Get FinancingAuctionTime.com Helps Black Star ACA Overcome Logistical Challenges to Sell Huge Puerto Rico Consignment Package for Corteva Agriscience
Despite logistical disruptions and extreme market volatility due to the worldwide coronavirus (COVID-19) pandemic, Chicago-based Black Star ACA, LLC sold a huge equipment package based in Puerto Rico in last week’s online-only auctions on AuctionTime.com.
Global agricultural chemical and seed company Corteva Agriscience consigned the package to Black Star ACA, which then faced the challenge of marketing and selling the equipment from its island location. “We were chosen by Corteva to sell these assets due to our experience with complex asset disbursements and a tailored marketing approach,” said Mike LeMaster, Director of Strategy and Business Development for Black Star ACA. “Mind you, the decision was made before COVID-19 restrictions were put in place.”
Leveraging the global reach and remote capabilities of the AuctionTime.com online auction platform, Black Star ACA sold the 210-item equipment package for $1,060,000 (gross auction proceeds) during AuctionTime.com’s two-day auction. “We are pleased to share that Wednesday and Thursday’s AuctionTime results achieved our customer’s expectations,” said LeMaster. “Considering all of the circumstances, we are very proud of the asset values and the amount of new auction buyers, both in the U.S. and Puerto Rico. Our Black Star team rallied with our customer, our online partners, and freight partner, to make this a huge success.”
April 8th-9th Black Star ACA Auction Highlights
The package included a range of agricultural, specialty crop, and construction equipment, including the following.
2014 Deere 550K XLT Crawler Dozer
Sold Price: $60,900 (USD)
View Auction Result
2015 Deere 310K Loader Backhoe
Sold Price: $41,738 (USD)
View Auction Result
2013 OXBO 2460 Seed Corn Harvester
Sold Price: $161,175 (USD)
View Auction Result
2013 John Deere 8285R 285HP Tractor
Sold Price: $80,325 (USD)
View Auction Result
About AuctionTime.com
Powered by TractorHouse, SpecialtyCropEQ, Machinery Trader, CraneTrader, ForestryTrader, LiftsToday.com, Truck Paper, and MarketBook, AuctionTime.com is a product of Sandhills Global—an information processing company headquartered in Lincoln, Nebraska. AuctionTime equipment listings appear both online and in print across Sandhills' trade publications and corresponding websites to reach buyers around the world in the trucking, agriculture, construction, and heavy equipment industries. Anyone with equipment, trucks, or trailers can sell them on AuctionTime.com. Call 800-334-7443 to find a local auctioneer or see a list of auctioneers in your area on AuctionTime.com.
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About Black Star ACA, LLC
Black Star Asset Conversion & Appraisal is a family-run business that boasts extensive experience in asset conversion, construction equipment, operations, and truck sales. The company works hand in hand with clients to obtain a firm understanding of their specific needs and reasons for buying or selling. With a thorough understanding of their clients’ goals, Black Star uses its industry knowledge and connections to champion those clients, maximizing their returns and optimizing investments.
Contact Black Star ACA, LLC
https://blackstaraca.com/contact
800-610-2192