Vermont Machinery and Equipment Appraisals
Collateral Evaluation Associates, Inc. (CEA) has provided machinery and equipment appraisals in Vermont 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 recent appraisals in the following Vermont cities and towns: Burlington; Essex; St. Johnsbury.
Dairy farming has long been dominant in Vermont agriculture, although it has declined somewhat. Apples, cheese, maple syrup, and greenhouse and nursery products are important. The state’s most valuable mineral resources are stone, asbestos, sand and gravel, and talc. In the areas around Rutland and Proctor is a noted marble industry, and at Barre the famous Vermont granite is quarried and processed.
The manufacture of nonelectric machinery, machine tools, and precision instruments is important. The textile industry, once dominant in Burlington, has declined, but the manufacture of computer components, food products, pulp and paper, and plastics has helped to compensate for this loss. Cottage industries have long thrived in Vermont, making a variety of products from knitwear to ice cream, while captive insurance companies (insurance companies owned by the companies they insure) are more recent and growing industry. Tourism is also vitally important to the state economy.