We buy surplus in bulk. Click here to get a free valuation.

Surplus Machinery

Glatt 10.0046 528.52 gal 400 VOLTS 50 HERTZ STAINLESS STEEL 8 BAR | Holoflight/Paddle/Screw Dryers

  • Machinery Weight: 18959.56 lb
  • Machinery Dimensions: 358.27 x 129.92 x 145.67 in
  • Serial Number: 10.0046
  • Capacity Size: 528.52 gal
  • Single, Twin, or Quad Screws: SINGLE
  • Jacket Pressure Rating: 8 BAR
  • Manufacturer Name: Glatt
  • Jacketed: YES
  • Voltage: 400 VOLTS
  • Material of Construction: STAINLESS STEEL
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Year: 1998
  • Phase: 3
  • Located in: Antwerp, Belgium

We buy Glatt 10.0046 528.52 gal 400 VOLTS 50 HERTZ STAINLESS STEEL 8 BAR in bulk. Click here to get a free valuation.

Yaskawa XU-RC350D-D91 S33164-1-01 | Miscellaneous

  • Machinery Weight: 194 LBS
  • Serial Number: S33164-1-01
  • Machinery Dimensions: 29 x 29 x 52 IN
  • Model: XU-RC350D-D91
  • Manufacturer Name: Yaskawa
  • Year: 2014
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: San Jose, CA, USA

We buy Yaskawa XU-RC350D-D91 S33164-1-01 in bulk. Click here to get a free valuation.

Glatt | Dumpers

  • Machinery Dimensions: 31.50 x 31.50 x 51.18 in
  • Manufacturer Name: Glatt
  • Machinery Weight: 374.78 lb
  • Located in: Paraná (PR), Brazil

We buy Glatt in bulk. Click here to get a free valuation.

Markem Imaje SmartDate X40 GJ16101038 50/60 HERTZ INK JET Paper Bag Adjustable shaft | Miscellaneous

  • Machinery Dimensions: 7 x 9 x 24 IN
  • Mounted on What: Adjustable shaft
  • Printing on What: Paper Bag
  • Current: 2.0 - 1.0 AMPS
  • Voltage: 120 - 230 VOLTS
  • Serial Number: GJ16101038
  • Model: SmartDate X40
  • Manufacturer Name: Markem Imaje
  • Products Run: Dry Pet Food
  • Machinery Weight: 100 LBS
  • Year: 2016
  • Method of Code Dater: INK JET
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Victorville, CA, USA

We buy Markem Imaje SmartDate X40 GJ16101038 50/60 HERTZ INK JET Paper Bag Adjustable shaft in bulk. Click here to get a free valuation.

Allen Bradley 1769-L30ERMS | Controllers

  • Machinery Weight: 10 LBS
  • Machinery Dimensions: 10 x 6 x 6 IN
  • Model: 1769-L30ERMS
  • Manufacturer Name: Allen Bradley
  • Type of Controller: ELECTRICAL
  • Located in: SC, USA

We buy Allen Bradley 1769-L30ERMS in bulk. Click here to get a free valuation.

Rice Lake Weighing Systems 38069 | Miscellaneous

  • Serial Number: 38069
  • Manufacturer Name: Rice Lake Weighing Systems
  • Machinery Dimensions: 12 x 8 x 4 IN
  • Machinery Weight: 4 LBS
  • Recommended Packaging Form: 12C (12X12X12)
  • Located in: Forest, VA, USA

We buy Rice Lake Weighing Systems 38069 in bulk. Click here to get a free valuation.

