Jason Puuri is the owner of Machine Tool Exchange, based in Lansing, Michigan. He got his start in 2012 with a tool buyback program purchasing excess and obsolete cutting tool inventory from manufacturers, and has since grown that into a full-scale industrial asset recovery business covering surplus machinery resale, line and cell decommissioning, and plant closures.
In May 2026, Puuri launched Machine Tool Exchange to buy used and surplus CNC and metalworking machinery, including lathes, machining centers, turning centers, five-axis machines and laser cutting equipment, directly from manufacturers, machine shops and plants nationwide. He personally leads acquisition and sets final pricing on every machine the company buys, and the team typically delivers a quote within 24 to 48 hours of reviewing a seller's equipment.
Puuri works with sellers across aerospace and defense, automotive, general manufacturing, mining and minerals, oil and gas, and primary metal manufacturing. He is available to speak with media on used industrial machinery markets, equipment valuation, plant closures and downsizing, and the secondary market for CNC machine tools.
Connect with him on LinkedIn.
Areas of expertise
- Used CNC machine valuation and pricing. Sets the offer price on the machines MTE buys, accounting for condition, tooling, controls and current market demand.
- Direct equipment acquisition. Buys machines outright from the companies that own them rather than brokering or consigning them, and handles acquisition end to end.
- Industrial asset recovery and surplus management. Superior Machine & Tool has run full scale asset recovery and surplus machinery programs for manufacturers since expanding beyond tooling buyback.
- Tooling buyback. Purchasing excess and obsolete cutting tool inventory from manufacturers, the program the company was built on in 2012.
- Plant closures, downsizings and liquidations. Buys equipment from companies that are upgrading, consolidating, relocating or closing a facility, including line and cell decommissioning.
- Metalworking machine tools. CNC lathes, vertical and horizontal machining centers, turning centers, five axis, gear machinery, multi tasking and laser cutting equipment.
Have a machine to sell?
Jason and the Machine Tool Exchange team buy directly. Quote in 24 to 48 hours, we handle rigging and freight, and we arrange the pickup.