Minnesota Machinery and Equipment Appraisal Services

Minnesota Machinery and Equipment Appraisal Services

Minnesota businesses rely on high-performing equipment, whether it’s farm machinery in the Midwest, manufacturing lines in Minneapolis, medical technology in Rochester, or construction fleets in St. Paul. Knowing the true value of your equipment helps you make informed decisions, whether you’re buying, selling, financing, insuring, or handling legal matters.

At Truman Mox, we provide certified, independent machinery and equipment appraisals across Minnesota. Our reports are USPAP-compliant, unbiased, and backed by industry data, ensuring accuracy for business owners, lenders, legal professionals, and financial advisors.

We proudly serve companies across Minneapolis, St. Paul, Rochester, Duluth, Mankato, and beyond.

Why Minnesota Businesses Need an Equipment Appraisal

A certified equipment appraisal protects your business by ensuring you know what your machinery is worth. Businesses use our appraisals for:

  • Selling equipment – Set the right price and negotiate with confidence.
  • Buying machinery – Avoid overpaying and understand long-term value.
  • Securing financing – Lenders require documented valuations for loan approval.
  • Business mergers and transitions – Ensure fair asset distribution.
  • Tax compliance and accounting – Prevent misreporting and meet financial regulations.
  • Insurance claims and legal cases – Back up asset values with defensible reports.

At Truman Mox, we don’t just determine numbers—we provide strategic insights to help businesses make informed financial and operational decisions.

Industries We Work With in Minnesota

Minnesota’s economy spans agriculture, healthcare, manufacturing, and construction, and we provide certified equipment appraisals across a wide range of industries:

  • Agriculture – Tractors, grain storage systems, dairy equipment, and irrigation systems.
  • Manufacturing – CNC machines, automation technology, production lines, and robotics.
  • Construction – Excavators, bulldozers, cranes, and roadwork equipment.
  • Medical & Healthcare – Diagnostic imaging systems, surgical instruments, lab equipment, and hospital assets.
  • Food Processing & Restaurants – Commercial kitchens, brewing equipment, and refrigeration units.
  • Transportation & Logistics – Fleet vehicles, semi-trucks, warehouse racking, and cold storage.

We work with business owners, financial institutions, attorneys, CPAs, and insurance providers to ensure accurate, defensible valuations tailored to industry needs.

Our Minnesota Equipment Appraisal Process

Step 1: Initial Consultation

We discuss your appraisal goals, the type of equipment involved, and the best approach for your business needs.

Step 2: Equipment Evaluation

Our appraisers analyze market conditions, depreciation rates, equipment condition, and industry trends to determine the most accurate valuation.

Step 3: Comprehensive Appraisal Report

We deliver a detailed, USPAP-compliant report with supporting data, photographs, and valuation insights.

Step 4: Use Your Appraisal with Confidence

Our reports are accepted by banks, financial institutions, courts, insurance companies, and business partners for use in financing, sales, legal matters, and asset management.

Need an equipment appraisal in Minnesota? Contact us today to get started.

How Much Does an Equipment Appraisal Cost?

Each appraisal is tailored to your industry, equipment type, and purpose. We offer:

  • On-Site Appraisals – A hands-on, detailed inspection of your equipment for the most precise valuation.
  • Desktop Appraisals – A cost-effective option using provided documentation and market research.

Contact us today for a personalized quote.

What Minnesota Business Owners Say About Truman Mox

David R.
David R.
Mankato, MN
Their appraisal helped us negotiate a fair price for selling our manufacturing equipment. Highly recommended!
Lisa W.
Lisa W.
Minneapolis, MN
They understand the Minnesota market and provided an accurate valuation of our construction fleet. The report was detailed and easy to use.
Mark S.
Mark S.
Duluth, MN
Accurate, fast, and easy to work with. They understand Minnesota industries inside and out.

Why Minnesota Businesses Choose Truman Mox

At Truman Mox, we are more than just appraisers—we are trusted valuation experts helping Minnesota businesses maximize their equipment investments. Businesses choose us because:

  • We understand Minnesota industries – From agriculture to healthcare, we specialize in regional equipment valuation.
  • We provide certified, defensible reports – Our USPAP-compliant appraisals meet lender, legal, and financial requirements.
  • We offer fast, reliable service – Our process is efficient without sacrificing accuracy.

From family-owned farms to large-scale manufacturers, we help businesses across Minnesota make the most of their equipment assets.

Get in touch today to schedule your equipment appraisal.