sales goals during 2008 and 2009." Camp notes that 2010 and the beginning of 2011 are showing marked improvements in sales, as manufacturers are aggressively ramping up production again." Camp also says that "Federal Equipment&apos;s stock is flying out of our warehouses to locations all over the world. We are selling at a rapid pace, in fact, we are in a major equipment buying cycle to try and keep up with our customer&apos;s demands."   <br />
<br />
Underscoring that point, Vice President of Plastics and Rubber at Federal Equipment, Ted Davis, a 20-year veteran in the plastics and rubber industries noted "we are looking to make fast cash acquisitions of quality process equipment, be it a single piece, a complete process line or an even an entire manufacturing facility. We are urgently seeking inventory to properly serve our clients."  Mr. Davis went on to say that "the recent surge in demand for extruder and ancillary equipment has increased Federal Equipment&apos;s buying activity to historic levels for the company, making it an opportune time for sellers to get top dollar for their idle equipment." <br />
<br />
About Federal Equipment Company<br />
Federal Equipment Company is a top supplier of plastics process machinery. We have more then 15,000 pieces of equipment in stock and ready to ship. Our extensive plastics and rubber buying and selling experience, purchasing power, and global marketing reach, produce exceptional results for our clients. Federal Equipment&apos;s intellectual capital, gained from unparalleled experience in the plastics and rubber sectors, allows our clients to take advantage of worldwide asset disposition solutions, regardless of the size, location or complexity of the project. We consistently provide value-added strategies to advance our client&apos;s investment recovery goals. Using industry best practices, we provide customized solutions that maximize profitability.</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Chris Camp<br />Director of Marketing<br />Federal Equipment Company<br />Telephone: 800-652-2466<br />Email: <a rel="nofollow" href="http://www.releasewire.com/press-releases/contact/99977">Click to Email Chris Camp</a><br />Web: <a rel="nofollow" href="http://www.fedequip.com">http://www.fedequip.com</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=99977&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Mon, 11 Jul 2011 11:25:41 -0500</pubDate>
      <media:content url="http://media.releasewire.com/photos/show/?id=77" medium="image"/>
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      <title>Leading Used Process Equipment Supplier, Federal Equipment Company, Launches New Website</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p class="subheadline">Enhanced Resources on Fedequip.com Include Industry Specific Portals, Streaming Media, Enhanced Photo Browsing for Equipment Inspections, and a Robust, Intuitive Search Engine</p><p>Cleveland, OH -- (<a rel="nofollow" href="http://www.releasewire.com/">ReleaseWire</a>) -- 03/04/2011 --   The newly redesigned Website of the Federal Equipment Company goes live today on the World Wide Web. Fedequip.com <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://fedequip.com/" href="http://fedequip.com/">http://fedequip.com/</a> aims to extend the reach of all their used processing equipment services by helping a broad audience of manufacturers in the process and packaging industries. Whether a client wants to buy, sell, or take advantage of Federal Equipment&apos;s sourcing and investment recovery services, the new Website will provide vast resources and assistance. The new Website features expanded content and streaming media, including over 15,000 machines now in stock, and their accompanying 150,000+ photos. The redesign incorporates sleek graphics and completely new navigational tools to enhance searching and customer engagement.<br />
<br />
"Our online visitors will now experience a more vibrant and seamless view of the entire Federal Equipment experience, and our deep online resources," says Christopher Camp, Marketing Director for Federal Equipment. "As our renovated pharmaceutical and packaging warehouses contain all of our finest used process equipment in a physical space, the redesign of the <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://fedequip.com/" href="http://fedequip.com/">http://fedequip.com/</a> Website creates a new virtual home for the wide-ranging processing equipment and resources our company offers. And it&apos;s an open house--we&apos;ve streamlined access to our "online warehouse", making virtual visits to Federal Equipment more efficient, productive and informative than ever."<br />
<br />
The Content is Deeper and More Accessible<br />
<br />
The site is organized to provide quick and direct access to all of our resources for all manufacturing audiences. Our new homepage delivers direct access to the major industry portals we serve: pharmaceutical, packaging, chemical, and plastics. In addition to the industry-specific portal sections, we display a complete equipment category list on the homepage, making it easy to drill down to find the exact piece of equipment you need. Additionally, if a user is not sure exactly where to look for specific information, the newly developed robust search engine will help to organize searches by broad categories, specific subcategories, manufacturer, and size or specifications of the machine you need. <br />
