Founded in Lansing, Michigan in 2012, Superior Machine & Tool (SMT) began with a simple idea — there’s value in what many manufacturers overlook. From that belief came our flagship Tool Buyback Program, which quickly grew into one of the largest and most trusted in the industry. Over the years, SMT expanded into full-service asset recovery, surplus management, and equipment purchasing for manufacturers nationwide. As customer needs evolved, SMT responded with creativity and versatility: what began as tooling buyback expanded into full-scale asset recovery, surplus machinery resale, line and cell demolition services, and Tier 1 distribution for S&P 500 manufacturers. The hallmark: nothing is off-limits when it comes to meeting your needs. Cash out your used machines
Machine Tool Exchange (MTE) was created specifically to help manufacturers sell their new and used machines with ease and confidence. Backed by years of industry experience, our mission is to make the selling process simple, transparent, and rewarding. We specialize in purchasing New and Used CNC machines directly from businesses looking to upgrade, downsize, or liquidate assets. Our knowledgeable team evaluates your equipment, helps arrange logistics, and handles the paperwork with you — ensuring a smooth, hassle-free transaction from start to finish.