Consignments are steadily rolling in and traffic to the Ritchie Bros. website is building rapidly in anticipation of the company's annual auction. Bidders from 105 countries have already completed nearly 300,000 searches for equipment selling in Orlando, while overall traffic to Ritchie Bros.' Orlando web pages is up 48 percent year over year.
Ritchie Bros. ' February Orlando auction is one of the most anticipated equipment events of the year, as thousands of people from around the world vie for the opportunity to purchase equipment from some of the most well-respected companies from the United States, Latin America, Canada and abroad.
JLG Industries Inc. , an Oshkosh Corporation company, and a leading global manufacturer of aerial work platforms and telehandlers, recently opened a new service center in Rock Hill, S.C. JLG adds its newest 13,800-sq.-ft., seven-bay facility to the company's existing service centers in Houston, Riverside, Calif., and Hagerstown, Md.
During the first half of 2017, eight of the top ten metropolitan markets for commercial and multifamily construction starts ranked by dollar volume registered decreased activity compared to a year ago, according to Dodge Data & Analytics. At the same time, metropolitan markets ranked 11 through 20 showed growth for nine of the ten markets, as smaller geographic areas are picking up the slack from the deceleration underway in those cities that have led the commercial and multifamily upturn over the past several years.