Midwest Tank Company

What Midwest Tank Company does

Midwest Tank Company is a custom tank, basin, and pressure vessel fabricator founded in 1972 and headquartered at 17368 197th Ave NW, Big Lake, Minnesota. The company designs and manufactures both standardized and engineered-to-order tanks for industrial buyers, with core capabilities in carbon steel and stainless steel (304L, 316L) fabrication, TIG welding, plate rolling, and full compliance with ASME Section VIII pressure vessel code. Capacity ranges from small coated sump basins (18-72 inch diameters) up to custom vessels of 15,000 gallons and 14-foot diameters. The product catalog spans 17 categories, including air receivers, boiler blowdown tanks, chilled water buffer tanks, condensate tanks, cooling tower sump tanks, hot water storage tanks, hydropneumatic tanks, inflammable waste traps, pressure vessels, sand traps, sandblast pots, sprinkler tanks, stainless steel tanks, sump basins, sulfuric acid tanks, thermal energy storage tanks, and custom-engineered designs.

The company sells into manufacturing, construction, water treatment, HVAC, automotive, and chemical processing end-markets, supplying pneumatic air systems, fire suppression storage, chemical containment (notably sulfuric acid), and thermal energy buffering. Its go-to-market is sales-led and consultative: customers contact the company by phone (763-263-0747) or through website quote forms, specifications are reviewed before any quote is issued, and each engagement is priced on a project-by-project basis with no published pricing. Distribution is direct to end-customers (corporations and contractors) and is concentrated in the Midwestern United States, with secondary listing-driven visibility on the ThomasNet industrial marketplace. The firm employs 11-50 people at a single manufacturing site and is privately held with no disclosed parent company, institutional investors, or funding rounds.

Name

Midwest Tank Company

Legal name

Midwest Tank Company

Website

https://midwesttankco.com

Company type

Private

Founded year

1972

Operating status

Operating

Headcount range

11–50 employees

Short description

Midwest Tank Company is a 1972-founded custom manufacturer of ASME Section VIII pressure vessels, tanks, and basins serving industrial and contractor customers in the Midwestern United States through direct, project-based sales.

Ownership category

akta.pro rank

Product category

Industrial Pressure Vessels and Custom Tank Manufacturing

NAICS

Metal Tank (Heavy Gauge) Manufacturing (332420), Boiler, Tank, and Shipping Container Manufacturing (3324)

SIC

Fabricated Plate Work (Boiler Shops) (3443)

akta.pro primary industry

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

akta.pro secondary industry

Refined Products Tank Farms & Terminals (TLAGAKAB)

Keywords

• Custom tank fabrication
• Pressure vessel manufacturing
• ASME certified vessels
• Industrial steel tanks
• Stainless steel fabrication

Headquarters

HQ city

Big Lake

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, Marketing or Sales

Revenue model

1. Custom Tank and Vessel Sales: Midwest Tank Company generates revenue through the design, fabrication, and sale of custom tanks, basins, and pressure vessels. Products include air receivers, boiler blowdown tanks, chilled water buffer tanks, condensate tanks, hot water storage tanks, hydropneumatic tanks, pressure vessels, sand traps, sandblast pots, sprinkler tanks, stainless steel tanks, sump basins, sulfuric acid tanks, and thermal energy storage tanks. The business operates on a project-by-project basis with quote-based pricing tailored to customer specifications.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Midwest Tank Company designs, fabricates, and sells custom tanks, basins, and pressure vessels in compliance with ASME Section VIII standards. Products include air receivers, boiler blowdown tanks, chilled water buffer tanks, condensate tanks, cooling tower sump tanks, hot water storage tanks, hydropneumatic tanks, inflammable waste traps, pressure vessels, sand traps, sandblast pots, sprinkler tanks, stainless steel tanks, sump basins, sulfuric acid tanks, thermal energy storage tanks, and fully custom fabrications. Construction is available in carbon steel and stainless steel (304L, 316L) with phenolic and cement lining options, with capacities up to 15,000 gallons and diameters up to 14 feet.

Product overview

Midwest Tank Company is a custom tank, basin, and pressure vessel fabrication company founded in 1972, serving the Midwest United States. The company offers a comprehensive portfolio of standardized and custom-designed tanks, including air receivers, boiler blowdown tanks, chilled water buffer tanks, condensate tanks, cooling tower sump tanks, hot water storage tanks (vertical and horizontal), hydropneumatic tanks, inflammable waste traps, pressure vessels, sand traps, sandblast pots, sprinkler tanks, stainless steel tanks, sump basins, sulfuric acid tanks, and thermal energy storage tanks. Their products range from small standardized basins and tanks to large custom-fabricated pressure vessels up to 15,000 gallons and diameters up to 14 feet, manufactured to ASME Section VIII pressure vessel code standards. The product lineup includes both carbon steel and stainless steel (304L, 316L) construction options, with various protective coatings and linings available for specialized applications.

