Maxfield
Maxfield designs and manufactures certified pressure vessel storage and transportation equipment — including transport trailers, bulk storage, bobtails, domestic tanks, NH3 wagons, and cryogenic vessels — for the compressed gas, agricultural, and oil & gas industries across Western Canada and North America, operating as a subsidiary of TerraVest Industries.
- Company typePrivate
- Founded1962
- HeadquartersCalgary, Canada
- Headcount251–500
- GTM typeB2B
- OfferingHardware or Manufacturing
What Maxfield does
Maxfield, founded in 1962 and headquartered in Crossfield, Alberta, designs and manufactures pressure vessel storage and transportation equipment for the compressed gas, agricultural, and oil & gas industries across Western Canada and North America. The company produces a portfolio of certified hardware products including TC331 specification transport trailers (LPG/NGL/NH3), bulk storage vessels up to 120,000 USWG, bobtail delivery tanks (3,000-8,500 USWG), domestic propane tanks (320-2,000 USWG), anhydrous ammonia wagons, skid-mounted systems, and cryogenic transport and storage vessels up to 60,000 USWG for Liquid Nitrogen and LNG (TC/MC 338 and TC/CGA 341 specifications). Manufacturing is anchored in a 120,000 sqft shop with the largest inventory of active TCRN's for TC331 trailers in Canada, positioning Maxfield as one of only a few cryogenic equipment manufacturers in the country and enabling industry-leading build throughput and short lead times.
The business operates as a subsidiary of TerraVest Industries, a diversified industrial group whose other brands (TerraVest LPG, TerraVest Tanks, Signature Truck Systems, Mississippi Tank, Pro-Par, TerraVest Leasing) supply cross-brand inventory, parts, and financing. Maxfield monetizes through one-time capital equipment sales (hardware sales), aftermarket parts, recurring inspection and repair services (M1/M5/M10 compliance testing, accident repair, meter proving), and engineering-supported installation delivered through an authorized installer partner network. Go-to-market is enterprise field sales with business development managers dedicated to each of three divisions (Propane Transports & Storage, Oil & Gas, Agricultural), reinforced by participation in industry trade shows and a modest digital marketing footprint. A cloud-based Online Asset Tracking System (OATS) is offered to customers as a software layer for compliance inspection data, which many customers use as their primary system of record.
The company is privately held, employs 251-500 people, and operates from six North American locations (five in Canada, one in the USA). Pricing is quote-based for custom equipment and unit-priced for standardized domestic tanks, with no public revenue disclosure. Competitive advantages rest on regulatory certifications (TC/DOT/CRN), scale of inventory and manufacturing capacity, the breadth of the service/repair network, and integration with the TerraVest ecosystem.
Maxfield firmographics
Firmographics- Name
- Maxfield
- Legal name
- Maxfield LP
- Website
- https://maxfield.ca
- Company type
- Private
- Founded year
- 1962
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Maxfield designs and manufactures certified pressure vessel storage and transportation equipment — including transport trailers, bulk storage, bobtails, domestic tanks, NH3 wagons, and cryogenic vessels — for the compressed gas, agricultural, and oil & gas industries across Western Canada and North America, operating as a subsidiary of TerraVest Industries.
- Ownership category
- akta.pro rank
Maxfield industry classification
Industry- Product category
- Pressure Vessel Manufacturing
- NAICS
- Oil and Gas Field Machinery and Equipment Manufacturing (333132), Boiler, Tank, and Shipping Container Manufacturing (3324), Industrial Truck, Tractor, Trailer, and Stacker Machinery Manufacturing (333924)
- SIC
- Oil & Gas Field Machinery & Equipment (3533)
- akta.pro primary industry
- Hazardous Liquids & Specialty Chemical Terminals (Methanol, Solvents, Sulfur) (EUALAEAL)
- akta.pro secondary industries
- Crude Oil & Condensate Terminals (Tank Farms, Marine/Truck/Rail Loading) (EUALAEAA), Industrial Gases (Compressed/Cryogenic) Bulk Transport (TLADALAE), Truck Transportation of Crude, Refined Products & LPG (Bulk Road Haulage) (EUALADAJ)
Keywords
Where Maxfield is headquartered
LocationHeadquarters
- HQ city
- Calgary
- HQ country
- Canada
- HQ region
- North America
Offices5 records
Markets served
Maxfield business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D
Revenue model
- Pressure Vessel Equipment Sales: One-time capital equipment sales of pressure vessel storage and transportation equipment including bulk storage tanks, transport trailers, bobtail tanks, domestic tanks, NH3 wagons, and skids. Products range from standard stock units to fully customized vessels.
