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AMEA APPRAISER NEWSLETTER

Summer 2011

 

Dear David, 
Charles Winternit2  
If machinery and equipment appraisals play an important part in your business, the AMEA Appraiser can help you stay on top of industry trends. Published quarterly by the Association of Machinery and Equipment Appraisers, The AMEA Appraiser reports on industry news and events, and provides insightful market analyses.

The AMEA is the premier international organization of appraisers with market-based experience who specialize in appraising machinery and equipment.

Some excerpts from our Summer newsletter follow below. To read any of the articles, click on the "read more" link. If you'd like to receive The AMEA Appraiser regularly, I invite you to visit our website to sign up for a free subscription
Sincerely,  
Charles J. Winternitz, CEA
AMEA President  

 

Annual AMEA/ASA Appraisers Forum Big Success
  "Awesome,"  "well-presented" and "very informative" were among the many glowing reviews we received on this year's AMEA/ASA Appraiser Forum held in Chicago on March 24 to 26. Attorney and appraiser Roger Durkin, J.D., M.S., kicked things off with an intensive day-long session on what clients look for in machinery and equipment appraisals, and how best to meet their needs. (Read more.)

North American Economic Outlook Mixed
At the 70th annual MDNA convention held in May, economist Carlos Leitao of Laurentian Bank Securities provided insights into the North American Economy. His key points included the following observations: (Read more.)

We Know What We're Looking At... We Know What It's Worth
At the recent AMEA / ASA Appraisers Forum, I chatted with two bankers who asked how AMEA appraisers differ from ASA appraisers. (Read more.)

CNC Machine Tool Market Rebounds
April U.S. manufacturing technology consumption totaled $396.92 million according to The Association for Manufacturing Technology and the American Machine Tool Distributors' Association. This total, as reported by companies participating in the USMTC program (U.S. Manufacturing Technology Consumption), was down 21.0% from March but up 74.9% when compared with the total of $226.99 million reported for April 2010. (Read more.)

U.S. Manufacturing Continues Solid Growth
The latest ISM manufacturing report shows solid expansion in March 2011 for the 20th consecutive month, despite a minor decline in the index from 61.4 in February to 61.2 in March. An index reading above 50 indicates sector expansion. (Read more.)

All About CNC Machine Tools
Computer Numerical Control (CNC) machine tools are usually described as powered tools where the movement of the spindle along the axes and the movement of the table is controlled by computer instead of manually. Machine tools are described as vertical or horizontal depending on the orientation of the spindle. The functions possible on a machining center include boring, milling and tapping. (Read more.)

 

 

 

 

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Coming Events
Sept. 10, 2011
AMEA Committee and Board Meeting - New Orleans _________________
 Sept. 12-13, 2011
15-Hour USPAP: Personal Property - Milwaukee _________________
Oct. 14, 2011
7 Hour USPAP Course - Chicago _________________

Oct. 14, 2011
AMEA University Social Media Workshop - Chicago

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