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Thousands of bidders compete for assets in Highway Equipment Company complete dispersal - Ritchie Hub
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Thousands of bidders compete for assets in Highway Equipment Company complete dispersal

Over 3,000 bidders from over 30 countries participated in the complete dispersal for the Highway Equipment Company, delivering great results for the consignor.

Since 1933, Pennsylvania-based Highway Equipment Co. has been a leading provider of highway, construction, oil and gas, mining, quarry and industrial material handling equipment until it closed operations in September 2024.

The January 23 complete dispersal unreserved auction featured over 2,700 items primarily located in North East, MD, Pittsburgh, and Raleigh NC. Bidders from across 30 different US states and territories competed in the auction, as Ritchie Bros. generated a wide audience of domestic and international buyers for the sale.

“I’d like to offer a thank you to our partners at Hilco and friends at Highway Equipment Company for allowing us to handle this complete dispersal,” said Dave Kreis, Ritchie Bros. Sales Director for Northeast United States. “We were able to use our unmatched global buying audience to attract customers from around world enabling us to deliver fantastic results for this close out sale for Highway Equipment Company.”

Top sellers in complete dispersal for Highway Equipment Company

2022 Screen Machine JXT Tracked Jaw Crushing Plant sold for US$375,000

2023 Hitachi ZW310-6 Wheel Loader: sold for US$197,500

2022 Fuchs MHL340-S5 Wheel Material Handler: sold for US$257,500

2022 Ram 5500 Service Truck: sold for US$126,000

2022 IHI IC120-2 Crawler Carrier: sold for US$115,000

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