Ritchie sells 90-plus cranes at Houston auction

By D.Ann Shiffler31 August 2010

Ritchie Bros. Auctioneers reports that it sold 90-plus cranes at its auction site in Houston, TX August 26 - 27. The company said that more than $9 million of cranes were sold at the auction -- the most cranes ever sold by Ritchie Bros. in Houston (by dollar value).

"We had a very successful auction with pricing on equipment and cranes well exceeding our expectations," said Alan McVicker, regional manager, Ritchie Bros. Auctioneers. "The large selection of cranes attracted buyers from around the world and the bidding action remained high throughout the entire auction."

Buyers from as far away as Mexico, Spain, Chile, Venezuela, Canada and the United Arab Emirates purchased cranes in the auction. Among the cranes sold were 70-plus rough terrain cranes and a large selection of all-terrain, crawler and carry deck cranes. The company said a 2008 Tadano GR800XL 80-ton rough terrain crane sold for $430,000 and a 2008 Tadano GR600XL1 60-ton rough terrain crane sold for $400,000 (both purchased by buyers from Canada). A 2006 Link-Belt 138H 80-ton crawler crane was purchased by a local buyer for $425,000, and a 2001 Manitowoc 111 Series B 80-ton crawler crane was purchased by a buyer from Arizona for $355,000.

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D.Ann Shiffler Editor, American Carnes & Transport Tel: +1 512 869 8838 E-mail: d.ann.shiffler@khl.com
Matt Burk VP Sales Tel: +1 312 496 3314 E-mail: matt.burk@khl.com
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