Smith Tank & Steel, INC

What Smith Tank & Steel, INC does

Smith Tank & Steel, Inc. is a privately held industrial general contractor founded in 1997 and headquartered in Gonzales, Louisiana, with additional offices in Livingston, LA and Houston, TX. The company specializes in the construction, fabrication, and on-site repair of API-spec aboveground storage tanks, ASME pressure vessels, shop-built API/AWWA tanks, and tank appurtenances. Its technical work spans carbon steel, stainless steel, alloys, and aluminum, and it holds ASME A, R, U, and U2 stamps in addition to API 650, 653, and 620 compliance and AWWA fabrication capability. The company operates a 30-acre main facility in Gonzales equipped with a rail spur, a 23,000-sq-ft fabrication shop with multiple overhead cranes, plate rolling and plasma/oxy-fuel burning equipment, and 25,000 sq-ft of corporate/warehouse space, and is capable of field-erecting tanks exceeding 315 feet in diameter.

The company's revenue model is project-based, with revenue generated from four streams: new field-erected tank construction (one-time project contracts), on-site tank repair and maintenance under API 653 (professional services), ASME/shop tank fabrication, and turnkey terminal EPC services (managed services covering civil, foundations, cathodic protection, piping, paint/coatings, mechanical, loading racks, E&I, and commissioning). Pricing is quote-driven, multi-year, and tailored to specifications such as barrel capacity, stored product, specific gravity, and required appurtenances. Go-to-market is direct enterprise field sales to industrial clients across oil & gas (upstream, midstream, downstream), terminals, petrochemical, power, pulp and paper, aviation, and government projects, supported by industry association memberships (ILTA, LCIA, LOGA, NISTM, Ascension Chamber), a project gallery website, and safety compliance platforms (ISNetworld, PEC Premier, PICS, Veriforce, NCMS, Avelta, ICA, National Safety Council).

The company's value proposition rests on its in-house design-to-erection capability, a proprietary "Smith System" of perpetual improvement that standardizes weld quality across locations, a documented industry-leading safety record, and capital-intensive fabrication assets. Repeat business and high employee retention are highlighted as outcomes of this operating model, though no revenue, customer, or financial disclosures are publicly available.

Name

Smith Tank & Steel, INC

Legal name

Smith Tank & Steel, Inc.

Website

https://smith-tank.com

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Smith Tank & Steel is a privately held Louisiana-based industrial contractor founded in 1997 that fabricates, field-erects, and repairs API-spec aboveground storage tanks, ASME pressure vessels, and turnkey terminal facilities for oil & gas, petrochemical, power, and government clients nationwide.

Ownership category

akta.pro rank

Product category

Industrial Tank Manufacturing and Field Erection

NAICS

Boiler, Tank, and Shipping Container Manufacturing (3324), Metal Tank (Heavy Gauge) Manufacturing (332420), Oil and Gas Pipeline and Related Structures Construction (23712)

SIC

Fabricated Plate Work (Boiler Shops) (3443)

akta.pro primary industry

Steel Plate, Sections & Welded Assemblies (IMADACAD)

akta.pro secondary industry

Metals & Steel Mill Facility Construction (IMAFADAF)

Keywords

• Aboveground storage tanks
• Pressure vessel fabrication
• Tank field erection
• API 650 construction
• Terminal EPC services

Headquarters

HQ city

Gonzales

HQ country

Philippines

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. New Construction: Field-erected tank projects for API storage tanks. Services include engineering, design, fabrication, and erection of tanks ranging from small shop-built tanks to field-erected tanks exceeding 315' diameter. Includes turnkey projects covering tank foundations, erection, painting, insulation, and tie-in piping.
2. Tank Repair and Maintenance: On-site repair services for API 653 aboveground storage tanks including shell inserts, modifications, foundation work, bottom replacements, and roof replacements.
3. ASME Pressure Vessels and Shop Tanks: Fabrication of ASME pressure vessels, shop-built API and AWWA tanks, and tank appurtenances (sumps, manways, nozzles, platforms, etc.)
4. Turnkey Tank and Terminal EPC Services: Complete terminal facility services including civil design, foundation work, cathodic protection, secondary containment, piping, paint/coatings, mechanical, loading racks, electrical/instrumentation, and commissioning.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Smith Tank & Steel is an industrial contractor that designs, fabricates, field-erects, repairs, and maintains aboveground storage tanks and pressure vessels for energy, petrochemical, and government clients. Its core scope covers API 650/620 new construction, API 653 repair, ASME-stamped pressure vessels and shop-built tanks, and turnkey terminal EPC work covering foundations through commissioning.

Product overview

Smith Tank & Steel is an industrial tank construction and repair company offering a comprehensive suite of services centered on API storage tanks. The core portfolio includes New Construction services (field-erected tanks per API 650, API 620, and AWWA standards), Repair Services (API 653 compliant maintenance and on-site repair), and Fabrication Services (ASME pressure vessels and shop-built tanks). These services are supported by Turnkey Services for complete terminal EPC capabilities and General Construction for complementary industrial construction. The company fabricates tank appurtenances and maintains ASME A, R, U, and U2 stamps.

