Tank Builders

What Tank Builders does

Tank Builders, Inc., headquartered in Fort Worth, Texas, is a privately held, family-owned field-erected welded steel tank contractor founded in 1972 by Bill Goodfellow and E.L. Derr. The company designs, engineers, fabricates, erects, and repairs storage tanks compliant with API 650, API 620, API 653, AWWA D100-D102, NFPA 22, and NSF 61 standards. Operations are supported by three Texas fabrication shops (Fort Worth/Euless and Baird) and serve industrial customers in oil & gas, chemical, and process storage, alongside municipalities, water districts, and utility districts requiring potable water and fire suppression tanks across the Southwest, Gulf Coast, Rocky Mountains, and Central United States.

Core products and technology center on welded steel tank construction under multiple industry codes — API 650 storage tanks (with internal and external floating roof options), API 620 low-pressure storage tanks, API 12D pre-designed tanks from 1,000 to 10,000 BBLs, API 653 inspection and repair services, AWWA D100 water storage tanks in multiple roof configurations, silos and hoppers for dry bulk storage, fire suppression tanks, and custom plate fabrication. The technical differentiator is deep domain specialization across these specifications rather than proprietary technology. Repair and retrofit work forms the recurring-revenue backbone, while new construction drives larger project-based bookings.

Tank Builders operates a direct-to-customer project services business model. Pricing is custom-quoted per specification and project scope (not publicly disclosed), and revenue streams are split between one-time new tank construction projects and ongoing tank repair/maintenance services under API 653 compliance. The go-to-market is relationship-driven: phone sales (817-510-0160), website inquiry form, and minimal organic social presence on Facebook and LinkedIn — no inbound marketing, paid acquisition, or channel partners. Customer engagement is described as multi-decade, with the company positioning itself as a 'lifetime business partner' for municipal and large industrial accounts. The firm maintains a referral relationship with sister company Tank & Vessel Builders, LLC (shared President/CEO Kent Kromer) for higher-pressure ASME Code Vessel work outside API 620 scope.

Name

Tank Builders

Legal name

Tank Builders, Inc.

Website

https://tankbuildersinc.com

Company type

Private

Founded year

1972

Operating status

Operating

Headcount range

101–250 employees

Short description

Tank Builders, Inc. is a Texas-based, family-owned field-erected welded steel tank contractor founded in 1972, designing, fabricating, and erecting API- and AWWA-compliant storage tanks and repair services for industrial and municipal customers across the Southwest, Gulf Coast, Rocky Mountains, and Central United States.

Ownership category

akta.pro rank

Product category

Storage Tank Construction and Repair Services

NAICS

Boiler, Tank, and Shipping Container Manufacturing (3324), Metal Tank (Heavy Gauge) Manufacturing (332420), Water and Sewer Line and Related Structures Construction (237110)

SIC

Heavy Construction Other Than Bldg Const - Contractors (1600), Fabricated Plate Work (Boiler Shops) (3443), Water, Sewer, Pipeline, Comm & Power Line Construction (1623)

akta.pro primary industry

Refined Products Tank Farms & Terminals (TLAGAKAB)

akta.pro secondary industry

Chemical Tank Farms & Bulk Liquid Chemical Storage (TLALAHAH)

Keywords

• Welded steel tank fabrication
• Field erected storage tanks
• API 650 tank construction
• AWWA D100 water tanks
• Industrial tank repair services

Headquarters

HQ city

Euless

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Tank Construction Services: Project-based field erection of welded steel storage tanks for industrial and water/wastewater applications. Services include design, engineering, fabrication, erection, and commissioning of new tank systems.
2. Tank Repair and Maintenance: Repair and retrofit services for existing tanks including API 653 compliance repairs, floor replacement, IFR upgrades, and structural modifications.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Tank Builders is a field-erected tank contractor that designs, engineers, fabricates, erects, and repairs welded steel storage tanks for industrial (petroleum, chemical, process) and municipal water/wastewater applications. Service offerings cover new tank construction to API 650, API 620, API 12D, and AWWA D100 standards, plus API 653 repair, alteration, and compliance retrofit work for existing tanks. Operations are supported by three fabrication shops located throughout Texas serving customers across the Southwest, Gulf Coast, Rocky Mountains, and Central United States.

