Had a chat this morning with a fellow from a governmental lending agency who wanted to know if I’d like to be their go-to equipment appraiser for agricultural equipment in California — from the Mexican border up to the edge of Oregon. Would I? Yessir, I believe I would. Thanks for asking! I’ve written before…Read More
Appraising Recycling Equipment
Recycling equipment appraisals are more and more common as the recycling facilities industry continues to grow. According to a recent study released by waste360, this industry has grown at an annual rate of 3.3% in the years since 2008, despite a slump in prices for recycled commodities during the recession.
What Does the Future Hold for Construction Equipment Values?
As a construction equipment appraiser, I’ve been watching values for for construction equipment rise, and that’s true whatever the reason for the equipment appraisal might be. Generally, construction equipment appraisals are for the purposes of collateral loans or due diligence for buy/sell negotiations, but this year we’ve also provided construction equipment appraisal reports for family…Read More
Appraising CNC Machines
Appraising automated machinery is a regular part of our equipment and machinery appraisal practice. Computer Numeric Controlled (CNC) automated machinery appears on asset lists not only at large manufacturing operations of all types, but also in small custom machining shops. I’ve appraised them for purposes of collateral lending, buy/sell agreements, family law, and insurance purposes….Read More
Appraising Propane Equipment: Customer & Storage Tanks
Whether retail propane companies need an equipment appraised for collateral lending situations, buy-sell agreements, family law, estate tax or any other reason, the equipment appraiser needs to take a good look at not only the basic equipment of the retail propane industry — trucks and trailers, customer tanks, and large volume storage tanks — but…Read More
Appraising Propane Equipment: Delivery Trucks
Earlier, we reviewed current conditions in the retail propane industry, a commodity-based industry in a mature market place suffering from reduced sales and relatively flat projected growth. With a general understanding of the industry situation, the retail propane equipment appraiser can more easily address the interesting challenges in valuing the 3 standard equipment categories of…Read More
Appraising Propane Equipment: Industry Overview
Retail propane companies may need their equipment appraised for collateral lending situations, buy-sell agreements, family law, estate tax or several other situations. Whatever the reason, when appraising retail propane equipment, it’s important for an equipment appraiser to understand the overall retail propane industry as well as how the basic equipment — trucks and trailers, customer…Read More
Appraising Electrostatic Spraying Systems
Most equipment appraisers are captivated by some of the equipment they appraise and that’s certainly true of me. Earlier this year on an equipment appraisal inspection in the Salinas Valley I had the pleasure of chatting with a couple of agricultural mechanics who had modified several dozen ESS (electrostatic spraying systems) sprayers especially for berry…Read More
Raisin Harvesting Equipment: Now & Then
Raisin harvesting equipment has sure changed since I was auditing Sun-Maid raisins with CPA firm KPMG back in the 1980s. Of course that was over 30 years ago, as my son enjoys reminding me! We closed the equipment appraisal office on opening day of the State Fair and took a field trip over to Sacramento…Read More
Trailer Values 2012
I often tweet truck and trailer stats. Partly because I am, after all, an equipment appraiser who enjoys inspecting and researching transportation fleet equipment, and partly because truck and trailer sales could be seen as economic indicators. Last time I wrote about trailers, the used market was strong. That doesn’t appear to have changed, especially…Read More
Rice Harvesters in the Sacramento Valley
Rice harvest is underway! As usual, there’s concern about the weather, but harvest started last month with the early maturing varieties and will continue right into November. It’s fun to see all the videos of rice harvesting rolling onto the internet. Most of those videos are from the Sacramento Valley, where most of the rice…Read More
The Value of Construction Equipment is on the Rise
Construction equipment appraisals are a staple in our business, so I was interested to run across an article in the September issue of MonitorDaily reporting that values of used construction equipment have been on the rise for most of this year. This corresponds with what I’ve been noticing in values for construction equipment appraisals this…Read More