Differentiator

Problem solved

Functional benefit

Products and services

• New Construction Field-erected tank construction services for API 650, API 620, and AWWA compliant storage tanks, ranging from small shop-built tanks to field-erected tanks exceeding 315 feet in diameter. Delivered to enterprise industrial clients in oil and gas, petrochemical, power, and other industries nationwide.
• Repair Services Maintenance and on-site repair services for API aboveground storage tanks per API 653 standards, including shell inserts, modifications, foundation work, bottom replacements, and roof replacements. Offered to industrial tank owners needing inspection, alteration, and reconstruction of existing tanks.
• Fabrication Services Shop fabrication of ASME pressure vessels, shop-built API and AWWA tanks, and tank components, with plate rolling, plasma and oxy-fuel burning capabilities across carbon steel, stainless steel, alloys, and aluminum. ASME A, R, U, and U2 stamps held.
• Turnkey Services Complete turnkey tank and terminal EPC services including civil design, foundation work, cathodic protection, secondary containment, piping, paint and coatings, mechanical work, loading racks, electrical and instrumentation, and commissioning, with all design, engineering, and fabrication performed in-house.
• General Construction General industrial construction services complementing tank repair and construction, including civil foundation work, onsite fabrication and repair, structural work, equipment setting, and pump installation for industrial sites.

Quantifiable outcome

• Tanks constructed to tolerances exceeding API 650, 653, and 620 codes
• +2 more outcomes

Segments9 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

15 partnerships are on record, tiered minor and core.

• Ascension Chamber of CommerceminorOthersMembership in local business chamber providing networking and community connections in Ascension Parish, Louisiana.
• LCIA (Louisiana Chemical Industry Alliance)minorOthersMembership in industry alliance for Louisiana chemical sector, providing industry-specific networking and advocacy.
• ILTA (International Liquid Terminals Association)minorOthersMembership in international association representing liquid terminal operators, providing industry standards and best practices networking.
• LOGA (Louisiana Oil and Gas Association)minorOthersMembership in state-level oil and gas association providing advocacy and industry connections.
• NISTM (National Institute for Storage Tank Management)minorOthersMembership in national institute focused on storage tank management, providing technical resources and industry expertise.
• Baton Rouge Safety CouncilminorOthersMembership in local safety council supporting workplace safety standards and training.
• ISNetworldminorOthersSubscription-based contractor safety and compliance management system for pre-qualifying contractors.
• PEC PremierminorOthersSafety and compliance services platform for contractor qualification and workforce safety.
• PICS AuditingminorOthersThird-party safety auditing services for contractor compliance verification.
• NCMSminorOthersNational safety compliance management organization providing contractor qualification services.
• VeriforceminorOthersSafety and contractor qualification platform for verifying workforce credentials and compliance.
• AveltaminorOthersSafety and compliance services provider for contractor workforce qualification.
• ICAminorOthersIndustry compliance and safety organization providing audit and qualification services.
• National Safety CouncilminorOthersMembership in national organization dedicated to safety leadership and advocacy.
• ASME InternationalcoreOthersHolds ASME A, R, U and U2 stamps for pressure vessel fabrication. ASME International is the standards organization governing pressure equipment.

Scale indicators5 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• CB&I (McDermott Storage Solutions): CB&I's storage tank business, now within McDermott, is the largest legacy tank EPC contractor in the US, competing for large-diameter field-erected tank and terminal work; it operates at broader scale than Smith Tank and is on most approved bidder lists.
• AECOM: AECOM's Construction Services segment executes large industrial and terminal EPC projects including tank farms, giving it overlap with Smith Tank on turnkey work even though tank construction is not its core focus.
• Burns & McDonnell: Burns & McDonnell is an employee-owned engineer-procure-construct firm with a strong terminal, pipeline, and tank farm EPC practice, frequently competing for the turnkey storage terminal work that Smith Tank also targets.

Direct peers

• International Tank Service (ITS): ITS is a regional specialist in API 653 tank inspection, repair, and modification alongside new tank construction, overlapping directly with Smith Tank's Repair and New Construction service lines.
• Matrix Service Company: Matrix Service Company (NASDAQ: MTRX) is a direct competitor in aboveground storage tank construction, repair, and specialty fabrication, serving the same oil & gas, petrochemical, and power markets as Smith Tank with API and ASME-certified capabilities.
• T.F. Hudgins & Associates: T.F. Hudgins fabricates ASME pressure vessels, shell-and-tube exchangers, and storage tanks from carbon, stainless, and alloy steels — a closely overlapping specialty-fabrication offering for refining and petrochemical customers.
• Pitt-Des Moines (PDM Constructors): PDM is a long-standing field-erected storage tank and pressure vessel contractor serving the same refining, petrochemical, and water utility verticals as Smith Tank, with comparable API and ASME code credentials.
• Superior Tank Co. (Western Mechanical): Superior Tank is an API/UL 142 shop-built and field-erected tank manufacturer serving petroleum, chemical, and water markets; closely comparable in product mix to Smith Tank's shop-built and smaller-diameter work.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance8 records

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 Smith Tank & Steel, INC