Ritchie Bros has launched the first phase of its new online used equipment market place, EquipmentOne. The offering, which uses an e-commerce platform developed by AssetNation, the online business acquired by Ritchie Bros last year, will help the company reach customers who do not want to sell equipment through unreserved auctions.

XCMG mfg unit in Brazi The opening ceremony of the XCMG Brazil manufacturing base was held in Pouso Alegre, Minas Gerais in December 2012. The XCMG Brazil manufacturing base is the first wholly-owned production base of XCMG in its internationalisation process. The base, which covers 800,000 sq m, has had a total investment of $200 million and will have a production capability of 7,000 pieces of construction machinery a year.