EquipNet

EquipNet, founded in 1999, is revolutionizing the management of surplus equipment for global manufacturers. With the slogan "Revolutionizing the way companies manage their surplus equipment," the company specializes in industries such as pharmaceuticals, biotech, chemical, semiconductor, aerospace, automotive, and consumer packaged goods. Their Equipment Sustainability Programs extend the useful life of machinery, contributing to positive corporate citizenship and substantial cost avoidance. The proprietary Asset Management System (ARMS) is a web-based tracking software that not only monitors idle equipment enterprise-wide but also measures landfill avoidance on a global scale. The latest noteworthy development is a $3.60M Series A investment from Netinvest, Eastman Chemical Company, Mercator Ventures, Orchard Global, and Dexia on 28 March 2001. This investment signifies a vote of confidence in EquipNet's innovative approach to enhancing sustainability and asset management across industries, particularly in the biotechnology, industrial, and semiconductor sectors. The United States-based company's ability to attract diverse and established investors highlights its potential for impacting global manufacturing practices.