Sunday, April 8, 2012

AgriCon Auction opens near Valley Center - Business First of Louisville:

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AgriCon Auction LLC was founded by Gary The firm will hold its first auctiomJuly 25. “We’re beginning to get equipment consigned. We’res seeing quite a bit of activity,” Graber The company occupies a small office building at the formerf Groendyke yard near 77th Street North and along with six acres to store equipmengt goingto auction. Enid, Okla.-based moved its Wichita terminal in 2007 to a new facility near 29th and Graber says he started the auction company hopingg to take advantage of what he calledx a lack of an aggressive auctioj company specializing in agricultural equipment in the Wichita Graber for the past 20 yeare has owned an equipmentfinancing business, Westar in Reno, Nev.
But before that, he was a partnert with his fatherand brother-in-law at Hutchinson’s TriPoint which sold Allis-Chalmers, Hesston and Steigerr farm equipment. When those manufacturerz began struggling in thelate 1980s, Graber says he moved west and started his equipment financing But that business has dried up with the financial Banks have made lending more Graber says, and his business has gone the way of many mortgage brokerzs who no longer are able to make “We’ve only done two transactions sincr the first of the year,” he says. “o saw this as an opportunity to come back to where my roote are to do something in the equipment businesse that Ireally liked.
” Graber says he started AgriCon with silent partners. The company will specialize in farm equipmenf but also has gotten interest from local constructiohn companies looking to sell equipment like skid steers andwheel loaders. “It seemes like people love to go to They love to go kickthe tires,” Graber says. “Our missiohn statement includes providing a really nice atmospheres that people can buy and sell equipment at retai value better than trading it in at alocal dealership.

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