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Records broken at Ritchie Bros. Edmonton and Houston auctions

www.prnewswire.com

The Company attracted bidders from around the world to these two auctions, including more than 1,300 first-time bidders. The March 26 & 27, 2008 unreserved public auction at the Ritchie Bros.

http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=109&STORY=/www/story/03-31-2008/0004782635&EDATE=

Ritchie Bros. Auctioneers to hold large unreserved auction in Orlando

stevedumesnil.blogspot.com | Feb 13, 2008

ORLANDO, FL, Feb. 13 /PRNewswire-FirstCall/ -- Ritchie Bros. Auctioneers (NYSE and TSX: RBA), the world's largest auctioneer of industrial equipment, will conduct a large unreserved industrial auction at its permanent auction site in Orlando, Florida from February 19-23, 2008. A Ritchie Bros.

http://stevedumesnil.blogspot.com/2008/02/ritchie-bros-auctioneers-to-hold-large.html

Ritchie Bros. Auctioneers to celebrate 50 years in business and 10th anniversary on NYSE

www.aem.org | Jan 14, 2008

CNW via Yahoo (January 14, 2008) - Ritchie Bros. Auctioneers will celebrate its 50th anniversary in the auction business and 10th anniversary as a publicly traded company by ringing The Closing Bell at the New York Stock Exchange at 4:00 p.m. EST on Monday, January 14, 2008.

http://www.aem.org/News/CINN/Compressed.asp?ArticleID=39918

Ritchie Bros. Auctioneers Breaks Sales Records

www.acppubs.com | Jan 15, 2007

Perris, Calif.— Ritchie Bros. Auctioneers, the world's largest auctioneer of industrial equipment, announced the results of its two-day unreserved industrial auction held at the company's permanent auction site in Los Angeles (Perris), California. Over 3,200 truck and equipment items were sold at

http://www.acppubs.com/article/CA6403690.html

Web Sites

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Ritchie Bros. Auctioneers - Unreserved Equipment Auctions

rbauction.com - Ritchie Bros. Auctioneers ABOUT RITCHIE BROS. | CONTACT US | CAREERS | SITE MAP | HOME Ritchie Bros. Auctioneers - Languages INDUSTRIAL AGRICULTURE TRANSPORTATION REAL ESTATE ALL AUCTIONS Equipment Search Sale Day Catalogs How to Buy How to Sell Online Payment Service Bid Deposits |

http://www.rbauction.com/common_scripts/gallery_full_view.jsp?auction_id=2008806&industry_id=13&equip_id=2056102&Search_results=All&Search_type=Basic&img_num=1&page_type=0

iRise helps some of the most respected companies in the world

Farm Credit of Canada Pennsylvania State Government State of Nevada Dept of Welfare Social Services U.S. Court Services (CSOSA) U.S. FDIC U.S.

http://www.irise.com/customers/

Ritchie Bros. Auctioneers - Choose Your Language

Disclaimer / Proprietary Rights - Copyright Ritchie Bros. Auctioneers Inc. © 1997- 2007 - All Rights Reserved.

http://www.ritchiebros.com/languages.jsp

Weekly HTML Update

When searching for construction equipment, use the Financial Calculator link in the upper right to calculate monthly payments, total payments and finance charges for the specified loan amount.

http://www.machinerytrader.com/weeklyupdate.asp

 

High demand from Mexico and beyond drives strong pricing at Ritchie Bros.' Fort Worth auction -

On-site and online bidders from Mexico purchased US$8 million of heavy equipment and trucks from the US$35 million unreserved public auction conducted by Ritchie Bros. Auctioneers (NYSE and TSX: RBA) in Fort Worth, Texas last week. Out-of-state bidders purchased US$22 million of equipment in total (62 percent of the gross auction proceeds), including US$12 million of equipment (34 percent) that was purchased by buyers from outside the United States. The participation of bidders from as far away as India, Nigeria and the U.K. - on-site, online and by proxy - helped deliver higher than expected returns for consignors, with particularly strong prices on excavators and cranes. Trucks also sold well, despite the current high cost of fuel.

