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Thursday, November 5, 2009

Fleet of Tow Trucks To Be Sold At Auction on Friday in Las Vegas

Here's the release from reuters.com:
More than 1,300 items - including world's largest crawler tractor - to be
sold to the highest bidders on auction day


LAS VEGAS, NV, Nov. 3 /PRNewswire-FirstCall/ - Ritchie Bros. Auctioneers (NYSE
and TSX: RBA), the world's largest industrial auctioneer, will conduct a
large, multi-million dollar unreserved public auction at its Las Vegas auction
site on Friday, November 6, 2009 starting at 7:00 a.m. More than 1,300
equipment items and trucks from close to 160 owners will be sold unreserved to
the highest bidders on auction day, regardless of price.
Items to be sold on auction day include 13 tow trucks and 11 rollback trucks
as part of a complete dispersal of close to 40 equipment items for Northstar
Towing.
"It's a very unique opportunity for Ritchie Bros. to sell an entire fleet of
tow trucks in an auction," says Jim Rotlisberger, Regional Manager, Ritchie
Bros. Auctioneers. "These tow trucks have been very well-maintained by the
owner who is now ready to retire from the business." Tow trucks being sold
include a 2004 Peterbilt 379 60-ton tow truck and a 2005 Peterbilt 378 16-ton
tow truck.
The unreserved auction in Las Vegas on November 6th will also feature two
other complete dispersals for American Asphalt and Grading Co. and Pipes
Paving Inc. American Asphalt and Grading Co. is selling more than 100
equipment items from its grading division, including more than 15 motor
scrapers, 10 service and fuel & lube trucks, rollers, shop tools, water towers
and a Komatsu D575A-the largest crawler tractor in the world. Pipes Paving
Inc. is selling close to 80 equipment items including crawler tractors, wheel
loaders, water trucks and motor graders.
The auction will also feature a large selection of transportation equipment:
more than 45 pickup trucks and 40 truck tractors, more than 40 water trucks,
20 flatbed trucks and an assortment of bottom dump and end dump trailers.
Every item will be sold with no minimum bids or reserve prices. Interested
buyers can inspect, test and compare equipment in the Las Vegas yard during
business hours this week.

Auction details:
----------------
- Location: Ritchie Bros. Auctioneers Las Vegas auction site, 10500
Clark Petersen Blvd, Las Vegas, NV
- Las Vegas auction site tel: +1.702.644.2468 Las Vegas auction site
fax: +1.702.644.2375
- Auction start time and date: Friday, November 6, 2009 at 7:00 a.m.
- Open to the public; registration to bid is free
- Visit the auction site to register to bid in person; photo I.D. is
required. First-time bidders from the U.S. and Canada must place a
refundable US$1,000 deposit when they register. Customers can
inspect, test and compare equipment during regular business hours
this week, and on auction day
- Internet bidders must register online before auction day at
www.rbauction.com; at least 2-3 business days is recommended for
first-time internet bidders.
- Phone the auction site to place a proxy bid. Phone: +1.702.644.2468
- Equipment details, including photos, are available at
www.rbauction.com

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