Work commences on Ritchie Bros. site in New Hampshire

Ritchie Bros. Auctioneers broke ground on its new regional auction site in Manchester (Hooksett), New Hampshire, on May 29, 2013.

The industrial auctioneer’s new 54-acre property will serve as the company's first regional auction site in the state of New Hampshire and as a replacement auction site for Ritchie Bros.' 15-acre regional auction site near Hartford, CT.

The first phase of construction is expected to be completed later in 2013 and it will include substantial earthwork improvements to develop the property into a working auction site of 25 acres. Approximately 18 of the 25 acres will be used for displaying equipment prior to an auction.

Auction facilities planned as part of the first phase will include a temporary large auction tent with full in-person and online bidding capabilities and seating capacity for 300 people, an equipment check-in building, equipment washing facilities with closed loop water recycling technology and a paved parking area for customers.

Ritchie Bros. will continue to conduct unreserved public auctions at its Hartford (Stafford Springs), CT auction site until the new auction site is ready later this year.