Machinery Appraisals in Georgia
M&E Appraisal Associates, Inc. (“M&EAA”) provides certified machinery appraisals in Georgia. M&EAA has accomplished machinery & equipment appraisals, medical equipment appraisals, and inventory appraisals throughout Georgia since 1990.
M&EAA provides machinery & equipment appraisals for use by Georgia business owners, corporations, financial institutions and asset based lenders, accountants, attorneys and other legal professionals.
Georgia machinery & equipment appraisals are provided for the following purposes: asset based lending or refinance; allocation of purchase price (Fair Value); bankruptcy; condemnation or eminent domain; corporate conversions and dissolution; divorce; insurance loss settlement; lease end negotiations; management considerations; mergers, purchases, and sales; and taxation (ad valorem, estate and gift).
The manufacture of textiles and textile products remains one of Georgia’s leading industries. The textile manufacturing industry is centered mainly in the following Georgia cities: Columbus, Augusta, Macon, and Rome. Other major manufacturers include transportation equipment, foods, paper products, and chemicals. Automobile manufacturing is important in the greater Atlanta area. The state is a leading producer of lumber & pulpwood. The state is rich in minerals, although mining is not as important as manufacturing and agriculture. The most valuable minerals produced are stone, kaolin, iron ore, sand, clays and gravel. For more information on Georgia industry, go to the Georgia Department of Economic Development website.
A partial listing of Georgia industries appraised include:
Agricultural Products Processing, Aluminum Products Manufacturing, Apparel Manufacturing, Asphalt Plants & Paving Equipment, Bakeries, Biofuel Production Operations, Boat Manufacturing, Cabinet Manufacturing, Car Wash Operations, Carpet Manufacturing, Chemical Processing Facilities, Concrete Manufacturing, Construction Equipment, Electronic Components Manufacturing, Environmental Testing Laboratories, Extruded Products Manufacturing, Furniture Manufacturing, Gear Manufacturing, Generator Repair Facilities, Glass Manufacturing, Label Printing, Landscaping Equipment, Laundry Facilities, Light Manufactured Goods, Lumber Mills, Machine Shops & CNC Machining Operations, Medical and Diagnostic Testing Equipment, Medical Centers, Nutritional Supplement & Vitamin Manufacturers, Quarries, Packaging & Converting Operations, Pharmaceutical Production Operations, Plastics Manufacturing (injection molding & blow molding), Powder Coating Operations, Printing Operations, Roof Truss Manufacturing, Rubber Hose & Products Manufacturing, Sawmills, Scrap Metals Recycling Operations, Seafood Processing, Structural Steel Fabrication Operations, Surgical Centers, Textile Production Operations, Transportation Equipment and Window & Door Manufacturing.
Recent Georgia machinery & equipment appraisal observations –
M&EAA recently appraised the machinery & equipment of related kaolin processing facilities in Georgia.
Kaolin is white clay that is chemically inert, nonabrasive and possesses a number of characteristics that make it desirable for use in a wide range of industries. These industries include paper and paperboard, paints and coatings, wire and cable, concrete, plastics and agriculture among. The primary use of kaolin is in the paper industry. It serves as a paper coating which improves appearance by contributing to brightness, smoothness and gloss. It also improves printability. Additionally, it is used by the paper industry as filler, reducing cost and the reliance of wood based resources.
The subject machinery & equipment included but was not limited to: crushers, vibratory screens, blungers, centrifuges, evaporators, attrition mills, storage tanks pumps, silos, rail car unloading equipment, hoppers, conveyors, vibratory separators, blending equipment, metal detectors, super sack filling & weighing equipment, wheel loaders, forklifts, over the road trucks & trailers, ship loading equipment, quality control equipment, etc.
Kaolin production is closely tied to the paper product manufacturing industry. Improvements in consumer spending and rising paper product prices have greatly improved revenue for the industry over the last few years. Demand for paper products used to package food service items limits revenue volatility for the industry, as these are relatively non-discretionary products. The forecast for the industry and revenues is stagnant to good.
The appraised values of the subject kaolin processing machinery & equipment was based on the type, age, condition, size or capacity, design, function, utility, and overall anticipated market appeal of the subject items.
Based on the good overall condition of the machinery & equipment population, current positive economic considerations, and strong secondary market appeal, the appraiser concluded favorable values for the subject items.
Gregory F. Feinsinger is the president of M&EAA.
Greg is a Certified Machinery & Equipment appraiser (CMEA) and has over 25 years of machinery & equipment appraisal and inventory appraisal experience throughout the state of Georgia.
To contact M&EAA about the specifics of your prospective machinery & equipment appraisal assignment in Georgia, please call our office at (844) VALUEME (825-8363)