November 25, 2024 9:10 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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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.