Fryma Koruma MZ-190/B 100092 60 HERTZ 26000 KG/HR 6 BAR Air cooled STAINLESS STEEL 230/460 VOLTS 50/60 HERTZ 100 AMPS | Colloid Mills

  • Machinery Dimensions: 44.49 x 24.02 x 20.08 in
  • Capacity Details: Capacity: 26000 kg/hr.
  • Product Sizing: 100 - 500µm
  • Capacity Speed: 26000 KG/HR
  • Capacity Size: 60 HERTZ
  • Model: MZ-190/B
  • Serial Number: 100092
  • Products Run: Liquid
  • Manufacturer Name: Fryma Koruma
  • Heating Cooling Requirements: Air cooled
  • Machinery Weight: 1058.21 lb
  • Year: 2003
  • Current: 100 AMPS
  • Air Requirements: 6 BAR
  • Material of Construction: STAINLESS STEEL
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 3
  • Voltage: 230/460 VOLTS
  • Located in: MA, USA

We buy Fryma Koruma MZ-190/B 100092 60 HERTZ 26000 KG/HR 6 BAR Air cooled STAINLESS STEEL 230/460 VOLTS 50/60 HERTZ 100 AMPS in bulk. Click here to get a free valuation.

Waters QTOF Premier | Mass Spectrometers

  • Model: QTOF Premier
  • Machinery Dimensions: 40 x 40 x 60 IN
  • Manufacturer Name: Waters
  • Machinery Weight: 500 LBS
  • Type of Mass Spec: Q-TOF
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: North America

We buy Waters QTOF Premier in bulk. Click here to get a free valuation.

Rossetti STAINLESS STEEL 200.84 gal 1.5 BAR 1.5 BAR | Reactors

  • Machinery Dimensions: 31.50 x 31.50 x 131.89 in
  • Jacket Temperature Rating: 300 DEG C
  • Jacket Pressure Rating: 1.5 BAR
  • Internal Pressure Rating: 1.5 BAR
  • Capacity of Reactor: 200.84 gal
  • Manufacturer Name: Rossetti
  • Grade of Stainless Steel: 304
  • Agitator Location: TOP
  • Agitation: YES
  • Internal Temperature Rating: 300 DEG C
  • Reactor Material of Construction: STAINLESS STEEL
  • Machinery Weight: 2645.52 lb
  • Located in: Europe

We buy Rossetti STAINLESS STEEL 200.84 gal 1.5 BAR 1.5 BAR in bulk. Click here to get a free valuation.

Garvens S3 333547 3000 G 110 VOLTS | Check Weighers

  • Capacity Size: 3000 G
  • Serial Number: 333547
  • Model: S3
  • Manufacturer Name: Garvens
  • Machinery Dimensions: 157.48 x 78.74 x 70.87 in
  • Machinery Weight: 330.69 lb
  • Voltage: 110 VOLTS
  • Year: 2005
  • Recommended Packaging Form: CUSTOM
  • CE Marked: NO
  • Located in: Wales, United Kingdom

We buy Garvens S3 333547 3000 G 110 VOLTS in bulk. Click here to get a free valuation.

Hapa DEF310 | Printing or Code Markers

  • Machinery Dimensions: 47.24 x 43.31 x 55.12 in
  • Model: DEF310
  • Year: overhauled in 2005
  • Manufacturer Name: Hapa
  • Machinery Weight: 661.38 lb
  • Located in: Europe

We buy Hapa DEF310 in bulk. Click here to get a free valuation.

Kilian RTS24 31850705739609 | Tablet Presses

  • Machinery Dimensions: 118.11 x 31.50 x 78.74 in
  • Model: RTS24
  • Serial Number: 31850705739609
  • Manufacturer Name: Kilian
  • Tooling type (IPT, EU, Other): EU
  • Capacity Size (tooling - 'bb', 'B' or 'D'): B
  • No. of Stations: 24
  • Machinery Weight: 4188.74 lb
  • Year: 1990
  • CE Marked: NO
  • Located in: Germany

We buy Kilian RTS24 31850705739609 in bulk. Click here to get a free valuation.

Kirloskar Cummins ltd. 1 SCFM | Diesel Generators

  • Manufacturer Name: Kirloskar Cummins ltd.
  • Machinery Dimensions: 118.11 x 47.24 x 59.06 in
  • Capacity Size: 1 SCFM
  • Fuel Type: DIESEL
  • Machinery Weight: 5511.50 lb
  • Year: 2006
  • Recommended Packaging Form: CUSTOM
  • Located in: Assam, India

We buy Kirloskar Cummins ltd. 1 SCFM in bulk. Click here to get a free valuation.

