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Ritchie Bros. to conduct retirement auction for Mid-Ohio Contracting Inc. in Dover, OH

Established in 1981, the Ohio-based pipeline installation company will sell all its assets on Dec. 12

DOVER, OH, Nov. 30, 2017 /PRNewswire/ - Mid-Ohio Contracting Inc. started with four employees and four pieces of equipment. During its 36 years in business, the company's fleet grew to 550+ pieces and employed up to 300 people during busy times. On December 12, the company's owners, Robert Kandle and James Hawk will retire, selling all Mid-Ohio's assets in an unreserved Ritchie Bros. auction in Dover, OH.

"We're based in Dover, but have worked on pipeline projects in Virginia, Pennsylvania, Indiana and Maryland," said James E. Hawk, Vice President of Mid-Ohio Contracting. "We started with one backhoe, one dozer, one truck and one trailer and grew from there. We have always ensured our equipment was maintained to the highest level, with our own in-house mechanics."

The December 12 Dover auction will be held on Mid-Ohio Contracting's property at 1817 Horns Lane NW. More than 580 equipment items and trucks will be sold in the unreserved public auction, including excavators, dozers, pipelayers, wheel loaders, truck tractors, trailers, and more.

"Mid-Ohio is a well-respected company with an excellent fleet and in one day we will sell it all to new owners—everything a pipeline installation business would need," said Tim Keane, Regional Sales Manager, Ritchie Bros. "Every item will be sold without minimum bids or reserve prices."

Specific equipment highlights:

  • Two Komatsu D65WX-17 dozers
  • Five Komatsu PC360LC-10 hydraulic excavators
  • Two Komatsu WA270-7 wheel loaders
  • A 2015 Peterbilt 389 truck tractor
  • For a complete list of equipment, visit rbauction.com

About Ritchie Bros.:
Established in 1958, Ritchie Bros. (NYSE and TSX: RBA) is a global asset management and disposition company, offering customers end-to-end solutions for buying and selling used heavy equipment, trucks and other assets. Operating in a multitude of sectors, including construction, transportation, agriculture, energy, oil and gas, mining, and forestry, the company's selling channels include: Ritchie Bros. Auctioneers, the world's largest industrial auctioneer offers live auction events with online bidding; IronPlanet, an online marketplace with featured weekly auctions and providing its exclusive IronClad Assurance® equipment condition certification; Marketplacee, an online marketplace offering multiple price and timing options; Mascus, a leading European online equipment listing service; and Ritchie Bros. Private Treaty, offering privately negotiated sales. The company also offers sector-specific solutions including GovPlanet, TruckPlanet, Kruse Energy Auctioneers, and Cat® auctions, plus equipment financing and leasing through Ritchie Bros. Financial Services. For more information about the unprecedented choice provided by Ritchie Bros., visit RitchieBros.com.

Photos and video for embedding in media stories are available at rbauction.com/media.

SOURCE Ritchie Bros. Auctioneers