Ritchie Bros. Holds Final Fort Worth, Texas, Auction of 2016
📅 Sun December 11, 2016 - West Edition #25
Doug Peterson, Peterson Concrete Co. in Little Rock, Ark., has a definite interest in this JLG – Sky Trak.
Ritchie Bros. held its fifth and final Fort Worth, Texas, auction of the year, selling more than 4,950 items over two days for more than $40 million.
More than 4,600 people from 56 countries registered to bid in the Nov. 30 to Dec. 1 auction, including more than 3,200 bidders participating online. U.S. buyers purchased 91 percent of the equipment, including 47 percent purchased by Texas buyers. International buyers from as far away as Hong Kong, Cameroon, and the United Kingdom purchased nine percent of the equipment.
“We saw a record number of bidders for this time of year,” said Bill Hogan, regional sales manager, Ritchie Bros. “This week's auction featured a great selection of oil, gas, power and utility equipment, general construction, vocational trucks and transport trucks, with strong bidding activity producing steady pricing across the board. We would like to thank all the sellers and buyers who participated in this auction or any of our auctions in 2016.”
Ritchie Bros. sold equipment for more than 500 owners in the auction. Highlights included more than 255 truck tractors, more than 385 trailers, more than 90 excavators, more than 75 compactors, more than 65 skid steers, more than 50 loader backhoes, more than 25 dozers, a large selection of drilling equipment and more. All items were sold without minimum bids or reserve prices.
For more information, visit rbauction.com. CEG