Ritchie Bros. Rocky Mountain Event Reaches US$49+ Million

Company News Comments

Ritchie Bros. Regional Auction Events

3,700+ items sold from 5 locations in 1 online event

Ritchie Bros.' regional auction events continue to roll, with our most recent Rocky Mountain auction hosting equipment from 600+ consignors at five locations in one online event. Over two days we sold 3,700+ items for US$49+ million.

"We achieved excellent results in last week's Rocky Mountain regional event, resulting in a lot of very happy consignors, many of whom are eager to sell again soon," said Chad Apland, Regional Sales Manager (Denver), Ritchie Bros.

Sales highlights included…

  • 2017 CMI Bandit 12 portable dry-mix concrete plant – US$500,000
  • 2012 Grove TMS9000E 110-ton 8x4 hydraulic truck crane – US$340,000
  • 2015 Caterpillar 160M3 AWD motor grader – US$275,000
  • 2010 Service King 575 double drum service rig – US$272,500
  • 2019 Caterpillar 330 hydraulic excavator – US$207,500

Equipment in the March 2 – 3 auction was stored at Ritchie Bros. sites in Denver, CO; Salt Lake City, UT; Williston, ND; and two separate locations in Billings, MT. The online auction attracted 11,000+ bidders from 49 countries, with approximately 95% of the equipment purchased by Americans, including 25% sold to Colorado and 10% to Utah.

"Immediately following the auction, we began receiving calls from customers asking how quickly they can get their equipment on the market to take advantage of the strong pricing we are achieving today," added Mr. Apland. "We have IronPlanet sales every Thursday, our Marketplace-E platform is stocked 24/7 with premier assets, and our next Rocky Mountain regional event will be in May—whatever you need, we are here to help!"

Now is a great time to sell—please don't hesitate to contact us so we can start advertising your assets to the world.

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