<br />
The "Investment Recovery" section explains Federal Equipment&apos;s asset disposition services, and the global presence it offers to clients. Camp noted, "Federal Equipment&apos;s intellectual capital, gained from unparalleled experience in the pharmaceutical sector, enables Federal&apos;s clients to take advantage of worldwide asset disposition solutions, regardless of the size, location or complexity of the project." He also noted "this is a fast growing part of our business, and we are very pleased to serve major clients like Pfizer Inc. Federal Equipment&apos;s goal is to consistently provide profitable strategies to advance our client&apos;s asset disposition goals. This is accomplished by applying industry best practices to the specific goals of our clients, leading to customized solutions for maximum profitability.  We wanted those services to be explained in great detail on our new Website." <br />
<br />
Federal Equipment&apos;s online resources are as diverse as the global visitors who use them. Access the new Federal Equipment Website can be found at <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://fedequip.com/" href="http://fedequip.com/">http://fedequip.com/</a>.<br />
</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Christopher Camp<br />Federal Equipment Company<br />Telephone: 800-652-2466<br />Email: <a rel="nofollow" href="http://www.releasewire.com/press-releases/contact/82366">Click to Email Christopher Camp</a><br />Web: <a rel="nofollow" href="http://www.fedequip.com">http://www.fedequip.com</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=82366&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Fri, 04 Mar 2011 09:08:48 -0600</pubDate>
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      <title>Federal Equipment Company Liquidates Chemical Intermediates Plant in Groton, CT</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p class="subheadline">This chemical intermediates facility liquidation includes the sale of modern active chemical ingredients processing machinery.</p><p>Cleveland, OH -- (<a rel="nofollow" href="http://www.releasewire.com/">ReleaseWire</a>) -- 06/17/2008 --   Federal Equipment Company, Inc, a leading global supplier of quality used equipment for the pharmaceutical, chemical, and plastics industries, today announced the on-site liquidation of a chemical intermediates manufacturing facility located in Waltham, MA. This chemical intermediates facility liquidation includes the sale of modern active chemical ingredients processing machinery. This liquidation includes the sale of hastelloy, stainless steel and glass-lined reactors, filter dryers, heat exchangers, centrifuges, tanks, and other related chemical manufacturing equipment.<br />
<br />
About Federal Equipment Company: For more than 50 years, Federal Equipment Company has been a trusted name in the processing equipment industry. As one of the world&apos;s top suppliers, Federal Equipment provides quality used equipment, a variety of investment recovery services, and competitive prices to meet the needs of the Chemical, chemical, plastics, and related process industries. Federal Equipments stock of over 15,000 pieces of equipment, housed on over 400,000 square feet of covered warehouse space, making them one of the largest under-crane suppliers of used process and packaging equipment in the world. Centrally located in Cleveland, OH U.S.A., Federal buys, sells, and transports equipment globally. <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.fedequip.com" href="http://www.fedequip.com">http://www.fedequip.com</a> <br />
</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Chris Camp<br />Marketing Director<br />Federal Equipment Company<br />Telephone: 800.652.2466<br />Email: <a rel="nofollow" href="http://www.releasewire.com/press-releases/contact/18934">Click to Email Chris Camp</a><br />Web: <a rel="nofollow" href="http://www.fedequip.com">http://www.fedequip.com</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=18934&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Tue, 17 Jun 2008 13:12:11 -0500</pubDate>
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      <title>Federal Equipment Company Liquidates Pfizer Plant in Groton, CT</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p class="subheadline">The Pfizer facility liquidation includes the sale of modern API processing machinery</p><p>Cleveland, OH -- (<a rel="nofollow" href="http://www.releasewire.com/">ReleaseWire</a>) -- 05/13/2008 --   Federal Equipment Company, Inc, a leading global supplier of quality used equipment for the pharmaceutical, chemical, and plastics industries, today announced the on-site liquidation of a Pfizer manufacturing facility located in Groton, CT. This Pfizer facility liquidation includes the sale of modern active pharmaceutical ingredients (API) processing machinery. This liquidation includes the sale of hastelloy, stainless steel and glass-lined reactors, filter dryers, heat exchangers, centrifuges, tanks, and other related API manufacturing equipment.<br />
<br />
