April 7 Indianapolis auction to feature equipment from Endeavor Communications and others

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Mar 25, 2015, 04:22 ET

All equipment at Ritchie Bros. auction will be sold to the highest bidder, no reserve prices or minimum bids

INDIANAPOLIS, IN, March 25, 2015 /PRNewswire/ - Ritchie Bros. (NYSE and TSX: RBA), the world's largest industrial auctioneer, will sell more than 170 equipment items and trucks at an unreserved public auction in Indianapolis, Indiana, on April 7, 2015. The auction features quality equipment from Endeavor Communications and other sellers, including a large selection of flatbed, pickup, and utility trucks, as well as equipment trailers, earthmoving equipment, drilling equipment, and more. Bids can be made in person at the auction site, online at rbauction.com and by proxy.

"This is a great opportunity to buy quality equipment with low hours, low mileage and excellent maintenance records," said Reed Low, Regional Sales Manager, Ritchie Bros. Auctioneers. "Everything will be sold to the highest bidders on auction day, with no minimum bids or reserve prices. We encourage interested bidders to visit our auction site to test and inspect equipment ahead of the auction, then register to bid in person or online. If you're not registered to bid, you could miss a great opportunity to buy on auction day."

Endeavor Communications, a telecommunications cooperative established in 1950, will sell more than 90 equipment items and trucks in the auction, including directional drills, vacuum trailers, utility trucks, pickup trucks, and more.

"We have second-to-none, well-maintained equipment we're selling because the project it was needed for is now complete," said Jay Watkins, Senior Director of Planning and Operations, Endeavor Communications. "The staff at Ritchie Bros. is extremely knowledgeable—they know how to handle any equipment, and I'm looking forward to a successful auction with big crowds."

Specific equipment highlights in the auction include:

A 2013 Vermeer D20X22 Navigator Series II directional drill
A 2010 Vermeer D24X40 Navigator Series II crawler directional drill
A 2008 Vermeer D36X50 Series II crawler directional drill
Six Vermeer MX240 mud mixing systems
Two 2005 International 4400 dump trucks
Six 2008 Chevrolet 3500HD crew cab 4x4 utility trucks
A 2006 Sullair 1150XH Portable 1150 CFM air compressor
And more!

Consignments are still being accepted for the upcoming auction; anyone interested in selling their equipment can contact the Indianapolis auction site at +1.618.688.1625.

Indianapolis, Indiana auction details:

Location: 101 W Stardust Rd, Cloverdale, IN 46120
Time and date: Tuesday, April 7, 2015 at 9:00 a.m. (local time)
Auction site phone: +1.618.688.1625
The auction is open to the public; registration to bid is free; a refundable bid deposit may be required
How to register and bid:
- In person at the auction site
- Online at rbauction.com – register in advance and bid online in real time on auction day; first-time bidders should register several days in advance of the auction
- By proxy – phone the auction site to place a proxy bid
Interested buyers can come to the auction site to inspect, test and compare items ahead of the auction

For more information on the auction, including detailed equipment information and high-resolution equipment photos, visit rbauction.com.

About Ritchie Bros.
Established in 1958, Ritchie Bros. (NYSE and TSX: RBA) is the world's largest seller of used equipment for the construction, transportation, agriculture, material handling, energy, mining, forestry, marine and other industries. Ritchie Bros.^TM solutions make it easy for the world's builders to buy and sell equipment with confidence, including live unreserved public auctions with on-site and online bidding (rbauction.com), the EquipmentOne^TM secure online marketplace (EquipmentOne.com), a professional corporate asset management program, and a range of value-added services, including equipment financing for customers through Ritchie Bros. Financial Services (rbauction.com/financing). Ritchie Bros. has operations in more than 19 countries, including 44 auction sites worldwide. Learn more at RitchieBros.com.

ATTENTION MEDIA: Photos and other media resources are available for use at rbauction.com/media. Members of the public and the media can follow Ritchie Bros. on Twitter @RitchieBros.

SOURCE Ritchie Bros. Auctioneers