Ritchie sells $54 million at Alberta auction

By Shiffler D.Ann10 September 2012

Ritchie Bros. Auctioneers reports that it sold more than approximately $54 million of heavy equipmen

Ritchie Bros. Auctioneers reports that it sold more than approximately $54 million of heavy equipment items during a two-day unreserved public auction at the company's site in Edmonton, Alberta Septem

Ritchie Bros. Auctioneers reports that it sold more than $54 million of heavy equipment during a two-day unreserved public auction at the company's site in Edmonton, Alberta, Canada, September 5-6. Almost 5,000 registered bidders competed for 4,600 heavy equipment items and trucks, including a selection of late model rough terrain cranes, more than 120 T/A truck tractors, more than 75 hydraulic excavators and other equipment.

"This is our fourth auction in Edmonton this year and bidders continue to register in the thousands, prices remain strong and we continue to cultivate a competitive bidding environment both for our buyers and sellers," said Jim Rotlisberger, regional sales manager, Ritchie Bros. Auctioneers. "We had strong prices across all equipment categories."

Almost 5,000 people from 37 countries, including all Canadian provinces and two territories, registered to bid in person or online. Bidders from outside Alberta purchased more than $16 million or 30% of total gross auction proceeds. More than 2,500 of the bidders registered to bid online.

MAGAZINE
NEWSLETTER
Delivered directly to your inbox, World Crane Week Newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
Latest News
Talbert celebrates anniversary of detachable gooseneck
First introduced in 1962, the hydraulic detachable gooseneck technology revolutionized safety in the trailer industry.
Sarens performs critical installation at nuclear site
The Tennessee Valley Authority (TVA) initiated a major nuclear refueling and maintenance outage so that four replacement steam generators could be installed at the Watts Bar nuclear plant.
Seizing the infrastructure opportunity
Now is the time to prepare your company for an impending rise in demand as a result of a surge in infrastructure spending
CONNECT WITH THE TEAM
D.Ann Shiffler Editor, American Cranes & 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
CONNECT WITH SOCIAL MEDIA