What was this equipment appraiser thankful for in November? I got to spend most of Thanksgiving week working in & enjoying California’s Central Coast, focused on an inspection of a manufacturing concern for tax estate purposes in the Salinas Valley area and one very long day of ASA meetings in Costa Mesa. The non-work related part? A camp-out at Eureka Dunes in Death Valley and some El Capitan Beach days near Santa Barbara. We also had a personalized tour of a surfboard manufacturing shop in Ventura! You can take a similar tour by watching this video.
You may remember my mid-summer ode to the Central Coast. During November, I enjoyed working the farms and manufacturing shops along Hwy 101 & I-5 just as much.
What kind of work takes me into the Central Coast? Ag equipment is the most obvious draw: the Central Coast is reportedly one of the most highly mechanized agricultural areas in the world and a lot of that mechanization needs to be appraised for a variety of reasons. It’s not just the spinach harvesters, though, or the fleets of agricultural transportation trucks and trailers that draw me out to the Central Valley. There’s the accompanying food processing equipment, cold storage facilities, and fertilizer production as well!
Non-ag is just as important. Manufacturing and construction industries are big players in the counties of Santa Barbara, San Luis Obispo and Monterey. Businesses in Salinas, Santa Cruz, Santa Barbara, Monterey, SLO, San Simon, Cambria and Lompoc need equipment appraisals for their construction equipment or manufacturing and plant equipment, whether for collateral lending, due diligence and management decisions, insurance, tax appeals or estate reasons.
Jack Young, ASA CPA
Central Coast Equipment Appraisal
NorCal Valuation
