Euro Auctions is expanding its global operations with new acquisition
Euro Auctions is expanding its global operations with new acquisition
Euro Auctions is revealing its expansion plans for 2013 with the addition of a new site to its operations. Based in Dromore, Northern Ireland, Euro Auctions has been conducting unreserved auctions of industrial equipment and construction machinery since 1998. The company has permanent auction sites in Northern Ireland, England, Germany, Spain, Australia and now the USA.
January 6, 2017
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214 Euro Auctions is revealing its expansion plans for 2013 with the addition of a new site to its operations. Based in Dromore, Northern Ireland, Euro Auctions has been conducting unreserved auctions of industrial equipment and construction machinery since 1998. The company has permanent auction sites in Northern Ireland, England, Germany, Spain, Australia and now the USA. This latest site is in Newnan, South West of Atlanta, Georgia, USA. Formerly the home to the ADESA Atlanta Truck & Equipment Auctions, this elevated site runs parallel to Interstate 85. The on-site facilities include the main drive through auction hall, office accommodation, a check-in and sale day administration building and two preparation and spray workshops. The firm expects to hold its first sale at this site in the second half of 2013. In addition the company plans to improve the facilities at its facility at Dormagen in Germany. The plan includes the building of a permanent structure to house the main sales arena which will included a heated and seated viewing pavilion where bidders can view the auction parade in comfort and style. The work is planned for completion during the second half of 2013.
Nearing 400 construction machinery and industrial equipment lots already set to go under the hammer on June 26th, the first US auction for Euro Auctions at its recently acquired site in Newnan, near Atlanta, Georgia, USA is on course to be a real success. The Northern Ireland-founded auctioneer’s American auction debut includes lots from consignments from some of the largest rental companies in the US and other regional dealers and rental companies.
Leading Chinese construction equipment manufacturing firm XCMG has revealed plans to open a new research and development facility in the United States. Speaking at bauma 2013 Wang Yansong, the company’s vice president, said, “In the second half of this year we are planning to build a R&D centre in the United States. It’ll take about half a year to finish construction. It should open in 2014.” While Yansong would not reveal how much XCMG was investing in the US site, he said it was due to America, along with
