North Carolina Machinery and Equipment Appraisals
Collateral Evaluation Associates, Inc. (CEA) has provided machinery and equipment appraisals in North Carolina 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 North Carolina cities and towns: Alamance; Albemarle; Asheboro; Asheville; Blowing Rock; Boone; Burlington; Cary; Charlotte; Columbus; Concord; Durham; Fayetteville; Gastonia; Greensboro; Hendersonville; Hickory; High Point; Jacksonville; Kannapolis; Kernersville; Laurinburg; Lenoir; Lexington; Madison; Monroe; Mooresville; Pine Hall; Raleigh; Reidsville; Salisbury; Statesville; Sylva; Wake Forest; Waynesville; Wilmington; Winston-Salem.
North Carolina leads the nation in the production of tobacco and is a major producer of textiles and furniture. It grows 40% of all U.S. tobacco, but the continuing trend is toward diversification. Broilers, hogs, turkeys, greenhouse products, sweet potatoes, corn, soybeans, peanuts, and eggs are important. Plentiful forests supply the thriving furniture and lumber industries. The state has long been a major textile manufacturer, producing cotton, synthetics, and silk goods as well as various kinds of knit items. Other leading manufactures are electrical machinery, computers, and chemicals.
The Research Triangle complex near Chapel Hill has spurred high tech manufacturing, as well as bringing federal jobs into the state. The state also has mineral resources: it leads the nation in the production of feldspar, mica, and lithium materials and produces substantial quantities of olivine, crushed granite, talc, clays, and phosphate rock. There are valuable coastal fisheries, with shrimp, menhaden, and crabs the principal catches.
Charlotte developed in the 1980s into a major U.S. banking center, and related businesses have subsequently flourished in the metropolitan area.