Park Mine Equipment

Park Mine Equipment [PME] LLC (USA) and Park Mine Equipment SpA (Chile) are wholly owned subsidiaries of Park Corporation (Cleveland, Pittsburgh). PME is in the business of buying and selling used mine equipment. We purchase mining equipment for inventory, perform repairs as needed, and re-market the inventory across the world as opportunities arise. We are not a broker. We commit capital to the purchase of the equipment and control the sale of that equipment because we own the equipment clear and free. As a result, we are able to maintain a high level of trust with our customers because we follow through on our promises and commitments and are honest about the condition of our equipment. When we buy equipment, we move quickly because we have sound financial support from our parent company (Park Corporation).

​Park Corporation, founded in the late 1940’s by Ray Park, has grown from a business focused on lumber to a diversified holding company focused on manufacturing, real estate, asset based lending, private equity, and mezzanine financing. Over the years, Park Corporation has been involved both in mining and mine equipment. For example, Park Corporation purchased the Twin Buttes copper mine in the 1980’s and sold the mine to Freeport McMoran in 2009. Mine equipment transactions over the years have involved everything from large bucket wheel excavators and draglines to mining trucks and everything between.