Estimated Normal Useful Lives for Mashinery and Equipment Valuation

IndustryNormal UsefulRange
NoNoIndustry Sector NameLife-YearsMinMax
11Aerospace and Defens131114
22Agricultura141315
33Assembly and Manufacturin111012
44Automobile Productio10911
55Banking and Financial Service201724
66Chemical Proces141315
77Computer Equipmen446
88Construction Equipment and Material121114
99Electrical and Steam Production and Distributio292631
1010Food, Beverage and Agricultural Processin171519
1111Furniture-Office/Othe131214
1212Gaming.and Entertainmen647
1313General Plant Equipmen141215
1414Glass Manufacturin181619
1515Hi-Tech Manufacturin11912
1616Hospitality, Food Service and Institutiona121113
1717Iron and Steel Productio201821
1818Laboratory, Science and Engineerin171518
1919Leather Goods Productio161417
2020Linoleum Manufacturin191721
2121Marin252030
2222Material Handling Equipmen171519
2323Medical and Health Science10911
2424Metal Working and Formin181720
2525Mining and Extractive Resource201822
2626Miscellaneou262328
2727Office Equipmen111012
2828Oil and Gas Production and Distributio232125
2929Paint and Varnish Productio201821
3030Photograph121113
3131Plastics Productio131214
3232Printing and Publishin141316
3333Railroad Equipmen242228
3434Refrigeratio181619
3535Rubber Productio151316
3636Soap Manufacturin171518
3737Tankag211923
3838Telecommunications Equipmen111013
3939Telecommunications-Wireless9811
4040Telecommunications-Wirelin11914
4141Textile and Clothing Manufacturin191721
4242Vehicle879
4343Wastewater Treatmen201822
4444Water Filtration Plan201822
4545Wood, Paper and Paper Product181620