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New JCM Program Assists in the Disposal of Old Equipment

Wed March 21, 2012 - Southeast Edition
Mary Reed


JCM operates its own fleet of heavy haulage tractors and trailers and is able to move equipment as required. Photo courtesy of JCM.
JCM operates its own fleet of heavy haulage tractors and trailers and is able to move equipment as required. Photo courtesy of JCM.

With the current difficult economic situation, many companies are experiencing financial benefit by engaging in asset recovery by disposing of older, unwanted or idle equipment.

However, the process can take valuable time and effort to accomplish in-house and the end result may not produce the best price possible.

Jacksonville Cranes & Machinery LTD (JCM), is now offering a service designed to Assassist in the disposal of such assets. JCM has been in the business of selling, renting, repairing and transporting cranes for a quarter of a century, and brings that experience to its new Crane Guard program.

The program handles the sale of cranes on behalf of the seller and takes care of all the details involved.

Once a crane is signed into the Crane Guard program, its journey involves several steps.

Inspection

Equipment in good working order naturally commands a higher sales price. As part of the Crane Guard service, a crane is inspected by JCM personnel and its performance assessed, with particular attention to safety systems and compliance with regulatory requirements. The seller receives a report providing information on these findings, proposed counter-measures if required and the applicable cost. Inspections can be carried out on site or in JCM’s yard once the crane has entered the program.

Valuation

Jacksonville Cranes offers clients expert valuations based on this inspection in tandem with such variables as the age and condition of the equipment and prices, supply and demand for comparable models.

Repair

If necessary, company service technicians carry out repairs. JCM uses its machine shop and fabrication facility should a specific spare part not be available. Since the company maintains a fleet of rental cranes manufactured by various companies its technicians — who have a collective experience of more than 100 years — can handle repairs to almost all crane makes and models.

Storage

While a crane in the program is on the market, JCM provides storage in its fenced, four-acre lot with 24-hour security. If the crane sells within six months, no storage fee is charged.

Marketing

JCM’s long experience selling, operating, renting and servicing cranes from a physical location enhances its marketing ability. With many contacts in the construction industry, it also utilizes print and electronic trade and industry publications in addition to internet and search result advertisements to reach a wide variety of possible purchasers. It also has found interest is sometimes expressed by visitors to their storage facility who are there to look at other models.

Transport

JCM operates its own fleet of heavy haulage tractors and trailers and is able to move equipment as required. Its busiest transport period was in 2011, when 16 cranes were moved in less than a week from notification of intent to move to delivery to the Crane Guard Storage Yard in Jacksonville, Fla. After many such operations the company’s safety record is unblemished. Should the purchaser live abroad, delivery is free of charge from JCM’s storage facility to the Port of Jacksonville, located about 10 mi. away.

Pointing to Jackonsville Crane & Machinery’s experience, ability to perform and stability, special projects manager Sam Wetmore said of the Crane Guard program, “We have the ability to provide all services to any equipment finance company, bank or insurance company. We are now involved in, and have had success with, transport, repair, storage and marketing all types of heavy equipment for any type of seller.”

For more information about the Crane Guard program, visit the program’s dedicated Web site at http://www.craneguard.com.