Over 1,600 equipment items at Ritchie Bros. landmark Chicago auction

Ritchie Bros. Auctioneers will sell more than 1,600 industrial equipment items and trucks at an unreserved public auction in Chicago, Illinois tomorrow (December 13 2013). More than 50 crawler tractors, over 15 articulated dump trucks, a selection of pipelayers, including six Caterpillar D8N and five Caterpillar D8K models, and a selection of cranes, including a 2001 Grove GMK5120 120ton 10x8x2 all terrain crane, are among the machine models up for grabs.
December 11, 2013
318 Ritchie Bros. Auctioneers will sell more than 1,600 industrial equipment items and trucks at an unreserved public auction in Chicago, Illinois tomorrow (December 13 2013).

More than 50 crawler tractors, over 15 articulated dump trucks, a selection of pipelayers, including six 178 Caterpillar D8N and five Caterpillar D8K models, and a selection of cranes, including a 2001 Grove GMK5120 120ton 10x8x2 all terrain crane, are among the machine models up for grabs.

The auction marks the final stage of a complete dispersal for Chicago-based T.J. Lambrecht Construction, one of the largest heavy civil contractors in the United States. Every item will be sold to the highest bidder, regardless of price—without minimum bids or reserve prices. Bids in the auction can be made in person, online in real time at rbauction.com and by proxy.

"This is the last opportunity for small and large contractors to acquire quality equipment from one of the nation's top heavy civil contractors," said Ben Arbeiter, regional sales manager, Ritchie Bros. Auctioneers. "This is the most diverse selection of equipment we've had at our Chicago auction site all year. In addition to equipment from T.J. Lambrecht, this week's auction features a great selection of late model excavating equipment as well as a large selection of pipelayers.”

With more than 60 years in both the private and public sectors, T.J. Lambrecht completed a range of complex projects that have built its reputation as one of the top heavy civil contractors in the industry. Project highlights for T.J. Lambrecht include the Chicago O'Hare International Airport Modernisation Programme, the Texas Motor Speedway, the Arcadia Lake Dam and a wide range of other projects in the transport, site development, environmental, water resources and design-build markets. The company is winding down operations and Ritchie Bros. has been conducting the dispersal of the company's well-maintained fleet at auctions across the central U.S. throughout 2013. This week's Chicago auction features the last pieces of T.J. Lambrecht inventory.

"T.J. Lambrecht has always taken great pride in its fleet and has maintained it in a manner to assure its utmost dependability and performance in the field," said Dan Klingberg, president, T.J. Lambrecht Construction. "Our fleet's value has been recognised by our peers in the industry as second to none. This is evidenced by the strong results we received at Ritchie Bros. auctions in the U.S. this past year.”
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