Secure Pak 3630 | Miscellaneous

  • Serial Number: 3630
  • Machinery Dimensions: 16 x 10 x 5 IN
  • Manufacturer Name: Secure Pak
  • Machinery Weight: 10 LBS
  • Recommended Packaging Form: 12C (12X12X12)
  • Located in: Forest, VA, USA

We buy Secure Pak 3630 in bulk. Click here to get a free valuation.

Bio Rad Gel Air Dryer 115 VOLTS 6 AMPS 60 HERTZ | Air Dryers

  • Machinery Dimensions: 36 x 13 x 12 IN
  • Model: Gel Air Dryer
  • Machinery Weight: 70 LBS
  • Manufacturer Name: Bio Rad
  • Voltage: 115 VOLTS
  • Recommended Packaging Form: 20C (28X20X20)
  • Current: 6 AMPS
  • CE Marked: NO
  • Frequency: 60 HERTZ
  • Located in: North America

We buy Bio Rad Gel Air Dryer 115 VOLTS 6 AMPS 60 HERTZ in bulk. Click here to get a free valuation.

Anritsu Corporation MN7462A 6201221412 | Communication Testing Equipment

  • Machinery Dimensions: 19 x 22 x 6 IN
  • Model: MN7462A
  • Serial Number: 6201221412
  • Manufacturer Name: Anritsu Corporation
  • Machinery Weight: 35 LBS
  • Recommended Packaging Form: 20C (28X20X20)
  • CE Marked: YES
  • Located in: CA, USA

We buy Anritsu Corporation MN7462A 6201221412 in bulk. Click here to get a free valuation.

Shanghai BGB-150D 380 VOLTS 50/60 HERTZ | Perforated Coating Pans

  • Machinery Dimensions: 78.74 x 49.61 x 61.81 in
  • Current: 50A
  • Model: BGB-150D
  • Manufacturer Name: Shanghai
  • Machinery Weight: 1984.14 lb
  • Voltage: 380 VOLTS
  • Frequency: 50/60 HERTZ
  • Phase: 3
  • Located in: North America

We buy Shanghai BGB-150D 380 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Jetco 10 VOLTS | Torquers and Retorquers

  • Machinery Dimensions: 5 x 10 x 5 IN
  • Voltage: 10 VOLTS
  • Manufacturer Name: Jetco
  • Machinery Weight: 7 LBS
  • Located in: PR, USA

We buy Jetco 10 VOLTS in bulk. Click here to get a free valuation.

Triple S Dynamics STAINLESS STEEL VIBRATING CONVEYOR | Conveyors

  • Machinery Dimensions: 400 x 100 x 60 IN
  • Manufacturer Name: Triple S Dynamics
  • Type of Conveyors: VIBRATING CONVEYOR
  • Material of Construction: STAINLESS STEEL
  • Machinery Weight: 5000 LBS
  • Located in: LA, USA

We buy Triple S Dynamics STAINLESS STEEL VIBRATING CONVEYOR in bulk. Click here to get a free valuation.

Perkin Elmer 200 Vacuum Degasser | HPLC

  • Model: 200 Vacuum Degasser
  • Manufacturer Name: Perkin Elmer
  • Located in: North America

We buy Perkin Elmer 200 Vacuum Degasser in bulk. Click here to get a free valuation.

Combi Packaging Systems LLC 2EZHS 2EZHS543964 240 VOLTS 60 HERTZ 30 AMPS | Miscellaneous

  • Model: 2EZHS
  • Serial Number: 2EZHS543964
  • Manufacturer Name: Combi Packaging Systems LLC
  • Year: 2018
  • Current: 30 AMPS
  • Voltage: 240 VOLTS
  • Machinery Weight: 4000 LBS
  • Machinery Dimensions: 1 x 1 x 1 IN
  • CE Marked: NO
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: Bolton, ON, Canada

We buy Combi Packaging Systems LLC 2EZHS 2EZHS543964 240 VOLTS 60 HERTZ 30 AMPS in bulk. Click here to get a free valuation.

