JM Wood Hosts Three-Day Auction at Its Headquarters

📅   Fri June 30, 2017 - Southeast Edition #14


(L-R): Olen and Obie Burrage and Brad Permenter of Southern Trucks & Equipment, Philadelphia, Miss., talk about the equipment up for bid.
(L-R): Olen and Obie Burrage and Brad Permenter of Southern Trucks & Equipment, Philadelphia, Miss., talk about the equipment up for bid.
(L-R): Olen and Obie Burrage and Brad Permenter of Southern Trucks & Equipment, Philadelphia, Miss., talk about the equipment up for bid. (L-R): Jerry Rowland, Jerry Rowland Sales, Hazlehurst, Ga., and Johnny Colston and Greg Barwick, both of Barwick Construction, Swainsboro, Ga., discuss their strategy before the sale. Bill Woods (L) of Woods Equipment, Nashville, Tenn., asks Phil Lucius, JM Wood, a question. Michael (L) and Clay Norwood, both of Buddy’s Sand & Gravel, Butler, Ala., consider this motorgrader. Tim Thomas of Tractor & Equipment Company, Birmingham, Ala., test-operates a Komatsu PC160LC excavator. Neal (L) and Ben Lassiter of Dubose Construction, Mount Meigs, Ala., show interest in some of the late-model John Deere machines. Kip Evans (L) of Kip Evans Logging, Gordo, Ala., and Gene Taylor of Warrior Tractor, Northport, Ala., discuss some of the wheel loaders. Peyton (L) and his dad, Adam Stanfield of AL Grading & Excavating, Montgomery, Ala., get a closer look at this Komatsu PC300HD. A pair of 2016 Deere 544K wheel loaders both rolled out at just over $130,000 each.

JM Wood Auction held a big three-day auction June 13 to 15 for construction equipment, trucks, agricultural and forestry machines at its headquarters facility in Montgomery, Ala. Consignors included Alabama Power Company, B and G Rental and Supply, Joe McGee Construction and numerous municipalities.

Highlights of the sale included a 2014 Cat 815F Series II, which was sold online to a customer in Ohio $295,000, and 2015 Kenworth T800 dump trucks, which sold online for $156,000 to a contractor from Northern California

“The internet bidding was strong all three days,” said Bryant Wood, company president. “Contractors are busy and took advantage of the online bidding. Prices have been trending upward as good equipment is in short supply.”

JM Wood's next auction will be a one-owner auction held in Columbus, Ga., for Waggoners Trucking in September.

CEG