Hughes Anderson Heat Exchangers Inc.

What Hughes Anderson Heat Exchangers Inc. does

Hughes Anderson Heat Exchangers Inc. is a privately held, 100% employee-owned custom manufacturer of shell and tube heat exchangers, founded in 1971 and headquartered in Tulsa, Oklahoma. The firm designs and fabricates each heat exchanger completely in-house and serves a narrow enterprise customer base of refineries and chemical companies in the United States and Canada, with positioning around sizable, complex, or specialty-material jobs that competing manufacturers decline. The company also services the installed base via the complete drawing inventories of Slagle Manufacturing and Western Supply, extending its offering from new builds into replacement exchangers, components, and gaskets for legacy equipment.

Its core technology stack is engineering software rather than production equipment: HTRI-based thermal ratings, a customized AutoCAD system for outline and shop drawings, a proprietary in-house ASME mechanical design program with a database of 250+ ASME materials, and an integrated computer system that links design, drafting, shop scheduling, job costing, time accumulation, and accounting. CNC programs drive a 77,750 sq ft shop on a 15-acre campus with capacity for bundles up to 150 tons in weight, 140 inches in diameter, and 80 feet in tube length. The firm holds ASME S and U stamps, National Board R and NB stamps, and an Oklahoma Repair License, with staff serving on TEMA Technical Committee and a former HTRI Technical Committee chairman (2005–2015) on the engineering team.

Hughes Anderson operates an enterprise field-sales motion through 11 regional sales representative companies covering the United States and Alberta, with quote-based pricing for fully custom equipment and multi-year contracts typical of capital-equipment procurement. Revenue is project-based and not publicly disclosed; given the 101–250 employee range, capacity footprint, and project complexity, the operation resembles a mid-sized custom industrial fabricator with revenue in the tens of millions. The company maintains active memberships in TEMA and HTRI as its primary industry-development channels.

Name

Hughes Anderson Heat Exchangers Inc.

Legal name

Hughes Anderson Heat Exchangers Inc.

Website

https://hughesanderson.com

Company type

Private

Founded year

1971

Operating status

Operating

Headcount range

101–250 employees

Short description

Hughes Anderson Heat Exchangers Inc. is a Tulsa-based, 100% employee-owned custom manufacturer of shell and tube heat exchangers serving refineries and chemical companies across the United States and Canada, with engineering, design, and fabrication performed entirely in-house since 1971.

Ownership category

akta.pro rank

Product category

Industrial Heat Exchangers

NAICS

Power Boiler and Heat Exchanger Manufacturing (33241), Power Boiler and Heat Exchanger Manufacturing (332410)

SIC

Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Heating Equipment, Except Electric & Warm Air Furnaces (3433)

akta.pro primary industry

Heat Transfer Equipment (Heat Exchangers, Boilers, Condensers) (IMAHAEAC)

akta.pro secondary industries

Industrial Boilers, HRSGs & Steam Generators (IMAHAFAF), Heat Exchangers & Thermal Transfer Equipment (IMAHAKAC)

Keywords

• Shell and tube heat exchangers
• Custom heat exchangers
• Pressure vessel manufacturing
• Refinery heat exchangers
• ASME certified fabrication

Headquarters

HQ city

Tulsa

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Custom Shell and Tube Heat Exchangers: Design and manufacture of completely custom shell and tube heat exchangers for refineries and chemical companies. Each component is custom designed and manufactured in-house from start to finish.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Hughes Anderson Heat Exchangers Inc. designs and manufactures completely custom shell and tube heat exchangers for refineries and chemical companies. Every component is custom-designed and fabricated in-house from thermal and mechanical engineering through to welding, machining, and final assembly, with capabilities supporting complex materials and large-scale bundles.

Product overview

Hughes Anderson Heat Exchangers Inc. is a custom manufacturer of shell and tube heat exchangers serving the refining and chemical industries. The company offers a single core product line — custom-built shell and tube heat exchangers — along with associated replacement parts and services. All engineering, design, thermal analysis, and fabrication are performed in-house at their Tulsa, Oklahoma facility. The company also maintains the complete drawing inventory from acquired companies Western Supply and Slagle Manufacturing, enabling them to support legacy equipment from those brands.

