Maynards, a leader in industrial asset disposition and auction services, will conduct a live webcast auction of multi-million-dollar mining equipment from bankrupt coal miner Clintwood JOD next month.
The sale presents an exceptional opportunity for mining contractors, aggregate producers construction companies, equipment dealers and other buyers to acquire heavy-duty equipment from leading manufacturers, including Caterpillar, John Deere, Volvo, Komatsu, Ingersoll Rand, Atlas Copco and Superior, Maynards noted. The equipment includes numerous machines that are as new as 2023, offering buyers access to modern, high-capacity equipment without the lead times associated with purchasing new machinery.
Featured equipment includes Caterpillar D10T2 and D11 crawler dozers; Caterpillar 992 and 988K wheel loaders; Caterpillar 308CR and Komatsu PC490LC-10 excavators; Caterpillar 16M and 16G motor graders; Caterpillar 785D and 777D haul trucks; Superior Highwall Miners; and Atlas Copco and Ingersoll Rand drilling rigs.
Additional assets include a Case TR270B CTL skid steer, shuttlewagon railcar mover and John Deere 6125M tractor, further broadening the range of equipment available to buyers across mining, construction and related industries.
Taso Sofikitis, CEO of Maynards Group of Companies, said: “Clintwood JOD represents a significant opportunity for buyers seeking quality mining and heavy construction equipment from some of the industry’s most respected manufacturers. With a strong selection of relatively recent equipment, this auction gives qualified buyers the opportunity to compete for assets that can support demanding operations while potentially delivering substantial value compared with purchasing new equipment.”
The live webcast auction begins on September 15 at 11:00 a.m. Eastern Time, with the equipment located at 15888 Ferrells Creek Road, Belcher, Kentucky.
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