JM Wood Hosts Its 44th Annual Spring Auction

📅   Wed March 29, 2017 - National Edition
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Jimmy (L) and his brother, Ellis Cofield, independent contractors based in Eastman, Ga., check out a Komatsu D65WX dozer
Jimmy (L) and his brother, Ellis Cofield, independent contractors based in Eastman, Ga., check out a Komatsu D65WX dozer
Jimmy (L) and his brother, Ellis Cofield, independent contractors based in Eastman, Ga., check out a Komatsu D65WX dozer Barry Wilson (L) and Danny Blakeney, both of Wilson Logging in Millport, Ala., look over some small Cat dozers. Kevin (L) and Roger McHugh (r) of Brookside Equipment Sales, Phillipston, Mass., look over their notes. Scott Crowe (L) of Crowe Equipment, Jasonville, Ind., and Wally Sexton of Sexton Equipment Inc. based in Santa Claus, Ind., consider bidding on this Cat D8T dozers. Chett (L) and his father, Bob Wigington, of Wigington Contractors, Jasper, Ga., inspect the Hitachi excavators in the sale lineup. John Bollinger of Pioneer Equipment in Savannah, Ga., takes a break on this John Deere 644J wheel loader to jot a few notes. Ed Hallmark (L) and Jerry McLemore of TRAXX Parts & Equipment, Jasper, Ala., climb up on some wheel loaders Steve Gross (L) and Justin Smedley of Gross Farms, Gadsden, Ala., get a better look inside this John Deere 290G excavator. The Wi-Fi lounge area of the newly renovated JM Wood facility offers buyers a new place to grab a seat and monitor the machine sales.

JM Wood Auction Company Inc. held its 44th annual four-day spring sale on March 14 to 17 at its headquarters in Montgomery, Ala. More than 3,000 people attended the sale and thousands more participated online, vying for more than 5,000 lots. The company sold more than $58 million of construction equipment, trucks, agricultural and forestry machines and more. Registered bidders hailed from six continents and 48 states, and online bidding accounted for more than $10 million in sales.

“The prices were far better than expected,” said Bryant Wood of JM Wood. “We drew a pretty wide audience from around the world for this 44th Annual spring auction, but the amount of domestic activity was most encouraging. United States contractors were here buying up for work they have and work they anticipate having. Optimism is high”

The next Montgomery auction is June 13-15. For more information, visit www.jmwood.com.