Daily Dirt

Cat Auction Services Heavy Equipment Auction — Bid Live Online At Proxibid March 26

Proxibid, provider of live auction webcasting services, today announced that it will provide live online bidding for a major heavy equipment auction presented by Cat Auction Services.

The live auction will take place Thursday, March 26 at 9 am CDT at the Elko Speedway in Elko, MN with live online bidding beginning at that time. Auction registration and pre-bidding are already available at: www.proxibid.com/catauctions.

For 2009 and beyond, Caterpillar has teamed up with Richard Childress Racing and driver Jeff Burton and the Cat Show Car will be available for viewing at this auction at Elko Speedway.

Surplus equipment from OMG-Midwest, Doboszenski and Sons, Shaw Earth Moving, Inc., and others will cross the auction block during this live auction webcast. More than 250 pieces of high-quality equipment will be featured during the event, including: skid steer loaders, hydraulic excavators, motor graders, wheel loaders, asphalt loaders, dump trucks and much more.

Cat Auction Services offers its buyers detailed inspections, a range of equipment protection plans on qualified Caterpillar equipment as well as Cat dealer parts and service support before and after the sale. Bidders will also enjoy Proxibid’s full-service customer service and support, which will be available before, during and after the live auction webcast.

Cat Auction Services was formed in 2008 and is a unique partnership of Caterpillar dealers. Cat Auction Services enhances dealer offerings to give customers another option in buying and selling used equipment. The company’s expertise in the heavy equipment industry and world-class product support capabilities allow them to offer a level of quality and assurance never before seen in the auction industry.

Proxibid has webcast more than 16,000 auctions since 2002, and hosts more than 100 equipment auctions each month.

Chuck Martz Named Vice President, Sumitomo Heavy Industries, Ltd.

Chuck Martz, chairman, CEO, and president of Link-Belt Construction Equipment Company, Lexington, KY, has been named vice president of Sumitomo Heavy Industries, Ltd. (SHI) in Tokyo, Japan. The appointment, made by SHI executive management in Japan, is effective April 1. SHI is the parent company of Link-Belt Construction Equipment Co.

Martz is the first officer from a U.S. subsidiary to ever achieve this level in the SHI organization.

Martz became Chairman of the Board of Link-Belt Construction Equipment Co. earlier in 2009 adding to his current responsibilities of president and CEO. He replaced the retiring chairman, Mr. T. Nagano.

Martz joined Link-Belt in 1975 after graduating from the University of Kentucky with a BS degree in Accounting. After holding various accounting and financial positions, he was named vice president, Finance and Administration in 1990. In 1994, he was named vice president of Manufacturing and then executive vice-president in 1997. In September 1998, Martz was named president of Link-Belt and, in 2007, CEO.

Congratulations, Chuck from Site-K Construction Zone!

Greg Sitek

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