Massachusetts Machinery and Equipment Appraisals
Collateral Evaluation Associates, Inc. (CEA) has provided machinery and equipment appraisals in Massachusetts since 1990. Our expertise as machinery and equipment appraisers includes medical equipment, construction equipment, manufacturing equipment, industrial equipment, and transportation equipment.
CEA provides machinery and equipment appraisals for the following purposes: asset based loans or refinancing; ad valorem tax purposes; allocation of purchase price; condemnation or eminent domain; FAS141/FAS142 reporting; insurance purposes; leasing; corporate conversions, dissolutions, mergers, purchases, sales, etc.
CEA has completed appraisals in the following Massachusetts cities and towns: Boston; Easton; Fall River; Leominster; N. Attleboro; Pittsfield; Springfield; Worcester.
Massachusetts is traditionally industrial, and with its predominantly urban population, is one of the most densely settled states in the nation. Its many diverse manufactures include electrical and electronic equipment, industrial equipment, technical instruments, plastic products, paper and paper products, machinery, tools, and metal and rubber products. Shipping, printing, and publishing are also important, and the jewelry industry dates from before the American Revolution.
Leading agricultural products include cranberries, greenhouse and nursery items, apples, and milk and other dairy goods. Commercial fishing, chiefly from Gloucester and New Bedford, and shell fishing have declined in recent years. Lime, clay, sand, gravel, and stone dominate the state’s small mineral output.
High technology research and development, finance, and trade are all prominent in the commonwealth’s economy. The service sector, in which tourism is primary, now employs over one third of Massachusetts workers.