Construction and Support Equipment Formerly Owned

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Posted On: 05/10/2018 3:15:16 PM

Posted By: News Desk 2018

Construction and Support Equipment Formerly Owned by Resource Management Company to be Sold at Auction

Boston, May 10, 2018 (GLOBE NEWSWIRE) -- Gordon Brothers, in alliance with Ritchie Bros. Auctioneers (NYSE and TSX: RBA), announced today that they have entered into an agreement to sell all assets owned by Resource Management Company (RMC.) RMC is a Nashville-based contractor offering heavy equipment and construction services. The company has earned an excellent reputation over its many years of service in the industry. Available assets include a large selection of late model excavators, dozers, loaders, articulated trucks, dump trucks, service vehicles, trailers, and a wide range of attachments and accessories.

Gordon Brothers and Ritchie Bros. will sell the assets at auction in Nashville, Tenn. on June 7, 2018. For inquiries or to view the available equipment please visit rbauction.com or contact +1 (615) 453-4549.

About Gordon Brothers

Since 1903, Gordon Brothers (www.gordonbrothers.com) has helped lenders, operating executives, advisors, and investors move forward through change. The firm brings a powerful combination of expertise and capital to clients, developing customized solutions on an integrated or standalone basis across four service areas: valuations, dispositions, operations, and investments. Whether to fuel growth or facilitate strategic consolidation, Gordon Brothers partners with companies in the retail, commercial, and industrial sectors to put assets to their highest and best use. Gordon Brothers conducts more than $70 billion worth of dispositions and appraisals annually. Gordon Brothers is headquartered in Boston, with 25 offices across four continents.

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; Marketplace ^e , 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.