About Federal Equipment Company: For more than 50 years, Federal Equipment Company has been a trusted name in the processing equipment industry. As one of the world&apos;s top suppliers, Federal Equipment provides quality used equipment, a variety of investment recovery services, and competitive prices to meet the needs of the pharmaceutical, chemical, plastics, and related process industries. Federal Equipments stock of over 15,000 pieces of equipment, housed on over 400,000 square feet of covered warehouse space, making them one of the largest under-crane suppliers of used process and packaging equipment in the world. Centrally located in Cleveland, OH U.S.A., Federal buys, sells, and transports equipment globally. <br />
<br />
Full liquidation inventory is available at <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.fedequip.com/Specials.aspx?AdID=18&amp;mt=pressrelease" href="http://www.fedequip.com/Specials.aspx?AdID=18&amp;mt=pressrelease">http://www.fedequip.com/Specials.aspx?AdID=18&amp;mt=pressrelease</a><br />
</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Chris Camp<br />Marketing Director<br />Federal Equipment Company<br />Telephone: 800.652.2466<br />Email: <a rel="nofollow" href="http://www.releasewire.com/press-releases/contact/18015">Click to Email Chris Camp</a><br />Web: <a rel="nofollow" href="http://www.fedequip.com">http://www.fedequip.com</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=18015&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Tue, 13 May 2008 11:07:23 -0500</pubDate>
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      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
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      <title>Federal Equipment Company Finds Success in The High-Growth Latin American Market</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p class="subheadline">Federal Equipment Co., a leading global provider of used equipment for the pharmaceutical, chemical, and plastics industries, today announced the third anniversary of its branch office in Uruguay. </p><p>Cleveland, OH -- (<a rel="nofollow" href="http://www.releasewire.com/">ReleaseWire</a>) -- 12/14/2007 --   Located in Montevideo, Uruguay, the office intensifies the company&apos;s existing presence in the Latin American region. Federal Equipment Company offers its global customers high quality used equipment, and a variety of investment recovery services.  Federal Equipment&apos;s services include the buying and selling of single machines, equipment lines, and entire manufacturing plants, along with support services such as transportation logistics, rigging and demolition.  Federal Equipment Company&apos;s "exact fit" solutions help businesses manage and integrate all points of the investment recovery process. <br />
<br />
"Federal Equipment is experiencing exceptional growth throughout the world and is one of the fastest growing companies in the used process equipment market," said Michael Kadis, Federal Equipment&apos;s president and CEO. "Our exceptional success in Montivideo allows us to more effectively utilize the talents of local sales professionals who have a specific skill set that matches our developments needs in that region, helping us fulfill our mission of creating cutting edge solutions for our customers." <br />
<br />
Adam Covitt, Vice President of Sales for Federal Equipment stated, "Our expansion into the Latin American market is all about growth – both ours and our customers. For years, we have been successfully selling to countries in Latin America. Now as part of our overall global growth strategy, the addition and success of our office in Uruguay means the delivery of additional services and support to our customers in this region. We are very excited about continuing our investment in Mexico, Central, and South America."<br />
<br />
Federal Equipment Company Latin America is located at Yaguaron 1407, Suite 1207, 61112 Montevideo, Uruguay. Federal Equipment Latin America&apos;s Director of Operations, Mr. Gustavo Berenfus can be contacted at by telephone at Uruguay -011 (5982) 903 0111, Argentina - 4<br />
21 4531, Brazil – (00 55 11) 5644 1038.<br />
</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Chris Camp<br />Marketing Director<br />Federal Equipment Company<br />Telephone: 216.271.3500<br />Email: <a rel="nofollow" href="http://www.releasewire.com/press-releases/contact/15123">Click to Email Chris Camp</a><br />Web: <a rel="nofollow" href="http://www.fedequip.com">http://www.fedequip.com</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=15123&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Fri, 14 Dec 2007 13:49:04 -0600</pubDate>
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      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
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      <title>Federal Equipment Company Expands Global Presence with New Office in Hyderabad, India</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Cleveland, OH and Hyderabad, India -- (<a rel="nofollow" href="http://www.releasewire.com/">ReleaseWire</a>) -- 11/14/2007 --   Federal Equipment Company, Inc., a leading global provider of used equipment for the pharmaceutical, chemical, and plastics industries, today announced the opening of an office in India to provide further support for Federal Equipment Company&apos;s global customers.<br />
<br />
