MRO Magazine

HMR Auction Signs Exclusive Auction Partnership Agreement with Proxibid, Brings First Sale Online

By Business Wire News   


Proxibid (, the most trusted online Marketplace for buying and selling highly valued items, today announced it has entered into an agreement with HMR Auction (, the Philippines’ largest full-service auction and valuation company, whereby HMR Auction will bring its auctions online exclusively in the Proxibid Marketplace. HMR Auction, which specializes in the sale of industrial goods, listed its inaugural sale of a Yankee Dryer Pressure Vessel on Proxibid. The auction is now open for bidding until Friday, May 8 at 5:00 pm AUS (WST) by visiting

Designed for paper manufacturing facilities, this Yankee Dryer is brand new and has never been installed or used. Its current location at the port makes it the perfect option for paper and tissue manufacturing facilities as it can easily be shipped to any destination. With Proxibid, any buyer from anywhere in the world with an Internet connection can log on and bid in this auction. The online Marketplace boasts the most sophisticated risk management system in the industry, built to manage high dollar transactions like the sale of this Yankee Dryer. Buyers can rest assured that they are safe when purchasing on Proxibid.

“We are excited to work with Proxibid to bring our auctions to a global online audience,” said Joseph Dela Cruz of HMR Auction. “We have chosen to work with Proxibid because of the company’s robust platform and global presence. Proxibid is able to provide us with a sophisticated technical solution with risk management capabilities that outpace anyone else in the industry. That, combined with its Marketplace reach makes it a logical partnership choice for our company.”

Proxibid’s online Marketplace connects buyers and sellers across 15 categories ranging from industrial machinery and equipment and heavy construction equipment to real estate and everything in between. More than 3,000 sellers and hundreds of thousands of buyers rely on the Proxibid Marketplace for secure transactions of highly valued items every day.

For more information about this auction or to place a bid, please visit

Proxibid Social
Visit us online at
“Like” us on Facebook
Follow us on Twitter

About Proxibid
Proxibid provides asset owners of all sizes and buyers with access to the world’s most trusted online Marketplace and selling solutions for excess inventory. More than $3 billion in inventory passes through Proxibid’s marketplace annually in product categories that include heavy equipment; commercial and industrial equipment; real estate; fine art, antiques and collectibles and more.

Founded in 2001, Proxibid is headquartered in Omaha, NE with offices in New York and London. For more information about Proxibid, please visit

Dana Kaufman, 402-505-7776


Stories continue below

Print this page