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Fri November 10, 2017 - National Edition
Ritchie Bros. Auctioneers sold more than 3,800 equipment items and trucks for more than $44 million at its Houston auction site the week of Nov. 6.
More than 4,900 people from 56 countries registered to bid in the two-day auction (Nov. 8 – 9), including more than 3,350 online bidders who purchased 56 percent (more than $25 million) of the equipment. U.S. buyers purchased 82 percent of the equipment, including 44 percent purchased by Texas buyers. International buyers from as far away as Germany, Indonesia and New Zealand purchased 18 percent of the equipment.
"With strong attendance both onsite and online, we achieved solid pricing on both days of the auction," said Alan McVicker, Regional Sales Manager, Ritchie Bros. "There's so much work going on in Texas and the whole Gulf Coast area right now; bidders were active, trying to get all the equipment they need for current and upcoming projects."
Mr. McVicker continued, "I'd like to thank all our consignors and buyers at our Houston auctions this year. Our final Texas auction of 2017 will be in Fort Worth on December 13 & 14 and our IronPlanet weekly featured auctions will continue through the rest of the year."
Equipment in the Houston auction was sold for 590+ owners. The selection included 120+ excavators, 75+ compactors, 55+ skid steers, 50+ loaders, 50+ dozers, 50+ cranes, 335+ truck tractors, 265 trailers and much more. All items were sold without minimum bids or reserve prices.
Sales highlights include:
Auction Quick Facts: Houston (November 2017)
Ritchie Bros. currently has more than 52,000 equipment items listed to sell through onsite auctions, IronPlanet online auctions and its other marketplaces. For detailed equipment info, please visitrbauction.com and IronPlanet.com.
Ritchie Bros. Auctioneers' final Texas auction of the year, in Fort Worth, will be held on December 13 – 14. For those looking to sell equipment in the auction, please contact the site directly at +1.817.237.6544.