Top Five Machine Tool Lenders Account for 33.7% of May Total

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Statistical data for the machine tool equipment market provided by EDA showed the top 20 lenders in the segment, in the aggregate, filed financing statements covering a total of 519 new machine tool related filings during the month of May 2018.

The top five lenders, in units, included:

  • DMG MORI USA (38)
  • Methods Machine Tools (38)
  • Gosiger Machine Tools (35)
  • Amada America (32)
  • US Bank Equipment Finance (31)

The top five accounted for 33.7% of the total, or 175 units. The top lenders, DMG MORI USA and Methods Machine Tools, combined to account for a 14.6% share of the total.

The top five machine tool equipment buyers (location/brands/filings) included:

  • Nifco America (Ohio/Toshiba/18)
  • Mukwonago Area School District (Wisconsin/Lagun, Sharp/11)
  • Technimark (North Carolina/Milacron, Arburg, Engel/7)
  • LAI International (Arizona/Agie-Charmille, Feeler/5)
  • Rexnord Corp (Illinois/DMG MORI/5)

The EDA IndustryInsight trend charts provide monthly statistical data on UCC financing activity in the U.S. for sale and lease transactions of equipment.

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Terry Mulreany
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