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The brothers began conducting auctions more regularly and in 1958 incorporated Ritchie Bros. Auction Galleries Ltd. to formalize their new business. [4]: 17 Ritchie Bros. began selling used equipment in the 1960s. In 1963 Dave Ritchie moved to Vancouver, B.C. and rented an auction site on S.E. Marine Drive. He set up the company's first ...
With a well-designed auction, resources are allocated efficiently to the parties that value them the most, the government securing revenue in the process. [1] Spectrum auctions are a step toward market-based spectrum management and privatization of public airwaves, and are a way for governments to allocate scarce resources.
Mecum's auctions attract a varied clientele, [16] including a large number of non-bidding spectators, who make up approximately 90 percent of attendees. [3] Events receive anywhere from 20,000 to 100,000 attendees. [9] The inaugural auction event, known as the Rockford Spring Classic, was held at the Greater Rockford Airport in 1988.
In 2016, LeadingRE and Luxury Portfolio International announced Concierge Auctions as the auction provider and an at-ready source for its members. [12] In 2017, Concierge Auctions sold more than $340 million from 81 sales. [7] Forbes reported that almost 90 percent of its auctions were conducted through a smart phone app that year. [10]
During the Cold War, Wurtsmith was one of three Strategic Air Command (SAC) bases in Michigan with the B-52 bomber, the others (Kincheloe AFB and Sawyer AFB) were in the Upper Peninsula. The base was named in honor of Major General Paul Wurtsmith , commander of SAC's Eighth Air Force, who was killed when his B-25 Mitchell bomber crashed on Cold ...
Theodore Levin United States Courthouse in Detroit, taken January 2010. Federal Building and U.S. Courthouse in Port Huron, taken August 2003.. The United States District Court for the Eastern District of Michigan (in case citations, E.D. Mich.) is the federal district court with jurisdiction over the eastern half of the Lower Peninsula of the State of Michigan.
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