Heath Industrial  concentrates on appraising the value of industrial and commercial equipment.

Our clients are typically asset-based and commercial lenders,  as well as private companies looking to ascertain the value of business assets.

 

We work with clients in the fields of:

  • metalworking
  • metal fabricating
  • woodworking
  • furniture industry
  • sawmills
  • plastics and rubber
  • printing and binding
  • food processing
  • pharmaceuticals and chemicals
  • electronics
  • construction and transportation

A Heath Industrial appraisal takes into account several factors that can influence a property’s value such as:

  • Age?
  • New cost?
  • Are like machines still in use?
  • How easily can the items be removed from a plant?
  • How much demand exists for the equipment?
  • What’s the lead time for new equipment?
  • Geographic location?
  • Does the property present environmental problems?
  • Is it associated with hazardous waste?

Without gathering this information, complied by professionals with a strong knowledge of the unique equipment in each industry, you cannot provide an appraisal based on reliable data. You end up with a valuation based on academic guesswork.
In addition, Heath Industrial works closely with our auction division to establish asset values. This is more fully explained in the auction / appraisal relationship.

If you are in need of an appraisal, contact our appraisal division at 224-836-4700, or click here to contact us directly.