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September 17, 2012
by EquipNet News
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Edible Food Packaging: A New Trend?

We recently called our readers’ attention to a Massachusetts-based company that is packaging food in edible containers with flavors that complement the food inside. If you follow us on Twitter, you saw another article we linked to in Food Production Daily about scientists experimenting with using trout skin to manufacture another type of edible packaging. Could two similar pieces in the news so close together point to a trend?

Researchers in Seoul extracted gelatin from trout skin, which typically is discarded during fish processing, and turned it into a type of flavorless, stretchy food packaging that could provide people with a source of protein.

There is a lot of waste in the fishing industry. Many fish are pulled from the ocean every day, and much of the fish, like bones, skin, and organs, goes to waste in fish processing. By turning the fish skin into a new type of food packaging, the fish processing waste can be minimized. This technology is wonderful for the environment, and might alleviate the concerns of some people who think animal processing is too wasteful. Vegetarians should read labels with care, however, if this product gets to market.

The innovations in food packaging make this an exciting time to be involved in the industry. If your company is involved in food production or packaging, either traditional or cutting-edge, and need help selling equipment, purchasing pre-owned equipment, or managing the equipment you have, contact us to discuss how we can help.

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September 12, 2012
by Julie Baker
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The Newest and Quickest Way to Break Down Food Packaging Is Digestion

We\’ve written a lot lately about alternative forms of packaging designed to break down more quickly than traditional forms. In the news this week wa

s another form of alternative food packaging — the edible kind. There\’s a company in our home state of Massachusetts, WikiCells, that received financing last week to begin testing its edible food packaging. Its

packaging is made of seed, nut, chocolate, and fruit particles, held together with calcium. If consumers choose to throw the packaging away, it biodegrades quickly, but if they choose to eat it, the packaging is designed to complement the food inside. For example, the company has tested ice cream held in fudge packaging, yogurt held in strawberry packaging, and orange juice held in orange packaging. Read more about the company and its plans here.

We have high hopes for this new product both because it could dramatically change the way we interact with our food and because it’s good for the environment. However, not every new product tested makes it to market. Much like pharmaceutical companies, when labs testing new food products have to close, sales must happen quickly. If you find yourself in this situation with your company, contact EquipNet to discuss how we can help.

WikiCells, we’re excited for you and your new product and are dreaming about all the things that could be packaged in fudge.

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September 12, 2012
by Julie Baker
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PwC Reports U.S. Manufacturing Domestic Re-Shoring Due to a Number of Factors and May Lead to Job Growth

The resurgence in the U.S. manufacturing’s re-shoring domestically has mainly been attributed to rising labor costs in markets such as China, but a report released by PwC US, “A Homecoming fo

r U.S. Manufacturing?”, argues that there a number of other contributing factors, including transportation costs, energy costs, and protecting the supply chain. And, the report asserts that this re-shoring shift could drive a sustained manufacturing renaissance in the U.S., potentially improving investment, employment, production output, and research and development. PwC’s new report identifies seven factors as the primary catalysts influencing manufacturers’ decisions to establish production facilities domestically and produce products closer to their major customer bases, including:

  • Transportation and Energy Costs
  • Currency Fluctuations
  • U.S. Market Demand
  • U.S. Talent
  • Availability of Capital
  • Tax and Regulatory Climate
  • U.S. Labor Costs

These seven factors that may play key roles in making re-shoring decisions, may also help determine whether or not the U.S. will become a more competitive and attractive market for manufacturing expansion.

“Industrial manufacturers may increasingly rethink their U.S. strategies, including the merits of continuing to separate production and R&D and producing abroad and importing back to U.S. buyers.  Depending on the industry, there may be considerable benefits to establishing regionalized supply chains and R&D facilities in the U.S., such as reducing costs, shortening lead times, protecting intellectual property and mitigating many of the risk factors inherent in developing markets.”

Of course, there are greater advantages of relocating manufacturing production in the U.S. for some industries more than others.

The PwC report shows that chemicals, primary metals, and heavy equipment manufacturing industries will gain the most from maintaining or expanding facilities in the U.S. given opportunities and cost incentives to re-shore domestically, taking into account labor, materials, transportation, and energy costs. The report also notes that localizing production can mitigate supply-chain disruptions, which totaled $2.2 billion in financial impact for U.S. industrial products companies in 2011.

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September 10, 2012
by Julie Baker
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Auto Progressive Bids Have Nothing to Do With Automobiles

Ah, EquipNet. Another day, another exciting auction. We know that some of you like to be right in the thick of things, bidding and outbidding each other until the very last second. It is pretty exhilarating.

But for those of you “set it and forget it” types, EquipNet has auto progressive bids. In essence, you set the highest amount that you’re willing to pay. If the auction ends and the highest bid is less than your high amount, and your high amount is higher than the minimum acceptable reserve price, you win the auction!

Okay, that sounds a little confusing. Here’s a for-instance:

An auction comes up for high-quality bottling and packaging equipment. You’ve been in the market for some high-quality bottling and packaging equipment. You decide that the most you’ll pay for it is $1,000, so you put that in as your auto progressive bid.

The seller has to make a little coin, so he sets the minimum acceptable reserve price at $500. So if someone bids $450, that’s not going to cut it. It’s got to be at least $500.

At the auction, the highest bid comes in at $375. So no one wins. Oh wait! You win! You set your cap at $1,000, which was well above the $500 reserve. So not only do you win

the equipment, you win it at the reserve price. In this case, $500. Well done you!

For more information about the myriad ways in which to participate in an EquipNet auction, contact us today!

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September 6, 2012
by Julie Baker
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EquipNet’s Affiliation with the Machinery Dealers National Association

When you work with EquipNet buying and/or selling used machinery, we want you to know that we guarantee our trust and integrity in each and every one of our deals. To that end, EquipNet is a proud member of the Machinery Dealers National Associati

on (MDNA), an international, non-profit trade association dedicated to the promotion of the used machinery industry. MDNA was established in 1941 to assure buyers of the

integrity and reliability of hundreds of used machinery dealers from around the world that are members of the association.

The foundation of the MDNA is its Code of Ethics. As a condition of membership, MDNA members agree to abide, unequivocally, by the terms of the Code, and renew this pledge annually.

The MDNA’s Code of Ethics:

1. Carry out the spirit and letter of all agreements and contracts in which he engages.

2. Respond to inquiries, advertise, and offer machinery and equipment as accurately as he is able as per:

a. Name of Manufacturer

b. Serial Number

c. Condition

d. Specifications

e. Adherence to standard industry terms and definitions

3. Honor every option given a prospective buyer.

4. Advise prospective customers of conditions and circumstances of sale when offering customer-owned machinery and equipment through a brokerage arrangement.

5. Accept within 30 days from shipment any machinery and equipment sold with return privilege, freight prepaid, for refund of the purchase price if proven mechanically unsatisfactory; or repair at dealer\’s option.

The MDNA Code is policed by the association’s membership. Complaints brought from alleged Code violations are handled by the MDNA\’s Ethics & Mediation Committee. Severe violations have resulted in expulsion from the MDNA.

EquipNet adheres to the MDNA Code in every deal that we are involved with, and we aim to go even further with EquipNet’s Maintenance and Warranty Services. If you have questions about buying or selling used machinery or equipment, or if you have questions about our code of ethics, contact us today.

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