Halvorsen

What Halvorsen does

Halvorsen (legally The Halvorsen Company, operating as Halvorsen USA) is a privately held, ASME-certified heavy plate steel fabricator founded in 1955 and headquartered in Broadview Heights, Ohio. The company manufactures custom industrial pressure vessels, reactors, separators, distillation towers and process tanks, alongside heavy weldments, rolled cylinders, cones, formed shapes and gear blanks ranging from 24 to 168 inches in diameter. It holds continuous ASME U, S and H code stamps and a National Board R stamp since 1955, covering Section VIII Division 1 pressure vessels, Section I power boilers and Section IV heating boilers, and complies with AWS D1.1, ISO 9000 and API 650.

Core operations are built around capital-intensive plate processing: oxy-fuel cutting on 12' x 50' tables, plate rolling up to 4-1/2 inches thick and 12'-6" wide, CNC press brake forming up to 8 inches thick and 30 feet long using a 2,000-ton press brake, hot and cold forming via electric and gas car-bottom furnaces, multi-process welding (SAW, FCAW, GTAW, SMAW, MIG, TIG, plasma), and precision inspection using FARO Arm CMM and VersaGage equipment. Manufacturing spans 110,000 sq ft in Garfield Heights, Ohio plus a secondary warehousing and fabrication facility in Brooklyn, Ohio.

Halvorsen sells exclusively through a direct, project-based B2B model — phone outreach, website quote requests and engineering consultation — pricing each job on material, thickness, complexity and volume. It serves enterprise OEMs and end users across oil and gas, chemical and petrochemical, mining, power generation, water treatment, construction equipment, steel service, defense and engineering firms, with stated emphasis on shorter lead times and on-time, on-budget delivery. The company reports 2,000+ tons of steel processed annually and 90% domestic sourcing of materials and services.

Name

Halvorsen

Legal name

The Halvorsen Company

Website

https://halvorsenusa.com

Company type

Private

Founded year

1955

Operating status

Operating

Headcount range

11–50 employees

Short description

Halvorsen is a privately held, ASME-certified heavy plate steel fabricator founded in 1955 in Ohio, producing custom pressure vessels, heavy weldments, rolled cylinders, cones and gear blanks for enterprise OEMs in oil and gas, chemical, mining, power generation and industrial equipment markets.

Ownership category

akta.pro rank

Product category

Heavy Steel Fabrication and ASME Pressure Vessel Manufacturing

SIC

Special Industry Machinery (No Metalworking Machinery) (3550), Special Industry Machinery, Nec (3559)

akta.pro primary industry

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

Keywords

• ASME pressure vessels
• Heavy plate fabrication
• Custom steel fabrication
• Rolled cylinders manufacturing
• Industrial gear blanks

Headquarters

HQ city

Broadview Heights

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Custom Fabrication Services: One-time project-based revenue from custom heavy plate fabrication, pressure vessel manufacturing, and steel component fabrication. Projects are quoted individually based on specifications, materials, and complexity. Revenue derived from material sourcing, fabrication labor, testing, and documentation services.
2. Weldments and Fabricated Assemblies: Custom weldment fabrication for heavy machinery and equipment industries. Revenue generated from welding assemblies of steel or metal pieces, including complex mainframes, machine housings, and structural components.
3. ASME Stamped Parts and Components: Supply of ASME stamped components and parts for OEM manufacturers. Components include pressure vessel shells, cones, cylinders, and custom fabricated parts with ASME code documentation.
4. Custom Gear Blanks: Fabrication of custom gear blanks ranging from 24" to 168" diameter for industrial applications including wind turbines, mining equipment, and power transmission.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Halvorsen is a full-service custom heavy steel fabricator that manufactures ASME-certified pressure vessels, code vessels for power generation, large custom fabrications, rolled cylinders, cones, heavy plate weldments, and custom gear blanks (24" to 168" diameter). The company provides end-to-end services from design and engineering through fabrication, manufacturing, testing, documentation, and logistics under one roof at its 110,000 sq ft Ohio facility. All work is project-based and quoted individually to industrial OEM manufacturers and process equipment companies.

