Newsletter #435 (View other news stories)
Defence forklifts sold on auction
Melbourne, Victoria, Australia
Thursday, 5 Nov 2009
 Defence equipment is highly sought-after at auctions. |
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More than AUD4.1 million of industrial equipment including forklifts from the Department of Defence have been sold in a truck and machinery public auction program held over two weeks in Melbourne, Sydney and Townsville.
The Manheim Fowles auctions attracted strong interest from around Australia and the goods sold included construction and earthmoving equipment, coaches, general plant, trucks, trailers and materials handling equipment.
According to Peter Carah, national truck and machinery remarketing manager, competition among bidders was fierce, with the company achieving a new record for the highest price at auction for a mobile crushing plant that sold for AUD665,000.
"Defence equipment is highly sought-after, as buyers know they are bidding on well cared for and well maintained items which, in most cases, compared to the current market, have low utilisation rates," says Carah.
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