The AMEA was founded on the belief that direct involvement in the marketplace is the key to formulating accurate valuations. Therefore, AMEA accredited members are involved on a daily basis in the buying, selling and appraising of machinery and equipment
Elk Grove Village, IL (Vocus) October 29, 2010
David R. Pietig of Arlington Plastics Machinery earns Accredited Equipment Appraiser (AEA) certification from the Association of Machinery and Equipment Appraisers (AMEA).
David Pietig, Operations Manager of Arlington Plastics Machinery, Inc., has earned the AEA designation by completing all of the necessary coursework, testing and market-based experience requirements as set forth by the AMEA. Those possessing the AEA designation are recognized in the used machinery and equipment industry, as well as by banks and lending institutions, as the authority in providing professional, reliable and accurate appraisal reports on machinery and equipment.
In order to earn the Accredited Equipment Appraiser designation, Mr. Pietig had to possess a minimum of three years experience in buying, selling and/or appraising used machinery and equipment in the marketplace, pass the AMEA exam on technical and ethical issues and submit and pass a review of unidentifiable appraisal that complies with the AMEA Standards and Procedures of Professional Appraisal Practice.
Pietig has 15 years of industrial equipment experience, specializing in the purchase, sale, liquidation and valuation of plants, machinery and related industrial assets. He has extensive experience relative to production blow molding, blown film, extrusion, injection molding and thermoforming machinery, in addition to the full range of ancillary and support equipment common to the plastics processing industry.
Pietig is regularly called upon by numerous parties to render opinions and judgments concerning equipment values, marketability, condition, useful life and other pertinent valuation elements. Further, he has participated in liquidations of various industrial facilities in a range of locations in North America. His equipment activities have taken him across the United States in addition to Canada, Mexico and the United Kingdom.
Arlington Plastics Machinery is a member of The Machinery Dealers National Association (MDNA) and the Society of Plastics Engineers (SPE). Pietig has produced several seminars on the proper identification and qualification of plastics processing machinery for equipment dealers, equipment appraisers, and trade organizations.
Retention of the AEA certification includes the completion of 70 hours of continuing education every five years, successful appraisal review every two years, complying with all Standards and Procedures of Professional Appraisal Practice and current and testing as specified by USPAP renewal policies.
“The AMEA was founded on the belief that direct involvement in the marketplace is the key to formulating accurate valuations. Therefore, AMEA accredited members are involved on a daily basis in the buying, selling and appraising of machinery and equipment,” said R.F. Mulqueen, CEA, AMEA President. “Mr. Pietig has been added to the rolls of Accredited Equipment Appraisers based on his market-based experience and knowledge, and his commitment to maintaining the highest standards in the appraisal industry.”
For additional information about David Pietig’s AMEA certification, contact David Pietig or visit http://www.arlingtonmachinery.com.
For more information on the AMEA, contact AMEA Director of Member Services, Pamela J. Reid at 703-836-7900.
About the Association of Machinery and Equipment Appraisers:
The Association of Machinery and Equipment Appraisers (AMEA) is the premier international association of appraisers who specialize in used machinery and equipment. The AMEA’s mission is to certify and accredit the most qualified capital equipment appraisers in the appraisal industry through promotion of standards and professional practice, ethical conduct and market-based experience.
About Arlington Plastics Machinery, Inc.:
Arlington Plastics Machinery has been serving the plastics, packaging and chemical industries since 1987. Arlington has clients from all over the world, primarily serving North and South America. Arlington Plastics Machinery is conveniently located just minutes from Chicago's O'Hare International Airport. Arlington Plastics Machinery buys, sells and repairs plastic processing machinery and equipment for a single source solution to the industry.
David Pietig, Operations Manager
Arlington Plastics Machinery, Inc.