06292017Headline:

Ritchie Bros. crane sales ready to reach new heights

Jun 5, 2017 - (Newswire)

2013 Manitowoc 16000 440-ton headlines crane inventory in Houston, TX and other auctions

Ritchie Bros.' upcoming Houston, TX auction on June 21 - 22 will feature a crane that is sure to raise a high level of interest. A 2013 Manitowoc 16000 440-ton self-erecting crawler crane will sell unreserved to the highest bidder during the auction. It's among a surging selection of quality cranes selling at Houston and other upcoming Ritchie Bros. auctions in June, including Columbus, OH (June 15) and Polotitlan, Mexico (June 9).

"It's been a long time since we've seen a selection of cranes like this," said Jake Lawson, Senior Vice President, Ritchie Bros. "We have close to 200 cranes listed in upcoming auctions, including the massive Manitowoc 16000—cranes of this size and value don't come to auction often. With great selections of cranes available in Houston, Columbus and Polotitlan, this is the perfect opportunity for people to get the cranes they need for upcoming work projects."

While Ritchie Bros. sells thousands of lifting equipment items each year, including 1,400+ rough terrain cranes, 450+ hydraulic truck cranes, 425+ all-terrain cranes, and 280+ crawler cranes in the past two years alone, cranes like the Manitowoc 16000 are rare. For perspective, a 2006 Manitowoc 16000 model sold at our June 2010 auction in Denver for US$2.5 million and that's among the top-10 most expensive cranes ever sold in Ritchie Bros. history. The current "king of cranes" is a 2001 Liebherr LR1800 800 metric crawler crane, which sold for $3.7 million at Ritchie Bros.' Sacramento auction site in 2006.

Almost as rare as the Manitowoc 16000 is seeing unused cranes in an auction. However, Ritchie Bros. will be selling two unused Grove RT540E 40-ton rough terrain cranes in the June Houston auction. In total, Houston will sell 50+ cranes, along with construction, aerial and transportation equipment in its auction. Polotitlan has 19 cranes and Columbus has 10, with new inventory added right up until auction day.

Crane highlights in upcoming auctions:

  • A 2013 Manitowoc 16000 440-ton self-erecting crawler crane (Houston - June 21-22)
  • A 2014 Terex RT780 80-ton rough terrain crane (Houston - June 21-22)
  • A 2012 Manitowoc 777 Series 2 200-ton self-erecting crawler crane (Houston - June 21-22)
  • A 1999 Manitowoc 777 200-ton crawler crane (Houston - June 21-22)
  • A 2000 Manitowoc 888 230-ton crawler crane (Polotitlan - June 9)
  • A 2013 Terex RT780 80-ton 4x4x4 rough terrain crane (Polotitlan- June 9)
  • Two Grove TMS900E 90-ton and two Grove TMS700E 60-ton hydraulic truck cranes (Columbus - June 15)
  • Two unused Grove RT540E 35-ton 4x4x4 rough terrain cranes and an unused RT540E-2 30-ton (Moerdijk, NLD - June 29)

To search the current inventory of cranes and other lifting equipment or to register for an upcoming auction, please visit rbauction.com/cranes.

About Ritchie Bros.
Established in 1958, Ritchie Bros. (NYSE and TSX: RBA) is a global asset management and disposition company, offering customers end-to-end solutions for buying and selling used heavy equipment, trucks and other assets. Operating in a multitude of sectors, including construction, transportation, agriculture, energy, oil and gas, mining, and forestry, the company's selling channels include: Ritchie Bros.Auctioneers, the world's largest industrial auctioneer offers live auction events with online bidding; IronPlanet, an online marketplace with featured weekly auctions and providing its exclusive IronClad Assurance® equipment condition certification; EquipmentOne, an online auction marketplace; Mascus, a leading European online equipment listing service; and Ritchie Bros. Private Treaty, offering privately negotiated sales. The company also offers sector-specific solutions including GovPlanet, TruckPlanet, and Kruse Energy Auctioneers, plus equipment financing and leasing through Ritchie Bros. Financial Services. For more information about the unprecedented choice provided by Ritchie Bros., visit RitchieBros.com.

Photos and video for embedding in media stories are available at rbauction.com/media.

For more information, please contact:
Ian Malinski
Corporate Communications Lead
+1.778.331.5432
CorpComm@rbauction.com

SOURCE Ritchie Bros.

Original Source: https://www.newswire.com/news/ritchie-bros-crane-sales-ready-to-reach-new-heights

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