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Surplus Record is the leading independent business directory of surplus, new, and used machine tools, machinery, and industrial equipment in the United States. It was founded in 1924 by Thomas P. Scanlan . The monthly directory, which is hundreds of pages long, has been referred to as "the bible of the used and surplus capital equipment ...
Ritchie Bros. Auctioneers was established in Kelowna, British Columbia, Canada. A Canadian company which the three Ritchie brothers – Ken, John and Dave Ritchie – took over the OK Used Furniture Store from their father in 1955. They entered the auction business in 1958 when they needed CA$2,000 to pay a bank debt on short notice.
The Atchison Storage Facility, commonly known as the Atchison Caves is a 2.7 million square foot underground storage facility in a former pillar limestone mine 50 to 150 feet (15 to 46 m) below the ground in the Missouri River bluffs at Atchison, Kansas. The bunker complex was a secure U.S. government storage facility from World War II until 2013.
Private electronic market. Software. v. t. e. A government auction or a public auction is an auction held on behalf of a government in which the property to be auctioned is either property owned by the government or property which is sold under the authority of a court of law or a government agency with similar authority.
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The surplus equipment includes grenade launchers, helicopters, military robots, M-16 service rifles, armored vehicles, riverboats, Battle Dress Uniform clothing, and information technology equipment. In 2011, the program resulted in the DoD giving away nearly $500 million worth of equipment, while in 2010, $212 million in gear were distributed.
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