Iowa Machinery and Equipment Appraisals
Collateral Evaluation Associates, Inc. (CEA) has provided machinery and equipment appraisals in Iowa 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 Iowa cities and towns: Bettendorf; Cedar Rapids; Des Moines; Fort Madison; Humboldt.
The deep, porous soil yields corn and other grains in tremendous quantities, and the corn-fed hogs and cattle are nationally known. In 1997, Iowa led the nation in the production of corn, soybeans, hogs, and pigs, and ranked in the top 10 in the raising of cattle. Other major crops are hay and oats. Iowa has in recent years taken in the second highest farm income of any state.
Agriculture also benefits the state’s chief industry, food processing, and in Sioux City and Cedar Rapids many factories process farm products. Nonelectrical machinery, farm machinery, tires, appliances, electronic equipment, and chemicals are among the other manufactures. Cement is the most important mineral product; others are stone, sand, gravel, and gypsum. Mineral production is small, however. The communications finance, and insurance industries are especially important in Des Moines.