Phase 2 Begins on $347M BioFuel Plant Construction

Ritchie Bros. Holds Auction for AccuBid Excavation in Md.

Fri May 20, 2011 - Northeast Edition
CEG


Ritchie Bros. recently conducted a one-owner complete disposal of equipment for AccuBid Excavation Inc. The sale was held May 5 at AccuBid’s yard in Mt. Airy, Md.
Ritchie Bros. recently conducted a one-owner complete disposal of equipment for AccuBid Excavation Inc. The sale was held May 5 at AccuBid’s yard in Mt. Airy, Md.
Ritchie Bros. recently conducted a one-owner complete disposal of equipment for AccuBid Excavation Inc. The sale was held May 5 at AccuBid’s yard in Mt. Airy, Md. A Daewoo 300LCV long-reach excavator sold for $95,000. Ritchie Bros.’s mobile registration trailer provided onsite registration for the hundreds of bidders attending the AccuBid auction in Mt. Airy, Md. Bobcat skid steer loaders are lined up and ready for bidding. John Laramore, president of Piedmont Equipment Exchange Inc., Danville, Va., checks the pedals of a Caterpillar D8R. Looking over Topcon 30-GPS system on a John Deere dozer are Jason Pleasants (L) and Jason Riffle (R), both of Kenneth West Inc., Apex, N.C., and Henry Stuckey (in cab) of AccuBid Excavation Inc. Ritchie Bros. Auctioneer Greg Fuqua takes bids onsite and online. Roger Glover, Golden Eagle Construction, Uniontown, Pa., views the auction action from the cab of a Komatsu 750 hydraulic excavator. Bidder number 2404, a.k.a Norman Sines, keeps track of the prices. Joe Boyle of Ritchie Bros. catches a bid on a John Deere dozer. These two John Deere 330LC hydraulic excavators brought $34,000 and $35,000 each.

More than 850 bidders participated online and in-person at Ritchie Bros.’s multi-million dollar unreserved public equipment auction May 5 in Mt. Airy, Md.

The auction was a complete dispersal for Mt. Airy-based AccuBid Excavation Inc., a heavy contractor specializing in site development.

Bidders came from 34 countries, including 49 U.S. states and nine Canadian provinces and one territory. More than 80 percent of the equipment was sold to buyers outside the state, from as far away as Ecuador, Egypt, Saudi Arabia, Malaysia, Lebanon and Mexico. Online bidders purchased approximately 22 percent of the equipment sold.

The auction featured more than 460 equipment items and trucks, including wheel loaders, hydraulic excavators, articulated dump trucks, crawler loaders, motor scrapers, vibratory smooth drum rollers and an unused 2005 Komatsu BR550JG-1 44 X 24 in. jaw crusher, which sold to a Pennsylvania buyer.

For more information, please visit www.rbauction.com.