Product overview

Halvorsen USA is a full-service ASME-certified steel fabrication company offering a unified manufacturing platform from concept to delivery. The core offering centers on three main product lines: Vessels & Tanks (industrial pressure vessels, reactors, separators, and process equipment), Steel Fabrication (complex weldments, tank shells, plate forming, rolling, and cutting), and Products & Components (ASME U & S parts, rolled cylinders, cones, gear blanks ranging from 24 to 168 inches diameter, weldments, and formed shapes). These products are supported by integrated capabilities including plate cutting, plate forming and bending, plate rolling, and welding services. The company operates 110,000 square feet of manufacturing facilities with equipment supporting plates up to 11 inches thick, and provides services across 7 critical areas: Design, Engineering, Fabrication, Manufacturing, Testing, Documentation, and Logistics.

Differentiator

Problem solved

Functional benefit

Products and services

• Vessels & Tanks Custom fabrication of industrial pressure vessels, pressure reactors, separators, process equipment, distillation towers, knockout drums, and other tank types for oil and gas, chemical, petrochemical, power generation, and water treatment applications. Sold to industrial OEMs and process equipment manufacturers requiring ASME-certified vessels.
• Steel Fabrication Full-service steel fabrication including complex weldment fabrication, pressure vessel shell fabrication, tank shell manufacturing, plate bending, press brake forming, plate rolling, cutting, heat treating, machining, painting, and finishing services. Sold to heavy machinery OEMs and industrial equipment manufacturers.
• ASME U & S Parts ASME-stamped parts and components for OEM manufacturers, particularly chemical and petrochemical plants. Includes overflow fabrication work with full code documentation.
• Rolled Cylinders Custom fabrication of medium to heavy wall cylinders, pressure vessel shells, cones, rings, custom formed shapes, elbows, transitions, lateral tees, and mitered pipe fittings. Sold to pressure vessel and process equipment OEMs.
• Cones Rolled, formed and welded steel cones including eccentric and concentric cones manufactured using plate roll or press brake methods for industrial components.
• Gear Blanks Custom fabrication of small and large diameter gear blanks from 24" to 168" diameter for motors, power transmission, mining equipment, industrial gearboxes, and wind turbine applications.
• Weldments & Fabrications

Quantifiable outcome

• Zero rejects with some customers - components fit together correctly every time
• +2 more outcomes

Named customers9 records

Segments7 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

One partnership is on record.

• Steel Tank Institute and Steel Plate Fabricators Association (STI/SPFA)industry associationOthersHalvorsen is an active member of the Steel Tank Institute and the Steel Plate Fabricators Association, demonstrating commitment to industry standards and highest level of customer satisfaction.

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Holtec International: US-based heavy steel fabricator with deep ASME and nuclear code credentials producing pressure vessels, containers, and structural fabrications — directly comparable to Halvorsen's ASME-certified heavy plate fabrication scope.
• Chicago Bridge & Iron (CB&I): Historic US fabricator of large welded storage tanks, pressure vessels, and process equipment for oil & gas, petrochemical, and water infrastructure — overlaps Halvorsen's core vessel and tank product lines.
• Babcock & Wilcox: ASME Section I power boiler and heat exchanger manufacturer with comparable code-stamped fabrication capability and a shared customer base in power generation and industrial steam.
• Chart Industries: Designs and manufactures engineered pressure vessels and cryogenic equipment under ASME codes, serving industrial gas, energy, and chemical customers that overlap Halvorsen's oil & gas and chemical/petrochemical verticals.
• Elliott Group: Builds pressure vessels, heat exchangers, and heavy casings for turbomachinery and process equipment — directly comparable to Halvorsen's weldments and pressure vessel components for OEM customers.
• Pittsburgh Tank & Tower: US-based fabricator of custom welded storage tanks and pressure vessels serving water, industrial, and chemical markets — comparable mid-sized ASME fabricator competing for similar project work.
• Matrix Service Company: Constructs storage tanks, terminals, and pressure vessels for oil & gas, chemical, and power customers — a direct competitor for the heavy plate and ASME vessel work that anchors Halvorsen's revenue.
• Mestek: US manufacturer of boilers, heat transfer, and metal fabrication products with overlapping ASME code-stamped capabilities in power generation and HVAC process equipment.
• Phoenix Fabricators: ASME-certified custom tank and pressure vessel fabricator serving industrial and municipal water/wastewater markets — directly comparable mid-market peer in heavy plate welding and forming.

Broad incumbents

• Trinity Industries: Large diversified industrial manufacturer with structural steel, tank, and energy equipment product lines — broader scope but overlaps Halvorsen's heavy plate and pressure vessel categories from a larger incumbents' vantage point.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCGxqTmrj2NKzpWxUGrbvKRg
• LinkedInlinkedin.com/company/halvorsen

Compliance9 records

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 Halvorsen