Considering obsolescence for recycling equipment Following the most recent transfer of ownership, an expansive multi-generational waste management and recycling corporation in central California needed a business valuation for gift tax return. While a business valuation can be performed without an equipment valuation, in the case of machinery-heavy industries, the prudent option is to involve…Read More
Specialty Equipment: Orchards & Vineyards
Big changes are happening in California agriculture! As farmers convert massive amounts of acreage to orchards and vineyards, abandoning annual crops like tomatoes and rice, farming equipment is changing as well. As one would expect, orchard and vineyard crops use entirely different machinery types, especially for harvesting. This is an interesting transition for appraisers of…Read More
Do You Need an Industry-Specific Valuation Expert?
Equipment appraisers often claim expertise in particular markets. And we do often become experts through our experience in valuing a particular industry throughout the years. In many situations, however, it’s more important to be an equipment appraisal expert than an industry expert! An expert equipment appraiser knows how to research the processes and equipment lines…Read More
Glass Fabrication Equipment Appraising
Recently we had the pleasure of inspecting and appraising a glass tempering and coating plant. Residential window glass production slowed considerably from 2008 to 2014 due to the devastating effects of the Great Recession on the home building market and construction in general. During that period of time a number of firms in the industry…Read More
3 Ways to Calculate Equipment Value, According to USPAP
Let’s say you’re getting an equipment appraisal on your metalworking facility, your food processing plant, a manufacturing facility or trucking company. When you think about how an equipment appraiser might research the values for your fleet vehicles, your food processing equipment, or your CNC machines, drills, presses, etc., you probably assume the sales comparison approach….Read More
Appraising Plastics Industry Equipment
Plastics, as a manufacturing industry with its own specialized equipment that needed to be appraised, started to take hold shortly after World War II. It wasn’t until the late ‘70s and early ‘80s, however, that “modern” plastics really started to come into their own. Nowadays, of course, we’d be hard-pressed imagine a life without plastics;…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
Got CARB? Diesel Off-Road Equipment Deadlines
Is your mobile off-road diesel equipment CARB-compliant? Just in case you missed the memo, reporting and labeling is now mandatory for all off-road fleets per the California Air Resources Board (CARB) mobile off-road diesel equipment regulations. If you haven’t reported your applicable equipment yet, you might want to put a rush on it order to…Read More
Valuing Specialty Equipment: Cost Approach
While equipment appraisal generally depends on Sales Comparison approach, researching an opinion of value takes an interesting turn when we appraise out-of-the-ordinary farm and manufacturing equipment. A California ASA explains the challenges and satisfaction of valuing one-of-a-kind, custom-designed & -built, just-for-our-shop/farm/assembly line creations using the Cost Approach.
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Super Truck Appraisals
Equipment appraisal of “Working Class”–an award-winning customized Peterbilt 359 featured in series 10 of Super Truck limited edition CAT scale collector cards–opens up a new world of trucks for Sacramento machinery and equipment appraiser Jack Young, ASA, CPA. Featuring videos of Colin Stuart’s “Working Class” from YouTube and a link to Stuart’s printing systems transportation business Offset Service Corp. Read More
Liquidation Values: Orderly or Forced?
Equipment appraisal values can vary widely, depending on the premise of value used. The difference between Forced Liquidation Value and Orderly Liquidation Value in particular can be wide, especially when speciality equipment or machinery is involved. Learn more with examples and explanations of why this is so. Read More