Liquid Storage Systems Manufacturer

Founded in 1929 as a manufacturer of multiple and varied liquid storage tanks for the Petroleum Industry, the reputation spread as a quality supplier which in turn resulted in an expanded line of product serving more and more customers in a vastly expanded territory. Starting with truck mounted tanks, the company expanded into 'bob-tail' self contained mobile tanks and then further expanded into a stationary line, both horizontal and vertical, which in some cases included tanks of some significant size. As the reputation and customer base continued to grow, the company sought out new markets as a diversification strategy and developed 'liquid storage systems' for the chemical and food industry, producing insulated and double walled systems for the storage of liquids such as corn syrup, vegetable oils and shortening, to name a few. With a 33% unused manufacturing capacity, the company is now exploring the viability of developing a 'silo product line' for storing dry products for the food, chemical and plastics industries. With 28 acres of land, the current 97,000 sq ft building could be expanded to further growth, once the existing plant was fully utilized. Of course, there is always the option of a 2nd and 3rd shift to explore. The company doubled in size from 2003 to 2007 and is poised to repeat or increase that in the next 3 to 5 years, however the CEO would like to retire with a deferred exit strategy, letting new ownership assume the biggest load.