Hilco Offers You the Three Most Important Attributes You Can Have in a Metals Inventory or M&E Appraisal.
1. Experience
Hilco is a leader in metals industry appraisals. Our practitioners regularly provide valuations involving mills, foundries, metal fabricators and service centers. Hilco has produced more than 500 metals inventory and M&E appraisals with asset values ranging from $5 million to more than $1.0 billion.
2. Validation Through Asset Disposition Capabilities
Hilco—a world leader in asset disposition services—knows metal inventory and M&E asset values, in part because our disposition capabilities support the quality of our appraisals. We understand the market.
3. Meaningful Reporting and Timely Delivery
Our user-defined reports are based upon an understanding of each client’s specific needs, and are delivered on schedule to the client’s request.
Look to Hilco Appraisal Services for your metals inventory and M&E appraisal requirements. Count on Hilco for reliable valuations and quick turnaround. You’ll find personalized involvement by our metals experts at every stage in the appraisal development and delivery process.
Experienced Leadership
Michael Sullivan Team Leader.
Michael is Vice President and Lead Appraiser for the Metals Inventory Specialty Practice. He manages the overall appraisal process for all metals valuations engagements. Michael has over twenty years of metals industry experience. He has extensive experience in product development, toll processing, cold rolled strip steel, scheduling and inventory control. His exposure to the market-driven complexities of the metals industry provides a strong foundation for managing Hilco’s metals inventory appraisal team. Michael has a Bachelors degree in Civil Engineering from the University of Detroit coupled with an MBA in Logistics, Inventory Control and Operations from Michigan State University. Through his educational and work-related training, Michael is able to apply his knowledge of the criteria for valuing ferrous and non-ferrous metals types and forms—from composition to physical condition, and the market factors affecting saleability.
Inventory Specialists
Rob Hevey, Greg Trower and Jesse Marzouk. Rob provides oversight and peer reviews on all metals appraisals. He has an MBA from the University of Chicago Graduate School of Business and is a Certified Public Accountant. His strengths in finance, business systems, asset disposition and wind-downs add great value to the accuracy of our valuations. Greg, who is a senior analyst, has a keen understanding of metals inventories. He has worked on domestic and international assignments involving metals inventories in a broad range of industry sectors including mill producers, service centers, foundries and metals manufacturing. Jesse, a CPA and qualified appraiser, has worked on metals industry valuation engagements for manufacturers, suppliers, service centers, foundries, and scrap yards, and has also valued the metals inventory within rail and automotive companies. His focus has been carbon steel, stainless steel, piping, aluminum, and nickel plating.
Machinery and Equipment Specialists
Metals machinery and equipment appraisalsare conducted under the leadership of Steven Feldman and Joseph Herz. They have a combined 50 years of experience in valuing all types of metalworking machinery including primary metals manufacturing, coil steel processing, machining, fabricating, stamping and scrap metals recycling. Both are AMEA and EAANA certified appraisers. Steve and Joe manage a group of 30 appraisers based in Northbrook, Illinois with satellite offices in Detroit, Atlanta, Charlotte Los Angeles and Oakland. All of Hilco’s appraisers maintain professional certifications with ASA, AMEA or EAANA and have passed USPAP course requirements. As an added measure to assure our values reflect the realities of current market conditions, we draw on recent liquidation data provided by M&E disposition specialists Robert Levy and Steve Wolf and the team at Hilco Industrial. To facilitate this process, Hilco Appraisal Services and Hilco Industrial have developed and integrated their information gathering and reporting systems.
Real Estate Specialists
Consider the time-saving benefits of coordinating real estate valuations with inventory and M&E appraisals. Todd Haney and Hilco’s real estate appraisal group are experienced in valuing metals-related manufacturing and distribution properties and leaseholds.
Hilco’s “Added Value” Promise to You
1. Reliable gross and net liquidation values with clear and accurate exit strategies based on 20-plus years of metals industry experience.
2. When realistic, modeling WIP conversion to finished goods, to maximize value.
3. User-defined appraisal reports, based upon your specific needs. Delivery of reports to promise date.
4. Recommendations on best practices for post-appraisal collateral monitoring to help recognize the early warning signs of declining values.
5. A designated “Point Person” on every engagement to assure proper management of communications, process execution, quality control and the availability of valuation experts to provide appraisal insights and perspectives, helping you get behind the numbers and make better business decisions.
ALL HILCO METALS APPRAISALS ARE USPAP COMPLIANT