One-Owner Auction at IronPlanet Brings 6,500 Attendees

One-Owner Auction at IronPlanet Brings 6,500 Attendees

PLEASANTON, Calif., Feb. 8 /PRNewswire/ -- IronPlanet (www.ironplanet.com), the third-largest auctioneer of heavy equipment in North America, sold $400,000 of equipment and trucks on Feb. 3 for Marsolino Construction in Uniontown, Pa.

"This one-owner sale provided Marsolino Construction a wider buying audience than a 'local' sale could have," commented Frank Despatie, regional manager of the northeast area for IronPlanet. "It's a much better method of selling than standing out in the snow and cold waiting for a live-auctioneer to sell each piece."

The Feb. 3 sale drew over 6,500 registered auction attendees with bidders from the US and four other countries. On average, an item sold to a buyer more than 600 miles from its selling location, with 45% of the equipment going to an out-of-state buyer.

Founded in 1999, IronPlanet has grown to be the third-largest auctioneer of heavy equipment. Financially backed by Caterpillar, Komatsu and Volvo, IronPlanet sells a broad range of used equipment including construction, agricultural and trucks through online auctions. IronPlanet is the only auction company to provide detailed, guaranteed inspection reports for used equipment in its auction. If you are interested in buying or selling used equipment, go to www.ironplanet.com.


Source: IronPlanet

CONTACT: Regina Market of IronPlanet, +1-925-225-8832, or
rmarket@ironplanet.com

Web site: http://www.ironplanet.com/


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