RITCHIE BROS. SELLS CA$46+ MILLION IN TORONTO, ON AUCTION

Ritchie Bros. gearbox set a new record in gearbox Toronto, ON this week, selling 3,750+gearbox equipment items and trucks over two days for CA$46+ million (US$34+gearbox  million).

The May 7 – 8, 2019 gearbox auction attracted 5,800+ people from 53 countries, including gearbox 4,100+ online bidders. Approximately 88 percent of gearbox the equipment in the auction was sold to slewing bearing Canadian buyers, with gearbox buyers from Ontario purchasing 71 percent, while international gearbox buyers from countries such as Pakistan, Singapore, and the United gearbox Kingdom purchased 12 percent of the equipment. Online bidders purchased gearbox approximately 55 percent of the equipment.

“This was slewing bearing the highest GTV slewing bearing (gearbox gross transactional value) we’ve ever achieved in Eastern Canada,” gearbox said Anna Sgro, SVP, Canada East Sales, Ritchie Bros. “It slewing bearing was also gearbox the most equipment we’ve ever sold in slewing bearing slewing bearing Toronto, slewing bearing consisting of gearbox large packages of gear from several of our longtime, loyal gearbox customers; as well as a motor-reducer great lineup of transportation, slewing bearing construction, gearbox and utility consignments from new customers. On top gearbox of this week’s live onsite event, we also recently sold a 2008 gearbox Grove GMK7450 550-ton all-terrain crane located in Toronto gearbox through our online Marketplace-E sales channel for $1.2 motor-reducer gearbox million!”
 

More than 800 owners sold motor-reducer equipment in slewing bearing the Toronto auction, including the Newmarket, ON-based tunnel slewing bearing contractor Technicore motor-reducer Underground Inc.

“Ritchie Bros. are always great to work with,” said Tony slewing bearing DiMillo, President of Technicore Underground. “Their customer service motor-reducer is excellent, they slewing drive offer a variety of contract options, slewing bearing and motor-reducer have an expansive market reach. We sold just over 25 surplus items this week and  motor-reducer were slewing drive pleased with the  slewing bearing results. We look forward to working with them again motor-reducer in the future.”

Toronto slewing drive sales highlights included slewing bearing:

• A 2012 slewing drive Caterpillar D8T dozer sold for motor-reducer CA$355,000
• A 2013 slewing drive Peterbilt 367 T/A w/ National motor-reducer NBT 30H 30-ton boom truck sold for CA$270,000
• A 2002  slewing drive Caterpillar 627G motor motor-reducer scraper sold for CA$260,000
• A 2012 slewing drive Western Star 4900 tri-drive motor-reducer hydro vacuum truck sold for CA$200,000
• A 2017 slewing drive Western Star 4900SB Tri/A motor-reducer dump truck sold for CA$180,000
• A 2019 slewing drive Peterbilt 389 T/A sleeper heavy haul truck sold for CA$157,500

AUCTION slewing drive QUICK FACTS: TORONTO, ON (May 2019)

• Total slewing drive gross transactional value – CA$46+ million (US$34+ million)
• Amount slewing drive sold to online bidders – CA$25+ million (US$18+ million)
• Total slewing drive registered bidders (in person and online) – 5,800+
• Registered online bidders – 4,100+
• Total slewing drive lots sold – 3,750+
• Number of sellers – 800+