HGR closed.

[Dethmachinefab]

Found out HGR surplus closed down. Bummer, I've got alot of equipment from them over the years.

They were much better a few years ago, but I guess company was sold to an investment firm. Prices went up and they tried to get big with multiple locations, new websites sucked, didn't deal as much. Now the banks got it.

 

[ThePanzerFuhrer]

That sucks, was gonna make a trip to see that place and hopefully pick up a bunch of brake press tooling

 

[Landslide]

What do you think will happen now? Another buyer or major auction off of everything?

 

[Dethmachinefab]

What do you think will happen now? Another buyer or major auction off of everything?

No idea, bank might auction the scraps to recover something. Maybe a new company will pop up after it's all settled.

 

[subybaja]

Harbor Freight by way of a Chinese smelter, judging by the surplus places I've seen shut down. :(

 

[PAToyota]

I saw that mentioned over on the Practical Machinist forum: HGR surplus closing

Quite a few guys that had various orders pending that will likely get screwed over unless they can get their credit cards to stop payment.

Sounds like (as Deth said) they were bought out and the new owners had no idea WTF they were doing - expansion to new locations, prices increased substantially, and they didn't seem to understand what they had a lot of the time.

 

[Dethmachinefab]

It was a good business, buy just over scrap price, list it and keep dropping price until it moves or hits scrap price. Some stuff was real good, some total junk. Recently their prices were getting close to retail on some stuff, and they could only deal so much. I read on the PM form they sold for 55mm. That's steep for a machine junkyard lol.

It was a great resource for me.

 

[zerobalance]

Pretty shitty, I've bought probably over 200k worth of stuff off them in the last 20 years. Used to be able to get screaming deals on last chance stuff, and had a great relationship with my salesman. When they got bought out, he quit, and told me that it wasn't going to last.

I had like 3 orders outstanding, hopefully chase gets my money back.

 

[Dethmachinefab]

Pretty shitty, I've bought probably over 200k worth of stuff off them in the last 20 years. Used to be able to get screaming deals on last chance stuff, and had a great relationship with my salesman. When they got bought out, he quit, and told me that it wasn't going to last.

I had like 3 orders outstanding, hopefully chase gets my money back.

I was looking at a few machines waiting for the prices to drop, then the website quit and I was like wtf that's odd I'm not getting spam emails either. Glad I didn't buy.

Who was your salesman?

 

[zerobalance]

Marshall was back in the day. He was awesome, I would have like 50 different last chance and clearance things and he would mark them all down. I spent a fair amount with them though, I bought 3 cnc machines alone from there.

 

[Dethmachinefab]

So the website is back and the google page now says temporarily closed instead of permanently closed. 🤔

 

[Dethmachinefab]

After some pokin around the interwebs, it may be opening back up. Some folks on pm have info that a former owner is buying it back.

 

[AKnate]

Never heard of them. They like the big surplus store in Idaho Falls?

 

[Bammerbuilt]

After some pokin around the interwebs, it may be opening back up. Some folks on pm have info that a former owner is buying it back.

I hope you're right. I bought and paid for a big CNC saw back in the first part of September and now I can't get a hold to anyone to pick it up in Fort Worth. You would have thought the salesman would have called and told me I better go get it.

 

[zerobalance]

After some pokin around the interwebs, it may be opening back up. Some folks on pm have info that a former owner is buying it back.

I'll see if I can get some dirt next weekend. Going camping with a guy who owns a trucking company that hauled in a bunch of their big stuff.

Never heard of them. They like the big surplus store in Idaho Falls?

Industrial clearing house and consignment for damn near everything. They sold a lot of machines but also factory surplus, office stuff, pretty much anything you would find in a factory. They would do consignment sales for the public too. I liked buying machines there because they offered a 30 day return policy or would give you some money back to do repairs on machines.

 

[AKnate]

I'll see if I can get some dirt next weekend. Going camping with a guy who owns a trucking company that hauled in a bunch of their big stuff.

Industrial clearing house and consignment for damn near everything. They sold a lot of machines but also factory surplus, office stuff, pretty much anything you would find in a factory. They would do consignment sales for the public too. I liked buying machines there because they offered a 30 day return policy or would give you some money back to do repairs on machines.

They do mills, lathes, that type of stuff?

 

[Dethmachinefab]

They do mills, lathes, that type of stuff?

Yep, plus alot more. Cranes, robots, forklifts, i almost bought an H1 from them a few months back.

Buy it and a truck shows up. Nice to not have to deal with rigging on both ends.

 

[Duc]

My wife is probably happy we dont live anywhere near one. I would like to buy a larger horizontal saw instead of the hydraulic HF saw.

 

[Dethmachinefab]

My wife is probably happy we dont live anywhere near one. I would like to buy a larger horizontal saw instead of the hydraulic HF saw.

They always had a bunch of do-all c-916's for sale, i bought a swivel version from them. I have a c-916a (automatic version) in the shop now that's a great horizontal, do recommend one.

 

[Duc]

They always had a bunch of do-all c-916's for sale, i bought a swivel version from them. I have a c-916a (automatic version) in the shop now that's a great horizontal, do recommend one.

Kicking myself for not buying the Amada 250 that was in town 2 years ago. The controller was bad but it would have made a fun project to convert to a new controller system. The HF saw is working fine for a home shop but would be nice to have a better unit for the bigger stuff.