Granby Industries

What Granby Industries does

Granby Industries is a Canadian manufacturer of steel and fiberglass aboveground storage tanks, founded in 1954 and headquartered in Cowansville, Quebec. The company designs and produces residential and commercial/industrial tanks with capacities ranging from 227 L to 13,620 L (50 to 3,000 imperial gallons), all certified to applicable ULC standards (S601, S602, S652, UL-2258, UL-80, UL-142). Core technology centers on leak protection systems including vacuum monitoring, closed secondary containment with mechanical float detection, 300-degree secondary wall wraps, and visual primary tank monitoring, paired with corrosion-resistant materials and industry-leading warranties of up to 30 years. Granby also markets biofuel-compatible tanks (up to 100% biodiesel for fiberglass), diesel generator day tanks, and a full accessories line including the OptiLevel remote monitoring system.

The company sells exclusively through authorized wholesale distributors in Canada and the United States, segmented into plumbing/heating distributors for residential oil heating and industrial/petroleum distributors for commercial and industrial fuel storage. Granby does not sell directly to installers or end users; pricing is quote-based through distributors and not publicly disclosed. End-customer segments span residential homeowners with oil heating systems (150-250 gallon tanks) and commercial/industrial buyers requiring 50-3,000 gallon solutions for fleet fueling, construction, agricultural, and mechanical room applications. Dedicated residential and commercial sales representatives provide technical and account support.

Granby Industries operates as a wholly-owned subsidiary of TerraVest Industries (TSX-V: TVK), a publicly-traded diversified manufacturing group whose portfolio includes Highland Tank, Conforto, ECR International, Pro-Par, TerraVest Tanks, Signature, and Fischer Tank. The company employs 101-250 people, produces 80+ tank configurations, and completed a major Cowansville distribution center optimization in 2024-2025 that increased storage capacity by 20% and reduced shipping times by 30-50%. Granby received the Industrial Production and Distribution Award at the 2025 Brome-Missisquoi Chamber of Commerce Excellence Gala for the transformation project.

Name

Granby Industries

Legal name

Granby Industries

Website

https://granbyindustries.com

Company type

Private

Founded year

1954

Operating status

Operating

Headcount range

101–250 employees

Short description

Granby Industries is a Canadian manufacturer of ULC-certified steel and fiberglass aboveground storage tanks (227L to 13,620L), serving residential oil heating and commercial/industrial fuel storage customers across Canada and the United States through authorized wholesale distributors, as a subsidiary of TerraVest Industries.

Ownership category

akta.pro rank

Headquarters

HQ city

Cowansville

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Steel Storage Tanks: Primary revenue from manufacturing and selling steel aboveground storage tanks for residential and commercial applications. Tanks range from 227L to 13,235L capacities, sold through wholesale distributor networks in Canada and the United States.
2. Fiberglass Storage Tanks: Revenue from fiberglass storage tank manufacturing including residential oil tanks, vertical/horizontal configurations, and day tanks. Sold through the same distributor network.
3. Tank Accessories: Full range of accessories including filters, gauges, vent caps, fill caps, leak detectors, oil deaerators, quick-fill fittings, and OptiLevel remote monitoring systems sold alongside tanks.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Granby Industries designs and manufactures steel and fiberglass aboveground storage tanks for residential and commercial/industrial use, with capacities ranging from 227 L to 13,620 L. The product line includes ULC-certified double-wall, double-bottom, and single-wall tanks equipped with vacuum monitoring or closed secondary containment leak detection systems, plus a full range of tank accessories. All products are sold exclusively through authorized wholesale distributors across Canada and the United States, with no direct-to-end-user sales.

Product overview

Granby Industries is a Canadian manufacturer of steel and fiberglass above-ground storage tanks for residential and commercial/industrial applications, operating since 1954. The product portfolio consists of two main lines: Residential Tanks (EcoGard double-bottom steel, 2-in-1 double-wall polyethylene, and fiberglass vertical/horizontal single and double-wall tanks, all ULC-certified for combustible liquids) and Commercial Tanks (ULC-S601, ULC-S602, and ULC-S652 certified steel tanks in stationary and utility configurations with double-wall, double-bottom, or single-wall construction, featuring vacuum monitoring or closed secondary containment leak detection systems, ranging from 227 L to 13,620 L). Tank capacities span from 150 Imp. gal (residential) to 3,000 Imp. gal (commercial), and all products are backed by warranties up to 30 years. The full range is complemented by a comprehensive accessories line including filters, gauges, valves, and monitoring systems.

