TransMontaigne Company Description
Nowhere near the over-the-hill company that its name suggests, TransMontaigne gathers, transports, stores, and markets refined petroleum products, chemicals, and crude oil. The company operates primarily in the Mississippi River corridor and along the Colonial and Plantation pipelines, which run from the Gulf Coast to the eastern US, and through the TEPPCO, Explorer, and other pipeline systems. Through subsidiaries, the company operates a supply, distribution, and marketing network, and provides supply management services. It also manages related terminal, pipeline, tug, and barge businesses. In 2006 TransMontaigne turned down a buyout offer from SemGroup, L.P. and accepted Morgan Stanley Capital's.
View the Comprehensive Company Description for TransMontaigne
The Company Description provides a historical perspective of TransMontaigne's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of TransMontaigne's evolution in the marketplace.
