Auction Company Special: A Guide to Industry Auction Companies

Tue January 15, 2013 - National Edition
CEG



Alex Lyon & Son Sale Managers & Auctioneers Inc.

Alex Lyon & Son was founded in 1950 by Alex Lyon as a company that handled private treaty negotiations of cattle and farm machinery.

In 1973, Alex’s son Jack became more involved and began to diversify, working heavy equipment sales into the lineup of services.

Today, the company conducts sales of construction equipment the world over.

Alex Lyon & Son is headquartered in Syracuse, N.Y.

For more information, visit

www.lyonauction.com.

Asset Auctions

Asset Auctions is located at One Adams Place, 310 Seven Fields Blvd., Suite 351, Seven Fields, Pa. 16046.

For more information, visit assetnation.com, a newly revamped company Web site starting in January.

Asset Nation can be reached at 800/856-7445 or customercare@assetnation.com.

CAT Auction Services

Cat Auction Services began in 2008 when five Caterpillar dealerships came together to create an auction company that would enhance the customer relationships they already had. Today Cat Auction Services is 25 Cat dealer partners strong and growing.

For more information, visit

www.catauctions.com.

Davis Auctions Inc.

Davis Auctions Inc. is a public auction house for construction equipment and related supplies. Davis Auctions Inc. has been in business since 1976 selling as an agent for various consignors, including Northeast Utilities, Yankee Gas, Public Service of New Hampshire, various municipalities, banks and private companies. Davis Auctions also provides appraisals for the construction industry. James H. Davis, president of Davis Auctions Inc., is an associate member of the International Society of Appraisers and a member of the New England Appraisers Association.

Davis Auctions Inc. is located at 210 Cheshire Road, Route 68, Prospect, Conn. 06712.

For more information, call 800/201-4368 or 203/758-4087 or visit www.davisauctionsinc.com.

Deanco Auction Co. of Miss. Inc.

Deanco Auction was established in 1992 and specializes in a wide variety of auctions including construction equipment, farm tractors and farming machinery, logging equipment, heavy-duty trucks and trailers in all areas of the United States. The Deanco team brings more than 80 years of combined auction experience to the industry.

The sale site in Philadelphia, Miss., is located on 50 acres, features a 10,000 sq. ft. all-weather drive-thru facility, as well as a 3,850 ft. paved and lighted airstrip. The sale site in Dothan, Ala., was recently remodeled, bringing many new features to the forefront of Deanco’s operations.

For more information, call 877/898-5905 or visit www.deancoauction.com.

Don Smock Auction Company Inc.

Don Smock Auction Company Inc. was founded in 1990. The company holds four major auctions each year at its all-weather drive thru facility, located at 6531 S. State Road 13, Pendleton, Ind., 46064-9194. Don Smock also conducts onsite auctions throughout the Midwest annually.

Don Smock offers additional services including commissioned auctions, outright purchases, trustee liquidations and estate and real estate auctions.

For more information, call 765/778-9277 or visit www.dsaauctions.com.

Hess Auctioneers LLC

Hess Auctioneers LLC was formed in 2007 by four Lancaster county, Pa., business owners with decades of auction and transportation industry experience. They came together to start a company which brings sellers of quality used equipment together with interested buyers at consignment auctions in Marietta, Pa.

The company holds consignment auctions five times per year, with approximately 400 units per sale. Its sales feature tractors, trailers, straight trucks, dump trucks, pickup trucks, construction/material handling/agriculture equipment, RVs, ATVs, boats and much more.

Hess also offers its consignors and bidders: full photo listings on its Web site, national and local print/digital advertising, email marketing, full color brochure mailing, secure storage of equipment, absolute and reserve options, on-site and online bidding, and on-site notary service and fleet liquidation/dispersal services.

Hess Auctioneers LLC is located at 1451 River Road PO Box 10 Marietta, PA 17547.

For more information, call 717/426-2493 or 866/511-2493 or visit www.hessauctioneers.com.

Hunyady Auction Company

Hunyady Auction Company is located at 1440 Cowpath Road, Hatfield, Pa. 19440 and is a full-service provider of machinery and equipment from proposal to payout.

The company is staffed with six licensed auctioneers, settlement bankers and clerks, five certified appraisers, notaries public, advertising coordinators and data input team. Operators, mechanics, and laborers staff complete field setup crews.

