Tank Builders
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.
- Company typePrivate
- Founded1972
- HeadquartersEuless, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
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.
Tank Builders firmographics
Firmographics- 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
Tank Builders industry classification
Industry- 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
Where Tank Builders is headquartered
LocationHeadquarters
- HQ city
- Euless
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
Tank Builders business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- 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.
- 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
Tank Builders product offering
Product offeringCore 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
Companies that use Tank Builders
Customer profileSegments3 records
Ideal customer profiles2 records
Tank Builders technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature7 records
Tank Builders partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Tank & Vessel Builders, LLCSister 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
Tank Builders competitors and assessment
Company assessmentEmerging 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
Tank Builders social profiles
Digital presenceTank Builders compliance and trust
Trust signalCompliance6 records
Tank Builders financial estimates
Financial estimateRevenue estimate
Valuation estimate
Tank Builders leadership team
Management profileNumber of profiles
Profiles6 records
Tank Builders funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Tank Builders 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 Tank Builders
What does Tank Builders do?
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.
Is Tank Builders a public or private company?
Tank Builders is a private company. It is classified as family owned and is currently operating.
When was Tank Builders founded?
Tank Builders was founded in 1972. It employs 101 to 250 people.
Where is Tank Builders based?
Tank Builders is headquartered in Euless, United States, in the North America region.
How does Tank Builders make money?
Two revenue lines are on record. Tank Construction Services are the primary driver. The others are tank Repair and Maintenance.
Who are Tank Builders's main competitors?
Thompson Pipe Group is listed as an emerging player. Chicago Bridge & Iron (CB&I) is listed as a broad incumbent. Direct peers are Matrix Service Company, Phoenix Fabricators & Erectors, Welded Construction, L.P., Fisher Tank Company, Caldwell Tanks and Superior Tank Company.
Does Tank Builders have an API?
No public API is recorded for Tank Builders.
What industry is Tank Builders in?
Tank Builders's product category is Storage Tank Construction and Repair Services. Its primary akta.pro industry code is TLAGAKAB, Refined Products Tank Farms & Terminals, with a secondary code of TLALAHAH, Chemical Tank Farms & Bulk Liquid Chemical Storage. Its NAICS code is 3324 and its SIC code is 1600.