Clark County officials and
Representatives from the Nevada Contractors Association - Las Vegas
Associated General Contractors (NCA/AGC) joined Ritchie Bros.
officials to help cut the Grand Opening ribbon earlier
today
LAS VEGAS, May 4, 2012 /PRNewswire/ - Ritchie Bros.
Auctioneers (NYSE: RBA) (TSX: RBA), the world's largest industrial
auctioneer, officially opened its new 33,000-square-foot auction
building in northern Las Vegas
earlier this morning during a multi-million dollar grand opening
auction. As of 2:00 p.m. (local time)
today, more than 2,100 bidders from 42 countries have registered on
site or online to participate in today's unreserved public auction,
which features close to 1,300 heavy equipment and transportation
items. A ribbon-cutting ceremony held earlier today marked the
official opening of the new auction building located on exit 58 off
I-15N—twenty minutes north of McCarran International Airport.
"It wasn't very long ago that it was a serious challenge for
local contractors to find what they need when they needed it," said
Sean Stewart, Executive Vice
President of the NCA/AGC, which represents over 700 local general
contractors, subcontractors, and suppliers. "By establishing this
facility and other investments they've made in our local economy,
Ritchie Bros. has made equipment available to our contractors and
subcontractors overnight - so we thank them for helping us have
quick access to equipment."
David Rice from Rice
Construction, a Las Vegas based
underground utility contractor, added: "Us contractors come to
Ritchie Bros. to buy and sell - and we know the deal is square on
both ends. Now they're welcoming us in this beautiful new facility;
you can't ask for better treatment anywhere else."
"We have been holding our unreserved public auctions in the
state of Nevada since 1983 and
today we've achieved a great milestone thanks to our customers and
the local community who have supported us over the years," said
Mike Johnston, Senior Vice
President, Ritchie Bros. Auctioneers. "We've had a great turnout
and there has been strong competition from the bidders during the
auction so far. We look forward to continue providing turnkey
business solutions for local and out-of-state customers at our new
facilities."
The Ritchie Bros. auction calendar currently features more than
80 unreserved public auctions. The next Ritchie Bros. Las Vegas auction is scheduled for
July 27, 2012. If you're interested
in selling equipment at this or any upcoming Ritchie Bros. auction,
contact the local site at +1.702.644.2468 or visit
rbauction.com.
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. Ritchie Bros. offers services that enable the world's
builders to easily and confidently exchange equipment. The Company
conducts hundreds of unreserved public auctions each year, selling
a broad range of used and unused equipment, trucks and other assets
utilized in the construction, transportation, agricultural,
material handling, mining, forestry, petroleum and marine
industries. Ritchie Bros. has over 110 locations in more than 25
countries, including 44 auction sites worldwide. The Company
maintains a web site at www.rbauction.com and sponsors an equipment
wiki at www.RitchieWiki.com.
ATTENTION MEDIA: High-resolution photos of this morning's
ribbon-cutting ceremony as well as the Ritchie Bros. Las Vegas auction site are available for your
use at www.rbauction.com/media. Members of the public and the media
can follow us on Twitter @RitchieBros
SOURCE Ritchie Bros. Auctioneers