Ritchie Bros
Ritchie Bros Auctioneers
recently launched an Internet service, rbauctionBid-Live,
allowing
qualified bidders to bid remotely from their computers. The service
enhances the company’s live unreserved auctions, allowing bidders to view
the broadcasts and bid online. This can save time for the bidders and
deliver a wider audience to the sellers, helping them get fair market
value for their assets. Ritchie Bros is one of the largest auctioneers in
Canada and carries out auctions of heavy industrial equipment across North
America and around the world. www.rbauction.com Reader Service Card #7050
LVG Auctions
John Visch and
Larry Gardiner collectively have over a half a century of hands-on auction
experience in the North American heavy equipment market.
Incorporated as LVG in 1976, the company offers proposals that are tailor made to the
client, starting with a thorough inspection of the equipment and
researched current market values. The proposal usually includes a net
minimum guarantee with participation in overages, competitive auction
commissions or even an outright purchase of equipment. An advertising
program alerts 70,000 potential buyers through a multi-national direct
mail list and advertisements in key trade publications, daily, community
and specialty newspapers. LVG has quick payout terms, with the seller
generally paid out within 12 banking days.
www.lvgauctions.com Reader
Service Card #7051
Maynards
Maynards Industrial Division
conducts sales in many areas of heavy industry, including forestry,
construction, machine tool and trucking, with sales ranging in size from
$100,000 to $10 million. Founded in 1902, Maynards has exclusive contracts
with Weyerhaeuser and General Motors to manage sales of their surplus
assets. The key to maximizing the sales return is to ensure that the
appropriate sales technique is matched with the assets, the company says.
Maynards will recommend private treaty, run-to-wind-up, liquidation or
auction—or often a combination—to market the client’s equipment and
inventories and achieve the highest net return. Maynards has an extensive
and qualified contact database and business network. As well, its
personnel are experienced salesmen and appraisers with extensive business
networks and industry knowledge. Maynards has particular expertise in the
forestry and sawmill industries based on their history of selling and
appraising assets for a variety of clients including large integrated
forest companies, privately owned sawmills and woodworking firms, as well
as financial institutions lending to the industry. Their appraisals will
support management decisions concerning buy/sell transactions and lending
authorizations. Maynards combines traditional sales methods with the
latest in computer technology, including its Web site, guaranteeing
purchasers will know about upcoming auctions and sales.
www.maynards.com
Reader Service Card #7052
Champion Auctions
Champion Auctions is a
progressive company expanding to keep up with the demands of customers and
clients and bringing buyers and sellers together. Specializing in forestry
and construction equipment, farm, real estate, personal property and
estate auctions, Champion has been an accredited appraiser since 1996.
Averaging 30 to 40 auctions per year, Champion’s team includes
auctioneers, ring men, clerks and cashiers. They have an enclosed sound
truck with a built-in public address system, a mobile office trailer and
staff to register bidders, collect auction proceeds and prepare client
records for presentation upon completion of the auction. Champion has a
mobile hot water pressure-washing unit available to clean equipment,
displaying equipment to the best selling advantage. Its targeted
advertising program includes global Internet advertising, attractive
auction posters, television and radio advertising and display ads in
weekly newspapers and direct flyer mail-out. They have two highly visible
4x8 portable highway advertising signs and portable directional signs, and
have access to several mobile caterers.
www.championauction.com Reader
Service Card #7053
Wershow-Ash-Lewis
Wershow-Ash-Lewis has
established many firsts in 60 years of business and has used its auction
sales experience to advocate for its clients. Presenting merchandise at
its best, W-A-L targets the most likely buyers by sending out brochures to
selected clients from a database of 67,000 prospects that W-A-L has
cultivated and refined. Industry firsts by Wershow-Ash-Lewis include the
first auction yard, the first auction by slide, the first sawmill auction
and the first to guarantee sales. W-A-L also pioneered the most advanced
and precise bookkeeping system in the industry. Known for their honesty,
accuracy and professionalism, the company has complete auction results on
the day of sale, and pays promptly. The W-A-L team has 225 years of
accumulated wisdom, combining talent and technical expertise, and made $6
billion in total sales from 6,500 auctions for large and small companies,
individuals, banks and financial institutions and government agencies. Its
key to a successful auction includes planning, promotion, preparation,
know-how and profit. www.wershowashlewis.com Reader Service Card #7054
Icoworks
Icoworks delivers online auction
services as a provider with eBay. Icoworks also broadcasts live auctions
on the Internet through BidSpotter Inc. These alliances work in concert
with custom e-commerce systems and sophisticated marketing tools to drive
qualified industrial and commercial buyers to timed and live online
auctions. Icoworks services include an initial review and evaluation
through to the final disposal of assets, with asset listings based on its
appraisers’ in-depth market knowledge. Fee-based appraisals are suitable
for financing, book depreciation, mergers and acquisitions, as well as
dissolutions. Asset collection is designed to maximize value received at
each sale, including relocation, refurbishing and title clearing as
necessary. Icoworks has decades of experience in industries including
forestry and logging, machine shops, sawmills, woodwork and millwork.
Icoworks provides online e-commerce management, content development and
interactive online brochures, database, buyer and prospect list
management, Internet traffic and sales, page view analysis and site usage.
www.icoworks.com Reader Service Card #7055
Kittrell Auctions
The Kittrell Group
auction services start with an on site consultation to determine needs and
goals. Kittrell provides a proposal that reflects current market
conditions based on knowledge and experience gained in almost half a
century of experience in the lumber and wood products industry. These
reports can be used for decision making with management, partners, heirs,
banks or courts.
