This strategic partnership between Prestige Equipment and Fives has been featured across major financial, manufacturing, and industry media, highlighting growing demand for integrated equipment lifecycle solutions and asset optimization strategies.
World's Leading Provider of Used Machinery
New Partnership Expands Service, Parts & Used Machinery Solutions
Complete lifecycle support — from OEM parts & service to asset recovery and resale.
Prestige Equipment and Fives Machining Systems, Inc. (FMSI) have formed a strategic partnership focused on expanding options across the equipment lifecycle. The collaboration connects FMSI’s OEM-backed service, modernization, and new machine solutions with Prestige’s global resale and asset recovery capabilities — supporting smarter transitions during upgrades, expansions, and facility consolidations.
What This Partnership Means
Manufacturers planning upgrades, consolidations, expansions, or technology changes often need to coordinate new investment, modernization, and surplus asset recovery without disrupting production. This partnership aligns Prestige’s asset disposition and used machinery expertise with FMSI’s OEM-backed lifecycle services—helping customers plan smoother transitions, reduce downtime risk, and improve capital efficiency.
Benefits for Fives Customers
Surplus Asset Solutions 
Trade-In Opportunities 
Certified Appraisals
Benefits for Prestige Customers
OEM Parts & Service 
Retrofit & Rebuilds 
New Machine Solutions 
Fives has always supported manufacturers across the full lifecycle of their equipment. This partnership simply expands the options available for managing, redeploying, and monetizing surplus assets.
Wolfgang Neitzke
Business Development, FivesWho This Helps Most
Manufacturers often face overlapping decisions involving service, modernization, replacement, and surplus asset management. This partnership is built to support organizations that need coordinated solutions across those areas, including companies that are:
- Modernizing production lines and deciding whether to redeploy, retrofit, or replace existing equipment
- Consolidating facilities and need coordinated planning for equipment moves, surplus asset recovery, and site transitions
- Expanding capacity and want to offset capital expenditures through trade-ins or monetization of underutilized assets.
- Managing lifecycle risk with OEM-backed service & preventative maintenance to support long-term reliability and ROI
Speak With a Specialist
Whether you’re planning a modernization project, evaluating surplus equipment, or considering new machine investments, this partnership gives you more ways to move forward.
Complete the form below and we’ll route your request to the appropriate Fives or Prestige specialist.
This partnership expands the options available to manufacturers navigating equipment lifecycle decisions. By aligning Prestige’s asset recovery expertise with Fives’ OEM capabilities, customers gain a more coordinated approach.
Adam Herman
Vice President of Business Development, Prestige EquipmentExplore Cincinnati and Giddings & Lewis Equipment
Fives is the OEM for both Giddings & Lewis and Cincinnati, providing full lifecycle support, while Prestige Equipment
expands access to quality used machines and resale options.
Click a brand below to view available equipment.
Cincinnati
- Machining Centers
- Grinding & Milling Solutions
- Full Lifecycle Support
Giddings & Lewis
- Boring Mills
- Rotary Tables
- OEM Service & Modernization
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