Worthy Parts made the trip to Orlando at the end of February for the IEDA Annual Meeting & Vendor Expo! It was a great few days, not only to catch up with friends at the IEDA conference but we also got to experience the big Ritchie Bros. auction being held at the same time. The IEDA events were well organised and we were able to catch up and socialise with some familiar faces which was great. We also met with new valuable contacts from all over the globe. A game or two of golf was a sure way to see the sights and enjoy some competitive fun.
Thanks to all at IEDA- Independent Equipment Dealers Association for another fantastic event, we look forward to the next.
GLOBAL MARKET TRENDS
The mining and construction industry has picked up worldwide, and a big problem discuss at the expo is that we are all facing is machine availability. The struggle to purchase new OEM machines is real and all the independent dealers are busy trying to source good low hour or rebuilt units for their customers. With anything, market demand has pushed the price of these highly sought-after machines up. You only need to look at the release of Ritchie Bros. results from the Orlando auction to see they broke their own records for the highest grossing auction, US $278m! So, if you have a machine sitting idle which you’d like to sell, please contact us today.