May 4, 2024 6:12 am
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Company postpones plans for Casa Grande development

Ritchie Bros., Orlando, Fla.
Ritchie Bros., Orlando, Fla.

By Melissa St. Aude | Casa Grande Dispatch

Casa Grande will not be home to a Ritchie Bros. auction yard any time soon.

A development agreement between the Canadian- based auctioneer and the city of Casa Grande has expired and the company has postponed its plans to build a new facility on Jimmie Kerr Boulevard.

Chris Holmberg, regional sales manager for Ritchie Bros., said the move is part of an overall strategy for the company to better align costs with revenue.

“We have recently implemented a plan to reor- ganize some of our functions within the business to reflect our current strategies,” Holmberg said. “This has resulted in the implementation of new policies to create efficiencies for our operations, including the postponement to commence construction at our future location in Casa Grande.”

 

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