Ritchie Bros.' massive Orlando auction still growing

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Jan 31, 2017, 07:00 ET

7,200+ items already listed to be sold in the annual five-day event; consignments still being accepted

ORLANDO, FL, Jan. 31, 2017 /PRNewswire/ - Ritchie Bros. holds more than 120 auctions in the United States each year, but nothing compares to its annual five-day Orlando event each February. For decades, the February Orlando auction has been a bellwether event for the equipment industry—it serves as the big kick-off event for auction season. Three weeks out from the Feb 20 – 24, 2017 auction and there are already more than 7,200 items consigned from 650+ equipment owners, with new items being added every day.

The auction will have equipment for every industry, with particularly large selections of gear for the construction, transportation and lifting industry. Early equipment highlights include: 520+ excavators, 195+ wheel loaders, 125+ dozers, 355+ truck tractors, 370+ aerial work platforms, 95+ cranes, and so much more.

"The February Orlando auction is unique as it's a melting pot of equipment from all across the United States and neighboring countries—many contractors hold onto their equipment for the chance to be a part of this massive auction," said Jake Lawson, Group Senior Vice President, Ritchie Bros. "The equipment selection we will be offering is unmatched anywhere, which results in record bidder registration from around the world. Year after year we set new attendance records with this auction. In February 2016, we had more than 9,850 bidders from 79 countries."

Bids in the auction can be made in person, online at rbauction.com, via the Ritchie Bros. mobile app and by proxy. Online registration is open now; on-site registration begins on February 16.

Equipment will be sold for hundreds for owners, including Gordon, GA-based Sellers Construction Company.

"Ritchie Bros. does an excellent job marketing and finding the right market for every machine," said Rader Sellers, President and Owner of Sellers Construction Company. "We've bought and sold in Orlando several times over the years. What I like about Ritchie is they sell quality equipment. I can get accurate and timely info about the equipment online, along with maintenance records and owner history. No one knows equipment and equipment values like Ritchie Bros."

Preliminary auction schedule (subject to change – check rbauction.com for the latest info):

DAY ONE: Monday, Feb. 20 — Skid steer loaders, multi-terrain loaders, loader backhoes, telescopic forklifts, rough terrain forklifts, scissor lifts, boom lifts, and more
DAY TWO: Tuesday, Feb. 21 — Wheel loaders, motor graders, articulated dump trucks, drilling equipment, forestry equipment, and more
DAY THREE: Wednesday, Feb. 22 — Crawler tractors, cranes, boom trucks, rollers, environmental equipment, aggregate equipment, van trucks, flatbed trucks, and more
DAY FOUR: Thursday, Feb. 23 — Excavators, dump trucks, mixer trucks, water trucks, mechanics trucks and more
DAY FIVE: Friday, Feb. 24 — Truck tractors, trailers, pickup trucks, automobiles, and more

Additional equipment highlights include: 310+ compactors, 245+ skid steer & multi-terrain loaders, 110+ loader backhoes, 75+ articulated dump trucks, 50+ motor graders, 135+ dump trucks, 115+ van trucks, 200 trailers, 65 pickup trucks, and much more.

Consignments are still being accepted. To sell your equipment in the February 2017 Orlando auction, contact your local Ritchie Bros. representative or call +1.855.331.5757.

Volvo's 50^th anniversary "Golden Hauler" articulated dump truck being sold for charity

Ritchie Bros. will be selling the Volvo "Golden Hauler", a celebration of Volvo's invention of the articulated dump truck in 1966, for charity in Orlando this February. This one-of-a-kind, unused Volvo A40G underwent a 650-hour, $15,000 make-over and toured the United States and Canada in 2016. All the proceeds from the sale of the truck will go to SkillsUSA and Skills Canada. For more information about the truck, visit rbauction.com.

For more information about the Orlando auction, visit rbauction.com/Orlando.

About Ritchie Bros.
Established in 1958, Ritchie Bros. (NYSE and TSX: RBA) is the world's largest industrial auctioneer, and one of the world's largest sellers of used equipment for the construction, transportation, agriculture, energy, mining, forestry and other industries. Ritchie Bros.^TM asset management and disposition solutions include live unreserved public auctions with on-site and online bidding; EquipmentOne^TM, an online auction marketplace; Mascus, a global online equipment listing service; private negotiated sales through Ritchie Bros. Private Treaty; and a range of ancillary services, including financing and leasing through Ritchie Bros. Financial Services. Ritchie Bros. has operations in 19 countries, including 45 auction sites worldwide. Learn more at rbauction.com, EquipmentOne.com, mascus.com, rbauction.com/privatetreaty and rbauction.com/financing.