#USA #Northbrook #Highway Equipment #Hilco Commercial Industrial #Ritchie Bros.

Major Highway Equipment Auction Unveiled

Hilco Commercial Industrial (HCI) and Ritchie Bros. Auctioneers have recently announced a significant asset sale that presents an incredible opportunity for buyers needing highway, construction, and material handling equipment. This auction features equipment once owned by the Highway Equipment Company, an established player in the industry since its inception in 1933.

An Overview of Highway Equipment Company

For over 90 years, Highway Equipment Company has been synonymous with quality in the material handling sector, providing equipment for not just highway applications, but also for industries like oil and gas, mining, and construction. With a stellar reputation, the company's assets are expected to draw significant interest from various sectors, reinforcing their dominant role in the marketplace.

Auction Highlights

The asset sale includes over 2,700 individual items of equipment, showcasing a diverse range of machinery that can cater to various industry needs. Here’s a glimpse of what’s on offer:

• - 10+ Mobile Crushing Units
• - 15+ Tracked Screening Plants
• - 35+ Tracked Excavators
• - 20+ Articulated Dump Trucks
• - 15+ Crawler Tractors
• - 20+ Wheel Loaders
• - 30+ Track Loaders
• - 40+ Skid Steers

This variety ensures that buyers can find the right piece of equipment for virtually any project in the construction or handling sectors.

Strategic Collaboration

Brent Bonham, Managing Director at HCI, emphasized that this collaboration reflects their commitment to managing asset portfolios effectively. He stated, "This sale enables industry players to obtain high-quality equipment, reinforcing their operations with assets designed for demanding applications."

Adding to this, Jake Lawson, President of Ritchie Bros. North American Sales, expressed enthusiasm about the partnership: "We are thrilled to work with Hilco Commercial Industrial to showcase this remarkable array of equipment to buyers worldwide. Together, we will leverage our combined expertise and extensive buyer network, enhancing visibility for each asset and encouraging competitive bidding."

Key Takeaways for Interested Buyers

Interested parties are encouraged to reach out to Hilco Commercial Industrial for detailed information regarding the available assets. Auctions like this present a unique opportunity for those looking to enhance their operational capabilities without incurring the higher costs of new equipment. More information and a comprehensive catalog of the assets can be requested directly through Hilco’s official website.

About Hilco Commercial Industrial and Ritchie Bros.

Hilco Commercial Industrial is known globally for its tailored solutions in asset acquisition and disposition. Their vast experience ensures all their clients receive the utmost value for their assets. HCI is a part of the larger Hilco Global group, which excels in maximizing the value of business assets through various services.

Ritchie Bros., founded in Canada in 1958, has grown into a premier asset management and disposition company, offering comprehensive solutions for buying and selling used heavy equipment and trucks. With over 60 auction sites globally, Ritchie Bros. has sold billions of dollars in equipment through its diverse platforms.

Those interested in tapping into this wealth of available resources should keep an eye on the auction announcement and prepare to engage in what promises to be a competitive bidding environment. This is an excellent chance for stakeholders to secure the machinery they need to stay competitive and operationally efficient in their respective fields.