Ohio Machinery and Equipment Appraisals
Collateral Evaluation Associates, Inc. (CEA) has provided machinery and equipment appraisals in Ohio 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.
Collateral Evaluation Associates, Inc. has completed appraisals in the following Ohio cities and towns: Barberton; Beavercreek; Bedford; Canton; Cincinnati; Cleveland; Columbus; Dayton; Fairfield; Fostoria; Greenville; Hamilton; Hillsboro; London; Mansfield; Marietta; Mason; Middlefield; New Philadelphia; Salem; Springfield; Streetsboro; Steubenville; Swanton; Toledo; Twinsburg; Upper Sandusky; Urbana; Youngstown; Xenia; Zanesville.
Ohio is highly industrialized, yet it also continues to draw economic riches from the earth. Among the national leaders in the production of lime, clays, and salt, it is a historic center of ceramic and glass industries. Ohio’s soil supports rich farms, especially where it was improved ages ago by additions of glacier ground limestone. Although most of the state’s income is derived from commerce and manufacturing, Ohio also has extensive farmland, and large amounts of corn, soybeans, hay, wheat, cattle, hogs, and dairy items are produced, although the number of family farms is rapidly dwindling.
Railroads, canals, and highways crisscrossing the state have since the late 19th century provided the means for transporting large amounts of raw materials and manufactures. Lake Erie ports, chiefly Toledo and Cleveland, handle iron and copper ore, coal, oil, and finished materials (including steel and automobile parts). In spite of massive industrial decline since the 1960’s, which has made Ohio the center of the “Rust Belt,” the state retains many manufacturing centers, with an emphasis on heavy industry. Leading products include transportation equipment, primary and fabricated metals, and machinery.