Hughes Tank Company

What Hughes Tank Company does

Hughes Tank Company is an industrial manufacturing company that manufactures and supplies aboveground fuel and oil storage tanks. Headquartered in Venus, Texas, the company operates as a privately-held, for-profit entity and was founded in 1989, giving it an operating history of roughly 36 years. Per available firmographic data, the firm maintains a small headcount in the 11-50 employee range, consistent with a regional custom-fabrication shop rather than a high-volume OEM. The product set centers on physical, code-compliant metal tanks that serve end users such as fuel retailers, fleet operators, industrial facilities, agricultural operations, and other commercial buyers needing bulk fuel and oil containment above grade.

The company's core offering is the fabricated aboveground storage tank itself, a regulated industrial product that typically must satisfy standards such as UL 142, UL 2085, or equivalent state fire codes, with associated engineering, welding, and coatings work. No underlying software platform, digital product, or technology stack is described in the source data, and no information is available about product SKUs, tank sizes, custom engineering services, or installation capabilities. The website (hughestankcompany.com) is the primary digital surface, though the available scrape returned a verification/loading page rather than substantive product or capability content.

The business model and go-to-market mechanics are not documented in the available data. Pricing, contract structures, project sizes, sales channels (direct versus distributor), end-market mix, geographic reach, and concentration of customers are all unreported. The company shows no external funding, no parent organization, no subsidiaries, and no M&A activity. Public information is limited to firmographic facts and a single named executive, Bobby Hughes, identified as Vice President of Operations, suggesting a family-influenced leadership structure. The investment-relevant conclusion is that this is a small, low-disclosure private industrial fabricator whose unit economics, customer base, and growth posture cannot be validated from public sources.

Name

Hughes Tank Company

Website

https://hughestankcompany.com

Company type

Private

Founded year

1989

Headcount range

11–50 employees

Short description

Hughes Tank Company is a privately-held industrial manufacturer in Venus, Texas, founded in 1989, that designs and fabricates aboveground fuel and oil storage tanks for commercial and industrial customers.

Ownership category

akta.pro rank

Product category

Industrial Aboveground Storage Tanks

NAICS

Metal Tank (Heavy Gauge) Manufacturing (332420)

SIC

Oil & Gas Field Machinery & Equipment (3533)

akta.pro primary industry

Gas Handling Equipment & Storage (Cylinders/Tanks/Valves) (IMAEACAL)

Keywords

• Aboveground storage tanks
• Fuel storage tanks
• Oil storage tanks
• Industrial tank manufacturing
• Petroleum storage equipment

Headquarters

HQ city

Venus

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales, Infrastructure

Core offering

Hughes Tank Company manufactures and supplies aboveground fuel and oil storage tanks for industrial and commercial customers. The company designs, fabricates, and delivers steel aboveground storage tank (AST) solutions used for on-site petroleum and liquid-fuel containment. Operations are supported by a small U.S. manufacturing staff operating out of Venus, Texas.

Differentiator

Problem solved

Functional benefit

Products and services

• Aboveground Fuel and Oil Storage Tanks Custom-fabricated aboveground fuel and oil storage tanks for industrial, commercial, agricultural, and government customers needing on-site petroleum and liquid-fuel containment. Designed, welded, and delivered as physical steel tank units in varying sizes and configurations.

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves2 records

Direct peers

• Superior Tank Company: Steel tank manufacturer producing bolted and welded aboveground tanks for the petroleum, water, and industrial fluids markets. Closely overlaps Hughes' aboveground tank offering with similar fabrication-based go-to-market.
• Xerxes Corporation: Designs and manufactures fiberglass and steel underground and aboveground storage tanks primarily for the petroleum and stormwater markets. Shares Hughes' core product category and target customer profile.
• TrueNorth Steel: Fabricator of bolted steel tanks for liquid and dry bulk storage serving Midwest and Western U.S. customers. Comparable in storage-tank product and end markets, with regional rather than national footprint.
• Highland Tank: Manufacturer of aboveground and underground steel storage tanks for petroleum, water, and chemical service. Directly comparable product portfolio and customer base to Hughes Tank Company, only at substantially greater scale and with multi-site U.S. manufacturing.
• Containment Solutions, Inc. Major producer of fiberglass and steel underground and aboveground storage tanks serving fuel, oil, water, and wastewater markets. Competes head-to-head with Hughes in the aboveground hydrocarbon tank segment.
• Tarsco / TF Hudgins: Engineered bolted steel tank manufacturer serving bulk liquid storage applications, including hydrocarbon, water, and industrial uses. Directly comparable in product format and material technology to Hughes' welded tank line.

Emerging players

• Snyder Industries: Manufacturer of rotationally molded polyethylene tanks and intermediate bulk containers for chemical, fuel, and water applications. Competes with steel tank makers for certain aboveground storage applications at smaller capacities.

Regional players

• Western Industries: Family-owned fabricator of aboveground steel storage tanks serving Mid-Continent and Gulf Coast energy markets. Comparable in scale and end-customer profile to Hughes, with a similar relationship-driven GTM.
• Permian Tank: Texas-based aboveground tank manufacturer concentrated on Permian Basin oilfield applications. Highly comparable geographically and end-market-wise, though it primarily serves regional upstream and midstream E&P customers rather than nationwide retail-fuel accounts.

Others

• Steel Tank Institute / STI/SPFA: Industry standards body that certifies aboveground and underground steel storage tanks under its STI/SPFA program. Relevant to Hughes as the regulator/de-facto certifier shaping customer specification requirements for tank fabricators.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights4 records

Customer concentration

• Xx.com/HughesTankCo

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Tank Company