The terrible truth about acquiring precision machine tools – How to avoid the horror stories

Many people involved in the machine tools trade will tell you in grim and graphic terms that when you’re buying tools like manual lathes, engine lathes, milling machines - Look out. They’re speaking from experience. The fact is that there is now a serious generational and quality gap in technology affecting machine tools.

As a person in the trade, you will be well aware that performance, capabilities, and efficiencies are the absolute bottom line in your business. Your quality and precision standards of equipment define your business. The problem is that not all machines are equal or anything like it, and an acquisition stage, you really do need to be extremely demanding before spending a cent.

The horror stories are real enough. For example:

·         Company A decide to buy new equipment. This is an upgrade, and they basically replace their existing machines with newer models. There are a few new features and the machinery looks very nice. That, sadly, is about all that can be said about Company A’s acquisitions.

·         Company B does almost the exact opposite. They think strategically; they plan out their acquisition in direct relation to business capabilities, building in extra service capacity, higher quality standards, and a great deal of operational flexibility. They effectively increase their range of operations as well.

You’re in the business – You don’t need to be told what happens next. Company A has bought itself a place in a museum. They didn’t plan ahead, and in competition with Company B, they are quite literally history.

Company A simply cannot offer the same range of services or quality as Company B. It’s more than likely that they can’t even offer competitive prices for what they can do, simply because of their self-limited capacity. By any standards, it’s a pretty expensive horror story.

The good news for American businesses is that a company called Ganesh Machinery is a virtual exhibition showroom of the very latest and best equipment available. Forget “three quotes”; this company has a comprehensive range of machine tools across the entire industrial spectrum.

Before you even think about spending a single dollar on your acquisitions, check out their website here at http://www.ganeshmachinery.com/. Talk to the experts, tell them what you want, and let Stephen King do the horror stories for you.