- Parts Sales: Sales of compressed gas equipment parts including valves, float gauges, hoses, pumps, compressors, and decals. One-stop-shop for all compressed gas part needs.
- Repair and Testing Services: Inspection, testing, and repair services for LPG, anhydrous ammonia (NH3), cryogenic and pressurized cargo transports. Includes M1 (annual), M5 (5 year), M10 (10 year) inspections, site/facility upgrades, meter proving, and pump repair. Specialized accident repair and complex vessel repairs supported by in-house engineering.
- Installation Services: Engineering assistance through design process and installation of compressed gas storage solutions through partnerships with authorized installers to ensure compliance with regulations.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Domestic Propane Tanks |
| Other | Pay-as-you-go | Custom Equipment |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels6 records
Maxfield product offering
Product offeringCore offering
Maxfield engineers, designs, and manufactures pressure vessel storage and transportation equipment for the compressed gas, agricultural, and oil & gas industries across Western Canada and North America. Its product portfolio includes bulk storage vessels (up to 120,000 USWG), TC331 specification transport trailers, bobtail propane delivery tanks (3,000-8,500 USWG), domestic propane tanks (320-2,000 USWG), NH3 wagons for agriculture, skids, and cryogenic trailers/storage vessels (up to 60,000 USWG) for LNG and Liquid Nitrogen. The company complements manufacturing with parts supply, inspection/testing/repair services, and authorized installation services across six North American locations.
Product overview
Maxfield is a manufacturer of pressure vessel storage and transportation equipment for the compressed gas, agricultural, and oil & gas industries. The company operates under TerraVest Industries and produces a portfolio of products including Bulk Storage vessels (up to 120,000 USWG for LPG/NGL/NH3), Transports (TC331 specification trailers), Bobtails (propane delivery trucks with integrated tanks ranging 3,000-8,500 USWG), NH3 Wagons, Domestic Tanks (320-2,000 USWG ASME certified), Cryogenic Transport & Storage systems for LNG and Liquid Nitrogen (up to 60,000 USWG), and Skids. The product portfolio is complemented by services including parts supply (valves, gauges, hoses, pumps), repair and testing (M1/M5/M10 inspections), and authorized installation services across 6 North American locations.
Differentiator
Problem solved
Functional benefit
Products and services
- Bulk Storage
Quantifiable outcome
- Shortest lead times in the industry due to inventory of completed tanks and steel plate for new builds
- +2 more outcomes
Companies that use Maxfield
Customer profileSegments3 records
Ideal customer profiles3 records
Maxfield technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Maxfield partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Authorized InstallerscorePartnerships with authorized installers to assist customers with the installation of compressed gas storage solutions and to ensure compliance with state and federal regulations. Maxfield engineers help through the design process before installation.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
Maxfield competitors and assessment
Company assessmentDirect peers
- Chart Industries: A US-based global manufacturer of cryogenic equipment, process technology, and specialty industrial products. Directly comparable to Maxfield in cryogenic trailers, LNG/LIN storage vessels, and bulk industrial gas equipment serving overlapping customers in LPG, LNG, and industrial gas distribution.
- Worthington Industries: A diversified US-based manufacturer of pressure cylinders, steel processing, and propane tanks (including the Manchester Tank and Worthington Cylinders brands). Comparable in propane tanks, ASME-certified vessels, and pressure cylinder manufacturing serving the compressed gas and oil & gas markets.
