About Phoenix Equipment

Phoenix Equipment buys and sells complete chemical process plants for relocation and individual pieces of process equipment and machinery. We have extensive experience acquiring plants and process lines that require the execution of complex dismantlement, demolition and decommissioning projects. Based in Red Bank, New Jersey, we maintain a yard in Madisonville, KY and have team members located in China, India, Germany and relationships throughout the world.

Industries we serve include:

  • Chemical
  • Refining
  • Gas Processing
  • Pharmaceutical & Nutraceutical
  • Food & Beverage
  • Power Generation

Our History

In 1974, Louis Spector and William Spector, father and son, founded Spector Equipment Company (SECO), harnessing Louis’ forty years in the industrial machinery and surplus business and William’s entrepreneurial spirit to salvage surplus industrial sites and equipment. Over the years, the company increasingly concentrated on the chemical process industry and the name changed to Phoenix Equipment – illustrating the idea that shutdown chemical plants and equipment can be re-used, find new life and rise from the ashes. Today, over 40 years later, William and his son, Jesse, have continued the family tradition, expanding our capabilities to include complete plant relocation sales and turnkey plant dismantlement and decommissioning throughout the world.

Our Capabilities & Services


We buy, market and sell complete chemical processing, refining, gas and power generation plants for relocation. We can introduce you to specific technical consultants, manage the match-marking, dismantlement, refurbishment, crating, export, and shipping process.


We buy and sell over 40 categories of process machinery. We have over 5,000 items immediately available. As part of the sales process, we handle everything from testing machinery to transportation. And we are always looking to buy your surplus equipment.

Acquire Plants & Equipment

We buy entire sites, standalone process plants for relocation, and equipment in bulk or individually. We can quickly value your assets and provide cash offers or structure a proposal in which Phoenix makes up an upfront investment and you participate in the sales revenue generated.

Plant Dismantlement

We have the expertise to safely dismantle, demolish and decommission entire sites and plants or lines within integrated sites. And unlike a typical demolition contractor, we can market and sell your surplus plants and process equipment directly to global end-user companies.

Plant Liquidations

With an extensive customer base in the process industries, Phoenix Equipment can execute a liquidation for a shutdown plant. In addition to liquidating machinery we acquire for our own account, we can also act as a private treaty sales agent or manage an auction on your behalf.

Appraisal Services

Our experience buying, selling and dismantling chemical plants has given us an understanding of plant and equipment resale values, scrap salvage value and contracting costs. Our fees to prepare appraisals or estimates are based on the complexity of the assignment.