Ritchie Bros. Holds Final Fort Worth, Texas, Auction of 2016

Sun December 11, 2016 - West Edition #25
Construction Equipment Guide

Doug Peterson, Peterson Concrete Co. in Little Rock, Ark., has a definite interest in this JLG – Sky Trak.

Doug Eichelberger, Eichelberger Farms in Hydro, Okla., thinks this Cat 623F scraper can open some new fields for growing.

Richard Stroup of Alan Ritchey Inc. in Valley View, Texas, has just finished putting this John Deere 550K LGP through its paces.

Chris Laman, Laman Equipment Sales in Cave City, Ark., said this Cat D6N is the dozer he is going to bid on.

Stewart Spradley with RKM Excavation, Utilities, Structures and Paving, checks out this Broce Broom RJ 350.

Carson Zimmerman (L) and his dad, Matthew, of Precision Excavating in Wyandotte, Okla., think this Case 650K may go home with them.

Jeff Isom of the Roper Corporation in Odessa, Texas, plans to win the bid on this Cat 420E backhoe.

The cold wind drove many folks inside to use the Timed Auction facilities — and many more were lined up waiting.

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

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