Terra Point
Tim Watters is an accomplished executive with extensive expertise in construction, transportation, and industrial auctions, boasting over 50 years of industry experience. Currently serving as the Chief Transformation Officer for Gordon Brothers since June 2024, Watters previously founded and has been the Chief Executive Officer of Terra Point since 2015, focusing on retirement assets and distressed projects within the construction and transportation sectors. Watters also founded New Mill Capital in 2011, a private equity firm recognized for its exceptional ability to maximize value from excess corporate assets globally. Prior to these roles, Watters was the Executive Vice President and Partner at Industrial Assets, Inc. from January 2000 to September 2011. Academic qualifications include a degree from UC Santa Barbara, earned between 1993 and 1997.
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Terra Point
Terra Point is quickly becoming the preferred alternative construction and transportation equipment marketplace and live virtual auction platform. • Over 50 years of construction, transportation and industrial auction experience. • Servicing all of North America. • Retail & consignment sales programs to fit your needs. • Principal acquisitions for single pieces of machinery to the largest packages in the market. • Competitively superior seller consignment rates. • Utilization of the latest technologies available for marketplace & auction platforms. • Marketing powerhouse with one of the industries largest customer databases. • Core values of integrity of transparency for buyers and sellers alike.