Daniel R Gigante
Surplus Industrial Assets Specialist
Covering all surplus industrial assets A to Z - $5000.00 to $100+ million original cost
Subspecializing in surplus industrial materials A to Z
35 years experience - completed countless surplus asset transfers of all kinds with a diverse range of corporations, institutions and government agencies throughout North America and overseas
Proven effective, win/win service provided promptly and efficiently
What are "surplus industrial assets"?
Surplus industrial assets are simply assets in an industrial setting that are no longer needed.
Surplus industrial assets include everything from equipment and inventory to complete industrial facilities. Surplus assets can be used or unused. They can be brand new to many years old.
These unneeded assets become surplus for any number of reasons. Some of the common reasons include canceled projects, completed projects, overbuying, upgrading, changes in the marketplace, facility closings, business closings, mergers and acquisitions.
The surplus industrial assets market in North America is highly diverse and enormous; well into the billions of dollars in liquidation value at any given time.
But this market contains inefficiencies - sellers often do not know who the buyers are and vice-versa. Many surplus assets which could be used immediately by someone else, sit idle, often for years, sometimes even decades.
Worse yet, many companies pay large sums of money to dispose of surplus assets that could be immediately used by someone else.
I, and other surplus asset professionals, bring liquidity to the market by utilizing our specialized knowledge, skills and industry contacts developed over many years. We make "surplus deals" happen.
My professional history & experience
I started my career in 1989 in the surplus industrial equipment market. In my early years I learned all the "real world" and practical aspects of the business on a national and international level.
Practical aspects I learned included surplus asset sourcing, marketing, sales and logistics. I got to know who the buyers, sellers and brokers were and how successful deals were done.
Start of my subspecialty
In the mid 1990's while sourcing surplus industrial equipment I discovered that many organizations had unused industrial materials and were paying large sums to dispose of them.
I thought other organizations could put these materials to good use. So I developed a network of industrial material professionals who specialize in nearly every industrial material in the world in order to promptly place the materials for reuse.
This unique network has proven very successful. You can read more about it by clicking on the link "Industrial material reuse" in the second column.
Professional contacts
My extensive contact list includes plant managers, environmental managers, sales managers, purchasing agents, engineers, consultants, brokers, logistics specialists, directors, presidents and owners of companies of all sizes in nearly every industry.
Asset categories of interest & criteria
I have 5 categories of surplus industrial assets of interest. Below you will see the minimum original cost of each:
1. Surplus unused industrial materials A to Z - my subspecialty!
Minimum original cost over $5000.00 per item or like-item inventory.
The network is especially interested in items or like-item inventories that had an original cost over $1ooK.
Any age or condition is of interest. Located anywhere in the US or Canada.
The expert "industrial material specialists" in my network are motivated and act fast to place your surplus materials. Click below for all the details:
2. Surplus general unused industrial inventories
Minimum original cost of $100K to into the millions per inventory of the same or like items.
All unused surplus industrial inventories A to Z Examples, an inventory of fiber optic cable, an inventory of industrial bearings. Any age or condition. Located anywhere in the US and Canada.
3. Surplus industrial equipment
Minimum original of $500K to into the millions per item or like items.
All kinds A to Z. Used, never used, old, obsolete, damaged and odd-ball. Any condition. Located anywhere in the US and Canada.
4. Surplus industrial complete facilities
Minimum of $5 million to $100+ million original cost per facility.
Complete industrial facilities of all kinds are of interest. All industries. These facilities can be used, never used, recently built or very old.
Facilities can be available with the land or in situations where only the equipment is available and must be relocated. Located anywhere world-wide.
5. Timberland properties and packages
I also have acquisitions contacts in the global forest industry. They are always looking for timberlands for purchase.
Minimum acres from 5,000 acres to 1 million acres per contiguous parcel or "package".
A timberland "package" is two or more separated parcels of timberland sold together.
All species, all stages of growth are of interest. Located anywhere world-wide.
Successful surplus asset transactions
Surplus industrial asset transactions are win-win situations.
The seller of an unneeded asset gets a return, or avoids disposal and storage costs, and a buyer acquires the asset at far below replacement cost.
I have created these win-win situations countless times over. Here is one actual case:
A major pharmaceutical company anticipated moving into a brand new facility that contained a large $650K pollution control system.
I was notified that management decided to change locations and the pollution control system became "surplus". This system was unused but was a significant removal and disposal expense for the pharmaceutical company.
Through my industrial surplus network we were able to place the pollution control equipment for it's intended use at no cost to the pharmaceutical company. The end user paid for the removal and transport and got a bargain of a lifetime! Win-win!
What I can do for you
For sellers - I may immediately know or be able to promptly find someone who can use your surplus asset(s).
Simply email me a brief description of any surplus asset(s) you have that meet the criteria in the second column.
If you have surplus assets on a regular basis please include me on your email list.
Any surplus assets that are brought to my attention will be promptly evaluated for reuse.
For buyers - The surplus assets I market are a valuable opportunity - the opportunity to acquire assets far below the replacement cost.
Many buyers ask me to keep them posted on particular surplus assets.
If you have any assets of interest please email me a description. I will then notify you if any such assets become available as surplus.
Contact me
Email is the best and most efficient way to contact me.
I almost always will reply to your email within 24 hours, if not hours, or minutes, the same day.
Email: drg@danielrgigante.com
You are always welcome to call me. It is best however to email me first and set a telephone appointment.
Often when you email me we can set a time for a call immediately to within 2 hours. Telephone calls can be scheduled on weekends, too.
If I will be unavailable for an extended period of time, like over 24 hours, I will note this here on this website.