How is Fostering Sustainable Growth in the Cutting Tool Industry

//How is Fostering Sustainable Growth in the Cutting Tool Industry

How is Fostering Sustainable Growth in the Cutting Tool Industry

One company is taking steps to create healthy growth within the U.S. cutting tool industry thanks to an innovative online marketplace platform.

The U.S. Cutting Tool Institute (USCTI) is reporting a strong positive outlook for 2015 and beyond. As the economy continues to build momentum again, new projects and jobs continue to become available. At, we value our customers and are committed to supporting sustainable growth in the industrial community through our innovative services and solutions which an efficient and cost-effective method for liquidating surplus product and sourcing materials at a reduced price.

Through an innovative online platform, fulfills an unmet need by offering business –to-business online solution for buying and selling surplus cutting tools. The website enables buyers to search listings from many different sellers for the exact equipment they need including carbide inserts, endmills, drills, taps, milling tools, turning tools, boring, bars, rotating tool holders, drilling tools, rotary boring tools, and other machine tool accessories. All sales are managed safely and efficiently so buyers and sellers can conveniently and securely interact with one another resulting in significant savings on high-quality equipment for both the buyer and the seller.

Helping Companies Reduce Losses benefits all levels of the manufacturing community including manufacturers and distributers. These companies can recover losses on old unused inventory by liquidating excess cutting tool supplies to turn a more significant profit. The website allows manufacturers to list inventory online and connect with buyers across the world searching for their exact product. For the first time, industrial inventories are accessible to others and companies are able to recoup their losses on unused cutting materials.

Helping Customers Save on Equipment Costs also provides significant savings to companies searching for new cutting tool materials at a discounted price. Buyers can search the online listing database for the products they need and purchase them at a reduced price directly from the seller. This provides manufacturers and end users with greater flexibility because they can more easily acquire unique cutting tools they need for specific projects from other distributors and manufacturers from around the country.

At, we are dedicated to providing a secure and convenient way for distributors and buyers to manage and acquire excess cutting tools. Sellers enjoy higher profit returns compared to traditional liquidation methods such as scrap metal recycling. Additionally, buyers can benefit from significant discounts on new unused products that were once inaccessible to the average cutting tool consumer. To learn more or get started listing products or purchasing inventory, visit


Industrial Surplus Solutions, Inc. strives to be the industrial community’s premier online resource by building a marketplace that serves as a hub for buying, selling, marketing and exchanging products, ideas and information in the industrial community. Our mission is built on the foundation of our values; honesty, integrity, social responsibility and ethical business practices, which distinguish us and guide our actions. We value our customers, and deliver on our promises, in an effort to create sustainable growth in the industrial community through our services and solutions. Our combined leadership brings over 100 years of industrial experience. is just the beginning.

Industrial Surplus Solutions
100 Illinois Street Suite 200
St. Charles, IL 60174

By | 2018-07-03T06:11:24+00:00 December 15th, 2015|Tooling Marketplace|Comments Off on How is Fostering Sustainable Growth in the Cutting Tool Industry
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