Longford As Built | Miscellaneous

  • Products Run: COUPONS
  • Model: As Built
  • Manufacturer Name: Longford
  • Machinery Dimensions: 48 x 36 x 48 IN
  • Machinery Weight: 500 LBS
  • Located in: Leipsic, OH, USA

We buy Longford As Built in bulk. Click here to get a free valuation.

Mecalor Industria e Comercio de Refrigeracao Ltda MCA-5-RI-220 0537/14 220 VOLTS 60 HERTZ 7.6 KW 5000 Kcal/h | Chillers

  • Current: 7.6 KW
  • Serial Number: 0537/14
  • Machinery Weight: 363.76 lb
  • Machinery Dimensions: 27.56 x 19.29 x 60.63 in
  • Tonnage: 5000 Kcal/h
  • Temperature Range: 5/25 DEG C
  • Model: MCA-5-RI-220
  • Manufacturer Name: Mecalor Industria e Comercio de Refrigeracao Ltda
  • Year: 2014
  • Voltage: 220 VOLTS
  • Frequency: 60 HERTZ
  • Recommended Packaging Form: PALLET
  • Located in: Sao Paulo, Brazil

We buy Mecalor Industria e Comercio de Refrigeracao Ltda MCA-5-RI-220 0537/14 220 VOLTS 60 HERTZ 7.6 KW 5000 Kcal/h in bulk. Click here to get a free valuation.

Arenco GAB 50/60 HERTZ | Fillers

  • Machinery Dimensions: 59.06 x 39.37 x 70.87 in
  • Type of Filler: TUBE
  • Model: GAB
  • Manufacturer Name: Arenco
  • Type of tube run: METAL
  • Machinery Weight: 1763.68 lb
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Located in: Europe

We buy Arenco GAB 50/60 HERTZ in bulk. Click here to get a free valuation.

Glatt gs300 | Grinders

  • Machinery Dimensions: 43.31 x 35.43 x 29.92 in
  • Model: gs300
  • Manufacturer Name: Glatt
  • Year: 2008
  • Machinery Weight: 1102.30 lb
  • Located in: Europe

We buy Glatt gs300 in bulk. Click here to get a free valuation.

Berger Instruments 719/00000/34 7603; 0306T; 0312FMG023; 110-240 VOLTS 50/60 HERTZ | Chromatography

  • Machinery Dimensions: 65 x 13 x 23 IN
  • Model: 719/00000/34
  • Voltage: 110-240 VOLTS
  • Serial Number: 7603; 0306T; 0312FMG023;
  • Manufacturer Name: Berger Instruments
  • Machinery Weight: 85 LBS
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Recommended Packaging Form: PALLET
  • Located in: MA, USA

We buy Berger Instruments 719/00000/34 7603; 0306T; 0312FMG023; 110-240 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Elbanton 230 VOLTS 50 HERTZ | Incubators

  • Machinery Dimensions: 70.87 x 35.43 x 66.93 in
  • Temperature Range: 0-100 DEG C
  • Manufacturer Name: Elbanton
  • Machinery Weight: 661.38 lb
  • Voltage: 230 VOLTS
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 1
  • Located in: Antwerpen, Belgium

We buy Elbanton 230 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Edwards E2M18 | Miscellaneous Lab Equipment

  • Model: E2M18
  • Manufacturer Name: Edwards
  • Located in: North America

We buy Edwards E2M18 in bulk. Click here to get a free valuation.

Sorensen DLM20-30M9G 1345A00008,1525A00423 115-230 VOLTS 50/60 HERTZ 714 WATTS | Miscellaneous

  • Serial Number: 1345A00008,1525A00423
  • Machinery Dimensions: 38 x 9 x 2 IN
  • Current: 714 WATTS
  • Model: DLM20-30M9G
  • Manufacturer Name: Sorensen
  • Machinery Weight: 18 LBS
  • Voltage: 115-230 VOLTS
  • Recommended Packaging Form: 19C (22X15X13)
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: San Jose, CA, USA

We buy Sorensen DLM20-30M9G 1345A00008,1525A00423 115-230 VOLTS 50/60 HERTZ 714 WATTS in bulk. Click here to get a free valuation.

