Machinery Pete Podcast - Black Star – New Way to Sell, Find and Appraise Heavy Equipment

Black Star – New Way to Sell, Find and Appraise Heavy Equipment

07/28/23 • 45 min

Machinery Pete talks about the heavy construction equipment market with Andrew and Mike LeMaster with Black Star, an emerging company with a growing footprint across the U.S. helping folks sell, find and appraise all types of heavy construction equipment. The company aims for a more personal touch in the buying/selling process and utilizes innovative new means to get the word out on their current $27M of heavy equipment listings for sale. www.blackstaraca.com

[:40] - Machinery Pete’s intro, setting up today’s topic
[3:22] - Interview with Anndrew and Mike LeMaster begins
[8:25] - Black Star’s footprint & knowledgeable team
[13:59] - Equipment catalog
[19:30] - What does a piece of equipment mean to that owner?
[25:00] - Working analytically post-pandemic
[31:15] - What equipment is in demand in 2023?
[37:17] - Items currently for sale
[43:14] - Final words from Machinery Pete

Machinery Pete was founded in 1989 and has grown from its humble beginnings to a full-fledged marketplace for farming equipment. Greg Peterson, founder and host, has also released Machinery Pete content across platforms including YouTube with his long-running Machinery Pete TV show.

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[:40] - Machinery Pete’s intro, setting up today’s topic
[3:22] - Interview with Anndrew and Mike LeMaster begins
[8:25] - Black Star’s footprint & knowledgeable team
[13:59] - Equipment catalog
[19:30] - What does a piece of equipment mean to that owner?
[25:00] - Working analytically post-pandemic
[31:15] - What equipment is in demand in 2023?
[37:17] - Items currently for sale
[43:14] - Final words from Machinery Pete

Previous Episode

Morton Buildings – Repair & Renovation with Jeremiah Fairbanks

Antique tractors aren’t the only thing being restored on the farm today. Machinery Pete talks with Jeremiah Fairbanks, General Manager of Repair & Renovation with Morton Buildings about the company’s storied 120-year history dating back to 1903, how it transitioned a few years to a 100% employee-owned company and specifically about the company’s strong and growing focus on the Repair & Renovation aspect of its business.

[:40] - Machinery Pete’s intro, equipment market update
[4:25] - How a LinkedIn message led to this episode’s conversation
[5:44] - Interview with Jeremiah Fairbanks begins
[8:13] - Repair/renovation process, history of Morton Buildings
[16:43] - Jeremiah’s construction background
[20:13] - Why people renovate and how the process works
[27:18] - Building trends, supply chain challenges
[35:25] - Student opportunities with Morton Buildings
[40:28] - Final words from Machinery Pete

Next Episode

Tractor Collector Market Trends with Kurt Aumann

Machinery Pete catches up with Kurt Aumann, owner of Aumann Vintage Power in Nokomis, IL. Kurt has been one of the foremost auctioneers in the vintage tractor, farm memorabilia, pedal tractors, toy tractors and farm signs space for decades. Kurt and Pete talk about Aumann Vintage Power 5-Day Annual Fall Auction Oct. 22-26 plus the 14 collector auctions they have coming up Oct. 27 – Dec. 3, 2023.

[:40] - Machinery Pete’s intro, latest market update
[5:48] - Interview with Kurt Aumann begins
[10:00] - About the items in the sale
[14:56] - Connecting with people and adapting to online-only auctions
[19:09] - What is the rarest tractor Kurt has seen?
[29:35] - State of collector market
[38:00] - Connection between farmer & tractor
[50:34] - Final words from Machinery Pete