Cannon Boiler Works
Cannon Boiler Works is a privately held industrial manufacturer that designs and builds custom heat exchangers, boiler economizers, steam accumulators, condensers, and ASME pressure vessels for chemical, petrochemical, power generation, and heavy industrial customers across the United States.
- Company typePrivate
- Founded1972
- HeadquartersNew Kensington, United States
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
What Cannon Boiler Works does
Cannon Boiler Works, Inc. is a privately held industrial manufacturer founded in 1972 in Pittsburgh, Pennsylvania and currently headquartered at 510 Constitution Boulevard in New Kensington, PA. The company designs, manufactures, and services custom industrial heat exchangers, boiler economizers, steam accumulators, condensers, and ASME pressure vessels, serving end markets in chemical, petrochemical, steel, aluminum, refinery, biofuel, electrical power, and natural gas processing. Its core technology centers on industrial heat exchange and energy recovery, with a proprietary brazed finned tubing manufacturing capability established in 1980 and a patented LTO Environmental System (1995) for zero-emission flue gas reduction. Production capacity includes ASME pressure vessels up to 100,000 lbs and heavy-duty economizers for boilers generating 15,000 to 150,000 lbs/hour of steam.
The company's business model is custom-engineered, project-based equipment sales with project values typically ranging from $100,000 to $2.5 million, complemented by repair, re-tubing, re-certification, and modification services that generate recurring revenue from installed units over their approximate 20-year operating life. Pricing is not publicly disclosed and is determined per project based on materials, pressure ratings, and complexity, with engineering costs folded into overhead. Go-to-market is direct sales via a nationwide representative network, supported by a website with detailed prospect qualification criteria, downloadable technical brochures, and active social media channels. The company holds ASME Code stamps S, H, U, and R, along with TEMA, API 660, and API 661 certifications, and relies on Arise, Inc. as its third-party inspection agency. Notable past customers include Duke Power's Mobile Bay Co-Generation Plant, the Pittsburgh Municipal Sanitary Authority, and a 25 MW wood-fired power plant. The company is privately owned and operated with no disclosed external investment, private equity ownership, or parent company.
Cannon Boiler Works firmographics
Firmographics- Name
- Cannon Boiler Works
- Legal name
- Cannon Boiler Works, Inc.
- Website
- https://cannonboilerworks.com
- Company type
- Private
- Founded year
- 1972
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Cannon Boiler Works is a privately held industrial manufacturer that designs and builds custom heat exchangers, boiler economizers, steam accumulators, condensers, and ASME pressure vessels for chemical, petrochemical, power generation, and heavy industrial customers across the United States.
- Ownership category
- akta.pro rank
Cannon Boiler Works industry classification
Industry- Product category
- Industrial Process Equipment - Heat Exchangers and Pressure Vessels
- NAICS
- Power Boiler and Heat Exchanger Manufacturing (33241), Boiler, Tank, and Shipping Container Manufacturing (3324), Heating Equipment (except Warm Air Furnaces) Manufacturing (333414)
- SIC
- Fabricated Plate Work (Boiler Shops) (3443), Steam & Air-Conditioning Supply (4961)
- akta.pro primary industry
- Heat Transfer Equipment (Heat Exchangers, Boilers, Condensers) (IMAHAEAC)
- akta.pro secondary industries
- Boilers, Furnaces & Process Heating Equipment (IMAHAKAD), Industrial Boilers, HRSGs & Steam Generators (IMAHAFAF)
Keywords
Where Cannon Boiler Works is headquartered
LocationHeadquarters
- HQ city
- New Kensington
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Cannon Boiler Works business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales
Revenue model
- Custom Heat Exchanger & Economizer Equipment Sales: Design, manufacture, and sale of custom industrial heat exchangers, boiler economizers, steam accumulators, and condensers. Products are custom-designed to customer specifications with pricing based on complexity, materials, and size. Project values typically range from $100,000 to $2,500,000.
- Repair & Maintenance Services: Industrial heat exchanger repair, replacement, re-certification, and modification services including tube plugging, re-tubing, pressure testing, and reverse engineering capabilities.
- ASME Pressure Vessel Manufacturing: Custom ASME pressure vessel fabrication for chemical, petrochemical, steel, aluminum, refinery, biofuel, power, and natural gas industries. Vessel pressure ratings can reach 1000psig or higher.
- Engineering Services: Engineering costs included as overhead with product pricing. Additional engineering services available including on-site surveys, calculations, specifications, and drawings provided at competitive consulting rates, potentially credited toward product purchases.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom equipment pricing based on specifications |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
Cannon Boiler Works product offering
Product offeringCore offering
Cannon Boiler Works custom designs, manufactures, and services industrial heat exchangers, boiler economizers, steam accumulators, condensers, and ASME pressure vessels for industrial facilities in the chemical, petrochemical, steel, aluminum, refinery, biofuel, electrical power, and natural gas sectors. The company also provides repair, re-tubing, pressure testing, re-certification, and reverse engineering services for existing equipment, with project values typically ranging from $100,000 to $2,500,000.
Product overview
Cannon Boiler Works is an industrial heat exchanger and energy recovery equipment manufacturer offering a comprehensive portfolio of products. The core offerings include Boiler Economizers (comprising Feedwater Heaters, Gas Condensing Water Heaters, Heavy Duty Economizers, On-Demand Economizers, and Dual Stage Economizers), Industrial Heat Exchangers (Shell & Tube, Finned Tube, and Repair/Maintenance services), Steam Accumulators, Industrial Condensers, and custom ASME Pressure Vessels. The company provides both new equipment and rebuilt units, along with engineering, installation assistance, and repair services. All products are designed to save fuel and reduce emissions through heat recovery from industrial processes.