Lee Industries, Inc. 22449-1-3 100 GALS STAINLESS STEEL 75 PSI 2 HP 500 IN 36 IN 48 IN 24 IN 230/460 VOLTS 50/60 HERTZ | Tanks

  • Machinery Dimensions: 84 x 48 x 79 IN
  • Outside Diameter: 500 IN
  • RPM: 1725
  • HP or KW: 2 HP
  • Internal Pressure Rating: 75 PSI
  • Country Cert. (Example National Board, CDN, CE Marked): 8930
  • Capacity of Tank: 100 GALS
  • Serial Number: 22449-1-3
  • Manufacturer Name: Lee Industries, Inc.
  • Straight Side: 24 IN
  • Inside Diameter: 36 IN
  • Type of Top Head: DISHED
  • Type of Bottom Head: DISHED
  • Overall Height: 48 IN
  • Internal Temperature Rating: 300 DEG F
  • Vertical or Horizontal: VERTICAL
  • Agitation: YES
  • Tank Material of Construction: STAINLESS STEEL
  • Machinery Weight: 800 LBS
  • Year: 2002
  • Frequency: 50/60 HERTZ
  • Jacketed: NO
  • Recommended Packaging Form: CUSTOM PALLET
  • Voltage: 230/460 VOLTS
  • Located in: MA, USA

We buy Lee Industries, Inc. 22449-1-3 100 GALS STAINLESS STEEL 75 PSI 2 HP 500 IN 36 IN 48 IN 24 IN 230/460 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Tiger-Vac International Inc. EMI-CWR | Miscellaneous

  • Machinery Dimensions: 36 x 18 x 28 IN
  • Model: EMI-CWR
  • Manufacturer Name: Tiger-Vac International Inc.
  • Machinery Weight: 50 LBS
  • Recommended Packaging Form: PALLET
  • Located in: Forest, VA, USA

We buy Tiger-Vac International Inc. EMI-CWR in bulk. Click here to get a free valuation.

Pester Pac Automation PEWO-pack 450 Compact 203396-10000 60 CPM multi pack 480 VOLTS 50/60 HERTZ 16.5 AMPS | Wrappers/Overwrappers/Bundlers

  • Machinery Dimensions: 76 x 195 x 91 IN
  • Current: 16.5 AMPS
  • Gas Flush: no
  • Single/Multipack: multi pack
  • Model: PEWO-pack 450 Compact
  • Serial Number: 203396-10000
  • Seal Type: OVERLAP
  • Wrapped Packages/Minute: 60
  • Wrapping Method: SHRINK
  • Film: PLAIN
  • Capacity Speed: 60 CPM
  • Manufacturer Name: Pester Pac Automation
  • Machinery Weight: 1000 Pounds
  • CE Marked: YES
  • Year: 2012
  • Frequency: 50/60 HERTZ
  • Voltage: 480 VOLTS
  • Phase: 3
  • Located in: VA, USA

We buy Pester Pac Automation PEWO-pack 450 Compact 203396-10000 60 CPM multi pack 480 VOLTS 50/60 HERTZ 16.5 AMPS in bulk. Click here to get a free valuation.

AZO 425518 045410A 40000 230/400 VOLTS 50 HERTZ | Sieves or Sifters

  • Machinery Dimensions: 39.37 x 39.37 x 78.74 in
  • Model: 425518
  • Serial Number: 045410A 40000
  • Manufacturer Name: AZO
  • Voltage: 230/400 VOLTS
  • Machinery Weight: 881.84 lb
  • Year: 2005
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 3
  • Located in: Austria

We buy AZO 425518 045410A 40000 230/400 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Feton | Fillers

  • Machinery Dimensions: 14 x 18 x 5 IN
  • Manufacturer Name: Feton
  • Recommended Packaging Form: 19C
  • Machinery Weight: 10 Pounds
  • Machinery Weight: 10 LBS
  • Recommended Packaging Form: 19C (22X15X13)
  • Type of Filler: CAPSULE
  • CE Marked: NO
  • Located in: MA, USA

We buy Feton in bulk. Click here to get a free valuation.

