EAGAN, Minn., Feb. 9, 2012 /PRNewswire/ -- Cat Auction Services recently announced that it will hold an unreserved public auction on February 28th beginning at 9 a.m. located at 6101 Chappel Road NE in Albuquerque, New Mexico. This marks the company's first auction in 2012, and one of many auctions this year in partnership with Wagner Equipment Co.

The Auction features equipment from a variety of local consignors to offer a wide selection of equipment. Interested buyers are invited to view the entire equipment list and detailed TA-1 level inspection reports online prior to the event by visiting www.catauctions.com. Equipment will continue to be added until the week of the auction.

Real-time online bidding will be available on the day of the auction through the company's website, but participants are invited to register early, view inspection reports, and place pre-bids.

Cat Auction Services President Rick Albin said, "We are thrilled to bring the Cat Auction Services experience back to the New Mexico area. While our online bidding option is always available and is worth checking out, our LEADERBOARD® and theater seating create an atmosphere that is worth showing up for. The auctions we have hosted with Wagner have been a great experience for customers and it is time to head back to New Mexico." The Albuquerque heavy equipment auction is one of a string of spring auctions, leading into an online timed auction at Cat Auction Services' eQuipment Yard, and live auctions in Houston, Baltimore and Denver.

Albin continued, "Wagner Equipment is one of the Dealer Partners that makes Cat Auction Services unique. Partnering with dealers allows us to offer a range of services, incredible expertise, and a level of transparency with which other companies cannot compete."

Cat Auction Services entered the heavy equipment auction arena in late 2008. Reviews from all corners have been positive, and the auctions have drawn buyers from 49 states and 60 countries.

Cat Auction Services was formed through a unique partnership of Cat dealers with the endorsement of Caterpillar, Inc. The addition of Cat Auction Services to the portfolio of services available to Cat customers and others in the heavy equipment industry builds upon the company's existing customer loyalty.

SOURCE Cat Auction Services

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RELATED LINKS
http://www.catauctions.com