By Matt Hicks, Chief Operating Officer and General Counsel, Federal Equipment Company
Selling or disposing of surplus and unused pharmaceutical manufacturing and pharmaceutical packaging equipment can provide cash to your business from otherwise idled “assets.” That cash can be used for operations or new capital projects. Continued storage of that equipment costs your company money. Selling idled equipment can also generate significant cost savings opportunities for your business.
Here are five cost saving opportunities beyond cash generation that can be obtained by selling your excess capital equipment.