Our Beginnings

Located in Lansing, Michigan, Superior Machine & Tool was founded in 2012 on the idea that value existed in the material that manufacturing companies were throwing away as scrap. Therefore, SMT established Superior Asset Recovery, which remains the core of the business today and has made SMT the largest purchaser of E&O cutting tool inventory in the country.

Built on the values of SMT, Superior Asset Recovery believes that no solutions are off-limits when it comes to meeting the needs of customers. Using strong problem-solving capabilities to find creative solutions has enabled Superior Asset Recovery to develop a full-scale Tool Buyback Program. Through the Tool Buyback Program, Superior Asset Recovery helps a growing number of organizations free up warehouse space, recover costs, and increase productivity. Thinking outside the box to give customers the best solution for their specific scenario is the foundation of SMT and Superior Asset Recovery.