IronPlanet sells walking dragline for $3 million

IronPlanetbroke its record for the largest single unit ever sold, the online marketplace for used heavy equipment announced on March 11.

A buyer from North Carolina won a Marion 7820 Walking Dragline in IronPlanet’s Daily Marketplace, for the highest bid of $3 million from a seller in Pennsylvania.

“This successful sale between two of the largest aggregate producers in the United States is a prime example of how our global marketplace connects buyers and sellers quickly and effectively,” said Greg Owens, CEO of IronPlanet, in a written statement. “Our Daily Marketplace is a complement to our regular weekly auctions and allows us to reach out to our global network and find the right buyers to meet a seller’s price target, which can be particularly useful when selling high-priced and unique items like the dragline.”

Weighing more than 2,000 tons and consisting of a bucket attachment large enough to accommodate parking for three full-size pickup trucks, the item is one of the largest pieces of equipment sold by IronPlanet.