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Strong Online Bidding Marks JM Wood Three-Day Auction in Montgomery, Ala.

Fri June 29, 2018 - Southeast Edition #14
CEG


A pair of Cat A40F articulated trucks were sold to one buyer at a final bid of $177,500
A pair of Cat A40F articulated trucks were sold to one buyer at a final bid of $177,500
A pair of Cat A40F articulated trucks were sold to one buyer at a final bid of $177,500 (L-R): Doug Stone of Stone Equipment in Montgomery, Ala., and James Stone, Dan Glore and Peyton Ely, all of BL Harbert International in Birmingham, Ala., discuss the machine lineup at this sale. Clay Allen (L) and Jimmy Allen, both of High Pine Farms in Roanoke, Ala., inspect a Deere 750K dozer. (L-R): Randy Henry of Randy’s Excavating in Sunbright, Tenn., chats about a couple of Deere 650K dozers with Josh Grant and John Grant, both of Grant Brothers Farm in Uriah, Ala. (L-R): Buddy Jones, John Chandler and Cody Andrews of Southland Resources in Tuscaloosa, Ala., look over the big dozers, including this Komatsu D375. Jerry Redmon (L) and Jason Redmon, both of Bayshore Construction Company in Bay Minnett, Ala., test operate a Cat 305.5D CR mini-excavator. Dale Hollis (L) of Dale Hollis Farms in Sulligent, Ala., and Toby Patrick of T&T Dirt in Vernon, Ala., look over a Hitachi Zaxis 120 excavator. Brian Burns (L) of Puckett Machinery in Jackson, Miss., and Cliff Campbell of C&C Equipment in Hattiesburg, Miss., talk about the Cat machines about to be auctioned. A package of JCB 3CX eco backhoe loaders rolled across the ramp on construction equipment sale day.

JM Wood held another successful three-day auction at its headquarters facility in Montgomery, Ala., on June 12, 13 and 14.

The total sales volume across the ramp was $33,027,625; $8,000,000 of this total was brought in by online sales.

A whopping 65.9 percent of the entire auction was affected by Internet bidders, forcing the onsite bidders to up their bids in order to win.

Featured sellers included: Alabama Power Company, Kellogg Brown & Root (KBR) and more than 250 other sellers.

Highlights of the auction included: a 2015 Cat D6T XW that brought $390,000 and sold online to a customer in Virginia.

Also featured in this auction was a package of late model Komatsu D375 and D155 crawlers from a large quarry in Florida.

“Online bidding was strong all three days,” said Russ Wood. “Contractors are really busy, so we did a lot of inspections prior to the auction for the guys who were bidding online and did not have time to make the auction in person. We had a record number of registered online bidders for this auction.”

September 18-20 of this year is the next auction in Montgomery.

CEG