Joe Lundvick Earns Accredited Equipment Appraiser (AEA) Designation


Elk Grove Village, IL: Joe Lundvick, AEA of Perfection Machinery Sales Inc. has earned the Accredited Equipment Appraiser (AEA) designation by completing all of the necessary coursework, testing and market-based experience requirements as set forth by the Association of Machinery and Equipment Appraisers (AMEA). Those possessing 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. Lundvick 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 an unidentifiable appraisal that complies with the AMEA Standards and Procedures of Professional Appraisal Practice.

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 testing 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 John Greene, CEA, AMEA President. "Mr. Lundvick 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."

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 of professional practice, ethical conduct, and market-based experience. For more information on the AMEA, contact: AMEA Director of Member Services Pamela J. Reid at +1-703-836-7900.

Perfection Machinery Sales, Inc., has been serving used machinery customers for over 45 years and is one of the largest used machinery dealers in the World. They specialize in used metalworking, press, fabricating and CNC machine tools, and carry a vast inventory. The company conducts auctions, liquidations, investment recovery programs and appraisals.

As a stocking dealer, Perfection Machinery has been known as a "dealer's dealer" and maintains over 86,000 square feet of showroom space at its main facility in Elk Grove Village, Illinois. They conduct under-power inspections in their machinery showroom 5 minutes from Chicago's O'Hare Airport.

Perfection Machinery Sales Inc is a long-time member of the Machinery Dealers National Association (MDNA), the Association of Machinery & Equipment Appraisers (AMEA), and the European Association of Machine Tool Merchants (EAMTM).

Perfection Machinery employs an experienced and dedicated staff in the areas of sales, procurement, marketing, refurbishment, finance, accounting, and shipping. They provide used machinery customers with a wide array of other services including appraisals, auction and liquidation services, financing, consignment sales, and rentals.

Contact: Joe Lundvick, AEA

Perfection Machinery Sales, Inc.

+1-847-427-3333

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