Retirement dispersal for Compaction Rentals at Ritchie Bros. Sacramento auction

Unreserved auction on March 11 features 2,000+ equipment items and trucks, including well-maintained Caterpillar equipment from Compaction Rentals; owner retiring after 45 years in business

On March 11, 2015, Ritchie Bros. , the world’s largest industrial auctioneer, will conduct a multi-million dollar unreserved public auction in Sacramento (Dunnigan), California featuring well-maintained Caterpillar equipment from a complete dispersal for Compaction Rentals. More than 2,000 equipment items and trucks will be sold on auction day, including 75+ compactors, 30 crawler tractors, 30+ excavators, 20+ motor scrapers, 20+ wheel loaders, 60+ truck tractors, 70+ trailers, 20+ flatbed trucks, 15+ mechanics trucks and more. All items will be sold without minimum bids or reserve prices. Bids can be made in person at the auction site, online at rbauction.com and by proxy.

“This auction features one of the nicest selections of late-model, well-maintained Caterpillar equipment we’ve ever seen at our site in Dunnigan, on the I-5 just north of Sacramento,” said Mike Brenner, Regional Sales Manager, Ritchie Bros. Auctioneers. “Equipment has come to us from hundreds of owners across California, including more than 85 items from Compaction Rentals, a company that served the Northern California rental market for 45 years. As one of the most well-respected rental companies in the region their fleet is second-to-none and by the end of the day it will all be sold to new owners.”

Specific equipment highlights in the Sacramento auction include:

Two Caterpillar 825H compactors

Five Caterpillar 815F Series II compactors

Two Caterpillar D8T crawler tractors

Two Caterpillar D6N LGP crawler tractors

A Caterpillar D6T XL crawler tractor

Two Caterpillar 328D LCR hydraulic excavators

Seven Caterpillar 631G motor scrapers

Three Caterpillar 613G elevating motor scrapers

A Caterpillar 980K wheel loader

Two Caterpillar 14H motor graders

Seven Caterpillar 740 6x6 articulated dump trucks “Our fleet is all Caterpillar equipment, has relatively low hours, is well-maintained and is ready to put to work,” said Craig Hobday, President of Compaction Rentals. “When we opened our doors 45 years ago we only rented compaction equipment, but over the years we expanded our fleet to include crawler tractors, motor scrapers, motor graders, articulated dump trucks, excavators and more. When it came time to sell, we chose Ritchie Bros. because we knew they would attract the largest number of buyers for our equipment and our entire fleet would be sold in one day.”

Ritchie Bros. Financial Services is now offering rates as low as 3.95%¹ Since 2011 Ritchie Bros. Financial Services has been helping buyers at Ritchie Bros. auctions get competitive financing for their equipment purchases. For a limited time, financing is available at rates as low as 3.95%. Buyers can visit rbauction.com/financing for a no obligation application.