AgriCon Auction opens near Valley Center - Business Courier of Cincinnati:

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AgriCon Auction LLC was founded by Gary The firm will hold its first auctionJuly 25. “We’re beginning to get equipmenr consigned. We’re seeing quite a bit of Graber says. The company occupiez a small office building at the former Groendyke yard near 77th Street Northand Broadway, along with six acrexs to store equipment going to auction. Okla.-based moved its Wichita terminal in 2007 to a new facility near 29thand Ohio. Graber says he startedf the auction company hoping to take advantager of what he called a lack of an aggressivse auction company specializing in agricultural equipment in theWichita market.
Graber for the past 20 yearsw has owned an equipmenyfinancing business, Westar Capital, in Reno, Nev. But befors that, he was a partner with his fatherand brother-in-law at Hutchinson’ss TriPoint Equipment, which sold Allis-Chalmers, Hesston and Steiget farm equipment. When those manufacturers beganj struggling in thelate 1980s, Graber says he moved west and startef his equipment financing business. But that business has drie up with thefinancial crisis. Banks have made lending more Graber says, and his business has gone the way of many mortgagew brokers who no longefr are able tomake deals. “We’vr only done two transactions since the first of the he says.
“I saw this as an opportunit to come back to where my roota are to do something in the equipment business that Ireally liked.” Graber says he startecd AgriCon with silent partners. The company will specialize in farm equipmengt but also has gotten interest from local constructiohn companies looking to sell equipment like skid steers andwheel loaders. “Ig seems like people love to go to They love to go kick the Graber says. “Our mission statement includes providingb a really nice atmosphere that people can buy and sell equipmentr at retail value better than trading it in at aloca dealership.
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