Ritchie Bros. to conduct Concrete Industry Management fundraising auction on Feb. 4, followed by an equipment auction at its Las Vegas site on Feb. 6

LAS VEGAS, Jan. 27, 2015 /CNW/ - Ritchie Bros. Auctioneers (NYSE and TSX: RBA), the world's largest industrial auctioneer, will sell over 50 items during a fundraising auction for Concrete Industry Management (CIM) programs at World of Concrete in Las Vegas, Nevada on February 4, 2015. Items sold will include a new 2014 Mack Granite® concrete mixer truck, donated by Mack Trucks Inc. and McNeilus Co. The auction starts at 1:00 p.m. in the North Hall of the Las Vegas Convention Center (N262). All items will be sold to the highest bidders--there are no minimum bids or reserve prices. Bidders can participate in person or online in real time at rbauction.com. Ritchie Bros. will also have an exhibit at World of Concrete (Feb. 3-6, booth C4111) and conduct an unreserved equipment auction at its Las Vegas auction site (Feb. 6).

"All funds raised by the CIM auction will support and benefit future leaders of the concrete industry, and we're proud to help out for the 10(th) consecutive year," said Joe Byers, Regional Sales Manager, Ritchie Bros. Auctioneers. "Many of our customers attend World of Concrete every year and look forward to participating in the CIM auction to support a great cause. We try to save our customers time and money by scheduling our first Las Vegas equipment auction around this annual event."

The purpose of the Concrete Industry Management (CIM) Program is to produce graduates grounded in the basics of concrete's production techniques and its use in a multitude of construction applications. All proceeds from the 2015 CIM auction will benefit the CIM National Steering Committee (NSC) and support current CIM programs, the new Executive MBA program, as well as help fund future program expansion.

Some of the donated auction items include:


    --  Mack Granite® axle forward model mounted with a McNeilus 11-cubic-yard
        Bridgemaster® concrete transit mixer, donated by Mack Trucks, Inc. and
        McNeilus Co., a Division of Oshkosh Truck.
    --  Los Angeles sports weekend getaway (Lakers, Kings and Clippers tickets
        included)
    --  Ten truckloads of Portland cement
    --  Chicago sports weekend getaway (Bulls and Blackhawks tickets included)
    --  New York vacation, including Yankees and Broadway tickets
    --  Seascape Resort and Monterey Bay holiday package
    --  Sawgrass golf and beach holiday

For detailed item information, photos and more, visit rbauction.com/heavy-equipment-auctions/cim-charity-auction.

In addition to the CIM fundraising event, Ritchie Bros. will be conducting an unreserved public auction at its permanent auction site in Las Vegas on February 6, with both on-site and online bidding. More than 1,000 heavy equipment items and trucks will be sold. For more information about the Las Vegas auction, visit rbauction.com/Vegas.

The Ritchie Bros. auction calendar currently features more than 110 unreserved public auctions around the world. Visit rbauction.com for a complete list of upcoming auctions.

About Ritchie Bros.
 Established in 1958, Ritchie Bros. (NYSE and TSX: RBA) is the world's largest seller of used equipment for the construction, transportation, agriculture, material handling, energy, mining, forestry, marine and other industries. Ritchie Bros.( TM) solutions make it easy for the world's builders to buy and sell equipment with confidence, including live unreserved public auctions with on-site and online bidding (rbauction.com), the EquipmentOne(TM) secure online marketplace (EquipmentOne.com), a professional corporate asset management program, and a range of value-added services, including equipment financing for customers through Ritchie Bros. Financial Services (rbauctionfinance.com). Ritchie Bros. has operations in more than 25 countries, including 44 auction sites worldwide. Learn more at RitchieBros.com.

ATTENTION MEDIA: Photos and other media resources are available for use at rbauction.com/media. Members of the public and the media can follow Ritchie Bros. on Twitter @RitchieBros.

SOURCE Ritchie Bros. Auctioneers