Differentiator

Problem solved

Functional benefit

Brands

• Conforto: Canadian brand specializing in residential heating and comfort solutions including electric and oil furnaces, cast iron boilers, condensing wall-hung boilers, electric boilers, panel radiators, towel warmers, and heat pumps.
• EcoGard
• Highland Tank
• Granby Composites

Products and services

• 13,235 L (3,000 Imp. Gal.) Steel Tank for Flammable and Combustible Liquids Newly launched large-capacity commercial steel aboveground storage tank for flammable and combustible liquids, ULC S601 certified and biofuel compatible, complementing the existing commercial tank portfolio up to 3,000 Imp. gal. and designed for demanding commercial and industrial applications.
• EcoGard Double-Bottom Oil Tank Residential steel double-bottom oil tank with visual leak detection via interstitial space, designed for liquid fuel storage in residential applications. Capacities 680-1,135 L (150-250 Imp. gal). ULC-S602 certified with up to 25-year warranty.
• Fiberglass Horizontal Single-Wall Oil Tank Residential single-wall fiberglass oil tank in horizontal orientation for low-profile installations in garages and basements. UL-ULC-2258 certified, compatible with up to 100% biocombustible liquids. Up to 30-year warranty.
• Fiberglass Vertical Single-Wall Oil Tank Residential single-wall fiberglass oil tank in vertical orientation. UL-ULC-2258 certified for combustible liquids and lubricating oils. Capacities 682-1,137 L.
• Fiberglass Vertical Double-Wall Oil Tank Residential double-wall fiberglass oil tank in vertical orientation for enhanced leak protection. Capacities 909-1,137 L (200-250 Imp. gal).
• Fiberglass Day Tank ULC-2258 Fiberglass day tank for storing fuel for diesel generators, providing extended-run fuel supply. Double-wall with automatic leak detection. Certified ULC-2258. 50% lighter than steel tanks. 20-year warranty.
• 2-in-1 Double-Wall Oil Tank Polyethylene double-wall residential oil tank combining two tanks in one unit for space-efficient fuel storage. Capacities 720-1,000 L (158-220 Imp. gal).
• Stationary Double Wall On Legs, ULC-S601 Commercial steel double-wall stationary tank on legs for flammable and combustible liquids. ULC-S601 certified. Capacities from 2,275 L to 13,620 L (500-3,000 Imp. gal). Features vacuum monitoring or closed secondary containment leak detection.
• Stationary Double Wall On Legs Closed Secondary Containment, ULC-S602 Commercial steel double-wall horizontal tank on legs with closed secondary containment for combustible liquids and lubricating oils. ULC-S602 certified. Capacities 227-2,275 L (50-500 Imp. gal). 10-year warranty.
• Stationary Double Wall Vertical Closed Secondary Containment, ULC-S602 Commercial steel double-wall vertical tank with mechanical float leak detection in compact footprint. ULC-S602 certified. Capacities 227-2,275 L (50-500 Imp. gal).
• Stationary Double Wall Vertical Vacuum Monitored, ULC-S602 Commercial steel double-wall vertical tank with vacuum monitoring for constant interstitial integrity monitoring. ULC-S602 certified. Capacities 227-2,275 L (50-500 Imp. gal).
• Stationary Double Wall Horizontal, ULC-S652 Commercial steel double-wall horizontal tank for used oil collection, storage, and removal. ULC-S652 certified. Vacuum-monitored. Capacities 1,360-4,550 L (300-1,000 Imp. gal).
• Utility Double Bottom On Skids Closed Secondary Containment, ULC-S601 Commercial steel double-bottom utility tank on skids with closed secondary containment for flammable and combustible liquids. ULC-S601 certified. Capacities 570-4,550 L (125-1,000 Imp. gal).
• Utility Double Bottom On Legs Closed Secondary Containment, ULC-S601 Commercial steel double-bottom utility tank on legs with closed secondary containment for flammable and combustible liquids. ULC-S601 certified. Capacities 1,360-4,550 L (300-1,000 Imp. gal).
• Utility Double Wall On Skids Vacuum Monitored, ULC-S601 Commercial steel double-wall utility tank on skids with vacuum monitoring for leak detection. ULC-S601 certified. Capacities 570-4,550 L (125-1,000 Imp. gal).
• Utility Double Wall On Legs Vacuum Monitored, ULC-S601 Commercial steel double-wall utility tank on legs with vacuum monitoring for leak detection. ULC-S601 certified. Capacities 570-4,550 L (125-1,000 Imp. gal).
• Utility Single Wall On Skids, ULC-S601 Commercial steel single-wall utility tank on skids for flammable and combustible liquids. ULC-S601 certified. Capacities 570-4,550 L (125-1,000 Imp. gal).
• Utility Single Wall On Legs, ULC-S601 Commercial steel single-wall utility tank on legs for flammable and combustible liquids. ULC-S601 certified. Capacity 570 L (125 Imp. gal).
• Tank Accessories Full range of oil tank accessories including quick-fill fittings, vent caps, vent alarms, gauges, oil filters, oil deaerators, braided hoses, overfill prevention valves, emergency vents, leak detectors, and installation kits. Sold alongside Granby storage tanks through the authorized distributor network.