Kittrell offers certified equipment
appraisal studies for lending institutions and investors that meet US
FIRREA standards. Kittrell provides appraisals related to federal income
tax, estate planning, property assessments and insurance purposes. All
Kittrell appraisals are completed in accordance with USPAP standards. The
value of assets are established for a variety of needs, including fair
market, “as is” and in place, in use, going concern, replacement,
liquidation, estate and orderly liquidation. Kittrell offers auction
services, appraisals, equipment brokering, business sales and
piece-by-piece liquidations. The Kittrell Group’s guaranteed approach
combines its selling experience with advertising and promotion to bring
customers top dollar in the least amount of time, on commission.
www.kittrellauctions.com Reader Service Card #7056
Michener Allen
Michener Allen
Auctioneering has been in business for more than 32 years and now
has two
locations, Edmonton and Calgary, AB. To assist clients in disposing of
surplus industrial and agricultural equipment and vehicles, Michener Allen
holds six unreserved industrial sales and approximately 10 automotive
auctions annually in each location, attracting 3,000 to 5,000 potential
buyers per sale. www.michenerallen.com Reader Service Card #7057
Suncorp
Valuations
Suncorp Valuations Ltd has provided valuation counsel services
to Canadian clientele for over 40 years and provides valuation studies for
the logging and sawmilling industry, locally, nationally and
internationally. Services provided include industrial market value,
insurance, corporate planning, allocation of purchase price, financing,
property tax review, enterprise valuation, acquisitions
and mergers, and
due diligence issues. Suncorp staff members are either members of the
American Society of Appraisers and/or the Appraisal Institute of Canada.
Many have obtained senior designations within their area of expertise.
Each year, the company prepares reports on over $10 billion worth of
assets, including equipment, vehicles, machinery and buildings. Suncorp’s
appraisal conclusions are introduced as evidence in court proceedings,
providing expert testimonies for clients. Suncorp’s corporate office is
located in Saskatoon, SK, while branch and service offices are located in
Winnipeg, MB, Vancouver, BC, Edmonton and Calgary, AB, Toronto, ON, and
Vancouver, WA. It has international strategic alliances with Rushton
International, UK, and Greater China Appraisal Limited, Hong Kong.
www.suncorp.ca Reader Service Card #7058
Tri-State Auctions
Tri-State Auctions
specializes in liquidation and appraisal of forestry equipment including
sawmills, logging, pallet mills and woodworking. The family-owned and
operated company began when John C Kimbel, CAI, set up and prepared the
auction of his lumber business. After working for another auction company
for two years, he started his own, specializing in forest industry
equipment. Now that John Sr is semi-retired, John C Kimbel Jr, CAI, CAGA,
GPPA, runs the company. He is a professional appraiser whose experience,
professionalism and expertise make him a leading forestry equipment
auctioneer. On site manager Sandra Kimbel-White, CAI, GPPA, is a licenced
auctioneer and real estate broker who is in charge of advertising and
scheduling. In the auction industry for 18 years, she has the education
and knowledge of the equipment to best emphasize their values in
advertising. James Savage, GPPA, auctioneer and on site coordinator, works
with buyers and sellers and knows what order of sale is required for the
equipment to sell in order to maximize the value of the items. The company
operates in 18 southeastern states.
www.tri-stateauction.com Reader
Service Card #7059
James G Murphy
Established in 1970, James
G Murphy specializes in commercial and industrial auctions, including all
aspects of the forest industry. It conducts about 100 “no minimum bid”
auctions a year throughout the US. Its six-acre auction facility in
Kenmore, WA, hosts eight large heavy equipment and vehicle auctions a
year, featuring equipment from local utility companies, cities, counties,
contractors and dealers. They also auction wood processing, logging and
contractor equipment. The company’s Web site is updated daily and offers
online bidding. Although most of its auctions are conducted in the US,
James G Murphy has the capability of conducting auctions anywhere in North
America and provides a complete appraisal service if necessary. The
company’s list of 40,000 company names is broken down into various
categories to optimize its customer base. Tim Murphy, president, has a
crew with over 50 years of combined experience, diversified in different
types of auctions, to meet the needs of sellers and buyers.
www.murphyauction.com Reader Service Card #7060
National REPO Center
The National REPO
Center specializes in marketing large commercial equipment such as
forestry, construction, mining and highway tractors. It markets on an
individual unit basis as well as on a comprehensive basis such as complete
transport companies and mine sites. The goal is to offer one-stop services
for its client financial institutions. National REPO Center offers auction
services and complete bailiff services, as well as seizures, storage,
appraisals, re-conditioning and re-marketing in both Canada and the US.
Other services include those under the Commercial Tenancies Act, Personal
Property Security Act and Mechanics Lien Act. The National REPO Center
provides complete appraisals and condition reports upon seizure and
supplies estimated net recovery values. It also handles smaller items such
as cars, boats, RVs and restaurant equipment.
www.nationalrepocenter.com
Reader Service Card #7061
Hodgins Auctioneers
Hodgins Auctioneers
provides a services and auction plan tailored to a particular client’s
needs when disposing of farm equipment or farmland. Conducting auctions
anywhere in North America, generally with two to three auctioneers and
fully trained clerks and cashiers, Hodgins offers a range of financial
options, including straight commission, financial guarantees and outright
purchases. The company’s Web site offers live Internet bidding.
www.hodginsauctioneers.com Reader Service Card #7062
Tradewest
The management of Tradewest
Asset Solutions Inc has more than 28 years of experience in the sale of
sawmilling, lumber remanufacturing and logging equipment, ranging from
individual pieces to major sawmill and logging operations. Tradewest also
does extensive consulting on market value appraisals and valuations for
owners, banks and receivers. It offers confidential, no obligation
proposals for the sale of clients’ assets with a range of financial
options including outright cash purchases, guaranteed minimum returns and
straight commission sales. www.tradewestsales.com Reader Service Card
#7063
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