Palacios Marine & Industrial

What Palacios Marine & Industrial does

Palacios Marine & Industrial (PMI) is a privately held, MBE-certified general mechanical contractor incorporated in 2003 and headquartered in Port Lavaca, Texas. The company operates as a full-service contractor to industrial end-markets, principally petrochemical and refinery operators, oil & gas / midstream, and secondarily power (including nuclear), mining & smelting, bulk oil & gas storage, pulp & paper, and aerospace. PMI pursues contracts through direct enterprise field sales and relationship-driven business development with procurement and operations teams at target facilities.

PMI's service portfolio spans seven core lines: construction (capital projects, procurement, heavy civil, piping, structural steel erection, equipment setting, scaffolding, insulation, blasting and painting, fireproofing); maintenance (planning/scheduling, craft workforce, mechanical work, heat exchanger retubes, code vessel repairs); shop fabrication (pipe, ASME code pressure vessels, skids, modules, indoor blasting and painting); shutdowns/turnarounds; terminal services (tank repair, cleaning, floating roof installation/repair); facility services (janitorial, grounds, post-construction cleaning, pressure washing); and industrial cleaning (hydroblasting, hydro-excavation, vacuum, vapor blasting). Notable technical scope includes welding across SMAW, GMAW, GTAW, FCAW, and SAW processes, including exotic materials such as titanium and nickel alloys.

PMI generates revenue through project-based, bid contracts for one-time construction, fabrication, maintenance, turnaround, and terminal engagements; pricing is project-specific and quote-based with no public disclosure. The firm operates from nine offices across Texas, Louisiana, Alabama, and Jamaica, with a dedicated Hiring Center in Deer Park, TX. Competitive positioning rests on a regulatory certification stack (ASME U and S Stamps, SSPC QP 3, API 510/570/653, AWS CWI), MBE status for diversity procurement programs, and a management-driven safety culture. Ownership is founder-/management-led with no disclosed institutional, venture, or private equity investment.

Name

Palacios Marine & Industrial

Legal name

Palacios Marine & Industrial

Website

https://palaciosmarineindustrial.com

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Palacios Marine & Industrial is a privately held, MBE-certified full-service mechanical contractor serving petrochemical, refinery, oil & gas, and other industrial clients across the Gulf Coast with construction, fabrication, maintenance, turnaround, terminal, facility, and industrial cleaning services.

Ownership category

akta.pro rank

Product category

Industrial Mechanical Contracting

NAICS

Oil and Gas Field Machinery and Equipment Manufacturing (333132), Marine Cargo Handling (488320), Commercial and Service Industry Machinery Manufacturing (33331)

SIC

General Industrial Machinery & Equipment (3560), Special Industry Machinery (No Metalworking Machinery) (3550), Construction, Mining & Materials Handling Machinery & Equip (3530)

akta.pro primary industry

Marine Terminals & Cargo Handling Infrastructure (RoRo, Bulk, Container) (IMAFAJAF)

akta.pro secondary industries

Piping, Mechanical & Auxiliaries Repair (Pumps, Valves, Heat Exchangers, Boilers) (IMAJAFAE), Environmental, Waste & Emissions Control Systems (Wastewater, VOC Capture, Spill Response) (IMAJALAK)

Keywords

• Industrial mechanical contracting
• ASME pressure vessel fabrication
• Shutdowns and turnarounds
• Petrochemical maintenance services
• Industrial construction services

Headquarters

HQ city

Port Lavaca

HQ country

United States

HQ region

North America

Offices9 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Industrial Construction & Fabrication Services: PMI generates revenue through project-based contracts for industrial construction, fabrication, maintenance, shutdowns/turnarounds, and terminal services. Revenue is earned through one-time project engagements rather than recurring contracts.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Palacios Marine & Industrial is a full-service General Mechanical Contractor providing integrated industrial construction, maintenance, fabrication, shutdowns/turnarounds, terminal, facility, and industrial cleaning services for petrochemical, refinery, oil & gas, power, mining, bulk storage, pulp & paper, and aerospace clients. The company operates both field services and shop fabrication capabilities, producing pipe, ASME code pressure vessels, skids, modules, and shop-applied paint and linings, while executing capital projects, turnarounds, tank repairs, and hydroblasting/vapor blasting work in the field.

