Truman Mox recently completed a concrete equipment appraisal for a long-standing contractor based in Pennsylvania, supporting the firm’s efforts to secure financing and optimize their equipment portfolio. The appraisal included a wide range of machinery used in foundation, paving, and structural concrete work.
With Pennsylvania’s construction sector continuing to grow—especially in commercial and infrastructure projects—this contractor needed a detailed valuation to understand the current fair market value and orderly liquidation value of their key concrete assets.
Equipment Appraised
The scope of the assignment covered both on-site and shop-based equipment, including:
- Concrete mixers (Volumetric and drum-style units)
- Concrete pumps (trailer-mounted and boom pumps)
- Rebar benders and cutters
- Ride-on power trowels
- Concrete saws and core drills
- Formwork systems and vibrators
- Skid steers and small wheel loaders configured for concrete work
Our team conducted an on-site inspection across two job sites and one storage yard in central Pennsylvania, ensuring all serial numbers, usage hours, and condition details were documented for accuracy.
Purpose of the Concrete Equipment Appraisal
The client needed a certified concrete equipment appraisal to present to their lender as part of a larger asset-backed loan package. In addition, the valuation helped the contractor:
- Reassess underutilized equipment for potential resale
- Update insurance coverage based on current asset values
- Plan for upcoming investments in newer, emissions-compliant models
Because the appraisal followed USPAP standards, the report was immediately accepted by their financial institution and insurance provider.
Why Pennsylvania Contractors Need Accurate Concrete Equipment Appraisals
Construction businesses in Pennsylvania face unique challenges, from seasonal slowdowns to varying regulations across counties. Having an accurate, third-party concrete equipment appraisal allows companies to:
- Strengthen their position in financing and lease negotiations
- Make better replacement decisions before downtime becomes costly
- Protect their investment by ensuring adequate insurance coverage
- Prepare for expansion or exit strategies with confidence
It’s also worth noting that many contractors balance not only heavy equipment but also operational essentials such as temporary dumpsters for debris management and site cleanup. Just as with machinery, these supporting assets play a role in keeping projects efficient, safe, and compliant.
Final Thoughts
This project is a strong example of how Truman Mox supports equipment-heavy businesses with reliable, defensible valuations. If you’re a contractor in Pennsylvania—or anywhere in the Mid-Atlantic—looking for a certified concrete equipment appraisal, our team is ready to help.
Need help understanding the value of your concrete equipment?
Contact Truman Mox for a consultation today.