Differentiator

Problem solved

Functional benefit

Products and services

• Custom Shell and Tube Heat Exchangers Custom-engineered and manufactured shell and tube heat exchangers designed in-house for refineries and chemical processing companies. Each unit is built to customer specifications for thermal and mechanical performance, with capabilities spanning complex materials and large bundles.
• Heat Exchanger Replacement Parts and Legacy Equipment Services Aftermarket and replacement services for existing Hughes-Anderson, Western Supply, and Slagle Manufacturing heat exchangers, ranging from individual gaskets and components to complete replacement exchangers built to original specifications.

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Five partnerships are on record, tiered support, core and minor.

• OneCIS Insurance CompanysupportOthersAuthorized Inspection Agency providing required inspection services for pressure equipment manufacture and compliance verification
• Tubular Exchanger Manufacturers Association (TEMA)coreStrategic or Co-development PartnerIndustry standards organization; Hughes-Anderson team member Jerry Barham serves on TEMA Technical Committee
• Heat Transfer Research Inc. (HTRI)coreStrategic or Co-development PartnerHeat transfer research organization; Hughes-Anderson uses HTRI software and team member Michael Kindschi served as HTRI Technical Committee chairman 2005-2015
• Slagle ManufacturingminorOthersHughes-Anderson acquired complete inventory of drawings from Slagle Manufacturing, enabling support and replacement for their heat exchangers
• Western SupplyminorOthersHughes-Anderson acquired complete inventory of drawings from Western Supply, enabling support and replacement for their heat exchangers

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Emerging players

• HRS Heat Exchangers: HRS Heat Exchangers specializes in corrugated-tube and scraped-surface heat exchangers for viscous, fouling, and hygienic applications in chemical, pharmaceutical, and renewable-diesel processing. An emerging/specialty player that increasingly competes for the complex, corrosive-service jobs Hughes-Anderson targets.

Broad incumbents

• SPX Heat Transfer (now Kelvion): SPX Heat Transfer (now part of Kelvion) historically designed and built shell and tube heat exchangers for the refining and chemical process industries. Comparable in shell and tube engineering and code-stamped pressure-equipment manufacture, but operated as a division within a much larger industrial OEM.
• Chart Industries: Chart Industries is a large diversified industrial manufacturer with a significant heat-transfer segment serving LNG, petrochemical, and refinery end markets. Comparable in process-industry heat-transfer equipment but operates at much larger scale across many product lines.
• Kelvion (formerly GEA Heat Exchangers): Kelvion is a large global manufacturer of heat exchangers (shell and tube, plate, brazed, etc.) across refining, chemicals, HVAC, and power. It is a broad incumbent that overlaps with Hughes-Anderson in refinery/chemical shell and tube but competes across many more product lines and geographies.
• Tranter (API Heat Transfer): Tranter (part of API Heat Transfer / Barriquand group) is a global manufacturer of plate, shell and tube, and brazed-plate heat exchangers serving refining, chemical, and HVAC markets. Overlaps with Hughes-Anderson in shell and tube but is a much broader heat-exchanger portfolio player.

Direct peers

• BEPeterson: BEPeterson is a US-based custom fabricator of shell and tube heat exchangers and pressure vessels for the refining, petrochemical, and power industries. It is the closest direct peer to Hughes-Anderson in product, end market, and custom-engineering business model.
• Xchanger Inc. Xchanger Inc. is a US-based designer and fabricator of shell and tube heat exchangers for refining, petrochemical, and natural gas processing customers. A direct peer in custom heat-exchanger engineering, ASME-stamped fabrication, and oil-and-gas end markets.
• Joseph Oat & Co. Joseph Oat is a long-established Camden, NJ fabricator of shell and tube heat exchangers, reactors, and pressure vessels for refinery and chemical customers. Directly comparable custom-engineering, code-stamped fabrication, and refining/petchem end-market focus.
• Holtec International: Holtec International manufactures heat exchangers and pressure vessels for power, petrochemical, and heavy-industrial customers, with significant US fabrication capacity. Comparable in custom-engineered shell and tube fabrication and code-stamped industrial equipment supply.
• Koch Heat Transfer (formerly Hamon): Koch Heat Transfer (formerly Hamon) designs and fabricates shell and tube heat exchangers, air-cooled exchangers, and process equipment for refineries, petrochemicals, and power plants. A direct peer in custom heat-exchanger design, code-stamped fabrication, and refinery/petchem customer base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/hughes-anderson-heat-exchangers-inc.

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hughes Anderson Heat Exchangers Inc.