Product overview

Palacios Marine & Industrial (PMI) is a full-service General Mechanical Contractor offering an integrated portfolio of industrial services. The company's core offerings span construction (capital projects, procurement, heavy civil, piping, structural steel), fabrication (pipe, ASME pressure vessels, skids, modules), maintenance (planning, craft workforce, mechanical, heat exchanger retubes), shutdowns/turnarounds, terminal services (tank repair, cleaning, floating roofs), facility services (janitorial, grounds, cleaning), and industrial cleaning (hydroblasting, vacuum, vapor blasting). PMI operates both field services and shop fabrication with indoor blasting and painting capabilities.

Differentiator

Problem solved

Functional benefit

Products and services

• Construction Services

Segments7 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Associated Builders and ContractorsminorOthersPMI is associated with Associated Builders and Contractors as part of their contractor safety council and industry relationships. This membership supports their safety-first culture and provides networking within the construction industry.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Turner Industries: Turner Industries is a large Gulf Coast-based industrial contractor providing mechanical, fabrication, maintenance, and turnaround services to petrochemical, refining, and oil & gas clients. Direct peer to PMI in service portfolio, customer base, and geographic footprint along the Texas/Louisiana industrial corridor.
• Matrix Service Company: Matrix Service provides construction, fabrication, and maintenance services to energy, refining, and petrochemical clients with strong ASME-coded pressure vessel and tank capabilities. Highly comparable to PMI in shop fabrication + field services integration and turnaround execution.
• Team Industrial Services: Team Industrial Services delivers mechanical inspection, heat exchanger repair, and turnaround services to refining and petrochemical clients using API 510/570/653 inspectors. Direct peer to PMI in turnaround execution and heat exchanger retube services.
• S&B Engineers and Constructors: S&B is a Houston-based EPC and industrial contractor specializing in refineries, petrochemicals, and pipeline projects across the Gulf Coast. Comparable to PMI in mechanical contracting scope and Gulf Coast refinery focus.
• Performance Mechanical Contractors: Performance Mechanical is a specialty industrial mechanical contractor serving petrochemical, refining, and power clients in the Gulf Coast with piping, fabrication, and turnaround capabilities. Closely comparable mid-sized competitor with similar service mix.

Broad incumbents

• EMCOR Group: EMCOR is a publicly traded leader in mechanical and electrical construction, industrial services, and facility solutions serving refining, chemical, and power clients. Overlaps with PMI in industrial mechanical contracting but operates at far greater scale across the U.S. and globally.
• BrandSafway: BrandSafway provides industrial services including scaffolding, insulation, blasting and painting, and mechanical access to refineries, petrochemical plants, and power facilities. Comparable to PMI's facility/industrial cleaning and scaffolding-adjacent service lines.
• Zachry Group: Zachry Group is a large privately held industrial constructor with heavy civil, mechanical, and craft services to refining, petrochemical, and power clients. Overlaps PMI in craft workforce deployment and ASME pressure vessel work, but at much larger scale.

Others

• Industrias Bachoco / Marathon Petroleum contractors (regional cluster): KBR is a major EPC contractor with significant refining, petrochemical, and government services exposure. Comparable as a customer-side counterparty that PMI may subcontract under, but at substantially larger scale and broader portfolio.

Regional players

• SteelCore Industrial: SteelCore is a Texas-based industrial mechanical contractor providing fabrication, installation, and maintenance services to petrochemical and refining clients in the Gulf Coast. Comparable regional peer with similar ASME-coded fabrication focus.

Market position

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance8 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 Palacios Marine & Industrial