Top Five Machine Tool Lenders Account for 45.2% of September 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 376 new machine tool related filings during the month of September 2017.

The top five lenders, in units, included:

  • CNC Associates (63)
  • CG Machinery (33)
  • Yamazen (26)
  • Ellison Tech (25)
  • Banterra Bank (23)

The top five accounted for 45.2% of the total, or 170 units. The top lender, CNG Associates, accounted for a 16.8% share of the total.

The top five machine tool buyers included:

  • T&S Machines & Tools, Gainesville, TX
  • Nifco America, Canal Winchester, OH
  • Norwood Medical, Dayton, OH
  • Northeast Wisconsin Tech College, Green Bay, WI
  • Delta Yimin Technologies, Union City, CA


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Terry Mulreany
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