Mining, agriculture and manufacturing are top industries in Illinois and drive much of the equipment appraisals there.
Mining – Coal mining is a big business in Illinois, with most of it underground mining. Equipment used in coal mining is frequently appraised.
Agriculture – Illinois has over 70,000 farms covering 75% of its landmass. The state is a major producer of corn and soybeans. Farm equipment used in the production of agricultural products is often appraised for bank loans, auctions and insurance claims.
Manufacturing – The top manufacturing industry in Illinois is, somewhat ironically, the exact machinery that equipment appraisers are often called upon to appraise. Both Caterpillar and John Deere are based in Illinois.