The Company

The Company has performed successfully in a large number of programs where the owner/clients wish to maximize their investment recovery through the sale of their surplus and used equipment. L.C. Mayfield Associates sells, evaluates and recommends: equipment, systems, process units, and complete facilities. The aim of our company is to reduce the owner expense and administrative cost while still obtaining maximum investment recovery. In the case of buyers of surplus and used equipment, we allow their companies to obtain a reduced fair market value for their purchases. Our company is results-oriented and operates only on a commission generated from sales for the equipment owner.
The company's main objective for equipment sales has been from refineries, chemical plants, demolition contracts, and related industries throughout the U.S. The company is not in selling competition with equipment owners as it does not buy or own any goods inventory nor carry any inventory on the books. All materials sold by the company are released for sale by the owner-client who is under contract with the company. The company operated within the guidelines of the owner's administrative Investment Recovery Program. Higher sales prices, quicker surplus disposal, savings in administrative costs should net the owner at least equal results after commissions are paid. The compant carries major liability, auto, and workman's compensation insurance.

How Is It Accomplished?

Some materials are: shipped to, consigned, consolidated, and inventoried at the company's warehouse in Crosby, Texas. Almost all sales from the owner's field locations and our warehouse location are sold by both soliciting and receiving competitive bids through the use of our extensive company-developed buyers listings of both U.S. and International companies. The buyers list is broken down by types of material and stored on a computer. Extensive files and record keeping on each sale are maintained for the purpose of owner-client year end audit. The company also offers and has client "Scrap Management Programs". L.C. Mayfield Associates, Inc., is not an auction-type company, and we have found our method of disposal to bring higher overall revenue results for our client-owners.

Our company employees work together as a small team to provide a service not ordinarily available within the client's organization. We work as part of the full time staff within the client's complex, at the project job sites, and by frequent visits to the client's facility to develop the surplus material inventories and sales prospects. The method of operation is tailored to each client as we attend to his needs and the volume of materials to be liquidated.

The company is a specialist in the areas of:


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Page Updated: 25 Jan 97 Maintained by:FORMA A.S.D.