Differentiator

Problem solved

Functional benefit

Products and services

• Air Receivers ASME-certified air receiver tanks that store compressed air and stabilize pressure in compressed air systems; available in sizes from 100 to 20,000 gallons. Target customers are industrial manufacturers and pneumatic-tool operators in the Midwest US.
• Boiler Blowdown Tanks Tanks designed to safely receive and cool boiler blowdown water, preventing dangerous pressure buildup during boiler maintenance; used by commercial and industrial boiler operators.
• Chilled Water Buffer Tanks Tanks that store chilled water to minimize compressor cycling and improve HVAC system efficiency; sold to commercial and industrial HVAC operators.
• Condensate Tanks Tanks designed to collect and manage condensate from steam systems in industrial and commercial applications; sold to steam-system operators.
• Cooling Tower Sump Tanks Tanks designed for cooling-tower water collection and distribution in HVAC and industrial cooling systems; sold to facility operators using cooling towers.
• Custom Tanks Custom-fabricated tanks including vertical storage tanks, transporter tanks, aluminum chloride silos, decontamination tanks with baked lining, and vibration dampers; engineered to customer specifications for industrial and specialty applications.
• Hot Water Storage Tanks Vertical and horizontal hot-water storage tanks for commercial and industrial heating systems, available in various diameters and configurations.
• Hydropneumatic Tanks Tanks that maintain system pressure in water distribution systems by combining an air cushion with pressure regulation; sold to municipal and commercial water-system operators.
• Inflammable Waste Traps Safety tanks designed to capture and contain flammable waste materials, preventing fire hazards in industrial settings; sold to industrial facilities handling flammable liquids.
• Pressure Vessels ASME-certified pressure vessels designed and fabricated to Section VIII code standards for various industrial applications; sold to industrial customers requiring code-stamped vessels.
• Sand Traps Tanks designed to separate and capture sand and abrasive particles from water and process streams; used by industrial and water-treatment operators.
• Sandblast Pots Pressure vessels used in sandblasting operations to store and deliver abrasive materials for surface preparation; sold to surface-preparation contractors and industrial users.
• Sprinkler Tanks Fire-suppression water storage tanks designed for sprinkler system installations in commercial and industrial facilities; sold to fire-protection contractors and facility operators.
• Stainless Steel Tanks Tanks fabricated from stainless steel (304L, 316L) for corrosive environments, including ASME code pressure vessels, flash tanks, and process tanks for ethanol and other industries.
• Sump Basins Standard steel sump basins with protective coating, available with or without covers in various diameters (18–72 inches) and depths; sold to plumbing, wastewater, and industrial drainage customers.
• Sulfuric Acid Tanks Specialized tanks constructed with stainless steel or lined carbon steel for safely storing highly corrosive sulfuric acid in chemical manufacturing, mining, petroleum refining, and water treatment applications.
• Thermal Energy Storage Tanks Large-capacity tanks designed to store thermal energy for load shifting and peak demand reduction in commercial and industrial HVAC systems; sold to commercial-building and industrial energy operators.

Segments7 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Fisher Tank Company: Custom carbon and stainless steel tank fabricator serving industrial customers with pressure vessels, storage tanks, and specialty vessels. Directly comparable as a similarly sized ASME-capable custom manufacturer.
• Kennedy Tank & Manufacturing Co. Indianapolis-based custom steel tank and pressure vessel fabricator with ASME code capabilities. Comparable in product range, customer verticals, and Midwestern manufacturing footprint.
• Custom Industrial Processing: Custom metal fabrication and pressure vessel manufacturer serving chemical, pharmaceutical, and industrial markets. Directly comparable in custom ASME-coded fabrication and project-based sales model.
• Steel Tank & Fabricating Corporation: Custom steel tank fabricator offering pressure vessels, storage tanks, and process equipment to industrial markets. Comparable as a similarly sized ASME-certified manufacturer with analogous customer verticals.
• T.BAILEY, LLC: Custom heavy steel fabrication company producing pressure vessels, storage tanks, and process equipment. Directly comparable in fabrication capabilities, ASME certification, and project-based industrial sales model.

Broad incumbents

• Caldwell Tanks: Established water storage tank manufacturer specializing in elevated and ground storage tanks. Comparable in tank fabrication capabilities and industrial/municipal water customer base, but at significantly larger scale.
• Tank Connection: Larger specialty tank manufacturer producing bolted and welded storage tanks for industrial and liquid bulk markets. Comparable in storage tank category but with broader product portfolio and national reach.
• Highland Tank & Manufacturing Company: Established steel tank manufacturer with broader product line including underground and aboveground storage tanks. Comparable in ASME pressure vessel offerings but with larger scale and national distribution.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

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Revenue estimate

Valuation estimate

Number of profiles

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 Midwest Tank Company