Collateral Evaluation Associates, Inc. (CEA) has provided machinery and equipment appraisals in Kentucky 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 Kentucky cities and towns: Erlanger; Fort Mitchell; Highland Heights; Lexington; Louisville; Owensboro; Paducah; Paintsville; Paris; Pikeville; Somerset;

Kentucky is noted for the distilling of Bourbon whiskey and for the breeding of thoroughbred racehorses. Tobacco, in which Kentucky is second only to North Carolina among U.S. producers, has long been the state’s chief crop, and it is also its chief farm product, followed by horses and mules, cattle, and corn. Dairy goods, hay, and soybeans are also important.

Kentucky derives the greatest share of its income, however, from industry. Even Lexington, one of the world’s largest loose leaf tobacco markets, is industrialized. The state’s chief manufactures include electrical equipment, food products, automobiles, nonelectrical machinery, chemicals, and apparel. Printing and publishing as well as tourism have become important industries.

Kentucky is also one of the major U.S. producers of coal, the state’s most valuable mineral; stone, petroleum, and natural gas.