IronPlanet Completes $2 Million One-Owner Auction

Published September 23rd, 2005


IronPlanet
(http://www.ironplanet.com), the third-largest auction company of heavy equipment in
North America, sold $2 million of equipment in its Sept. 9 auction for Martin
K. Eby Construction in Florida.
Martin K. Eby Construction discontinued its Florida operations and
commissioned IronPlanet to sell its well-maintained equipment and rolling
stock.
“This is another example of how our auctions are a better solution for
one-owner liquidations,” stated Pete Gipson, regional sales manager for
IronPlanet. “No transportation costs, no waiting for a local auction, no
problem.”
The auction drew over 6,000 registered auction attendees from across the
U.S. and seven other countries. Thirty-six bidders vied for a 2002 Chevrolet
Trailblazer LS that sold for $13,000. A 2001 Volvo L90D wheel loader sold for
the highest bid of $79,000. A bidder in United Arab Emirates won two
Caterpillar 140G motor graders: a 1992 model for $65,000 and a 1990 model for
$63,000.





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