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Ritchie Bros. Unveils New Facility

Ritchie Bros. Auctioneers, a truck and industrial equipment auctioneer, unveiled its new state-of-the-art auction facility in Denver (Mead), Colo., at its grand opening reception held April 4. The event took place at its first unreserved truck and industrial equipment auction held there on April 5 and 6....


Ritchie Bros. Report Reveals Increased Earnings

Ritchie Bros. Auctioneers Incorporated announced net earnings of $17.6 million, or $0.50 per diluted weighted average share, for the quarter ended March 31, 2007, a 33 percent increase over the comparable period in 2006....


Ritchie Bros. Celebrates Grand Opening of New Facility

Ritchie Bros. Auctioneers unveiled its Columbus auction facility in South Vienna, Ohio, with two events — its grand opening reception held April 10, and its first unreserved truck and industrial equipment auction held April 11 and 12, 2007....


IronPlanet Continues Stellar Journey in Auction Industry

It was an entry in an annual Harvard entrepreneurial competition in 1999 and it didn’t win. In fact, nobody in the Boston area seemed to like it much. The idea was simple: to sell heavy-equipment on the Internet to interested customers, using expert inspections of the equipment to ensure quality....


Ritchie Bros.’ Gross Auction Sales Break Record in 2006

Ritchie Bros. Auctioneers Inc. announced its financial results for the year ended Dec. 31, 2006. The company finished 2006 with net earnings of $57.2 million, or $1.64 per diluted weighted average share, a 7 percent increase over 2005 net earnings of $53.6 million, or $1.54 per diluted weighted average share....


Auction Raises $500,000 for Concrete Industry Management Scholarships

The Concrete Industry Management (CIM) program — a business intensive program that awards students with a four-year Bachelor of Science degree in concrete industry management — raised approximately $500,000 at its auction held at World of Concrete. The second annual CIM Auction was held Thursday, Jan....


Accruit Selected as Provider of LKE Services in America

Ritchie Bros. Auctioneers has announced that it has selected Accruit LLC as its exclusive provider of 1031 Like-Kind Exchange (LKE) services in the United States. Ritchie Bros. has further announced that Peter Blake, chief executive officer of Ritchie Bros....


Ritchie Bros. Breaks Company’s Sales Record in Calif.

Ritchie Bros. Auctioneers, released results of its two-day unreserved industrial auction held at the company’s permanent auction site Perris, Calif., near Los Angeles. More than 3,200 truck and equipment items were sold Dec....


Ritchie Bros. Auctioneers Reports Record Quarter, Declares Dividend

Ritchie Bros. Auctioneers announced net earnings for the nine months ended Sept. 30, 2006, of $47.4 million, or $1.36 per diluted weighted average share, which is a record nine-month performance for the company....


Ritchie Appointed Chairman Emeritus

Ritchie Bros. Auctioneers announced that David E. Ritchie will step down as chairman of the board and a director of Ritchie Bros. Auctioneers Incorporated effective Nov. 30. Dave has accepted an appointment to the honorary position of chairman emeritus, also effective Nov....






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