Ritchie Bros. (www.rbauction.com), the world's largest industrial auctioneer, conducted the unreserved public auction at its permanent auction site in Fort Worth on July 9, 10 & 11, 2008. The large selection of equipment being sold - more than 2,400 items in total - attracted more than 2,200 registered bidders from 45 countries, as well as 47 U.S. states. More than 1,300 people registered to bid in person or by proxy; the other 900 registered to bid over the internet. Online bidders purchased US$8 million of equipment. Since introducing its real-time internet bidding service, rbauctionBid-Live, in 2002, Ritchie Bros. has sold more than US$2 billion of equipment over the internet.

"The strong Mexican economy is driving infrastructure spending and generating a lot of work," said David Hobbs, Ritchie Bros. Division Manager. "Contractors in booming regions like Mexico need equipment they can put straight to work. They travel to our Fort Worth auctions knowing they can find the different types of equipment they need, from motor graders to wheel loaders to excavators, all in one place. They can test, inspect and compare equipment from multiple sellers; they can socialize with other people in their industry; and they can feel confident bidding on auction day because they know every item will be sold, with no reserves and no artificial price manipulation."

Jordan Paving sold a number of items in the auction, including an asphalt batch plant that was purchased by an on-site bidder from Mexico and a generator that was purchased by an internet bidder from Saudi Arabia. The company has been buying and selling equipment at Ritchie Bros. auctions for almost 20 years.

"When you're selling equipment you've got to go where you'll get the best prices, and that's a Ritchie Bros. auction," said Mart Jordan, president of Jordan Paving. "They have a good reputation and name recognition around the world, and that's what brings in the buyers. The more buyers there are, from more places, the better the prices. We've sold equipment to people from as far away as Australia and the Middle East at Ritchie Bros. auctions."

About Ritchie Bros.

Established in 1958, Ritchie Bros. is the world's largest auctioneer of industrial equipment, operating through over 110 locations in more than 25 countries around the world. The Company sells, through unreserved public auctions, a broad range of used and unused industrial assets, including equipment, trucks and other assets utilized in the construction, transportation, material handling, mining, forestry, petroleum, marine, real estate, and agricultural industries. The Company maintains a web site at www.rbauction.com.

Investors and potential investors should note that this information may not be indicative of the overall financial performance of the Company for this or any period.

CONTACT: Kim Schulz, Corporate Communications Manager, Ritchie Bros. Auctioneers, Mobile: (604) 788-5379 or toll free: 1-800-663-8457 or email: kschulz@rbauction.com; Or David Hobbs, Division Manager, Ritchie Bros. Auctioneers, Fort Worth auction site, tel: (817) 237-6544

SOURCE Ritchie Bros. Auctioneers

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Companies: Ritchie Bros. Auctioneers Inc. (RBA)

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Late model, unused Madill equipment to be sold at unreserved auction in Prince George - Zibb.com

Next week, almost 700 items - including a large selection of unused and late model Madill logging equipment - will be sold to the highest bidders at an unreserved Ritchie Bros. Auctioneers auction in Prince George, B.C. Among the equipment being sold in the October 9, 2008 auction: feller bunchers, log trucks and trailers, processors, forwarders, log loaders, skidders, yarders, excavators, trucks, trailers, pickups - and more. Every item will be sold on auction day, with no minimum bids or reserve prices. Ritchie Bros. (www.rbauction.com) will conduct the unreserved public auction at its permanent auction site in Prince George.

"I've never seen such an exceptional lineup of forestry equipment in one place at one time - and by the end of day on October 9th, everything will be sold to new owners," said George Willows, Ritchie Bros. Regional Manager. "Our upcoming auction is a great opportunity for people in the logging, construction and transportation industries to buy the equipment they need at the price they are willing to pay. As with every Ritchie Bros. auction, there will be no minimum bids and no reserve prices on any item being sold - even the unused and late model gear. If you can't make it to the auction site to bid in person, you can register to bid in real-time over the internet."

