Top Five Machine Tool Lenders Account for 36% of April Total



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 700 new machine tool related filings during the month of April 2018.

The top five lenders, in units, included:

  • Amada America (73)
  • Engel Machinery (48)
  • Gosiger Machine Tools (47)
  • DMG MORI USA (42)
  • Banterra Bank (42)

The top five accounted for 36% of the total, or 252 units. The top lender, Amada America, accounted for a 10.4% share of the total.

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

  • Sterilite (Massachusetts/Engel/29)
  • Flex N Gate (Illinois/Engel/8)
  • LAI International (Arizona/Feeler, Fanuc, Kiwa /8)
  • Viper New (Oregon/Hurco, Haas, DMG MORI, SWI/7)
  • Busche Performance Group (Indiana/Okuma/7)

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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