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Last updated on April 23, 2014 at 21:24 EDT

Large selection of high-quality, late-model equipment from T.J. Lambrecht Construction being sold at upcoming Ritchie Bros. auctions in Texas, Missouri and Illinois

November 28, 2012

Huge opportunity to acquire high-quality, late-model equipment from a
member of ENR’s Top 400 contractors

CHICAGO, Nov. 28, 2012 /PRNewswire/ – Ritchie Bros. Auctioneers (NYSE and TSX:
RBA), the world’s largest industrial auctioneer, announced today that
it will sell hundreds of heavy equipment items for Chicago-based T.J.
Lambrecht Construction at several upcoming unreserved public auctions, including: Fort Worth, TX (December 4 & 5); Chicago, IL (December 12)
and Kansas City, MO (December 13). Every item will be sold to the
highest bidder, regardless of price–without minimum bids or reserve
prices. Bids at each auction can be made in person, online in real time
at rbauction.com or by proxy.

T.J. Lambrecht Construction is a member of the Engineering News Record’s
(ENR) Top 400 contractors and one of the largest heavy civil
contractors in the United States. The company is winding down
operations and Ritchie Bros. will conduct the dispersal of more than
250 well-maintained heavy equipment items from its quality fleet,
including a large selection of articulated dump trucks, crawler
tractors, motor scrapers, pull scrapers, hydraulic excavators, motor
graders, truck tractors and more.

“T.J. Lambrecht has always taken great pride in its fleet and has
maintained it in a manner to assure its utmost dependability and
performance in the field,” said Dan Klingberg, President, T.J.
Lambrecht Construction, Inc. “We feel strongly that this fleet is
second to none and are confident that its value will be recognized by
our peers in the industry.  By teaming with Ritchie Bros., we are
confident that we have the best possible partner to market and
communicate these attributes to all potential buyers worldwide.”

With more than 60 years in both the private and public sectors, T.J.
Lambrecht has grown its fleet of equipment and completed a range of
complex projects that have built its reputation as one of the top heavy
civil contractors in the industry. Project highlights for T.J.
Lambrecht include the Chicago O’Hare International Airport
Modernization Program, the Texas Motor Speedway, the Arcadia Lake Dam
and a wide range of other projects in the transportation, site
development, environmental, water resources and design-build markets.

All the information about the equipment dispersal from T.J. Lambrecht
Construction can be found at rbauction.com/TJL. Anyone interested in the equipment is welcome to visit the auction
sites to inspect and test the equipment prior to the auction (contact
the auction site for hours of operation). If unable to visit the site
in person, interested bidders can view high-resolution photos, get
detailed equipment information and register to bid online in the
auctions at rbauction.com/TJL. Equipment highlights at upcoming Ritchie Bros. auctions featuring T.J.
Lambrecht equipment, include:

Fort Worth, TX (December 4 & 5), start time: 8:00 a.m. (Central Time)
Auction location: Ritchie Bros.’ Fort Worth auction site (6050 Azle Avenue, Lakeworth, TX
76135)
Site phone: +1.817.237.6544

        --  More than 100 T.J. Lambrecht equipment items, including:
      o Five 2007 Caterpillar 631G motor scrapers
      o A 2011 Caterpillar 329D hydraulic excavator

Chicago, IL (December 12), start time: 8:00 a.m. (Central Time)
Auction location: Ritchie Bros.’ Chicago auction site (2400 Ritchie Road, Morris, IL
60450)
Site phone: +1.815.941.6400

        --  More than 120 T.J. Lambrecht equipment items, including:
      o Six 2008 Caterpillar D6T LGP crawler tractors
      o Five 2007 and six 2005 Caterpillar 740 6x6 articulated dump trucks

Kansas City, MO (December 13), start time: 8:00 a.m. (Central Time)
Auction location: Ritchie Bros.’ Kansas City auction site (1800 W Old 40 Hwy., Odessa, MO
64076)
Site phone: +1.816.633.4096

        --  More than 15 T.J. Lambrecht equipment items, including:
      o A 2011 Caterpillar 329DL hydraulic excavator
      o A 2009 Caterpillar D8T crawler tractor

“We are very proud to be conducting the dispersal for one of the
nation’s top heavy civil contractors,” said Kieran Holm, Vice
President, Sales, Ritchie Bros. Auctioneers. “T.J. Lambrecht’s resume
is well known across the nation for the complexity of their projects
and quality of the work they deliver. This work is reflected in the
high-quality fleet of heavy construction equipment they maintain. If
you’re in the market for quality heavy earthmoving and construction
gear, be sure to register for our December auctions in Fort Worth,
Chicago and Kansas City. Each auction presents a unique opportunity to
acquire quality equipment for contractors of all types. And, as with
all of our auctions, all of the equipment at our Fort Worth, Chicago
and Kansas City auctions will be sold to the highest bidder, regardless
of price.”

General auction details: Fort Worth, TX; Chicago, IL and Kansas City, MO

        --  Every auction is open to the public; registration to bid is
            free; a refundable bid deposit may be required
        --  How to register and bid:
      o In person at the auction site
      o Online at rbauction.com -
        create a free account to register in advance and bid online in real
        time on auction day; a refundable bid deposit may be required;
        first-time online bidders should register several days in advance
        of the auction
      o By proxy - phone the auction site to place a proxy bid
        --  Auction site telephone numbers:
      o Fort Worth, TX: +1.817.237.6544
      o Chicago, IL: +1.815.941.6400
      o Kansas City, MO: +1.816.633.4096
        --  T.J. Lambrecht equipment is located and available to inspect at
            the Ritchie Bros. auction sites in Fort Worth, TX; Chicago, IL
            and Kansas City, MO
      o For more information about this quality equipment dispersal from
        T.J. Lambrecht Construction, go to
        www.rbauction.com/TJL.

About Ritchie Bros.
Established in 1958, Ritchie Bros. Auctioneers (NYSE and TSX: RBA) is
the world’s largest industrial auctioneer, selling more equipment to
on-site and online bidders than any other company in the world. Ritchie
Bros. offers services that enable the world’s builders to easily and
confidently exchange equipment. The Company conducts hundreds of
unreserved public auctions each year, selling a broad range of used and unused equipment, trucks and other assets utilized in the construction, transportation, agricultural, material handling, mining, forestry, petroleum and marine industries. Ritchie Bros. has over 110 locations in more than 25
countries, including 44 auction sites worldwide. The Company maintains
a web site at www.rbauction.com and sponsors an equipment wiki at www.RitchieWiki.com.

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

SOURCE Ritchie Bros. Auctioneers


Source: PR Newswire