Established in 1980, Presses For Industry is a stocking dealer of used stamping and fabrication machinery, as well as computer numerically controlled and toolroom equipment. The company operates two 40,000-square-feet warehouse facilities in Detroit. Its facilities feature a fleet of 20-ton and 40-ton cranes. Presses For Industry offers stamping, hydraulic, large automotive, transfer, blanking, transfer, forging and die cutting presses. The company provides coil handling equipment, press brakes, fastener devices, grinders, lasers, lathes and slitting lines. It additionally features boring, drilling, milling, punching, shearing and tapping machines. The company provides cleaning, plating, finishing, cycling, upgrading, reconditioning and rebuilding services. Presses For Industry also specializes in plant liquidations, appraisals and auctions and has handled many tier-one and tier-two size facilities as well as smaller facilities.