Thousands bid on CA$61 million of equipment in Ritchie Bros. Edmonton auction
"Our unreserved public auctions benefit both buyers and sellers, which is why we're selling more equipment and attracting more bidders than ever before," said
The owners of McNally Contractors Ltd, a general road contractor in Lethbridge, Alberta, sold dozens of equipment items at the
"We were quite pleased with the results of the auction, especially in light of the economy right now," said
Edmonton auction quick facts - Over CA$61 million (US$57 million) of equipment sold - Online bidders purchased over CA$12 million (US$11 million) of equipment (20% of the total) - 5,120+ equipment items - 6,020+ bidders (total) - 1,870+ online bidders
Among the equipment sold: a 2007 Kenworth C500B T/A Tri-Drive sleeper boom truck that sold for CA$590,000 (US$548,000), a 2008 Cat 815F Series II compactor that sold for CA$305,000 (US$283,000), a 1998 Cat D6R LGP mulcher that sold for CA$260,000 (US$242,000) and a 2007 International 4100 service truck that sold for CA$100,000 (US$93,000).
There are 77 unreserved Ritchie Bros. auctions on the upcoming auction calendar at www.rbauction.com, including the next auction at the Company's
About Ritchie Bros.
Established in 1958, Ritchie Bros. Auctioneers (NYSE andTSX: RBA) is the world's largest industrial auctioneer, selling more equipment to on-site and online bidders than any other company in the world. The Company has over 110 locations in more than 25 countries including 38 auction sites worldwide. Ritchie Bros. sells, through unreserved public auctions, a broad range of used and unused industrial assets, including equipment, trucks and other assets utilized in the construction, transportation, agricultural, material handling, mining, forestry, petroleum and marine industries. The Company maintains a web site at www.rbauction.com and sponsors an equipment wiki at www.RitchieWiki.com.
Investors and potential investors should note that this information may not be indicative of the overall financial performance of the Company for this or any period.
For further information: For further information: Kim Schulz, Manager, Corporate Communications, Ritchie Bros. Auctioneers, Mobile: (604) 788-5379 or email: [email protected]; Or Jake Lawson, Regional Manager, Ritchie Bros. Auctioneers, Edmonton auction site tel: (780) 955-2486
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