For more information, call 800/233-6898 or visit www.hunyady.com.

I.R.A.Y. Auction

I.R.A.Y. Auction was established in 2000 by Col. Ray Henry, a third-generation auctioneer with more than 30 years’ experience. I.R.A.Y. Auction provides a multitude of auction services and benefits, holding both on- and off-site auctions throughout the year to sell, in addition to heavy iron, real estate, personal property, business liquidations and estate auctions.

I.R.A.Y. Auction’s 40-acre auction yard is located at 11935 Hwy 95 NE (on the northwest corner of Hwy 25 and Hwy 95), Foley, Minn. 56329. The site features a drive-over ramp and large registration area with space for vendor booths.

For more information, call 320/968-7230 or visit www.Iraymn.com.

IronPlanet

IronPlanet is an online marketplace for used heavy equipment. IronPlanet offers guaranteed inspection reports and exclusive IronClad Assurance. IronPlanet is backed by Accel Partners, Kleiner Perkins Caufield and Byers, Caterpillar, Komatsu and Volvo.

For more information, visit

www.ironplanet.com.

ITL Auctioneering

ITL Auctioneering is a family owned and operated auctioneering and liquidation company with decades of equipment experience in all types of equipment large and small.

The ITL family has traveled as far as Australia and South Africa assisting companies with the development and implementation of marketing strategies.

The company’s home is a 22-acre site in Taunton, Mass., that is open to the public and gives individuals and companies the ability to bid live on- site or online with Equipmentfacts.com.

ITL Auctioneering is located at 445 Wintrop Street Taunton, MA 02780

For more information, call John or Justin at 508/824-3262 or visit www.itlauctions.us/.

J.G. Auctioneers & Associates Ltd.

Founded in 1972 by James G. Cochran, president, CEO and head auctioneer. In addition to conducting construction equipment auctions, the company offers many services including appraisals and liquidations, and auctions of real estate, industrial equipment, farm equipment and livestock, bankruptcy and consignment auctions.

J.G. Auctioneers will hold sales on site for customers, or at its own complex at 7704 Mapleville Road, Boonsboro, Md., 21713.

For more information, call 301/739-0538 or 800/310-2844 (Md. only); Fax 301/432-2844 or e-mail: info@cochranauctions.com.

JM Wood Auction Company Inc.

J.M. Wood Auction Co. Inc. was founded in 1973 by J. Malcolm and Brenda Wood. Over the years, the company and its reputation grew, becoming recognized as a provider of construction, farm and real estate auctions.

Today, J.M. Wood Auction Co. Inc. is one of the top construction auction companies in the United States, and stands alone as the largest forestry auction provider in the country, according to the company. The company also has evolved to include heavy equipment auctions, machinery auctions, logging equipment auctions and bank auctions.

As the second generation of the family begins learning the business, the core values and integrity that have been there from the start remain an integral part of everything they do.

J.M. Wood Auction Company Inc. is located at 3475 Ashley Road, Montgomery, Ala. 36106 and 115 Belvedere Circle, West Columbia, S.C. 29172.

For more information, visit www.jmwood.com.

Lloyd Meekins & Sons

Auction Company

Lloyd Meekins & Sons Auction Company is a family-owned auction business, which has been in business for more than 35 years. Lloyd Meekins offers everything from small-scale auctions to large multi-day events.

Lloyd Meekins & Sons Auction Company’s main sale site is located at 4070 N.C. Hwy 211, East Lumberton, N.C. 28358. Situated on 150 acres, including a 3,000 sq. ft. all-weather drive-thru facility. and 50 acres of parking.

For more information, call 800/499-6560 or visit www.meekinsauction.com.

Martin & Martin Auctioneers Inc.

Martin & Martin Auctioneers Inc. is a full service auction company with facilities in South Carolina and Mississippi. Established in 1973, Martin & Martin holds memberships in the National Auctioneers Association, South Carolina Auctioneers Association, Mississippi Auctioneers Association and Associated General Contractors and is led by president Deborah S. Martin.

The company’s South Carolina office is located at 1618 Easley Highway, Pelzer, S.C. 29669, phone number 864/947-7888. The Mississippi office is at 2236 Highway 49, Brooklyn, Miss. 39425, phone 601/450-6200.

For more information, visit

www.mmaauction.com.

