Exploration & Processing - Fall 2010 - (Page 83)

BY STACI DAVIDSON REAGAN EQUIPMENT CO. INC. Reagan Equipment is boosting sales by focusing on growth outside of the oil and gas industry and into markets such as marine and agriculture. BY MAKING CHANGES TO IMPROVE ITS MARKET POSITION, REAGAN EQUIPMENT INSULATED ITSELF FROM THE ECONOMY AND IS IN A SIGNIFICANT GROWTH MODE. POWERED BY CHANGE T FALL 2010 he recession has produced many stories of companies that have struggled, cut back significantly and fought hard for survival. The history of Reagan Equipment Co. Inc. has tales of hard-fought success as well, but instead of struggling during this recession, changes it made a few years ago have allowed it to grow significantly. Founded in 1947 in Natchez, Miss., Reagan Equipment got its start as a machine shop that serviced oilfield components such as drill pipe, draw works and steam boilers. In its early days, the company also was the exclusive dealer of Waukesha engines in Mississippi. Over the years, it continued to expand its services to the oilfield industry – on and offshore – including the supply of power packages to its oil customers. “Our customers say there is never a service problem that we can’t solve, which goes well with our motto of ‘power driven by service,’” Director of Sales Victor McCullough states. “We are distinguished by the quality of our products and the level of service that we provide.” Although Reagan Equipment amassed extensive expertise in its industry and became well known as a reliable service provider, its business began to plateau a few years ago. The company brought in branding consultants to determine how it could get a boost. COMPANY PROFILE Reagan Equipment Co. Inc. www.reaganpower.com Headquarters: Gretna, La. Employees: 134 Service: Power-generation supVictor McCullough, director of sales: “We are correctly posi- port and service tioned for the future. Power generation is getting smarter and smarter.” EXPLORATION-PROCESSING.COM | 83 http://www.EXPLORATION-PROCESSING.COM

Table of Contents for the Digital Edition of Exploration & Processing - Fall 2010

Exploration & Processing - Fall 2010
Spillover Effects
Profitable Path to Renewable Energy
Dynamic Air Shelters Ltd.
Elevating Boats LLC
Gazelle’s Oilfield Services Ltd.
International Alliance Group
Lydford Mining Co.
Offshore Inland Marine, Industrial & Oilfield Services
Q.B. Johnson Manufacturing Inc.
Thermo Design Engineering
Western Camp Services Ltd.
Western Copper Corp.
Alberta Welltest Incinerators
Blakely Construction Co. Inc.
Bluewater Constructors Inc.
Energy Fabrication Inc.
OFM Pump Inc.
Lithium Americas Corp.
New Dominion Construction Inc.
Otis Gold
Owen Sound Ledgerock Ltd.
Reagan Equipment Co. Inc.
Swick Mining Services (Canada) Inc.
American Oil & Gas – The Goliath Project
Africo Resources Ltd.
American Tank Company Inc.
Atlas Copco Geotechnical Drilling & Exploration
Clarkco Oilfield Services Inc.
Energy Fuels Resources Corp.
ESA Renewables LLC
GPR Industries (1994) Ltd.
Helio Resource Corp.
Landdrill International Inc.
Laurel Aggregates Inc.
LoneStar Energy Fabrication
NioGold Mining Corp.
Pacific Booker Minerals Inc.
Phoenix Exploration Co.
Premium Rock Bit Corp.
Queenston Mining Inc.
RAE Engineering & Inspection Ltd.
Goldcorp – Red Lake Gold Mines
C-FER Technologies Inc.
Surepoint Group
Eden Stone and Valders Stone & Marble Inc.
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Exploration & Processing - Fall 2010