Ritchie Bros. Conducts Multi-Million Dollar Los Angeles Sale

Fri December 26, 2014 - West Edition
CEG

A Volvo L250G wheel loader joins the procession of loaders making their way to the ramp at Ritchie Bros. Los Angeles auction.
A Volvo L250G wheel loader joins the procession of loaders making their way to the ramp at Ritchie Bros. Los Angeles auction.
A Volvo L250G wheel loader joins the procession of loaders making their way to the ramp at Ritchie Bros. Los Angeles auction. Jim Emmett of Mainline Equipment Rentals and Sales in Clovis, Calif., stops to look at a CAT 345C excavator. Components of the Hitachi EX1900-6 front shovel excavator that sold for $1.6 million. David Schwaid (R), president, and David Novak, equipment manager, both of Ecco Equipment, were bidding on the Cat 349E excavator.  Ecco has 18 rental locations and is based in Santa Ana, Calif. The Cat 777F rigid frame mining trucks on display for bidders at the Los Angeles area Ritchie Bros. auction. Polo Sobalbarro of Los Angeles was bidding on the Deere 672A and other machines for export to Nicaragua. Gerald Fix, an estimator of SBI Underground Utilities, Upland, Calif., checks out an Ingersoll Rand double drum roller. SBI  builds substations for Con Edison. Don Scarsella of Scarsella Brothers Contracting in Seattle considers whether he’ll add another Cat 8D to his fleet, which currently has eight.


More than 3,400 bidders participated online and in person at Ritchie Bros. Auctioneers’ multi-million dollar unreserved public equipment auction in Los Angeles, Calif., on Dec. 11, 2014.

Bidders came from 60 countries, including 49 U.S. states. Approximately 49 percent of the equipment was sold to out-of-state buyers, from as far away as Vietnam, Uganda, New Zealand, Saudi Arabia, the Philippines and Jordan. Online bidders purchased 34 percent of the equipment sold (by dollar value).

The auction featured close to 2,500 equipment items, including more than 200 truck tractors and more than 90 pickup trucks, as well as a large selection of excavating equipment, wheel loaders, motor scrapers, rock trucks, crawler tractors, and more.

Two Cat 777F rigid frame mining trucks and a Hitachi EX1900-6 front shovel excavator were among the items sold. For more information, please visit www.rbauction.com.