What Conrex Steel does

Conrex Steel, founded in 1948 in Etobicoke, Ontario, is an ASME-certified metal forming manufacturer specializing in tank heads, pressure vessel components, and custom formed parts for industrial customers across North America. The company produces conventional, joggled, and segmental tank heads in diameters ranging from a few inches to 120 feet, along with LPG storage spheres, formed elbows, weld caps, and related components. Manufacturing operations span more than 100,000 square feet across facilities in Toronto (headquarters), Kingston, Ontario, and Tulsa, Oklahoma (via Prescor), supported by 11-50 employees and equipment including a 3500-ton Macrodyne press, robotic trimming cells, and large heat treatment furnaces rated up to 1950°F.

The company's commercial model is built on custom, quote-based enterprise sales with regional sales representatives covering Canada (Toronto, Montreal) and the United States (New York, Tulsa, Southeast US). Pricing is not publicly disclosed; orders are configured per customer specifications for material, diameter, thickness, and quantity. Revenue streams include one-time fabrication orders for tank heads, spheres, elbows, and weld caps, plus professional services revenue from stress relieving, heat treatment, and grit blasting. The customer base spans Oil & Gas, Nuclear, Military, Aerospace, Rail Car, Cryogenics, and Propane/LPG verticals, with the only publicly named customer being National Steel Car for rail car tank heads.

Conrex Steel operates as part of The Conrex Group of Companies alongside Prescor (acquired 2024) and Formweld Fitting (acquired June 2026), under the ownership of Canadian diversified industrial conglomerate Canerector (parent since 1994). The business is differentiated by a comprehensive set of regulatory certifications (ASME Section VIII Divisions 1 and 2, TSSA, MIL-I-45208A, Controlled Goods Program) and a claimed sole-Canadian-source position for joggled head forming. Go-to-market relies on direct enterprise sales, a request-a-quote website available in English, French, and Spanish, Thomas.net listings, and a modest social media presence on LinkedIn, Facebook, Instagram, and YouTube.

Name

Conrex Steel

Legal name

Conrex Steel Ltd.

Website

https://conrexsteel.com

Company type

Private

Founded year

1948

Operating status

Operating

Headcount range

11–50 employees

Short description

Conrex Steel is an ASME-certified Canadian metal forming manufacturer producing custom tank heads, segmental pressure vessel heads, LPG storage spheres, and formed elbows for Oil & Gas, Nuclear, Military, Rail Car, and Aerospace customers across North America. It operates under The Conrex Group alongside Prescor and Formweld Fitting, owned by Canerector.

Ownership category

akta.pro rank

Product category

Pressure Vessel Heads and Metal Forming

NAICS

Metal Tank (Heavy Gauge) Manufacturing (332420), Boiler, Tank, and Shipping Container Manufacturing (3324), Fabricated Pipe and Pipe Fitting Manufacturing (332996)

SIC

Fabricated Plate Work (Boiler Shops) (3443)

akta.pro primary industry

Pressure Vessels, Columns & Storage Tanks (ASME/Process Vessels) (IMAHAEAF)

Keywords

• ASME pressure vessel heads
• Tank head fabrication
• Metal forming services
• LPG storage spheres
• Stress relieving heat treatment

Headquarters

HQ city

Etobicoke

HQ country

Canada

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Tank Head Fabrication: Custom fabrication of ASME-certified conventional tank heads, segmental tank heads, and joggled tank heads in various sizes (6-5/8 to 220 inches diameter) and materials (carbon steel, stainless steel, alloy, titanium, clad materials)
2. LPG Storage Spheres: Design, material supply, and fabrication of aboveground storage spheres for liquid storage of gaseous materials including LNG, propane, butane, and petroleum
3. Formed Elbows and Custom Pressing: Specialized forming of elbows (smooth flow), custom shapes, and special pressing for one-time jobs or production requirements
4. Stress Relieving and Heat Treatment Services: Stress relieving, normalizing, quench and temper, and annealing services for tank heads, pressure vessels, and fabrications; also grit blasting and surface preparation
5. Weld Caps: Carbon steel and stainless steel weld caps available in standard sizes (20-48 inch) with stock inventory for fast delivery

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Conrex Steel manufactures hot and cold formed ASME Section VIII certified tank heads (conventional, segmental, and joggled) in sizes from 6-5/8 to 220 inches diameter and thicknesses up to 7 inches, plus aboveground LPG storage spheres, formed elbows, weld caps, and robotic hole-cutting services. The company also provides in-house stress relieving, heat treatment, normalizing, quench and temper, annealing, and grit blasting services for pressure vessel fabricators serving oil & gas, nuclear, military, aerospace, rail car, and cryogenic industries across North America.

Product overview

Conrex Steel is a recognized leader in the tank head industry providing hot and cold formed heads for tanks and pressure vessels across North America. The company operates over 100,000 sq/ft of production space and offers a comprehensive portfolio of products including Conventional Tank Heads, Joggled Tank Heads, Segmental Tank Heads, Formed Elbows and Special Pressing, Holes in Heads, LPG Storage Spheres, Stress Relieving and Grit Blasting, and Weld Caps. These products serve industries including Oil & Gas, Pulp & Paper, Plastics, Military, Rail Car, Tank Trucks, Nuclear, and Aerospace. The company is ASME-certified and operates under The Conrex Group of Companies alongside Prescor and Formweld Fitting.

