Tanco Engineering
Tanco Engineering is a Loveland, Colorado-based industrial contractor founded in 1979 that designs, fabricates, and services aboveground storage tanks for energy, water, airport fuel, and industrial customers, including its proprietary Aluroof dome roof and floating roof seal product lines.
- Company typePrivate
- Founded1979
- HeadquartersLoveland, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Tanco Engineering does
Tanco Engineering Inc. is a Loveland, Colorado-based industrial construction and fabrication firm founded in 1979 that specializes in aboveground storage tanks (ASTs) for liquids and bulk materials. The company designs, fabricates, erects, repairs, and inspects welded steel and aluminum storage tanks and tank components, including proprietary products such as the Aluroof aluminum geodesic dome roof system (refined over 25+ years) and Floating Roof Seal Systems (3,000+ installations). Tanco operates an in-house fabrication facility supporting both project work and proprietary product output, and holds a broad portfolio of industry certifications including API 650, API 653, AWWA, ASME, DISA, DOT, OSHA, ISN, NCCER, Avetta, ASSP, and NCMS.
The company serves enterprise customers across energy and petroleum (ExxonMobil, Chevron, Phillips 66, Conoco Phillips, Marathon, Koch), renewables and chemicals, asphalt and building materials, water and wastewater, agriculture, food and beverage, and airport fuel storage. With 101-250 employees and a track record of 8,000+ completed projects over 44 years, Tanco operates a project-based business model with pricing tied to engineered scope, fabrication tonnage, and field labor; recurring inspection, repair, and maintenance work with major oil and gas enterprises provides multi-year revenue continuity.
Tanco has broadened its service lines in recent years to include API 12D production tanks, AWWA water storage tanks, and airport fuel storage, while continuing to develop its proprietary Aluroof and floating roof seal product lines. The firm is privately held and has continued to add project management, engineering, and fabrication headcount through 2024-2026, signaling ongoing capacity build-out to support new verticals and existing enterprise relationships.
Tanco Engineering firmographics
Firmographics- Name
- Tanco Engineering
- Legal name
- Tanco Engineering Inc.
- Website
- https://tancoeng.com
- Company type
- Private
- Founded year
- 1979
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Tanco Engineering is a Loveland, Colorado-based industrial contractor founded in 1979 that designs, fabricates, and services aboveground storage tanks for energy, water, airport fuel, and industrial customers, including its proprietary Aluroof dome roof and floating roof seal product lines.
- Ownership category
- akta.pro rank
Tanco Engineering industry classification
Industry- Product category
- Aboveground Storage Tank Construction
- NAICS
- Boiler, Tank, and Shipping Container Manufacturing (3324), Oil and Gas Field Machinery and Equipment Manufacturing (333132)
- SIC
- Fabricated Plate Work (Boiler Shops) (3443), Oil & Gas Field Machinery & Equipment (3533)
- akta.pro primary industry
- Warehousing, Distribution & Cold Storage Facility Construction (IMAFADAL)
Keywords
Where Tanco Engineering is headquartered
LocationHeadquarters
- HQ city
- Loveland
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Tanco Engineering business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D
Revenue model
- Tank Construction Services: New aboveground storage tank construction services including engineering, fabrication, and field erection. Tanks are designed to API 620, API 650, API 12D, and AWWA standards.
- Tank Maintenance & Repair Services: Maintenance, repairs, and retrofits for existing storage tanks. Services include lap patching, leak detection systems, heating coils, steel floating roof designs, support structure repairs, floating roof seals and drain systems, and complete tank bottom, roof, or shell replacements.
- Shop Fabrication: Custom-designed storage tank parts manufactured in-house including plate processing, nozzle and manway fabrication, ladders and platforms, floating suctions, floating roof accessories, and shop-built tanks up to 12' x 30'.
- Aluminum Geodesic Dome Roofs (Aluroof): Proprietary aluminum geodesic dome roof systems for aboveground storage tanks, providing 25+ years of design and manufacturing experience combined with tank construction expertise.