Motley’s Auction & Realty Group

In 1967, Dick and Pokey Motley started Motley’s Auctions in a Chester, Va., dairy barn.

Today Motley’s employs more than 60 full and part- time professionals in the auction and appraisal industry and offers a full array of asset sale, valuation and management services. In addition, the company has a global reach through internet bidding technology.

Four specialized divisions now make up the Certified Virginia Small Business, Real Estate, Industrial, Antique & Estate and its sister company, Motley’s Richmond Auto Auction, which is led by the second generation, President Mark T. Motley.

Motley’s headquarters is located at 4402 West Broad Street, Richmond, Va., 23230, phone number 877/MOTLEYS.

For more information, visit www.motleys.com.

Petrowsky Auctioneers Inc.

Founded more than 35 years ago, Petrowsky offers auction and appraisal services from its newly expanded main office in North Franklin, Conn. The new space offers 25 acres equipped with a drive-by ramp which allows auction attendees to sit inside the building while equipment is driven by for their inspection and bidding.

Petrowsky also handles auctions in other areas including the underground utility, waste recycling and marine/dredging industries, as well as commercial real estate. Sales can be conducted onsite at consignors’ own yards or Petrowsky offers no-cost use of its facility.

Petrowsky can provide a multitude of flexible auction proposals, any one of which can be custom designed. The three most desired programs, in basic terms, are:

(1) Commission sales with seller paying auction company a percentage of gross sales,

(2) Minimum guarantees with overage sharing, and

(3) Outright company buyouts.

Petrowsky Auctioneers Inc. is located at 275 Route 32, North Franklin, Conn. 06254

For more information, call 860/642-4200 or Email: contact@petrowskyauctioneers.com.

Proxibid

Many trusted auction companies and equipment brands in the industry rely on Proxibid to liquidate their assets. Proxibid offers:

• Secure online buying powered by MarketGuard

• Access to equipment inspection reports, videos and more

Proxibid is the intersection between e-commerce and traditional auctions, providing both buyers and sellers with access to the world’s largest online marketplace and multiple selling solutions for excess inventory since 2001. More than $2 billion in inventory passes through Proxibid’s marketplace annually in product categories that include heavy equipment; agricultural equipment; commercial and industrial equipment and more.

Proxibid is headquartered in Omaha, Neb.

For more information, visit

www.proxibid.com.

Quantos Auctions

Quantos Auctions is brought to customers in partnership by Mitsubishi Corporations’ subsidiaries Nikken, NDT and Americ Machinery along with bidadoo Auctions. Sign up with Quantos Auctions to access sale announcements and online catalogs. Quantos Auctions provides global buyers with an opportunity to source quality used equipment from the most trusted suppliers in North America.

For more information, visit

www.quantosauctions.com.

Ritchason Auctioneers Inc.

Dewain & Beth founded Ritchason Auctioneers, Inc. in 1989 with a quarter of a million dollars in debt before they had their first sale. Upon start-up, Dewain walked away from a six-figure job and Beth wasn’t working. They had a four-year-old son, a house payment and a car payment. Dewain had to borrow some money from a friend to start the business, but he had a very strong feeling that he had to be on his own.

Twenty-four years later, Ritchason Auctioneers is going strong. A true family business, Ritchason Auctioneers now includes Dewain and Beth’s son Brandon, auction coordinator.

Ritchason Auctioneers Inc. is located at 7538 Linwood Rd., Lebanon, Tenn. 37075

For more information, call 800/806-3395 or visit www.ritchason.com.

Ritchie Bros. Auctioneers

Ritchie Bros. Auctioneers was established in 1958 in Kelowna, British Columbia, Canada, by the three Ritchie brothers, Ken, Dave and John.

Throughout the decades, the company expanded and diversified and is today an international company headquartered in Vancouver, British Columbia, Canada with more than 110 locations worldwide and more than 1,600 full-time employees around the world.

Under the leadership of CEO Peter Blake, Ritchie Bros. Auctioneers maintains the tradition of innovation and exceptional customer service that was established by the Ritchie brothers.

For more information, visit

www.rbauction.com.

Roy Teitsworth Inc.

For 43 years Roy Teitsworth Inc. has specialized in the sale of construction, municipal and farm equipment auctions at the customer’s location or at its auction facility in Geneseo, N.Y. The company manages 60 to 70 auctions per year.

