About Us
Our Approach
Transcoastal Equipment offers buyers a cost and time saving approach consistent with the need to secure quality new, refurbished and used equipment. Transcoastal offers global services where buyers can easily locate major construction, oilfield and pipeline components and equipment at significantly reduced prices. Sellers utilize Transcoastal services for the exposure their equipment receives and to maximize the best return on their idle assets. This increases the potential to recover their investments.
Our business is founded on the following key principles:
Focus on energy related companies with non-performing assets where our strengths and experience can best be employed.
Providing a team of specialists in valuation, marketing and professional sales services.
Getting to know each client like family, understand their business needs, their near and long-term goals, and the ability to work within their financial and operational challenges so that we can develop appropriate and creative solutions.
Execute our assignments with utmost integrity, quality, thoughtfulness and urgency.
Build long-term relationships within our buyer and vendor network through trust, high quality advice and seamless execution of the client requirements. We take a long-term view of every client relationship.
Remain flexible and competitive in structuring our fees and align our economic interests with those of our clients.
Transcoastal Provides:
International exposure for ecommerce buying/selling of power generation, oilfield and construction equipment.
An opportunity for our equipment owners to achieve quick disposition of their assets in parity with current or anticipated market conditions.
Targeted global audience participation through our alliances with industry specific trade organizations, online ecommerce platforms, governmental agencies, financial institutions and utility procurement departments.
Transcoastal takes a non-traditional, client-driven approach by managing every aspect of a transaction.
Because of the relationships we have forged with utility equipment owners, Transcoastal is able to maintain and offer a very large and reliable assortment of hard-to-find, quality components, which are reasonably priced and in excellent condition.
Exposure and professional management is the key to a successful transaction.
Scope of Services
Transcoastals expertise spans a cross-section of industries whose professionals have joined forces to maximize their exposure within the global Internet marketplace. Our approach to acquiring inventory, representing clients and consummating transactions is unique to its field. Transcoastal commands a distinguished presence in the international pipeline, oilfield and construction equipment marketplace through its integrated network of both on and offline partnerships.
All equipment is displayed and marketed through a variety of strategic initiatives including ecommerce, where buyers and sellers actively converge to determine need, price and availability. Transcoastals product offerings are not just grouped together and mass marketed; rather, equipment is segregated and marketed directly to potential buyers within that industry.
This is further accomplished through direct contact with buyers and sellers, traditional marketing methods and utilization of cross branding strategies with online business communities, as well as aggressive direct marketing campaigns via fax, email or normal postal service mechanisms. The end result is unprecedented exposure of equipment to targeted audiences, thereby improving the prospects for selling as well as purchasing and optimizing the return on investment.
Management Expertise
Transcoastal is operated and managed by a forward-thinking and client-centered team with extensive marketing, business development and operations management experience. We have a strong record of accomplishment in the sale of equipment and assets both domestically and internationally. Our record of achievement speaks for itself. These professionals have joined together and work tirelessly on the behalf of our clients to cultivate qualified, industry-specific prospects in order to sell a host of surplus equipment, new, used and refurbished.
The company's managerial team consists of highly trained technical and business personnel with a diverse expertise in construction, oilfield, pipeline and management and goes the extra mile to handle each client like family. Transcoastal is more than merely an Internet sales, marketing or procurement firm; it is better described as a multi-faceted business-to-business network providing its experience, knowledge, and contacts over a global spectrum of industries to achieve real results for our clients.
About the President
Charles Smith, our President and Founder, brings his decades of global marketing and sales experience with an extensive network of connections to help provide our clients with the highest quality and affordability in meeting their equipment needs. With over 35 years of conducting successful sales campaign’s Internationally with extensive experience in the construction, pipeline and oilfield markets. Charles began his long career working with Miller & Miller Auctioneers in the early 1970’s, and is credited for being involved in the first satellite auction sale broadcast worldwide. Charles was involved in pioneering the auction industry in Middle East Saudi Arabia and the Gulf region and with over 17 yrs. Of successful sales and hundreds of millions sold under his direction.
More recently, he was the first civilian in history selected by the US Department of Defense in Saudi Arabia to sale the Surplus War Equipment and Materials after Desert Shield Desert Storm in the early 1990’s and shattered all records previously set for return on investment. He received Commendation letters from Brigadier Generals and Army Colonels citing him for his innovative vision, professionalism, integrity and dedication.
Charles has worked and established continued working relationships of over 35 or more years with companies such as Aramco, Exxon, Shell, Mobil, Saudi Electric Co, SADAF, and Consolidated Contractors Companies just to mention a few.