Quantifiable outcome

• +20% increase in storage capacity at Cowansville distribution center
• +4 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Scale indicators7 records

Recent moves5 records

Expansion highlights5 records

Emerging players

• Snyder Industries: Manufacturer of polyethylene and cross-linked poly storage tanks for industrial, chemical, and agricultural liquid storage. Comparable in bulk liquid storage and OEM/distributor go-to-market, though different material (plastic vs. steel/fiberglass).
• Assmann GmbH: German manufacturer of stainless steel and plastic storage tanks for industrial liquids. Comparable in industrial liquid storage manufacturing, though primarily serves European markets rather than North America.
• Kennedy Tank & Manufacturing: US steel tank fabricator producing aboveground and underground storage tanks per UL-142 and STI standards. Comparable in custom steel tank fabrication for industrial and commercial fuel storage.

Direct peers

• Containment Solutions, Inc. US-based manufacturer of fiberglass and steel underground and aboveground storage tanks for fuel, water, and wastewater. Directly comparable product portfolio (fiberglass, double-wall, ULC/UL-certified) and overlapping commercial/industrial customer base.
• Highland Tank: Manufacturer of steel aboveground and underground storage tanks serving residential, commercial, and industrial markets in the US. A co-subsidiary of TerraVest Industries alongside Granby; product lines (UL-142 tanks, oil-water separators) directly overlap with Granby's commercial portfolio.
• ZCL Composites: Canadian manufacturer of fiberglass reinforced plastic (FRP) storage tanks for petroleum, water, and industrial applications. Closest Canadian peer with overlapping ULC certifications and energy/industrial customer base.
• Xerxes Corporation (a division of Shawcor): Manufacturer of fiberglass underground and aboveground storage tanks for fuel and water applications. Comparable in fiberglass tank technology and regulatory certifications serving similar commercial and industrial customers.
• ConVault: Manufacturer of concrete-encased, secondary-contained aboveground storage tanks for fuel and combustible liquids. Directly comparable in commercial/industrial aboveground fuel storage with code-driven specifications.

Broad incumbents

• NOV (National Oilwell Varco): Global broad-line energy equipment manufacturer serving oil & gas, including storage and containment equipment for upstream and midstream applications. Much larger portfolio but overlaps in industrial fuel/liquid storage equipment.
• Brugg Pipes / Brugg Group: Swiss industrial group manufacturing double-wall piping systems and tank solutions for fuel and chemical storage. Adjacent in fuel storage infrastructure with overlapping commercial/industrial specifications and codes.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/granby-industries

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries8 records

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 Granby Industries