Located in Hyderabad, India, the new office intensifies the company&apos;s existing presence in the Asia Pacific region. Federal Equipment Company offers its global customers high quality used equipment, and a variety of investment recovery services.  Federal Equipment&apos;s services include the buying and selling of single machines, equipment lines, and entire manufacturing plants, along with support services such as transportation logistics, rigging and demolition.  Federal Equipment Company&apos;s "exact fit" solutions help businesses manage and integrate all points of the investment recovery process. <br />
<br />
"Federal Equipment is experiencing exceptional growth throughout the world and is one of the fastest growing companies in the used process equipment market," said Michael Kadis, Federal Equipment&apos;s president and CEO. "Our new offices in Hyderabad will allow us to more effectively utilize the talents of local sales professionals who have a specific skill set that matches our developments needs, helping us fulfill our mission of creating cutting edge solutions for our customers." <br />
<br />
Adam Covitt, Vice President of Sales for Federal Equipment stated, "Our expansion into India is all about growth – both ours and our customers. For years, we have been successfully selling to India. Now as part of our overall global growth strategy, the addition of our India office means the delivery of additional services and support to our customers."<br />
<br />
Federal Equipment Company India is located at 102 Greenland Apartments, Ameerpet, Hyderabad 500 016, India. Federal Equipment India&apos;s manger of operation in India, Mr.Lohit B.R. can be contacted at by telephone at +91-40-3247 6681 and via fax at +91-40-2340 2229  <br />
</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Chris Camp<br />Marketing Director<br />Federal Equipment Company<br />Telephone: 800.652.2466<br />Email: <a rel="nofollow" href="http://www.releasewire.com/press-releases/contact/14678">Click to Email Chris Camp</a><br />Web: <a rel="nofollow" href="http://www.fedequip.com">http://www.fedequip.com</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=14678&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Wed, 14 Nov 2007 10:22:15 -0600</pubDate>
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      <title>Federal Equipment Company Promotes Ted Davis to Vice President</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Cleveland, OH -- (<a rel="nofollow" href="http://www.releasewire.com/">ReleaseWire</a>) -- 10/10/2007 --   Federal Equipment Company has named Ted Davis as Vice President of its plastics division. Davis brings a proven track record of developing, implementing and managing effective sales strategies for complex plastics manufacturing equipment. <br />
<br />
"We consider ourselves fortunate to have Ted Davis in this new leadership role at Federal" said President, Michael Kadis. "Federal has exhibited continuous sales growth, and Ted has been a significant factor in that growth. We expect he will help lead Federal&apos;s plastics division to new heights, and we are delighted to promote someone of Ted&apos;s caliber for this important new executive role.  Ted&apos;s global sales experience coupled with an intimate knowledge of the plastics industry landscape makes him ideally suited to drive Federal&apos;s growth agenda."<br />
<br />
Mr. Davis brings more than 16 years of plastics manufacturing, management and sales experience to his new role. Having worked at Shell Chemical Company and M &amp; G Polymers USA, LLC, Davis served as Research Operations and Facility Manager and was also responsible for process design projects. Mr. Davis&apos; tenure at Federal equipment as a sales manager has included leading the plastics division&apos;s double digit growth over the past decade, and its international expansion into Europe and Asia.<br />
<br />
"Federal Equipment is an exciting company with a tremendous upside," Davis said. "The company offers the one of best in-house stock of used plastics equipment in the industry, and displays a level of customer care that&apos;s rare in the used processing equipment industry. Moreover, Federal&apos;s wealth of experience, from the top down, means we have a coherent sales strategy that allows us to serve our existing customers and partners well, while penetrating new and emerging markets as they develop worldwide.<br />
<br />
About Federal Equipment Company: For more than 50 years, Federal Equipment Company has been a trusted name in the processing equipment industry. As one of the world&apos;s top suppliers, Federal Equipment provides quality used equipment, a variety of investment recovery services, and competitive prices to meet the needs of the pharmaceutical, chemical, plastics, and related process industries. Federal Equipments stock of over 15,000 pieces of equipment, housed on over 400,000 square feet of covered warehouse space, making them one of the largest under-crane suppliers of used process and packaging equipment in the world. Centrally located in Cleveland, OH U.S.A., Federal buys, sells, and transports equipment globally. <br />
</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Chris Camp<br />Marketing Director<br />Federal Equipment Company<br />Telephone: 216.271.3500<br />Email: <a rel="nofollow" href="http://www.releasewire.com/press-releases/contact/14121">Click to Email Chris Camp</a><br />Web: <a rel="nofollow" href="http://www.fedequip.com">http://www.fedequip.com</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=14121&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Wed, 10 Oct 2007 11:20:39 -0500</pubDate>
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