Heavy-duty tools are essential across a range of industries, including construction, electrical, and manufacturing. Investing in the right industrial tools can significantly enhance your business’s efficiency and productivity. Tools such as drill bits, impact sockets, and supplies for electrical work and welding can streamline operations and reduce downtime. That said, buying new isn’t always an option — particularly for businesses looking to manage costs without compromising performance.
In Edmonton, GD Liquidators offers a huge selection of both new and used industrial tools to support your business operations and goals. If you’re thinking of investing in industrial tools, it’s important to understand how they can benefit your work, which tools to invest in, and how to choose between new and used.
Check out our comprehensive guide for investing in industrial tools:
Industrial Tools: Understanding Your Investment
Industrial tools is a term that covers both stationary and portable equipment powered by electric motors or compressed air. They’re crucial to work in factories, construction sites, auto repair shops, and several other industries. With the right industrial tools, you can ensure tasks are performed with precision and in a timely manner.
Industrial tools include:
Drill Bits
Drill bits come in different shapes and sizes based on the application. They are an essential tool for creating holes in materials such as:
- Wood
- Stone
- Brick
- Concrete
For example, masonry bits are designed for stone and concrete work, while brad points ensure precise depth control in woodworking.
Benefits of drill bits include:
- Easy to use
- Promote clean holes
- Versatility for use on a number of materials
Impact Sockets
Impact sockets are carbonized for a hard surface, and are engineered to absorb sudden torque changes. Commonly used in automotive settings, impact sockets, along with wrenches, help to tighten and loosen nuts and bolts efficiently.
Benefits of impact sockets include:
- Durability
- Can withstand vibrations
- Versatility for use with manual and powered tools
Welding Supplies
Depending on the project, essential welding equipment includes:
- Face Sheilds
- Safety gear
- Magnetic welding squares
- Pipe-cutting accessories
- Temperature indicators
- Welding hoses
At GD Liquidators in Edmonton, we carry a variety of premium, high-quality industrial tools for your welding projects.
Power Tools
Powered by an external source like an electric motor or compressed air, power tools are a popular choice for industrial construction, gardening, and home use. They offer enhanced accuracy and capability for more complex tasks.
Benefits include:
- Accuracy
- Efficiency for difficult jobs
- More powerful than hand tools
Should I Invest in Used Industrial Tools?
Investing in high-quality used industrial tools comes with several advantages, including:
1. Cost Savings
Buying new equipment can be cost-prohibitive. By opting for well-maintained used industrial tools, you can purchase top-end brands for less, ensuring reliability and quality. Take your hard-earned savings and reinvest them into your business or project.
2. Lower Depreciation
New tools typically experience a drastic depreciation in value within the first year of purchase. This levels off by years 3 to 5, stabilizing the price. By choosing to invest in used industrial tools, you can bypass this initial loss in value without compromising quality.
3. Availability
Unlike new tools, which may require pre-ordering and longer wait times, used tools are readily available. Avoid placing orders and waiting around. Start work on your project immediately, saving you time and money.
4. Lower Insurance Costs
The lower replacement value of used tools often translates to decreased insurance premiums, resulting in ongoing savings.
Tips and Tricks for Investing in Industrial Tools
Before you invest in any industrial tool, it’s important to have a plan and stay focused on your goals. This will ensure you get what you need for a price you’re comfortable paying. Before you begin shopping, make sure you know the capabilities of your existing tool lineup before dropping cash on items you don’t really need.
Do Your Research
Start by researching the cost of new tools you’re interested in buying. Visit manufacturer and retailer websites to get a sense of pricing and available models. Then, visit physical stores to get a hands-on feel for the tools — comparing everything from budget-friendly options to premium, professional-grade versions. Take notes on prices, features, and safety mechanisms, so you have a solid baseline when evaluating second-hand options.
Be Hands On
When it comes to hand tools and other non-powered equipment, many come with transferable lifetime warranties, and high-quality steel tools are typically easy to clean and refurbish. For power tools, however, a more thorough inspection is essential. Check that the cords, plugs, switches, blade guards, and other safety components are intact and fully functional. If you’re buying cordless tools, keep in mind that replacement batteries can be more expensive than the tool itself. Whenever possible, choose tools compatible with a battery platform you already own — this not only saves money but ensures compatibility and convenience with your existing setup.
Know Your Brands
It’s important to understand the distinction between contractor-grade tools and those designed for DIY and household use. If you’re not familiar with the difference, or are unclear on which is best for your purposes, contact the experts at GD Liquidators in Edmonton for assistance in determining the right industrial tool for you.
New and Used Industrial Tools in Edmonton
If you’re in the market for new or used industrial tools in Edmonton, the team at GD Liquidators has you covered. Find what you’re looking for from top brands, including DeWalt®, Makita® and RIDGID®.
Get the right tools at the right price, with quality guaranteed. Our team of professionals has over 150 years of combined experience and will find what you need to get you back to work. Our products are backed by a solid reputation for reliability, trustworthiness, and exceptional customer service.
Contact the team at GD Liquidators in Edmonton for all your industrial tool needs.
