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As of 2016, Mecum auctions 15,000 vehicles annually, ranging from muscle cars to pre-World War I vehicles, with annual sales of $300 million. [29] [30] The company specializes in muscle cars from the 1950s to 1970s. [31] By 2017, the company had added separate auction events dealing solely with motorcycles and farmer tractors respectively.
SRC was established in 1983 when 13 employees of International Harvester purchased a part of that company that rebuilt truck engines, [3] with $100,000 of their own money and $8.9 million in loans, with the goal of saving 119 jobs. [4] By 1988, SRC's debt to equity ratio was down to 1.8 to 1, and the business had a value of $43 million.
In 1968, Ritchie Bros. Auctioneers held its first auction with gross proceeds in excess of CA$1 million, in Edmonton, Alberta, Canada. [4]: 39 Edmonton was also the site of the company's first permanent auction site (on company-owned land), which was established in 1976. Until then, Ritchie Bros. had been conducting its auctions on leased land.
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Altria (NYSE: MO) is a stock that you are likely to either love or hate. Dividend investors are the most likely kind of investor to be attracted to Altria thanks to the stock's huge 7.3% dividend ...
The Kansas City Live Stock Exchange building was the headquarters of the former historic Kansas City Stockyards. It is located at 1600 Gennesse in Kansas City, Missouri , in the West Bottoms . The building is on the National Register of Historic Places and is owned by Bill Haw.
After turning it into the largest PDR company in the world, Manheim sold Dent Wizard's United States and Canada markets to H.I.G. Capital, a leading global private equity firm, in November 2010. In 2006, Manheim became interested in Akinvest Inc. [4] This Canadian company started off as a business that speculated on world automobile values in ...
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