- Floating Roof Seal Systems: Custom designed and fabricated floating roof seal systems including primary metallic shoe seals, secondary wiper seals, compression plate wiper seals, foam dams, seal inspection services, and seal repairs.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom project-based pricing |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels3 records
Tanco Engineering product offering
Product offeringCore offering
Tanco Engineering is a field construction company specializing in aboveground storage tank solutions. The company provides engineering, fabrication, and field erection services for new tank construction, maintenance, repair, and modifications built to API 620, API 650, API 12D, and AWWA standards. It also designs and manufactures proprietary products including Aluroof aluminum geodesic dome roofs and floating roof seal systems for petroleum, water, and chemical storage applications.
Product overview
Tanco Engineering is a field construction company specializing in aboveground storage tank solutions. Their portfolio includes a comprehensive suite of services centered on tank construction, maintenance, and repair, supported by in-house engineering and fabrication capabilities. Key offerings include Tank Construction and Tank Maintenance & Repair as core services, Shop Fabrication for custom parts, and proprietary products such as Aluroof Aluminum Geodesic Dome Roofs and Floating Roof Seal Systems. They serve specialized markets including Airport Fuel Storage, and construct tanks to API 620, API 650, API 12D, and AWWA design standards. Their Project Management Services provide turnkey oversight with single-point contact throughout the project lifecycle.
Differentiator
Problem solved
Functional benefit
Brands
- Aluroof: Proprietary aluminum geodesic dome roof product manufactured to API 650, Appendix G, with over 25 years of design and manufacturing experience.
Products and services
- Tank Construction New aboveground storage tank engineering, fabrication, and field erection services for petroleum, water, chemical, and agricultural applications, built to API 620, API 650, API 12D, and AWWA standards. Designed for enterprise operators requiring new bulk storage capacity.
- Tank Maintenance & Repair Inspection, repair, modification, and lifecycle maintenance services for existing aboveground storage tanks, including compliance-driven repair work. Intended for enterprise asset owners and operators managing aging tank infrastructure.
- Shop Fabrication In-house fabrication of tank components, assemblies, and related structures using a controlled shop environment to support field erection projects. Supports internal tank construction projects and external customers needing fabricated steel assemblies.
- Aluroof Aluminum Geodesic Dome Roofs Proprietary aluminum geodesic dome roof system designed for aboveground storage tanks to reduce evaporative losses, control emissions, and protect tank contents from weather. Sold to operators of petroleum, chemical, and water storage tanks.
- Floating Roof Seal Systems Proprietary seal systems for floating roof tanks designed to reduce evaporative emissions and product loss between the floating roof and tank shell. Used by petroleum and chemical storage operators.
- Airport Fuel Storage Specialized aboveground storage tank construction and maintenance for airport fuel storage facilities. Targeted at airport operators, fuel handlers, and aviation fuel logistics providers.
- API 12D Storage Tanks Shop-fabricated and field-welded storage tanks built to API 12D standard, used for production and lease tank applications in upstream oil & gas operations.
- AWWA Water Storage Tanks Aboveground water storage tank construction and maintenance compliant with AWWA standards, serving municipal water utilities, industrial water users, and agricultural water storage operators.
- Project Management Services Dedicated project management oversight for tank construction, maintenance, and repair projects, including scheduling, vendor coordination, safety management, and quality assurance. Provided to enterprise customers running multi-discipline projects.
Quantifiable outcome
- Over 8,000 projects successfully completed across various industries
- +4 more outcomes
Companies that use Tanco Engineering
Customer profileNamed customers27 records
Segments7 records
Ideal customer profiles1 record
Tanco Engineering technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Tanco Engineering partnerships and signals
Strategic signalScale indicators8 records
Recent moves5 records
Expansion highlights5 records
Tanco Engineering competitors and assessment
Company assessmentDirect peers
- Matrix Service Company: Publicly traded (NASDAQ: MTRX) aboveground storage tank and industrial construction firm serving the same oil & gas, midstream, and terminal end markets. Closest direct competitor with comparable tank construction, repair, and fabrication capabilities.
