Get to know HGR and their new top guy Alex McNealey

“Hit the ground runnin’,” singer David Lee Roth’s lyrical shout from the Van Halen ‘80s rock hit “Unchained,” inspired the name for HGR Industrial Surplus. The MDNA member business took Roth’s advice from the day it opened in 1998 in the Cleveland suburb of Euclid, Ohio — and it’s not about to slow down.
 
Alex McNealey is a few months into his job as HGR’s chief operating officer, and is excited about the prospect of continuing the strong growth and diversification the company has achieved in recent years.
 
“We’re looking to expand and looking toward the international market,” he said in a recent interview. “We’re there whenever a manufacturer needs to facilitate and find buyers in a surplus equipment space.”
 
Alex came to HGR recently, bringing with him a long background in “the operational side of business … when companies need to scale up and achieve efficient growth. I like change.
 
“The only business constant is change,” he opines. “We facilitate that change.”
 
Recent changes have included HGR opening new spaces in Wisconsin and Texas to complement warehouses across the U.S. and Mexico. The range of services the company offers make it an option for almost any machinery business considering expansion, moving, retooling, or liquidation.
 
“One value we provide that is very desirable is that we have the ability to clear their four walls, quickly,” Alex said, adding that other HGR services provide cash up front to sellers; consignment sales; brokerage services, primarily for sales of large equipment; the potential to engage in joint ventures; and facilitating auctions.
 
HGR’s equipment acquisition services have both end users and resellers as its primary customers. “We’ll buy almost anything that is quality equipment,” Alex adds. “and we’re known for having a wide selection.”
 
The company hosted the annual MDNA Cleveland Chapter meeting this spring. Its new leader sees MDNA as “a forum to bring people together, share experiences, and help problem-solve among each other.”

---