About George Tournas, CEA, SPA

Curriculum Vitae

Machinery & Equipment Appraisals

With an extensive and varied background in Machinery & Equipment Appraisals and Machinery & Equipment sales, George is a seasoned appraiser and dealer with the ability to identify your company's assets and establish clear concise values.

Buying and Selling Assets

Lenders and companies depend on the value of the assets of a company. Georges offers a wide breadth of expertise across an extensive range of industries; he is a multidiscipline appraiser who has directed appraisal projects of multi-locations with multiple appraisers.

Professional Designations

• Association of Machinery and Equipment Dealers, Certified Equipment Appraiser (CEA)
• Certified Machine Tool Sales Engineer, Founding Member
• National Association of Professional Appraisers, Senior Professional Appraiser (SPA)
• New England Business Brokers Association, Secretary 2008 to Present

Professional Experience:

Red Stripe Inc.: 1994 - Present
President & Owner, Senior Machinery and Equipment Appraiser

• Provide machinery & equipment appraisals for lenders, insurance companies and owner's considering buy-sell agreements, liquidations and replacement cost.
• Specializing in manufacturing, assembly equipment, metal cutting and forming equipment.
• Provide appraisals of a wide range of equipment with projects ranging up to $100 million in size.
• Used Equipment Dealer specializing in metal cutting and forming machinery.

Professional Education:

• Over 200 CPE Hours of training in machinery and equipment valuation and appraisal from American Society of Appraisers (ASA), Association of Machinery and Equipment Appraisers (AMEA) American Machine Tool Distributors Association (AMTDA).
• 22 hours Uniform Standards of Professional Appraisal Practice; re-certification 2007.
• Warner & Swasey, Grinding Machinery Division, Two-Year Apprentice Program.

Industry Experience:

• Assembly / Manufacturing
• Automotive Repair
• Distribution Centers
• Machine Shops / Machine Tools
• Medical Offices
• Medical & Research Equipment
• Motor Vehicles
• Office Equipment & Furniture
• Restaurants / Hotels
• Retail Stores

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