Product overview

Tank Builders is a field erected tank contractor offering a unified portfolio of tank design, engineering, fabrication, erection, and repair services for welded steel storage tanks. The company operates two primary product lines: Industrial Tanks (API 650, API 620, API 12D, API 653 repair, Silos & Hoppers, and Fire Suppression Tanks) and Water Tanks (AWWA D100 compliant designs including standard cone, self-supported cone roof, umbrella, flat bar, and standpipes configurations). Additionally, Custom Plate Fabrication services complement the tank offerings. Founded in 1972, the company serves the Southwest, Gulf Coast, Rocky Mountains, and Central United States from its Dallas Fort Worth headquarters with three fabrication shops throughout Texas.

Differentiator

Problem solved

Functional benefit

Products and services

• API 650 Storage Tanks Field-erected welded steel storage tanks built to API 650 standards for oil & gas and industrial applications, available with internal floating roof (aluminum, steel pan, pontoon, double deck) and external floating roof configurations.
• API 620 Low Pressure Storage Tanks Low pressure storage tanks designed and constructed to API 620 standards for industrial applications requiring higher pressure tolerances than API 650 tanks.
• API 12D Pre-Designed Tanks Pre-designed tank solutions ranging from 1,000 BBLs to 10,000 BBLs providing a lower-cost option for industrial storage needs while delivering API 12D compliance.
• API 653 Tank Repair Services Repair and alteration services covering floor repair and replacement, internal floating roof demolition and replacement, structural repair, and installation of new roofs to bring existing tanks into API 653 compliance.
• AWWA D100 Water Storage Tanks Welded steel water storage tanks built to AWWA D100 standards for municipal and water district customers, available in standard cone, self-supported cone roof (≤25' diameter), self-supported seal welded umbrella (≤75' diameter), seal welded flat bar (>75' diameter), and standpipe configurations, with internal and external coatings meeting NSF 61.
• Silos and Hoppers Custom-fabricated industrial silos and hoppers for dry bulk product storage applications in industrial settings.
• Fire Suppression Tanks Custom-built tanks designed for fire suppression systems in large industrial complexes, built to NFPA 22 standards for water storage in private fire protection systems.
• Custom Plate Fabrication Custom plate fabrication services for specialized industrial applications and tank components requiring non-standard sizing, unique configurations, or bespoke manufacturing.

Quantifiable outcome

• 100-year tank life cycles for welded steel construction versus shorter lifecycles for non-welded alternatives
• +1 more outcomes

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

One partnership is on record.

• Tank & Vessel Builders, LLCOthersSister company operated by the same leadership (President/CEO Kent Kromer). Tank & Vessel Builders, LLC handles ASME Code Vessels for higher pressure applications. TBI refers customers to Tank & Vessel Builders when API 620 pressure ratings are insufficient and ASME certification is required.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Emerging players

• Thompson Pipe Group: Thompson Pipe Group manufactures steel pipe and pressure infrastructure for water, wastewater, and industrial markets. Adjacent peer to Tank Builders on water/wastewater steel infrastructure projects.

Broad incumbents

• Chicago Bridge & Iron (CB&I): CB&I is the historical global leader in field-erected welded storage tanks and now operates as the storage solutions business of McDermott. It competes directly with Tank Builders on large industrial and municipal tank projects but serves a much broader global portfolio.

Direct peers

• Matrix Service Company: Matrix Service Company (NASDAQ: MTRX) is a direct peer that designs, fabricates, and constructs above-ground storage tanks and specialty vessels for the oil & gas, power, and industrial markets. Highly comparable to Tank Builders' API 650/620 industrial tank business, with overlapping customer base and project delivery model.
• Phoenix Fabricators & Erectors: Phoenix Fabricators & Erectors is a direct peer field-erected tank contractor serving industrial and municipal customers across API 650, AWWA D100, and related standards. Mirrors Tank Builders' project-based design-fabricate-erect model.
• Welded Construction, L.P. Welded Construction is a direct peer providing engineered field-erected tank construction for industrial and municipal markets. Comparable project-based delivery model and standards-based qualifications.
• Fisher Tank Company: Fisher Tank Company is a direct peer providing welded steel tank construction and repair for petroleum, chemical, and water applications. Comparable on API 650/653 repair services and AWWA water storage work.
• Caldwell Tanks: Caldwell Tanks is a direct peer specializing in AWWA D100 water storage tanks, including elevated and ground storage tanks for municipalities and water districts. Highly comparable to Tank Builders' municipal water segment on the same standards (AWWA D100).
• Superior Tank Company: Superior Tank Company manufactures and installs bolted and welded steel tanks for industrial, petroleum, and water customers. Overlaps with Tank Builders on AWWA D100 water storage and API industrial tanks.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/tankbuildersinc
• Xx.com/tankbuildersinc
• LinkedInlinkedin.com/company/tank-builders-inc-

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 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 Tank Builders