Ritchie Bros. is conducting the Company’s first public unreserved auction in Bakersfield, California in 16 years on March 27, 2009 starting at 8:00 a.m. The last multi-million dollar unreserved auction Ritchie Bros. held in Bakersfield was in 1993 when the Company sold over 450 items to more than 500 bidders. The upcoming unreserved auction on March 27th will provide local and international bidders...
Vancouver-based Ritchie Bros. Auctioneers conducted its final unreserved auctions of 2008 last week and is pleased to announce a preliminary gross auction proceeds estimate of US$3.57 billion for the year. This represents a 12% increase over 2007 gross auction proceeds, making this the largest year in the Company’s 50-year history. Ritchie Bros., the world’s largest auctioneer of industrial...
On December 12, 2008, Ritchie Bros. Auctioneers was named to the S&P/TSX Composite Index for the first time in the Company’s 50-year history. Last week Ritchie Bros., the world’s largest auctioneer of industrial equipment, also conducted 10 multi-million dollar unreserved public auctions across North America, including a US$38 million auction in Edmonton, Alberta (on December 11 –...