Top Five Machine Tool Lenders Account for 42.6% of November 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 481 new machine tool related filings during the month of November 2017.

The top five lenders, in units, included:

  • CNC Associates (73)
  • Banterra Bank (39)
  • DMG MORI USA (32)
  • Ellison Tech (32)
  • Hartwig (30)

The top five accounted for 42.6% of the total, or 205 units. The top lender, CNG Associates, accounted for a 15% share of the total.

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

  • Kennametal (Pennsylvania/Okuma/16)
  • TE Connectivity (Pennsylvania/Milacron/Nine)
  • Aerofit (California/Takisawa and Okuma/Eight)
  • C&C Machine Tool (Minnesota/Sharp/Eight)
  • FMI Holdings (Texas/Tsugami/Eight)


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Terry Mulreany
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