LATEST NEWS 
Heavy Equipment
November 12, 2012
Ritchie Bros. sells more than CA$61 million of equipment in Edmonton auction
The recent two-day Ritchie Bros. Auctioneers’ Edmonton auction sold over CA$61 million of heavy equipment and trucks.
"We experienced good pricing on both days of the auction and more than half of the registered bidders participated online. The high percentage of online participation this week was most likely due to the large number of surrounding winter storms in Alberta,” said Jim Rotlisberger, regional sales manager for Ritchie Bros. in a statement.
More than 5,400 registered bidders competed for more than 4,900 items on Oct. 24 and 25.
Established in 1958, Ritchie Bros. is the world's largest industrial auctioneer, selling more equipment to on-site and online bidders than any other company in the world.
The auction set a new Canadian record with over 740 sellers, including more than 50 equipment items and trucks for Terry Stenberg Oilfield Services, an oilfield construction and lease reclamation company based in Central Alberta.
Consignments for the next Edmonton auction being held on December 13 and 14, 2012 are now being accepted.
DCN NEWS SERVICES
| MOST POPULAR STORIES |
- Concrete parking building repairs could save costs
- New Pickering airport to help move growing population
- Pink crane a beacon of awareness at St. Joseph’s
- McMaster’s Health Sciences Campus a Gold Seal project
- SNC-Lavalin hopes Algeria police raid will help to shed light on wrong
- 20 Most Popular Stories
| TODAY’S TOP CONSTRUCTION PROJECTS |
These projects have been selected from 457 projects with a total value of $2,805,994,117 that Reed Construction Data Building Reports reported on Monday.
INDUSTRIAL BUILDING, WAREHOUSE, OFFICE
$50,000,000 Brantford ON Prebid
CONDOMINIUM APARTMENT BUILDING, RETAIL
$49,850,000 Toronto ON Prebid
CONDOMINIUM APARTMENT BLDG, TOWNHOUSES, RETAIL
$38,500,000 Scarborough ON Prebid
| CURRENT STORIES |
- Builders stack cans to topple hunger
- MTO unveils new methods for road work
- Price combined with criteria, wins bids
- Water protection needed for building envelope
- Students strut their best at Skills Canada
- OTA keeps on trucking for road funding
- Dessau CEO Jean Pierre Sauriol quits in wake of corruption scandal
- Journal of Commerce Update for the week of June 17th, 2013
- ERCB investigates Zama City, Alta pipeline spill
- Industrial headquarters opens in Nisku, Alta.
- Public protection site safety plan required with permit application
- Sprinkler fitters reach agreement after strike
- Understanding authority levels
- Federal project apprentices discussed
- Pushing for accountability in safety
- Acquisition targets LNG
| ALEX’S ECONOMICS BLOG |
Reed Construction Data Canada’s Chief Economist Alex Carrick discusses current developments in the North American economic environment with emphasis on the construction industry.
- An Overview of Prices and Sales in the Diverging U.S. and Canadian Housing Markets (April 25, 2013)
- Canada’s Precarious Dependence on the Commodity Price Super-Cycle (April 22, 2013)
- Twenty major upcoming residential and transportation terminal construction projects - April 2013 (April 15, 2013)
- More
