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Ritchie Bros. to conduct multi-million-dollar crane auction in Eagan, MN on December 5

2017-10-30 08:30 ET - News Release

Established in 1940, Truck Crane Services Company Inc. will sell all its assets by unreserved auction

EAGAN, MN, Oct. 30, 2017 /PRNewswire/ - On December 5, Ritchie Bros. will conduct its largest single-owner crane auction of the year, selling more than 1,000 assets as part of a complete dispersal for Truck Crane Services Company, Inc.

The one-owner auction in Eagan, MN features cranes, transport trucks, trailers, accessories and miscellaneous parts. All equipment will be sold without minimum bids or reserve prices.

"Established in 1940, Truck Crane Services is one of the oldest and most well-respected crane rental companies in the United States," said Will Marsh, Sr. Territory Manager, Ritchie Bros.

"Truck Crane Services has one of the best maintained equipment fleets in the world and has worked on a number of major projects, including steel erection and precast for U.S. Bank Stadium, home to the NFL's Minnesota Vikings. On December 5, we will sell the entire fleet to new owners."

Equipment highlights:

  • A 2005 Demag AC500-2SSL 600-ton all-terrain crane
  • A 2009 Grove 6350B 350-ton all-terrain crane
  • A 1999 Demag AC400 500-ton 14x6x12 all-terrain crane
  • A 2008 Grove GMK5275 275-ton all-terrain crane
  • A 2001 Liebherr LTM1160/2 200-ton all-terrain crane
  • A 2011 Demag AC80-2 90-ton 8x6x6 all-terrain crane
  • A 2008 Manitowoc 2250 300-ton self-erecting crawler crane
  • A 1999 Manitowoc 2250 crawler crane

"To be in business for more than 75 years, you must have an impeccable fleet—I believe our maintenance program and attention to detail is second to none," said Tony Phillippi, owner of Phillippi Equipment Company, which has owned Truck Crane Services as a subsidiary since 1975.

Visit rbauction.com for more information about the cranes and other equipment available in the Eagan auction.

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,Kruse Energy Auctioneers, and Cat® auctions, plus equipment financing and leasing through Ritchie Bros. FinancialServices. 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

SOURCE Ritchie Bros. Auctioneers

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