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APPRAISAL SERVICES
Plant & Machinery, Inc. - Auctioneers, Appraisers, Liquidations, Real Estate
Plant & Machinery, Inc. - Auctioneers, Appraisers, Liquidations, Real Estate
 

Why Not Hire an Expert?

PMI’s valuation services are unique to the industry. During our 36 years of operation, PMI has conducted over 1,000 industrial auction, liquidation, and sealed bid sales. Our appraisal team has over 100 years of “real-world” sales experience in the industrial world which we put to work on every valuation project. We bring the power of experience and professionalism to every facet of delivering an accurate, comprehensive, and easily interpreted appraisal report.

 

PMI guarantees that your project will be handled, start to finish, by an experienced professional. We have no “junior” or “associate” appraisers…a fully accredited appraiser with decades of hands-on experience will handle your inquiry, work with you to determine the best value concept for your scenario, conduct inspections and research, and generate a peer-reviewed final valuation report.

 

Understanding the true value of a collection of assets takes more than a cursory look at inventory logs, asset lists, and depreciation schedules. One must understand the whole picture before arriving at value conclusions. Therefore, we put boots on the ground. Our appraisers conduct a thorough physical inspection of the assets where they are, carefully accessing the physical condition of the assets and their surrounding environment.   

 

Our appraisers draw valuation conclusions from an extensive array of reliable market-based sources including our large in-house database of historical sales and valuations, a worldwide network of new and used machinery dealers, original equipment manufacturers, and our customers themselves. Additionally, PMI appraisers analyze the economic and competitive environment, including the industry in which our client operates, to access current and anticipated industry trends that may greatly affect our value conclusions.

 

Our appraisal staff traces its origin to the founding of the Association of Machinery and Equipment Appraisers (AMEA) in 1983 (coincidentally the founding year of PMI).  All of our appraisers are USPAP accredited, carry the Certified Machinery and Equipment Appraiser (CEA) designation, and perform dozens of hours of continuing education per year. 

 

Knowledgeable, Professional, Accredited, and Experienced…these are the fundamentals you can rely upon in every PMI valuation project.

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Robert Brundage.jpg
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Bud Moore.jpg

Areas of Expertise

  • AEROSPACE MAINTENANCE & MACHINING

  • CNC MACHINE TOOLS & MACHINING

  • STAMPING & COIL STEEL PROCESSING 

  • HEAVY FABRICATION & WELDING

  • FOUNDRY & FORGING

  • PRIMARY METALS MANUFACTURING

  • PLASTIC INJECTION & DIECAST MOLD MAKING

  • BLOWN & INJECTION MOLDED PLASTICS

  • PRODUCTION & CUSTOM WOODWORKING

  • CHEMICAL AND FOOD PROCESSING 

  • LOGISTICS & WAREHOUSING EQUIPMENT

  • PORT OPERATIONS & MATERIAL HANDLING

  • MARITIME VESSELS & RELATED OFFSHORE EQUIPMENT

  • OIL & GAS MACHINERY & EXPLORATION EQUIPMENT

  • QUALITY CONTROL & LABORATORY EQUIPMENT

  • CONSTRUCTION MACHINERY & WHEELED VEHICLES OF ALL TYPES

Appraisal Definitions

  • Fair Market Value, In Place: A professional opinion of the estimated most probable price expressed in terms of currency to be realized for property in an exchange between a willing buyer and a willing seller, with equity to both, neither being under any compulsion to buy or sell, and both parties fully aware of all relevant facts, as installed for intended utilization, as of the effective date of this appraisal report.
     

  • Market Value (Fair Market Value): A professional opinion of the estimated most probable price expressed in terms of currency to be realized for property in an exchange between a willing buyer and a willing seller, with equity to both, neither being under any compulsion to buy or sell, and both parties fully aware of all relevant facts as of the effective date of the appraisal report.
     

  • Orderly Liquidation Value: A professional opinion of the estimated most probable price expressed in terms of currency which the subject equipment could typically realize at a privately negotiated sale, properly advertised and professionally managed, by a seller obligated to sell over an extended period of time, usually within six to twelve months, as of the effective date of the appraisal. Further, the ability of the asset group to draw sufficient prospective buyers to insure competitive offers is considered. All assets are to be sold on a piecemeal basis 'as is' with purchasers responsible for removal of assets at their own risk and expense. Any deletions or additions to the total assets appraised could change the psychological and/or monetary appeal necessary to gain the price indicated.
     

  • Forced Liquidation Value (Auction): A professional opinion of the estimated most probable price expressed in terms of currency which could typically be realized at a properly advertised and conducted public auction sale, held under forced sale conditions and under present day economic trends, as of the effective date of the appraisal report. Conclusions taken into consideration are physical location, difficulty of removal, physical condition, adaptability, specialization, marketability, overall appearance and psychological appeal. Further, the ability of the asset group to draw sufficient prospective buyers to insure competitive offers is considered. All assets are to be sold on a piecemeal basis 'as is' with purchasers responsible for removal of assets at their own risk and expense. Any deletions of additions to the total assets appraised could change the psychological and or monetary appeal necessary to gain the price indicated.
     

  • New Replacement Cost Value: A professional opinion of the cost expressed in terms of currency, F.O.B. the manufacturer's plant, to purchase a new item of like quality and specifications. If such an item is unavailable, the appraiser has used his or her best judgment in estimating a value as of the effective date of the appraisal.

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