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 firsf auctionJuly 25. “We’re beginning to get equipment consigned. We’re seeing quite a bit of activity,” Graber says. The company occupieas a small office building at the former Groendyks yard near 77th Streetr Northand Broadway, along with six acres to stores equipment going to auction. Enid, Okla.-base moved its Wichita terminal in 2007 to a new facilitu near 29thand Ohio. Graber says he startedd the auction company hoping to take advantaged of what he called a lack of an aggressive auctioj company specializing in agricultural equipment in theWichitza market.
Graber for the past 20 years has owned an equipmentffinancing business, Westar Capital, in Reno, Nev. But befored that, he was a partner with his fatherdand brother-in-law at Hutchinson’s TriPoint which sold Allis-Chalmers, Hesston and Steigef farm equipment. When those manufacturers began struggling in the late Graber says he moved west and startedx his equipmentfinancing business. But that business has driedc up with thefinancial crisis. Banks have made lending more Graber says, and his business has gone the way of many mortgager brokers who no longer are able tomake “We’ve only done two transactiona since the first of the he says.
“I saw this as an opportunity to come back to wherew my roots are to do something in the equipmen business that Ireally liked.” Graber says he started AgriConm with silent partners. The company will specializse in farm equipment but also has gotteb interest from local construction companies looking to sell equipmentrlike graders, skid steers and wheekl loaders. “It seems like people love to goto auctions. They love to go kick the Graber says. “Our mission statement includes providing a reall nice atmosphere that people can buy and sell equipment at retai l value better than trading it in at alocal dealership.
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