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Ritchason Auctioneers Expands To Second Location

Wed January 05, 2005 - Southeast Edition
CEG



The Lebanon, TN-based Ritchason Auctioneers Inc. is opening its second permanent auction site in Calhoun, GA.

The company is leasing a 13-acre property located adjacent to Interstate 75 in the Calhoun Industrial Park at 530 Old Belwood Road S.E.

Company President Dewain Ritchason opened his first location in an office-front in Pleasant View, TN, in 1989. In the early 1990s, the company moved on to a leased five-acre site in Nashville, TN, for approximately six years. Outgrowing that site, the company moved to Lebanon, TN, in 1998, where it purchased more than 100 acres.

More recently, the company saw a need for constructing a second location in the thriving North Georgia market.

“It’s always been a desire to end up in Georgia,” Ritchason said. The idea has been seriously tossed around for about five years.

“Everything is moving north of Atlanta. The North Georgia market is the growing part of Georgia,” he said.

In addition, Ritchason said the Lebanon site attracts customers from northern Georgia, who now won’t have to travel across the state line.

“There is some excitement in the air,” he said.

The first sale at this new site will be Jan. 29.

“I have two good men” running the new location, Ritchason said.

Heading up the efforts to procure equipment in Calhoun is Ed Baker, who will serve as the company’s Georgia sales manager. Baker is a second-generation auctioneer and grew up in the auction business. Baker said when he was old enough to hold a bidding card, he would be at the sales helping his dad. At 16, he started calling the sales. Baker has been a licensed auctioneer since 1989.

Taking care of business at the new sale site will be the responsibility of Lot Manager David Goodwin, who has been in the equipment business as a contractor for approximately 20 years. He started in the auction business two years ago and will be going back to school in March for additional training as an auctioneer.

The auction company runs the new location from a 26-by-60 ft. office trailer.

Even as the company prepares for its first auction in Calhoun, business is booming at the Lebanon location. Ritchason said he had 250 more registered bidders in December than the previous year for a total of 680.

For more information, call 706/629-4600 or 866/538-5800. CEG