Differentiator
Problem solved
Functional benefit
Products and services
- Boiler Economizers Industrial waste heat recovery systems that capture heat from stack exhaust and return it to boiler water systems. Three design parameters are fuel type, acceptable backpressure, and inlet water temperature. Sold to industrial facilities operating steam boilers.
- Feedwater Heaters Flexible heat recovery units most often used on steam boilers but adaptable to other heat sources, capable of realizing up to 10% annual fuel savings. Designed for easier installation and repair than welded tube economizers.
- Gas Condensing Water Heaters
Companies that use Cannon Boiler Works
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles3 records
Cannon Boiler Works technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Cannon Boiler Works partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered minor and core.
- The University of PittsburghminorUniversity engaged as external consultant for solutions to special problems requiring academic research or specialized expertise beyond internal capabilities.
- Team Industrial ServicesminorExternal consultant for special problems and NDE (Non-Destructive Examination) services. Provides liquid penetrant testing and other specialized inspection services as subcontractor.
- Product Evaluation SystemsminorExternal consultant engaged for solutions to special problems requiring specialized evaluation or testing capabilities.
- Arise, Inc.coreThird-party inspection agency based in Brecksville, Ohio providing inspection services for ASME Code compliance. Manages code stamps S, H, U, and R certification requirements.
- Pittsburgh Metal ProcessingminorSubcontractor for heat treating services located in Pittsburgh, PA. Provides specialized heat treatment required for pressure vessels and heat exchangers.
- Osterling SandblastingminorSubcontractor for sandblasting services located in Butler, PA. Provides surface preparation for manufactured equipment.
Scale indicators9 records
Recent moves7 records
Expansion highlights5 records
Cannon Boiler Works competitors and assessment
Company assessmentDirect peers
- API Heat Transfer: Direct peer specializing in heat exchangers for industrial process applications, including shell-and-tube, plate, and air-cooled designs. Comparable engineering-driven, custom-configured heat transfer product portfolio serving similar end markets.
- Cleaver-Brooks: Direct peer in industrial boilers, economizers, and heat recovery equipment serving similar industrial customer base. Both companies offer packaged and custom boiler systems plus heat recovery/condensing economizers for steam generation and process applications.
- Fulton Boiler Works: Direct peer manufacturing industrial boilers and heat transfer equipment for commercial and industrial steam applications. Overlaps with Cannon in custom ASME pressure vessel fabrication and heat recovery solutions for process industries.
- Optimus Industries: Mid-sized custom heat exchanger and economizer manufacturer serving industrial customers with similar engineered-to-order capabilities. Comparable custom ASME pressure vessel and industrial heat transfer offerings.
- Graham Corporation: Direct peer in engineered heat transfer equipment, condensers, and pressure vessels serving chemical, petrochemical, refining, and power customers. Graham's mission-critical custom fabrication and ASME-certified capabilities are closely comparable to Cannon's offerings.
Broad incumbents
- Babcock & Wilcox: Major incumbent in industrial boilers, waste heat recovery, and steam generation for utilities and industrial customers. Overlaps with Cannon in waste heat boilers, economizers, and heat recovery systems but at materially larger scale and global footprint.
- Hamon: Global heat transfer specialist offering air-cooled condensers, finned tube exchangers, and heat recovery solutions for power and process industries. Comparable technology portfolio to Cannon but with international scope and broader engineering services.
- SPX Heat Transfer (SPX Technologies): Broader incumbent offering heat transfer solutions including cooling, heating, and air-handling products for industrial customers. Overlaps with Cannon in industrial heat exchangers but operates at much larger scale and across multiple product lines.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Cannon Boiler Works social profiles
Digital presenceCannon Boiler Works compliance and trust
Trust signalCompliance10 records
Cannon Boiler Works financial estimates
Financial estimateRevenue estimate
Valuation estimate
Cannon Boiler Works leadership team
Management profileNumber of profiles
Cannon Boiler Works funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Cannon Boiler Works 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 Cannon Boiler Works
What does Cannon Boiler Works do?
Cannon Boiler Works custom designs, manufactures, and services industrial heat exchangers, boiler economizers, steam accumulators, condensers, and ASME pressure vessels for industrial facilities in the chemical, petrochemical, steel, aluminum, refinery, biofuel, electrical power, and natural gas sectors. The company also provides repair, re-tubing, pressure testing, re-certification, and reverse engineering services for existing equipment, with project values typically ranging from $100,000 to $2,500,000.
Is Cannon Boiler Works a public or private company?
Cannon Boiler Works is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Cannon Boiler Works founded?
Cannon Boiler Works was founded in 1972. It employs 51 to 100 people.
Where is Cannon Boiler Works based?
Cannon Boiler Works is headquartered in New Kensington, United States, in the North America region.
How does Cannon Boiler Works make money?
Four revenue lines are on record. Custom Heat Exchanger & Economizer Equipment Sales are the primary driver. The others are repair & Maintenance Services, ASME Pressure Vessel Manufacturing and engineering Services.
Who are Cannon Boiler Works's main competitors?
Direct peers on record are API Heat Transfer, Cleaver-Brooks, Fulton Boiler Works, Optimus Industries and Graham Corporation. Broad incumbents are Babcock & Wilcox, Hamon and SPX Heat Transfer (SPX Technologies).
Does Cannon Boiler Works have an API?
No public API is recorded for Cannon Boiler Works.
What industry is Cannon Boiler Works in?
Cannon Boiler Works's product category is Industrial Process Equipment - Heat Exchangers and Pressure Vessels. Its primary akta.pro industry code is IMAHAEAC, Heat Transfer Equipment (Heat Exchangers, Boilers, Condensers), with a secondary code of IMAHAKAD, Boilers, Furnaces & Process Heating Equipment. Its NAICS code is 33241 and its SIC code is 3443.