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Alex Lyon & Son Holds Liquidation Auction June 4 in Richmond, Ky.

Mon June 28, 2010 - Midwest Edition
CEG


Marvin Powell of Allen Company was pleased to land this Komatsu excavator with the winning bid.
Marvin Powell of Allen Company was pleased to land this Komatsu excavator with the winning bid.
Marvin Powell of Allen Company was pleased to land this Komatsu excavator with the winning bid. Jack Lyon calls out the bidding. Monte Pence (L) of JMP Associates joins son Mike Pence of Holt Equipment Company to watch the auction activities. David Prewitt (L) of All Type Pump catches up with Rudd Equipment Company’s Albert Medcalf. (L-R): Bart Rhea of BKBC Machine in Flemington, N.J., joined Hank Spies of Milton CAT in Milford, Mass., and Robby Udelson of Powertrac Equipment in Florida to watch the auction. Ryan (L) and Jeff Armishaw of Tri-City Equipment came in from Toronto, Canada, to look for some bargains. Matt Brannigan (L) and Al Heckmann of Heckman Sales in Dayton, Ohio, keep track of the auction activities. (L-R): Ken Stewart of Stewart Brothers talks about the equipment up for bid with Shannon and Stuart Caudill of RL Caudill Construction, Owingsville, Ky.

Alex Lyon & Son held an auction on June 4 just south of Lexington, Ky., in Richmond. The auction was a complete liquidation sale for Interstate Equipment Sales & Rentals.

Equipment on the block ranged from large construction trucks and excavators to support products such as light plants. As well as online bidders, the auction attracted bidders on site from as far away as Canada and Miami, Fla.

Bidding was competitive and the equipment brought strong prices; A pair of late model Cat D8T’s drew bids of $315,000 and a 2008 Komatsu PC 300LC with 1,600 hours went for $150,000.