Differentiator

Problem solved

Functional benefit

Brands

• Conrex Group of Companies: Parent brand encompassing Conrex Steel, Prescor, and Formweld Fitting - one of the most comprehensive metal forming and finishing organizations in North America

Products and services

• Conventional Tank Heads One-piece formed ASME-certified tank heads for pressure vessels, tanks, and boilers, available in ASME 2:1 Semi Elliptical, Flanged & Dished, Hemispherical, and Toriconical configurations. Manufactured in carbon steel, stainless steel, alloy steels, titanium, and clad materials, serving water treatment, cryogenics, propane, and transportation customers.
• Joggled Tank Heads Tank heads with an offset straight flange that allows easy assembly into tank shells, improving efficiency by reducing weld points and labor hours. Available in diameters from 37 inches to 70 inches with thicknesses up to 3/8 inch in carbon and stainless materials. Conrex is the only manufacturer in Canada capable of forming joggled heads.
• Segmental Tank Heads Multi-piece or segmented tank heads for large diameter applications, robotically trimmed with tapered or beveled edges. Produced in diameters from 20 to 120 feet with thicknesses from 1/4 inch to 5 1/2 inches, in Semi Elliptical, Flanged & Dished, Tori-conical, Double Knuckle Cone, Toroidal, and Hemispherical types.
• Formed Elbows and Special Pressing Non-standard diameter smooth flow elbows for process industries and oil refineries, formed in segments. Includes custom pressing services for unique shapes in Carbon, Stainless, Clad, Titanium, and HY Grades with presses up to 3500 tons, supporting one-time jobs or large production requirements.
• Holes in Heads (Robotic Hole Cutting) Robotically precise hole cutting service in pressure vessel heads using an 8-axis system for single holes, multiple holes, and beveled holes across all metals. Complements the tank head product line with finishing capability.
• LPG Storage Spheres Aboveground storage spheres for pressurized liquid storage of gaseous materials including LNG, propane, butane, and petroleum. Available in Orange Peel or Soccer Ball designs, formed in clad, stainless, and carbon steel with minimal restriction on size, leveraging C-Press and gantry crane automation. Conrex has provided material and fabrication for more than 60 spheres around the world.
• Stress Relieving and Grit Blasting Heat treating services including stress relief, normalizing, quench and temper, and annealing, plus grit blasting services for plate scale and rust removal. Large furnaces capable of heating up to 1950°F for parts up to 16' x 31' and 40 tons, with overnight turnaround available.
• Weld Caps Carbon Steel and Stainless Steel weld caps for industries from plumbing to oil and gas. Available in stock sizes (20, 24, 28, 30 inches) with machine beveling and shot blasting. CRN approved for all Canadian provinces.

Quantifiable outcome

• Faster customer fit-up and welding due to tight tolerances on segmental multi-piece heads
• +2 more outcomes

Named customers1 record

Segments7 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

One partnership is on record.

• PrescorcoreStrategic or Co-development PartnerAcquired Prescor in Tulsa, Oklahoma as part of Conrex Group expansion to increase US manufacturing capabilities and serve customers more comprehensively across North America.

Scale indicators4 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Prescor: Pressure vessel head manufacturer in Tulsa, Oklahoma, now part of The Conrex Group of Companies following acquisition in 2024. Directly comparable in product category (tank heads for ASME pressure vessels) and serves overlapping oil & gas, rail, and industrial customer base.
• Chicago Metal Rolled Products: Custom plate rolling, forming, and fabrication company producing curved and formed metal components for tanks, pressure vessels, and structural applications. Comparable in metal forming capabilities and ASME-certified customer base.
• Kennedy Tank & Manufacturing: Manufacturer of custom pressure vessels, storage tanks, and ASME-coded fabrications for industrial and process industries. Comparable in custom fabrication model and ASME-certified product portfolio.
• Hess Industries: Custom metal fabrication and pressure vessel manufacturer producing ASME-stamped components for industrial customers. Comparable in custom forming capabilities and certification-driven customer relationships.
• Paulo Products Company: Commercial heat treatment and metal finishing services provider with furnaces and stress relieving capabilities comparable to Conrex's heat treatment business. Comparable in serving external fabricators requiring TUS-certified heat treatment services.
• B & H Manufacturing: US-based tank head and pressure vessel component manufacturer producing ASME-coded heads in similar size and thickness ranges. Directly comparable product offering serving overlapping oil & gas, chemical, and industrial customers.
• Allied Ring Corporation: Manufacturer of ASME pressure vessel heads and formed shapes for tanks, serving similar industrial customer base. Comparable in core tank head production capability and certification profile.
• Formweld Fitting: Heat treating, blasting, coating, and weld cap specialist that joined The Conrex Group of Companies in 2026. Operates in adjacent but overlapping finishing services that complement Conrex's tank head fabrication, with overlapping weld cap product lines.

Broad incumbents

• Babcock & Wilcox: Established boiler and pressure vessel manufacturer serving power generation, oil & gas, and industrial markets. Operates in the same ASME Section VIII pressure vessel space as Conrex but at significantly larger scale across multiple product categories.
• Holtec International: Large diversified supplier of nuclear and industrial pressure vessel equipment, heat transfer products, and spent fuel storage systems. Operates in the same ASME-certified nuclear and pressure vessel space as Conrex but at substantially greater scale and broader scope.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCHDla_b107rcufvkmFohDUA
• Facebookfacebook.com/conrexsteel
• LinkedInlinkedin.com/company/conrex-steel-limited
• Instagraminstagram.com/conrexsteel

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

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

M&A1 record

Investments

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

Frequently asked questions about Conrex Steel