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Energizer’s Plant Closure and How This Affects CMEAs

December 5, 2012

Energizer, the well-known maker of disposable batteries, recently announced that it will close its plant in northwest Missouri in 2013. Unfortunately, this move will leave about 300 workers jobless. Early in November, the company also announced its plans to close its Maryville, Missouri, plant. These plant closures are party of the company’s reaction to the global trend toward rechargeable batteries.

Stories like these are all too common these days, and while it is terrible to see people lose their jobs, plant closures can provide a great deal of opportunity for CMEAs. Every piece of equipment in those two factories will have to be appraised before it is sold, moved to another Energizer facility, or recycled. Networking with other appraisal professionals, becoming part of a professional organization, and doing everything possible to market yourself well will help ensure that if plant closures occur in your area, you’ll be the first person the company calls.

If you are interested in becoming an NEBBI member and getting connected to other appraisal professionals, contact us today!

The NEBB Institute endorses and strives to observe the highest standards of professional ethics to preserve the public trust inherent in the professional appraisal practice. The Institute provides initial and monthly comprehensive education, ongoing support, and a dynamic international network, and certifies professionals in the art of machinery/equipment appraisal and brokerage.

By: NEBB Institute


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