CMD 12-16 HR 120 BPM 90 PSI 230/460 VOLTS 50/60 HERTZ | Vertical Form Fill Seal Machines

  • Machinery Dimensions: 78.74 x 59.06 x 70.87 in
  • Capacity Speed: 120 BPM
  • Model: 12-16 HR
  • Manufacturer Name: CMD
  • Machinery Weight: 3306.90 lb
  • Air Requirements: 90 PSI
  • Year: 2002
  • Frequency: 50/60 HERTZ
  • Voltage: 230/460 VOLTS
  • Located in: North America

We buy CMD 12-16 HR 120 BPM 90 PSI 230/460 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

KIWA K12 | Machining Centers

  • Machinery Dimensions: 92.52 x 98.43 x 102.36 in
  • Probing: YES
  • Model: K12
  • Manufacturer Name: KIWA
  • Machinery Weight: 4629.66 lb
  • Coolant Thru Spindle: YES
  • Recommended Packaging Form: CUSTOM
  • Located in: Turkey

We buy KIWA K12 in bulk. Click here to get a free valuation.

SM CAM SM 80 380 VOLTS 0,12 KW | Case Packers

  • Machinery Dimensions: 80.71 x 86.61 x 59.06 in
  • Current: 0,12 KW
  • Air Requirements: Lt/min 70-300 BAR
  • Manufacturer Name: SM CAM
  • Model: SM 80
  • Frequency: 50
  • Machinery Weight: 1322.76 lb
  • Voltage: 380 VOLTS
  • Recommended Packaging Form: CUSTOM
  • Located in: Europe

We buy SM CAM SM 80 380 VOLTS 0,12 KW in bulk. Click here to get a free valuation.

Sunset Equipment MC210PX 18MC831 | Containers

  • Machinery Dimensions: 7.55 x 5.25 x 4.76 ft
  • Model: MC210PX
  • Serial Number: 18MC831
  • Manufacturer Name: Sunset Equipment
  • Machinery Weight: 661.38 lb
  • Year: 2014
  • Located in: Nicaragua

We buy Sunset Equipment MC210PX 18MC831 in bulk. Click here to get a free valuation.

SteinBock Boss WA 10R-1613 222899 2094.37 lb Sit Down | Fork Lift Trucks

  • Machinery Dimensions: 70.87 x 31.50 x 70.87 in
  • Mast Stages: TWO
  • Hours Of Operation: 14000
  • Model: WA 10R-1613
  • Serial Number: 222899
  • Manufacturer Name: SteinBock Boss
  • Capacity Size: 2094.37 lb
  • Battery Charger: Yes
  • Stand Up/Sit Down: Sit Down
  • Lifting Device: FORK
  • Fuel: ELECTRIC
  • Machinery Weight: 13227.60 lb
  • Year: 1998
  • Located in: Debrecen, Hungary

We buy SteinBock Boss WA 10R-1613 222899 2094.37 lb Sit Down in bulk. Click here to get a free valuation.

Agilent Technologies E5515C GB43344467, GB42360913, GB46311229, MY48365086, GB46310771, GB41070101 100-240 VOLTS 50/60 HERTZ 550 VA | Miscellaneous

  • Machinery Weight: 414 LBS
  • Machinery Dimensions: 156 x 18 x 10 IN
  • Serial Number: GB43344467, GB42360913, GB46311229, MY48365086, GB46310771, GB41070101
  • Current: 550 VA
  • Model: E5515C
  • Manufacturer Name: Agilent Technologies
  • Voltage: 100-240 VOLTS
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: San Jose, CA, USA

We buy Agilent Technologies E5515C GB43344467, GB42360913, GB46311229, MY48365086, GB46310771, GB41070101 100-240 VOLTS 50/60 HERTZ 550 VA in bulk. Click here to get a free valuation.