- Taylor-Wharton: A manufacturer of cryogenic storage and transport equipment for LNG, LIN, and LCO2. Directly comparable to Maxfield's cryogenic trailer and storage vessel product line, serving industrial gas distributors and energy customers.
- Cavagna Group: An Italian-headquartered global manufacturer of valves, regulators, and equipment for LPG, NH3, and compressed gas distribution. Comparable to Maxfield in serving propane distributors with complementary LPG valves and tank components.
- RegO Products: A US-based manufacturer of valves, regulators, and accessories for the LPG and compressed gas industry. Comparable in serving propane distributors with hardware that pairs with Maxfield's storage tanks, transports, and bobtails.
- American Welding & Tank (AW&T): A US-based manufacturer of ASME pressure vessels, storage tanks, and custom fabricated equipment for compressed gas, oil & gas, and industrial customers. Comparable to Maxfield in pressure vessel manufacturing for propane, NH3, and bulk storage applications.
Broad incumbents
- Air Products and Chemicals: A global industrial gas major that also manufactures cryogenic and bulk storage equipment for its own fleet and third parties. Comparable as both a potential customer of cryogenic vessels and an operator of similar equipment in LNG and industrial gas distribution.
- Heil Trailer International: A leading manufacturer of tank trailers for bulk transport of liquids including chemicals and petroleum products. Comparable to Maxfield's transport trailer product line in serving bulk liquid transport customers across North America.
- Trinity Industries: A diversified manufacturer of railcars, barges, and structural steel products serving freight transportation and energy customers. Comparable in midstream equipment manufacturing and serving oil & gas, petrochemical, and agricultural commodity transport.
- Messer Americas: A major industrial and medical gas supplier operating across North America that operates its own fleet of cryogenic transports and bulk storage. Comparable as both a buyer of Maxfield's cryogenic equipment and an operator of similar assets in the same end markets.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Maxfield social profiles
Digital presenceMaxfield financial estimates
Financial estimateRevenue estimate
Valuation estimate
Maxfield leadership team
Management profileNumber of profiles
Profiles4 records
Maxfield funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Maxfield 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 Maxfield
What does Maxfield do?
Maxfield engineers, designs, and manufactures pressure vessel storage and transportation equipment for the compressed gas, agricultural, and oil & gas industries across Western Canada and North America. Its product portfolio includes bulk storage vessels (up to 120,000 USWG), TC331 specification transport trailers, bobtail propane delivery tanks (3,000-8,500 USWG), domestic propane tanks (320-2,000 USWG), NH3 wagons for agriculture, skids, and cryogenic trailers/storage vessels (up to 60,000 USWG) for LNG and Liquid Nitrogen. The company complements manufacturing with parts supply, inspection/testing/repair services, and authorized installation services across six North American locations.
Is Maxfield a public or private company?
Maxfield is a private company. It is classified as corporate owned and is currently operating.
When was Maxfield founded?
Maxfield was founded in 1962. It employs 251 to 500 people.
Where is Maxfield based?
Maxfield is headquartered in Calgary, Canada, in the North America region.
How does Maxfield make money?
Four revenue lines are on record. Pressure Vessel Equipment Sales are the primary driver. The others are parts Sales, repair and Testing Services and installation Services.
Who are Maxfield's main competitors?
Direct peers on record are Chart Industries, Worthington Industries, Taylor-Wharton, Cavagna Group, RegO Products and American Welding & Tank (AW&T). Broad incumbents are Air Products and Chemicals, Heil Trailer International, Trinity Industries and Messer Americas.
Does Maxfield have an API?
No public API is recorded for Maxfield.
What industry is Maxfield in?
Maxfield's product category is Pressure Vessel Manufacturing. Its primary akta.pro industry code is EUALAEAL, Hazardous Liquids & Specialty Chemical Terminals (Methanol, Solvents, Sulfur), with a secondary code of EUALAEAA, Crude Oil & Condensate Terminals (Tank Farms, Marine/Truck/Rail Loading). Its NAICS code is 333132 and its SIC code is 3533.