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Ritchie Bros. Auctioneers Reaches Record Gross Auction Sales in 2002

Ritchie Bros. Auctioneers Incorporated has announced that it has completed its final auction for 2002 and has achieved gross auction sales in excess of USD $1.37 billion. Final numbers and full financial results will be made public on February 26, 2003....


Ritchie Bros. Sale in Ft. Worth, Texas Sets Internet Bidding Records

Ritchie Bros.’ December 11 to 13 auction in Ft. Worth, TX, generated gross auction sales exceeding $32 million, with a record breaking $5.5 million selling over the Internet, via the company’s rbauctionBid-Live service....


AED Foundation Investors Get Recognized at Annual Meeting

AED members are stepping up and showing their support of AED Foundation programs. The AED Foundation 2003 annual giving campaign started in September and is already making progress with the generosity of many industry leaders....


Walter Vilsmeier, 73, Dies

Walter Vilsmeier, CEO of the former Vilsmeier Equipment Company, and later the CEO of Vilsmeier Auction Company, died Monday, Nov. 25. He was 73. In the business world, Walter Vilsmeier was known for founding the Vilsmeier Auction Company, but to his friends and colleagues, he was noted for his compassion, his indefatigable work ethic and his integrity — all virtues that will leave an indelible memory for those who were fortunate to know him. Vilsmeier got his start in the industry with his father, Fred, who founded Fred Vilsmeier and Sons....


Houston Auction Sets Records for Internet Participation

Ritchie Bros. Auctioneers has announced that it surpassed the $50 million dollar mark in gross auction sales over the Internet for the year, during an auction in Houston, TX. The two-day auction, held on November 6th and 7th at the company’s permanent auction site in Houston, generated gross auction sales in excess of $21 million dollars, including record sales to Internet bidders of more than $3.6 million, using the company’s rbauctionBid-Live service....


Bidders Clean Up at Ritchie Bros. Fort Worth Auction

Ritchie Bros. Auctioneers announced the results of a two-day auction conducted at its facility in Fort Worth, TX, with gross auction sales exceeding $32 million. Of this, a record-breaking $3.4 million worth of trucks and equipment sold in real time over the Internet, via the rbauctionBid-Live service....


Ritchie Bros. Announces Record Results for First Half of 2002

Ritchie Bros. Auctioneers Incorporated announced its financial results for the quarter and six months ended June 30, 2002. Gross auction sales were $707.3 million for the first half of 2002. Net income for the six-month period, excluding a gain on sale of property, was $15.3 million, or $0.91 per diluted share, making this the largest and most profitable first half in Company history....


BidLive Brings Auction, Equipment to Internet Users

How does the time-honored business of auctioneering gain from new technology? By enhancing the operation with astonishing new software called BidLive devised by a self-described “techie.” Pat D’Angelo founded Alliance Commerce Inc., a software engineering company, in February 1999....


Martin & Martin Veep Talks About Company’s Success

A hot summer day in the middle of a dusty wheat field, the auctioneer standing on an old hay wagon, megaphone in hand chanting his call for the bidders and ladies in the background serving lemonade and cookies....


Ritchie Bros. Holds Record-Breaking Auction at New Edmonton Location

Ritchie Bros. Auctioneers held one of its largest ever one-day auctions at the company’s brand new auction facility in Edmonton, AB. With over $31 million (Canadian) in gross auction sales, the unreserved public auction also marks the largest Canadian auction in Ritchie Bros.’ 38-year history....






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