Our original and most popular service: Reduce the burden of managing surplus materials to a single phone call. We will identify and inventory material, provide estimated valuations, market, and sell to our network of thousands of trusted buyers. We can also handle scrap brokerage agreements, and arrange for on-site scrap bins as needed. This infinitely customizable service comes with powerful collaboration and can be scaled to your business. Our goal is to make you feel like we are your in-house IR team at a fraction of the price.
À LA CARTE SERVICES
Take advantage of our growing list of buyers who are anxious to purchase your materials.
We will estimate the value of surplus material you have and provide our recommendation to achieve a better return.
We will make a site visit, inventory items, and show you how to take advantage of the possible returns you can achieve.
Our team is available from the planning phase through the duration of the project. We assist with demolition scope definitions in order to maximize recovery of high value equipment.
We will monitor local vendors’ reports, assist with consistent scrap bin turnover, and provide detailed reporting of scrap recovery.
We help complete negotiations, issue a bill of sale, collect funds, and release material – therefore becoming the main audit point to meet all controls.
Why Choose MMR?
WE THINK AHEAD
Investment Recovery is important to think about from the very beginning. We can be a valuable partner during your project to help limit liabilities and remove surplus before it becomes an issue.
WE ARE FULL SERVICE
We make investment recovery as simple as possible. Sit back and relax as we inventory, market, and use our 100+ years of expertise to maximize your returns on surplus goods.
We can custom tailor our services to fit your business controls. We have a long history of making sure we follow specific procedures based on our clients’ requests. We can also provide any reports, charts, or confirmations that your business needs to see the value of our service.
Here are a few of the jobs that we have
Our expertise at work for you
MMR was approached in mid-November about assisting with the year end disposition of approximately 4,000 joints of casing, tubing and line pipe. In order to avoid property tax assessment on the pipe, the client wanted the material sold before year end. The pipe was sold under 14 different contracts. The speed of the sale saved the client over $47K in property taxes alone.
Sales Price: $1.2 Million
Money Saved: $47K in property taxes
Total Benefit: $1.25 Million
Yard Clean Up
MMR provided support to clear a storage yard of surplus after the completion of a project. There was a total of 15 sales associated with this clean up. The material was located on land that was being leased for $4,000 per month, so timing was critical and MMR was able to meet the four month deadline. The final sale associated with this clean up was to a local scrap company to remove all remaining material; they removed as many as 14 loads in one day to meet the deadline.
Price without MMR: –$4,000.00 Per Month in Lease
Price with MMR: $389,862.77
Maximizing Dismantlement Returns
MMR was involved in the planning of the demolition/dismantlement of the site, and worked seamlessly with the seller and contractor to advise which assets would yield the highest return. We marked recoverable assets, inventoried, researched data from the data library, and sent bids to thousands of bidders. We managed asset sales, scrap ticket reconciliation, and 2,300 truckloads of concrete.
Equipment Sales: $3.6 Million
Scrap Sales: $1.9 Million
Cost Avoidance: $680,000
Total Project Value: $6.18 Million
MMR was approached to sell copper generator bars. The site was going to have the bars available at two separate times. MMR presented the option to stage the first batch for 3 weeks until the second batch was available, thus allowing all material to be removed at once. By removing the material at once, it allowed all material to be loaded on flat beds as opposed to scrap bins at two separate times. This cut down on labor required by the site. This recommendation increased the sale total by $16,901.40.
Price without MMR: $53,024.00
Price with MMR: $69,925.40
MMR managed the disposition of containers as they were brought to a storage area. The project entailed tracking the containers as they came into and left the yard. The goal was to dispose of each container as quickly as possible in order to minimize storage fees. The location of the containers in the storage yard was taken into consideration to reduce lift charges. In total, MMR handled 12 sales for a total of 581 containers.
Daily Storage Fee Per Container: $1.50
Lift Charge: $28 Per Movement
Price in Scrap: Estimated $800,000.00
Price with MMR: $1,330,225.00