The October 9th Prince George auction features complete dispersals for R Saunders Contracting Ltd. and Shallow Bay Contracting Ltd., as well as equipment from more than 140 other consignors. Vancouver Island-based Madill Equipment filed for bankruptcy protection in early 2008.

    <<
    Auction details:
    -   Location: 1434 Old Cariboo Hwy, Prince George, B.C. (site phone: +
        1.250.963.8491).
    -   Time and date: 8:00 a.m. Thursday, October 9, 2008.
    -   Open to the public; registration to bid is free.
    -   Interested buyers can register to bid in person, over the internet or
        by proxy. Visit the auction site to register to bid in person; photo
        I.D. is required.
    -   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).
    -   Equipment details (including photos) are available on the Ritchie
        Bros. web site (www.rbauction.com).
    -   Equipment can also be inspected and tested at the auction site. The
        site is open 8:00 a.m. to 5:00 p.m. daily. The site opens at 7:00
        a.m. on auction day.
    >>

About Ritchie Bros.

Established in 1958, Ritchie Bros. Auctioneers (NYSE and TSX: RBA) is the world's largest industrial auctioneer, selling more equipment to on-site and online bidders than any other company in the world. The Company has over 110 locations in 25 countries including 38 auction sites worldwide. Ritchie Bros. sells, through unreserved public auctions, a broad range of used and unused industrial assets, including equipment, trucks and other assets utilized in the construction, transportation, agricultural, material handling, mining, forestry, petroleum and marine industries. The Company maintains a web site at www.rbauction.com and sponsors an equipment wiki at www.RitchieWiki.com.

SOURCE: Ritchie Bros. Auctioneers

Kim Schulz, Corporate Communications Manager, Ritchie Bros. Auctioneers, Head office
tel: (604) 304-3830 or mobile: (604) 788-5379 or email: kschulz@rbauction.com Or
George Willows, Regional Manager, Ritchie Bros. Auctioneers, Prince George auction
site, tel: (250) 963-8491

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Tags: agricultural   bankruptcy   business   construction   forestry   industrial   internet   marine   mining   nyse   online   petroleum   prices   transportation   vancouver   web  

Companies: Ritchie Bros. Auctioneers Inc. (RBA), Ritchie Bros. Auctioneers Inc. (RBA)

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Ritchie Bros. Auctioneers Incorporated Announces 2008 Q2 Earnings Conference Call - Zibb.com

Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) (TSX:RBA), the world's largest auctioneer of industrial equipment, operating through over 110 locations in 25 countries around the world, will hold its quarterly conference call to discuss its 2008 Q2 Earnings on Friday, August 8, 2008, at 11:00 a.m. Eastern Time (8:00 a.m. Pacific Time).

This call is being webcast by Thomson/CCBN and can be accessed at Ritchie Bros. Auctioneers web site at www.rbauction.com.

The webcast is also being distributed through the Thomson StreetEvents Network. Individual investors can listen to the call at www.earnings.com, Thomson's individual investor portal, powered by StreetEvents. Institutional investors can access the call via Thomson StreetEvents (www.streetevents.com), a password-protected event management site.

SOURCE: Ritchie Bros. Auctioneers Incorporated

Media
Ritchie Bros. Auctioneers Incorporated
Jeremy Black, 604-273-2159
jblack@rbauction.com

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Tags: conference   earnings   industrial   nyse   web  

Companies: Ritchie Bros. Auctioneers Inc. (RBA), Ritchie Bros. Auctioneers Inc. (RBA)

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Pender Harbour waterfront acreages will sell to highest bidders at unreserved auction next week -

Five oceanfront and ocean-view acreages in Pender Harbour on BC's Sunshine Coast will be sold to the highest bidders - regardless of price - at an unreserved (absolute) auction in Vancouver (Richmond), BC next week. Ritchie Bros. Auctioneers (NYSE and TSX: RBA) will be conducting the unreserved public auction of the five lots - which range in size from 1.64+/- to 5.58+/- acres - at the River Rock Casino in Richmond on Wednesday, September 3, 2008. Interested bidders may also register at the Ritchie Bros. permanent auction site in Edmonton (Nisku), AB where the auction will be simulcast live.

