Mr. Tim Keane reports

RITCHIE BROS. TO CONDUCT RETIREMENT AUCTION FOR MID-OHIO CONTRACTING INC. IN DOVER, OH

On Dec. 12, Mid-Ohio Contracting Inc.'s owners, Robert Kandle and James Hawk, will retire, selling all of Mid-Ohio's assets in an unreserved Ritchie Bros. Auctioneers Inc. auction in Dover, Ohio. Mid-Ohio Contracting started with four employees and four pieces of equipment. During its 36 years in business, the company's fleet grew to more than 550 pieces and employed up to 300 people during busy times.

"We're based in Dover, but have worked on pipeline projects in Virginia, Pennsylvania, Indiana and Maryland," said Mr. Hawk, vice-president of Mid-Ohio Contracting. "We started with one backhoe, one dozer, one truck and one trailer and grew from there. We have always ensured our equipment was maintained to the highest level, with our own in-house mechanics."

The Dec. 12, Dover auction will be held on Mid-Ohio Contracting's property at 1817 Horns Lane NW. More than 580 equipment items and trucks will be sold in the unreserved public auction, including excavators, dozers, pipelayers, wheel loaders, truck tractors, trailers and more.

"Mid-Ohio is a well-respected company with an excellent fleet and in one day we will sell it all to new owners -- everything a pipeline installation business would need," said Tim Keane, regional sales manager, Ritchie Bros. "Every item will be sold without minimum bids or reserve prices."

Specific equipment highlights:

• Two Komatsu D65WX-17 dozers;
• Five Komatsu PC360LC-10 hydraulic excavators;
• Two Komatsu WA270-7 wheel loaders;
• A 2015 Peterbilt 389 truck tractor;
• For a complete list of equipment, visit the company's website.

About Ritchie Bros. Auctioneers Inc.

Established in 1958, Ritchie Bros. 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 on-line bidding; IronPlanet, an on-line marketplace with featured weekly auctions and providing its exclusive IronClad Assurance equipment condition certification; EquipmentOne, an on-line auction marketplace; Mascus, a leading European on-line 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.