PLEASANTON, Calif.--(BUSINESS WIRE)--IronPlanet, the leading online marketplace for buying and selling used heavy equipment and trucks, announced today that it has been selected by the Zachry-Odebrecht Parkway Builders to help manage and sell surplus equipment related to the SH99 Grand Parkway Project in Houston, Texas, as it gets closer to completion.
The equipment surplus is to be sold as the project gets complete and includes cranes, boom lifts, crawler tractors, wheel loaders, trucks, trailers and other late model, low hour equipment. The Texas Department of Transportation awarded the $1.1 billion project for State Highway 99 Grand Parkway Segments F1, F2 and G to Zachry-Odebrecht Parkway Builders in September 2012 and work on these segments is scheduled for completion in early 2016.
“We are excited for the opportunity to work with Zachry-Odebrecht Parkway Builders to help sell their surplus equipment as they are nearing completion of this large road building project,” said Jeff Jeter, IronPlanet president. “IronPlanet’s online marketplaces, and our ability to help our customers dispose of their equipment in an orderly manner as equipment comes off of a construction project, are increasingly appealing to large contractors like Zachry-Odebrecht Parkway Builders. We will be working closely with Zachry-Odebrecht Parkway Builders on this project using our multiple disposition channels to market their equipment to our global buyer base.”
IronPlanet plans to sell the Zachry-Odebrecht equipment through a strategic and targeted combination of its high visibility Daily Marketplace, allEquip, its “buy now” marketplace, as well as IronPlanet’s online weekly Featured Auctions. All of the equipment will be backed by IronPlanet’s IronClad Assurance® guaranteed inspection reports, which assure buyers of an accurate representation of equipment condition so they can buy with confidence. Equipment is available now at www.ironplanet.com.
Zachry-Odebrecht Parkway Builders is a fully integrated design-build joint venture between Zachry Construction Corporation, a privately-owned, leading construction company headquartered in San Antonio, Texas, and Odebrecht Construction, Inc., headquartered in Miami, Florida, and focused on major infrastructure projects in the U.S. Zachry-Odebrecht Parkway Builders assembled a team with deep engineering and construction resources, significant local knowledge and experience, and complex transportation project experience to build the SH99 Grand Parkway, Segments F-1, F-2, and G.
IronPlanet is the leading online marketplace for used heavy equipment and an innovative participant in the multi-billion dollar heavy equipment auction market. Since 2000, IronPlanet has sold over $4 billion of used equipment online and has built a database of more than 1.4 million registered users worldwide. IronPlanet connects buyers and sellers of used equipment with its exclusive IronClad Assurance® buyer protection program and family of sites including IronPlanet®, GovPlanet®, TruckPlanet®, Cat Auction Services, Kruse Energy and Equipment AuctioneersSM, allEquip® and Asset Appraisal ServicesSM. IronPlanet is backed by Accel Partners, Kleiner Perkins Caufield & Byers, Caterpillar, and Volvo. For more information, visit www.ironplanet.com.