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Turkish delight – from ANKOMAK 2012

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Back | Posted on May 23, 2012 by Chris

The next international construction exhibition of 2012 is ANKOMAK, the 19th International Construction Machinery, Building Elements & Construction Technologies Exhibition

Taking place between the 6 and 10 June at the Istanbul Expo Centre in Istanbul, Turkey, this biannual expo for the construction industry in the Middle East is the largest international event of its kind in the Eurasia region. With over 250 exhibitors showcasing over 750 brands, ANKOMAK will attract over 25,000 visitors over its five days. ANKOMAK will be attended by a global audience consisting of high calibre buyers including: planners, contractors, engineers, architects, technicians, procurement officers, as well as the world’s media.

Due to its excellent geographical location between Europe and Asia and thanks to close cultural, historical, political and economic ties with Middle East, CIS countries and North Africa; Turkey has a well respected standing in the region. The Turkish construction industry is also the second largest after China in terms of overseas contracting.

For more information on attending ANKOMAK 2012, or for last minute availability of exhibiting space visit: www.ankomak.com

STOP PRESS

The ANKOMAK 2012 issue of Resale Weekly – with 100’s of pages of specialised new and nearly new equipment – is focused on the Middle East region, as well as commercial vehicles. If you have commercial vehicles to sell, have construction equipment and machinery in the Middle East, or are looking for buyers in the Middle East, this is the most appropriate edition for you to advertise in. So, why not book your slot early and get your equipment in front of people that are eagerly looking to buy!

Resale Weekly will also be distributing Free copies of this edition throughout the show via The Press & Media Centre at ANKOMAK 2012 – so if you are attending then please ensure that you pick your copy up.

For more information on advertising in the Resale Weekly ANKOMAK 2012 edition, contact our sales teams on: Tel +44 (0) 20 8471 8221 or email sales@resaleweekly.com

Visit www.resaleweekly.com for more information

Posted in ANKOMAK, Blog Posts, Construction, Construction Equipment, Exhibitions, Industry News, News | Comments off

Construction Equipment & Machinery – Euro Auctions provides a World Round Up for Q1 – 2012

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Back | Posted on May 17, 2012 by Chris

Jonnie Keys, General Manager of Euro Auctions, reviews the world market of new and used construction equipment and machinery, with an insight to what’s hot, what’s not and who’s buying.

Recent events in the global economy have produced surprising results over the last four years. Like water, used machinery and construction equipment has a way of finding its own level and globally, regardless of manufacturing output, used equipment is highly sought after. This results in new markets and emerging demands dictating where machinery is required in the world. With Caterpillar Inc releasing impressive recent financials for 2011, the thirst for used machinery and equipment seems unquenchable. At the end of 2011 the expectations for market activity in early 2012 was optimistic, and now with the first quarter (Q1) of 2012 behind us, what is the feeling in the market for the rest of the year and what has the market to offer?

Worldwide

Manufacturers are now producing again. In the downturn, many geared down quickly and with demand now increasing, the winners are those that are able to gear up production efficiently, as the Year End figures from Caterpillar reflect. With the cost of new equipment up by around 20% on prices in June 2009, the used market is still strong. In mid to late 2011, regardless of make, model and year, prices strengthened for late-used and nearly-new equipment, with the strongest rallying in the 12 to 24 month class.

In 2012, the current trend, which is predicted to continue, is that interest in older machines and equipment in the 24 to 48 month class are the next focus on the ‘wish list’ as market stocks deplete. But what has caused this market shift? Again, showing no sign of fear, Caterpillar will launch 64 new machines in 2012 and will spend $4billion on capital investment.

Ritchie Bros. Auctioneers to acquire AssetNation

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Back | Posted on May 11, 2012 by Chris

Opens new and complementary market sectors and expands addressable market for Ritchie Bros.
Provides best-in-class technology platform and deep e-commerce expertise to facilitate development and launch of unique new services.
Aligns with Ritchie Bros. mission to provide compelling business solutions to enable the world’s builders to easily and confidently exchange equipment.

VANCOUVER, BRITISH COLUMBIA AND HOUSTON, TEXAS, May 9, 2012 /CNW/ – Ritchie Bros. Auctioneers (NYSE and TSX: RBA), the world’s largest industrial auctioneer, today announced that it has agreed to acquire AssetNation, Inc., a leading online marketplace and solutions provider for surplus and salvage assets. Ritchie Bros. intends to continue to grow AssetNation’s core business as well as to leverage their e-commerce expertise and technology platform to develop and launch unique new services for equipment owners whose buying and selling preferences may not be met by the Company’s live unreserved auctions.

AssetNation uses its best-in-class technology platform, strong management and employee team, deep e-commerce expertise and family of global online marketplaces to support buyers and sellers of surplus and salvage assets. AssetNation is active in a number of industry verticals including energy, fleet and distribution, insurance and government. AssetNation is a privately-held company headquartered in Houston, TX with offices in Pittsburgh, PA, Mexico City, MX, and London, UK.

“We are very excited to be welcoming AssetNation into the Ritchie Bros. family. Our values are aligned and we share the same passion for bringing fairness and transparency to the equipment market,” said Ritchie Bros. Chief Executive Officer Peter Blake. “Our success in building the world’s largest equipment auction company through our flagship unreserved auctions has given us a unique understanding of the world’s equipment owners. We intend to leverage this market knowledge and the power of our brand not only to fuel the growth of AssetNation’s business, but also to develop additional solutions that will expand our addressable market and help us meet the diverse and evolving preferences of a segment of the equipment market that we have not traditionally reached with our unreserved auctions.”

Posted in Auctions, Industry News, News, Ritchie Bros | Comments off

‘HOT’ news from South America

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Back | Posted on May 1, 2012 by Chris

All eyes will be on Brazil in May when the 8^th International Trade Fair for Construction Equipment and the 6^th International Trade Fair for Mining Equipment get underway in São Paulo, Brazil – running from 29^th May to 2^nd June.

With South America demanding machinery for a host of large infrastructure projects, the eyes of the mining and construction world will be on this event, providing today’s leading brands with a wonderful showcase for what is new on the market. Following on from the great success of INTERMAT, this is the next ‘must attend’ event in the construction and mining calendar. In addition, the M&T Expo will host a full and exciting programme of conferences, lectures and seminars on the latest technologies for the sector.

Visit http://www.mtexpo.com.br/ for more details.

While both events target construction and mining, regular attendees also include senior executives from the fields of contracting, utilities, environment, government, power generation and quarrying. Read More…

Posted in Exhibitions, Industry News, M&T Expo, Manufacturers, News | Comments off

Turkish delight – from ANKOMAK 2012

Construction Equipment & Machinery – Euro Auctions provides a World Round Up for Q1 – 2012

Ritchie Bros. Auctioneers to acquire AssetNation

‘HOT’ news from South America

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