Maryland Machinery and Equipment Appraisals

Maryland Equipment AppraisersCollateral Evaluation Associates, Inc. (CEA) has provided machinery and equipment appraisals in Maryland 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 Maryland cities and towns: Baltimore; Columbia; Frederick; Rockville.

Although the fishing industry is declining, the catch of fish and shellfish, chiefly from Chesapeake Bay is substantial, and the state’s annual catch of crabs is the largest in the nation. The coastal marshes abound in wildfowl. Stone, coal, and iron, mined chiefly in the west of Maryland, are much less significant than in the early portions of the 1900’s.

Leading manufactures include electrical and electronic machinery, primary metals, food products, missiles, transportation equipment, and chemicals. Shipping (Baltimore is a major U.S. port), tourism (especially along

Chesapeake Bay), biotechnology and information technology, and printing and publishing are also major industries. Service industries, finance, insurance, and real estate are all important. Many Marylanders work for the federal government, either in offices in Maryland or in neighboring Washington, D.C.

Although manufacturing well exceeds agriculture as a source of income, Maryland’s farms yield various greenhouse items, corn, hay, tobacco, soybeans, and other crops. Income from livestock (especially broiler chickens) and livestock products, especially dairy goods, is almost twice that from crops. Maryland is also famous for breeding horses.