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 561 new machine tool related filings during the month of March 2018.

The top five lenders, in units, included:

• Banterra Bank (48)
• Machinery Finance Resources (45)
• Engel Machinery (42)
• Amada America (41)
• DMG MORI (37)

The top five accounted for roughly 38% of the total, or 213 units. The top lender, Banterra Bank, accounted for an 8.6% share of the total.

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

• Sterilite (Massachusetts/Engel/14)
• Sussek Machine Company (Wisconsin/DMG MORI, Doosan/11)
• Pace Industries (Arkansas/Takisawa, Brother/10)
• Phillips Plastics (Wisconsin/Netstal, Toyo/8)
• Stewart Manufacturing (Michigan/Brother/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.