The Pender Harbour waterfront acreages have been selectively cleared and many feature the area's distinctive arbutus trees. They are part of the brand new 324-acre+/- Sakinaw Ridge subdivision: the only development on the Sunshine Coast offering large lakefront, oceanfront and ocean view estate acreages.

The subdivision offers paved roads and full underground services. The developer's building scheme encourages a contemporary West Coast building style featuring natural colors, heavy wood and stone accents. Ten lots have been sold to date; two multi-million dollar homes are nearing completion.

Next week's auction will be unreserved, meaning there are no minimum bids or reserve prices. Every lot will be sold to the highest bidder on auction day, regardless of price.

    <<
    WHO    Vancouver-based Ritchie Bros. Auctioneers (www.rbauction.com)

    WHAT   An unreserved real estate auction: five oceanfront and ocean-view
           acreages in Pender Harbour on BC's Sunshine Coast will be sold to
           the highest bidders on auction day, regardless of price

    WHEN   Wednesday, September 3, 2008
       -   Registration starts: 4:00 pm (PT) River Rock Casino
           (8811 River Road), Richmond, BC
       -   Auction-buying seminars: 5:30 pm (PT) River Rock Casino
           (8811 River Road), Richmond, BC
       -   Auction start time: 6:00 pm (PT) River Rock Casino
           (8811 River Road), Richmond, BC

    WHERE
       -   Auction: Fraser Room, River Rock Casino Resort Conference Centre -
           behind the main hotel building (8811 River Road, Richmond, BC)
       -   Live auction simulcast: Ritchie Bros. permanent auction site in
           Edmonton - 1500 Sparrow Drive, Nisku, AB
    >>

For more information about the properties or the auction, phone Ellen Engelsbel at Ritchie Bros.: +1.604.790.6678. Or visit the Ritchie Bros. web site at www.rbauction.com/property/2008237_pender_harbour_bc.

The 324+/- acre Sakinaw Ridge development is located in Pender Harbour on the Sechelt Peninsula, an area renowned for its coastal beauty, arbutus trees, outdoor recreation opportunities - and abundance of sunshine. The subdivision is being completed in four phases. Phase One has 28 lots, totaling 75+/- acres. Ten lots in Phase One have been sold. Five will be sold in the upcoming Ritchie Bros. auction:

    <<
           -  Lot 18 - oceanfront - 1.64+/- acres
           -  Lot 19 - oceanfront - 1.69+/- acres
           -  Lot 27 - ocean view - 2.49+/- acres
           -  Lot 28 - ocean view - 3.55+/- acres
           -  Lot 10 - 5.58+/- acres
    >>

About Ritchie Bros.

Established in 1958, Ritchie Bros. is the world's largest auctioneer of industrial equipment, operating through over 110 locations in more than 25 countries around the world. The Company sells, through unreserved public auctions, a broad range of used and unused industrial assets, including equipment, trucks and other assets utilized in the construction, transportation, material handling, mining, forestry, petroleum, marine, real estate, and agricultural industries. The Company maintains a web site at www.rbauction.com.

SOURCE: Ritchie Bros. Auctioneers

Kim Schulz, Corporate Communications Manager, Ritchie Bros. Auctioneers, Cell: (604)
788-5379 or email kschulz@rbauction.com Or Kevin Tink, Senior Vice President, Ritchie
Bros. Auctioneers, Office: (780) 538-1100

Read more...

Tags: agricultural   conference   dollar   edmonton   forestry   hotel   industrial   marine   mining   nyse   petroleum   prices   real estate   transportation   vancouver   web  

Companies: Ritchie Bros. Auctioneers Inc. (RBA), Ritchie Bros. Auctioneers Inc. (RBA)

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