Ritchie Bros. sells more than US$48 million of equipment in Fort Worth, TX auction
Ritchie Bros. Auctioneers (NYSE: RBA) (TSX: RBA), the world's largest industrial auctioneer, sold more than US$48 million of equipment items and trucks at a two-day unreserved public auction held in Fort Worth, Texas on March 8 & 9, 2012. Equipment highlights in the auction included three late-model, low-hour Komatsu HD785-7 100-ton rock trucks—all were sold to a single online buyer from Alberta, Canada for US$900,000 each. In total, more than 3,200 equipment items and trucks were sold in the auction-- every item was sold to the highest bidder, without minimum bids or reserve prices.
