IronPlanet Named One of Oldcastle Materials Strategic Partners

Pleasanton, CA - IronPlanet, one of the world's leading online auction marketplaces for used construction and agricultural equipment, announces its new partnership with Oldcastle Materials, making the online auction company one of its qualified agents for equipment disposal.

Oldcastle Materials, headquartered in Atlanta, GA, is one of the nation's leading suppliers of aggregates, asphalt, ready mixed concrete and paving services. With over 1,400 locations nationwide, the company works with clients large and small ranging from government agencies to construction companies. With their large and dispersed fleet of equipment, Oldcastle Materials will utilize IronPlanet's online auctions services for equipment disposal and fleet management initiatives.

"We are extremely excited about adding IronPlanet to our list of partners and the value they offer to our operating companies across the nation," said Dan Connelly, vice president of equipment services at Oldcastle Materials. "IronPlanet's proven success and global reach will help us to competitively remarket our used equipment by providing an efficient disposal process that delivers the maximum net proceeds."

At IronPlanet, the equipment sells from the consignor's location saving the seller expensive transportation costs. The weekly online auctions allow sellers to turn their equipment into cash within four to five weeks, from consignment to payment. The detailed inspection reports and exclusive IronClad Assurance attract bidders from around the world and enable buyers to bid with a high degree of confidence.

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