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The Surplus Record has been available online since 1986, [4] when buyers would use 2400-baud modems to access it. Currently, it is the largest online directory in the world for surplus capital equipment. [5] The company started its own online auctions in 1999, [1] [6] a year before it was acquired.
G.I. Joe's began in 1952 when Edward Orkney purchased army surplus sleeping bags and then set up a tent in Portland, Oregon, to sell them to the public. [3] Orkney sold out of the sleeping bags and then started selling other army surplus merchandise in a store that then doubled in size by 1956, [3] making it Portland's largest retailer of sporting goods and outdoor gear.
Arcimoto, Inc. is an electric vehicle company headquartered in Eugene, Oregon, that designed, manufactured, and sold the FUV—a tandem two-seat, three-wheeled electric vehicle [2] —and its four variations. [3]
An online auction (also electronic auction, e-auction, virtual auction, or eAuction) is an auction held over the internet and accessed by internet connected devices. [ 1 ] [ 2 ] [ 3 ] Similar to in-person auctions, online auctions come in a variety of types , with different bidding and selling rules.
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.
In 1983, the company started distributions from Eugene, which grew to another warehouse in 1993 in Portland, Oregon. [2] After an expansion with another warehouse in Kent, Washington , Organically Grown Company opened a 120,000-square-foot (11,000 m 2 ) warehouse in Gresham, Oregon , in 2012. [ 2 ]
The company made its money through managed accounts, retail stores, mail order catalogs and the product website. The company was founded in 1973 by Randy Acton. U.S. Cavalry filed for bankruptcy in 2013 and was purchased by Aegis Brand Group, a privately owned facilities services company headquartered in Tennessee. [1]
This action prompted the partners to make Manheim Auto Auction a dealer-only enterprise, making Manheim the largest auto exchange in 1959. [2] By 1966, Manheim Auto Auction established itself as the world's volume leader, selling off 45 vehicles per hour or 700 cars/trucks on a given Friday night at the 16-laned auction.
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