New 2,489-square-metre auction building offers convenience and comfort for buyers and consignors from around the world
GEELONG, VICTORIA, March 4, 2013 /CNW/ - Ritchie Bros. Auctioneers (NYSE and TSX: RBA), the world's largest industrial auctioneer, will celebrate the Grand Opening of its new auction facility at its Geelong site, including a new 2,489-square-metre auction building, on March 19, 2013. Company officials will be joined by local dignitaries, who will cut the official grand opening ribbon during a mid-morning ceremony in the main auction theatre. More than 800 heavy equipment items and trucks are currently featured in the Geelong Grand Opening auction, with more items being added daily. All items will be sold unreserved to the highest bidders on auction day, regardless of price.
"We have been conducting auctions in Geelong since 2009 and are proud to offer our customers a new state-of-the-art auction facility," said Warwick Mackrell, Vice President, Sales, Ritchie Bros. Auctioneers. "The site was made with the purpose of making it as easy as possible for contractors to buy and sell equipment locally, across all of Australia and to markets around the world from this one location. And, as with all our unreserved auctions, we are open to the public so we invite everyone to come and check out the auction and the great selection of featured equipment."
The Company's Geelong auction site is now 40±-acres and is conveniently located just off the Princes Freeway, on O'Briens Road—less than an hour's drive west of Melbourne. The new auction building consists of a registration area, a 670-seat main auction theatre where items are brought over a ramp in front of the seated crowd while being sold. There is also a 500-seat capacity Virtual Ramp theatre, where items are shown on a screen while being sold. All equipment items will be on site leading up to auction day, and interested buyers are encouraged to come to the site ahead of time to test and check out the equipment prior to auction day.
Equipment highlights in the auction include hydraulic excavators, crawler tractors, wheel loaders, articulated dump trucks and much more. Consignments are still being accepted; anyone interested in selling equipment in the Geelong Grand Opening auction can contact the site at+61.3.5245.3333.
Geelong Grand Opening auction details:
- Location: Ritchie Bros. Auctioneers Geelong auction site at 200 O'Briens Road, Corio, Victoria 3214, Australia
- Geelong auction site tel: +61.3.5245.3333
- Time and date of auction: Tuesday, March 19, 2013 starting at 8:00 a.m.
- Ribbon cutting: Mid-morning on Tuesday, March 19, 2013
- Anyone can come to the auction site before auction day to inspect, test and compare items.
- Bids for the live auction can be made in person at the auction site, online in real time at rbauction.com or by proxy
- The auction is open to the public; registration to bid is free; a refundable bid deposit may be required
- More information, including detailed equipment information and high-resolution photos, is available at www.rbauction.com
About Ritchie Bros.
Established in 1958, Ritchie Bros. (NYSE and TSX: RBA) is the world's largest seller of used equipment for the construction, transportation,agricultural, material handling, energy, mining, forestry, marine and other industries. Ritchie Bros. offers compelling solutions that make it easy for the world's builders to buy and sell equipment with confidence. The Company conducts hundreds of unreserved public auctions each year, selling more equipment to on-site and online bidders than any other company in the world (rbauction.com). The Company also operates an online marketplace through Ritchie Bros. EquipmentOne (EquipmentOne.com) and a range of value-added services, including equipment financing for customers through Ritchie Bros. Financial Services (rbauctionfinance.com). The Company has over 110 locations in more than 25 countries, including 45 auction sites worldwide.
SOURCE: Ritchie Bros. Auctioneers
