Appraiser on Staff

It is our goal to assure you of the highest level of professional service. When you need reliable evaluations and accurate information to help you make complex financial decisions, please call our office, 713-675-4145, for a consultation regarding the best method of valuation to fit your appraisal needs.

Our staff has over 50 years of combined machine tool experience and are ready to offer you their expertise in appraising your machine tools, a single piece or an entire plant.


We have an AMEA-Certified Machine Tool Appraiser on our staff: Mr. Michael Feinstein

Mr. Michael Feinstein, President of Universal Metalworking Equipment, Inc., in Houston, Texas, is a 35-year veteran of the used capital equipment industry, concentrating in used metalworking machinery. His business extends throughout the United States and into Latin America. For over 30 years, Michael has held numerous leadership roles on the Board of Directors of the Machinery Dealers National Association (MDNA), the largest used equipment dealer organization in the world. He served as president of Machinery Information System/LOCATOR Services, publisher of the industry's leading print and online directory of used machinery on offer.

In 1997, Michael was awarded the Earl Elman Distinguished Service Award in recognition of his distinguished and outstanding service to the industry. Michael was a past President of the MDNA and is currently a Trustee of the Austin D. Lucas Scholarship Fund, while also residing on the Board of Directors at the MDNA. He has earned a Bachelor of Business degree in accounting from the University of Texas in Austin. He has also earned his designation as a Certified Equipment Appraiser through the Association of Machinery and Equipment Appraisers (AMEA).

Michael has earned the designation of Certified Machine Tool Sales Engineer (CMTSE) through the American Machine Tool Distributors Association (AMTDA). He has also passed a course in Uniform Standards Professional Appraisal Practices (USPAP) and is currently a trustee of the Austin D Lucas Scholarship Fund as well as a member of the MDNA Board of Directors.

Reasons for Appraising Your Equipment


  • Knowing the value of your assets
  • Sale of Business
  • Dissolutionments
  • Estate Planning
  • Documentation
  • Refinancing
  • Retirement
  • Tax Basis
  • Insurance
  • Litgation
  • Auctions
  • Mergers

Machine Tool Appraisals


Members of the Association of Machinery and Equipment Appraisers (AMEA) are individual machinery and equipment appraisal professionals who have demonstrated their proficiency through testing and peer review. AMEA accredits and certifies its metalworking machinery appraisers through continuing education and written tests, and develops industry standards.