Just try and keep up with Terrance Jacobs and Team

It’s no exaggeration to say Terrance Jacobs and his colleagues at TCL Asset Group Inc. will go the extra mile for their customers.  In fact, that’s often an understatement.
 
From the asset management and advisory company’s headquarters in Toronto, TCL team members fan out across North and South America to inspect, evaluate, appraise, organize, and sell a wide variety of industrial machinery and equipment. From food processing plants, cannabis and pharmaceutical facilities, to diamond and gold mines, TCL can manage it all — on and off the beaten path.
 
Jacobs is CEO of TCL, which was founded 65 years ago by his father, Norman. In his 25 years as owner, one of the many areas of expertise where Terrance has positioned TCL as a leader in evaluation and sale of equipment at mining operations — which, by their very nature, tend to be found in remote areas.  Doing business on the outskirts of civilization — in his native Canada and beyond — appeals to Jacobs’ sense of adventure and his eagerness to confront challenges. And he has assembled a group of like-minded specialists who share his passion.
 
“There are not a lot of other people with the skill set of our team,” he declared in a recent conversation. “You have fun and enjoy yourself while you work hard. And you get to learn something new every day. The environments we work in can be harsh, but they can also be very intriguing.”
 
Among TCL’s recent projects was the sale of all assets from a diamond mine situated in the wilds of Canada’s vast Northwest Territories. The operation was accessible in the coldest months only via ice roads laid out on frozen lakes, or by private air charter. “It was more than just mining equipment,” Jacobs said of the setting. “It was a self-contained small city unto itself, and the only things brought in during the year by air were food and spare parts to maintain site operations. People up there are very dedicated to what they do.”
 
Over the course of two years, the TCL crew organized the site and the online auctions — which took place during the summer months — as well as subsequent delivery of mining rolling stock, process plant assets as well as infrastructure that supported the large on-site mining and support crew.
 
Jacobs and the TCL team of experts must be ready to adapt from life below zero to the other extreme, as business opportunity dictates. “I’ve found myself in Arizona, in the middle of the summer, evaluating a solar panel farm,” he noted.  TCL has conducted recent sales at remote mine operations in Chile, Puerto Rico, and northern Nevada, as well as in eastern Europe and Asia.  TCL is by no means the only company of its kind doing work in exotic locales, but it has made a well-deserved name for itself.
 
“What makes my team different is our passion of the business, the true ambition to do the best job possible, whether it’s getting the right detailed description of a machine, or helping a customer out during removal,” Jacobs noted.
 
Finished goods will always require raw materials, so Jacobs sees no end to underground opportunities.
 
“Just the other day I got a call about an appraisal involving rare earths,” he disclosed, referring to minerals that will be in ever-greater demand as battery technology advances. “Being both prepared and responsible for your own destiny must not be just a necessity, but a way of life.”

---