South Carolina Machinery and Equipment Appraisals
Collateral Evaluation Associates, Inc. (CEA) has provided machinery and equipment appraisals in South 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 South Carolina cities and towns: Abbeville; Anderson; Barnwell; Bennettsville; Blacksburg; Boiling Springs; Charleston; Clinton; Columbia; Duncan; Easley; Fountain Inn; Gaffney; Greenville; Greenwood; Greer; Inman; Laurens; Lexington; Mauldin; Ninety Six; Pendleton; Rock Hill; Seneca; Simpsonville; Spartanburg; Taylors; Travelers Rest.
South Carolina’s manufacturing industries have historically depended on the state’s agricultural products as well as on water power. For example, the huge textile and clothing industries, centered in the Piedmont, are based on that region’s abundant cotton crop; lumber and related enterprises (such as the manufacture of pulp and paper) rely on the approximately 12.5 million acres of forestland that cover the state, where longleaf and loblolly pine are prevalent. Other leading manufacturers are chemicals, machinery, and automobiles. South Carolina’s mineral resources have been of minor importance to the state’s economy; with the exception of a minor amount of gold, most are nonmetallic materials such as cement, stone, clays, and sand and gravel.
In agriculture, tobacco and soybeans now rival cotton as South Carolina’s chief crops. Broiler chickens and cattle are economically important, and peanuts, pecans, sweet potatoes, and peaches are grown in abundance. Fishing is a major commercial enterprise; the chief catches are blue crabs and shrimp. Military bases and nuclear facilities are important to the economy, and the tourist industry today ranks as the state’s chief source of income.