Commercial Laundry Machinery and Equipment Appraisals
Cleaning up: Recovery in healthcare and food service sectors will boost demand for commercial laundry equipment.
Collateral Evaluation Associates, Inc. recently completed an appraisal of the machinery and equipment of a commercial laundry and dry cleaning operation. The machinery and equipment included washer extractors, dryers, dry cleaning machines/systems, presses and support equipment manufactured by well known industry names such as Forenta, Hoffman, Milnor, Unipress, etc.
Appraisal Conclusion: Concluded values were high due to improved market conditions, as well as the relatively newer age and good condition of the subject assets. The industry is notoriously rough on equipment, and onsite inspections are advisable!
Asphalt Manufacturing Machinery and Equipment Appraisals
The used equipment market is heating up!
Demand for asphalt paving products from the highway and road construction markets is improving. The industry’s overall performance was extremely weak over the five year period prior to 2011.
Continued improvements in the domestic economy and anticipated increases in outlays for infrastructure and building construction support a recovery over the next five years. As the construction markets improve, asphalt manufacturers will face similar growth.
CEA recently appraised the machinery and equipment of an asphalt production and paving company. The highest valued asset was a 400 ton per hour continuous mix asphalt plant with a rap system.
Appraisal Conclusion: Although the used equipment market for asphalt and paving related equipment lags the improvements being seen in the general construction markets, demand and values are definitely improving!