Late model, unused Madill equipment to be sold at unreserved auction in Prince George

Late model, unused Madill equipment to be sold at unreserved auction in Prince George

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. 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.

Established in 1958, Ritchie Bros. Auctioneers 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.

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