Roy Teitsworth Inc. has worked with the sale of construction and heavy equipment for more than 27 years and serves as an auctioneer for a national auction company that specializes in construction equipment. Recognized by the National Auctioneers Association as a leader in the marketing of municipal equipment, Roy Teitsworth Inc. has more than 20 years of experience in this industry. The company also is recognized in New York State by agricultural lenders as a leader in marketing used farm equipment.

Roy Teitsworth Inc. is located at 6502 Barber Hill Road, Geneseo, N.Y. 14454.

For more information, call 585/243-1563 or visit www.teitsworth.com.

Sales Auction Company LLC

A relative newcomer to the auction world, Sales Auction Company was created in 2009 by Samuel M. Sales and Samuel P. Sales (Sr.). The seven-acre facility is located at 55 King Spring Rd., Windsor Locks, Conn. 06096 where auctions are conducted for construction, land care and agricultural equipment, as well as industry related tools and fleet vehicles.

For more information, call 860/627-7506 or visit www.salesacutioncompany.cm.

Steffes Auctioneers Inc.

Robert Steffes founded Steffes Auctioneers Inc. in 1960, primarily to sell farms and livestock. In 1984 the business incorporated and all business operations were moved to Fargo, N.D.

Today, Steffes is a nationally recognized company, that markets farm equipment, construction equipment, industrial equipment and real estate at public auction.

Steffes Auctioneers’ North Dakota office is located at 2000 Main Avenue East, West Fargo, N.D. 58078.

For more information, call 701/237-9173 or visit www.steffesauctioneers.com.

Utility Auctions Inc.

Utility Auctions Inc. is located at 601 Christiana Ave., Wilmington, Del. 19801.

For more information, visit

www.utilityauctions.net.

Vaughan Auction Group LLC

Vaughn Auction Group LLC was founded by C. and Gayle Vaughn and their daughter Jodi Amaya 18 years ago. A privately held company, Vaughn Auction Group serves the construction, financial, fleet and excess liquidation markets primarily in the Southeast, Southwest and Midwest United States regions and international markets.

Vaughn Auction Group held its first aucoin in Oct. 1995 and continues to hold four annual auctions — spring, summer, fall and winter Contractors’ auctions.

The company’s permanent facility is located at 24280 Interstate 20, Wills Point Tex., 75169.

For more information, call 903/873-6777 or fax 903/873 6201.

Western Construction Auction Inc.

Western Construction Auctions Inc. (WCA) is a full-service Industrial Auctioneer specializing in the marketing and sale of construction equipment, trucks and trailers, including transportation, mechanical repairs and equipment reconditioning.

WCA can help buyers assess the condition and value of equipment of interest. Performing equipment inspections providing additional photos and performance reviews and more are a few of the ways WCA serves customers. Online and proxy bidding also are on offer for WCA’s customers.

WCA’s Corporate Office / Auction Yard is located at 2021 Goetz Road, Perris, Calif. 92570.

For more information, call 951/490-0149 or toll free 866/731-7760 or visit wca-online.com.

Wolfe Industrial Auctions Inc.

Located at 9801 Hansonville Road, Frederick, Md. 21702, Wolfe Industrial Auctions Inc. has specialized in heavy equipment auctions since 1978.

The company also offers many additional services including buyouts, liquidations and guarantees and appraisals.

For more information, call 301/898-0340 or visit www.wolfeauctions.com.

Yoder & Frey Auctioneers Inc.

Yoder & Frey was established in 1964 by Elias Frey, Tim Yoder and Jack Higley and conducted its first auction on May 5, 1964 in Saginaw, Mich.

Led by V. Peter Clark today, the company serves the construction equipment, truck, trailer, mining, farming and forestry industries with 10 to 15 auctions annually as well as offering appraisals.

This year, Yoder & Frey will be holding its 39th annual Florida sale in Kissimmee, its 11th annual sale in Darlington, Pa., and its 16th in Bow, N.H.

Yoder & Frey’s permanent auction sites are located at 641 W. Southport Road, Kissimmee, Fla. and 423 Ashwood Road, Darlington, Pa.

Corporate headquarters are at 1670 Commerce Road, Holland, Ohio 43528.

For more information, call 419/865-3990 or toll free 800/842-6221 or visit

www.yoderandfrey.com.