- Caldwell Tanks: U.S. tank construction firm specializing in welded and bolted steel tanks for water, wastewater, and industrial storage. Comparable in tank construction standards (AWWA) and end-market focus on water/wastewater and industrial liquid storage.
- Highland Tank: Manufacturer of steel storage tanks for petroleum, water, and chemical applications. Comparable in product breadth (aboveground steel tanks) and similar energy/water customer base.
- Tank Connection: Designer and manufacturer of bolted and welded storage tanks serving similar dry bulk and liquid storage applications. Comparable in scale and product breadth to Tanco's shop fabrication and tank construction offerings.
- Pittsburgh Tank & Tower: U.S. tank construction and maintenance company specializing in water storage and industrial tanks. Comparable in AWWA-compliant tank construction, repair, and maintenance service offerings.
- Superior Tank & Equipment: Shop-fabricated steel tank manufacturer producing bolted and welded tanks for petroleum, water, and industrial applications. Comparable to Tanco's shop fabrication capabilities and API/AWWA standard product lines.
- CST Industries (Tarsco): Manufacturer of bolted and factory-coated storage tanks (Tarsco bolted tank line) for industrial and municipal markets. Comparable in shop-fabricated tank product offerings and water/industrial end markets.
- Phoenix Fabricators and Erectors: Aboveground storage tank construction company with similar API 650/API 620 tank construction capabilities and a comparable mix of energy, water, and industrial customers. Direct competitor for new tank construction and repairs.
Broad incumbents
- McDermott (formerly CB&I): Large global EPC firm with significant aboveground storage tank construction capability through its legacy Chicago Bridge & Iron business. Serves the same oil & gas and midstream end markets but at much larger scale and with broader engineering scope.
Regional players
- Gulf Coast Tank & Construction: Regional tank construction and repair firm serving Gulf Coast and U.S. petroleum/refining markets. Geographically concentrated in regions overlapping Tanco's Texas and Oklahoma focus, with similar tank construction service lines.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Tanco Engineering social profiles
Digital presenceTanco Engineering financial estimates
Financial estimateRevenue estimate
Valuation estimate
Tanco Engineering leadership team
Management profileNumber of profiles
Tanco Engineering funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Tanco Engineering M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Tanco Engineering
What does Tanco Engineering do?
Tanco Engineering is a field construction company specializing in aboveground storage tank solutions. The company provides engineering, fabrication, and field erection services for new tank construction, maintenance, repair, and modifications built to API 620, API 650, API 12D, and AWWA standards. It also designs and manufactures proprietary products including Aluroof aluminum geodesic dome roofs and floating roof seal systems for petroleum, water, and chemical storage applications.
Is Tanco Engineering a public or private company?
Tanco Engineering is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Tanco Engineering founded?
Tanco Engineering was founded in 1979. It employs 101 to 250 people.
Where is Tanco Engineering based?
Tanco Engineering is headquartered in Loveland, United States, in the North America region.
How does Tanco Engineering make money?
Five revenue lines are on record. Tank Construction Services are the primary driver. The others are tank Maintenance & Repair Services, shop Fabrication, aluminum Geodesic Dome Roofs (Aluroof) and floating Roof Seal Systems.
Who are Tanco Engineering's main competitors?
Direct peers on record are Matrix Service Company, Caldwell Tanks, Highland Tank, Tank Connection, Pittsburgh Tank & Tower, Superior Tank & Equipment, CST Industries (Tarsco) and Phoenix Fabricators and Erectors. McDermott (formerly CB&I) is listed as a broad incumbent. Gulf Coast Tank & Construction is listed as a regional player.
Does Tanco Engineering have an API?
No public API is recorded for Tanco Engineering.
What industry is Tanco Engineering in?
Tanco Engineering's product category is Aboveground Storage Tank Construction. Its primary akta.pro industry code is IMAFADAL, Warehousing, Distribution & Cold Storage Facility Construction. Its NAICS code is 3324 and its SIC code is 3443.