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ATLANTA, GA--Ritchie Bros.
Auctioneers announces a Grand Opening Celebration at their
new facility in Newnan, Georgia on April 8th,
1998.
The Grand Opening Celebration
is being held in conjunction with their 2-day multi-million
dollar unreserved auction on April 8th and 9th.
The industrial auction, with no pre-set minimums, is the
first to be held at their new Newnan facility. The auction
features equipment from Lake Martin Excavating, Utility
Service Company, Hahn Contracting Inc., Georgia Pacific
Corp., Union Camp Corp., Prime Equipment, Pioneer Machinery,
Inc., Dycom Industries, Inc., Hertz Equipment Rental and
other owners. Featured equipment in the auction includes
late-model grapple skidders, crawler tractors, motor scrapers,
and feller bunchers. The auction also includes smaller items
such as forklifts, manlifts, pickups and shop equipment.
On Wednesday, April 8th
and Thursday, April 9th, hundreds of interested
buyers from all over North America and around the world
are expected to come to the Ritchie Bros. sale site to bid
on a variety of logging equipment, trucks and heavy construction
equipment. Hundreds of thousands of dollars can exchange
hands within minutes, as Ritchie Bros. auctions are known
for being fast-paced, exciting events.
"There is a good selection
of logging and earthmoving equipment for sale at our auction,"
says Marty Pope, Vice President U.S. South East region for
Ritchie Bros. Auctioneers. "We're expecting hundreds of
bidders to attend the sale and help us celebrate our Grand
Opening in Newnan. After over a year of construction here
at the site, we're very excited to open the new facility
to our customers!"
Ritchie Bros. is the world's
leading auctioneer of industrial equipment, operating through
50 locations in 14 countries in North America, Europe, Asia
and Australia. The Company sells, through unreserved public
auctions, a broad range of used industrial equipment, including
equipment utilized in the construction, transportation,
mining, forestry, petroleum and agricultural industries.
Ritchie Bros. is a public company; its common shares trade
on the New York Stock Exchange under the ticker symbol RBA.
RITCHIE
BROS. INVITES THE MEDIA TO ATTEND THE AUCTION AND GRAND
OPENING CELEBRATIONS AT:
Sale
Site: 4170 Hwy. 154, Newnan, GA Tel: 770-304-3355
ITINERARY:
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Wednesday,
April 8, 1998
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9:00am
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Official
Ribbon Cutting Ceremony (with Coweta County Commissioner
Charlie Jones, Newnan Mayor Keith Brady, David E.
Ritchie, Chairman & CEO of Ritchie Bros. Auctioneers
and C. Russell Cmolik, President & COO Ritchie
Bros.)
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9:05am
- 4pm
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Day
One of Auction
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6:30pm
- 8:30pm
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Grand
Opening Celebration
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Thursday,
April 9, 1998
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9:00am
- 4pm
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Day
Two of Auction
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DIRECTIONS TO SALE SITE: From
Atlanta Airport take I-85 south for 25 miles to exit 10
Hwy. 154 (McCollum-Sharpsburg Rd.). Turn left across Interstate
to Sale Site on right. (Ritchie Bros.' Internet site is
at: www.rbauction.com)
CONTACTS:
Marty Pope, Vice President
US South East
Ritchie Bros. Auctioneers
Sale site: (770) 304-3355
Or
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