Ellett Industries

What Ellett Industries does

Ellett Industries Ltd., operating as Axton-Ellett since its 2017 acquisition by NORAM Group of Companies, is a Canadian custom fabricator of corrosion-resistant process equipment founded in 1921 in British Columbia. The company designs and manufactures nine core product lines — shell & tube heat exchangers, towers, crystallizers, pressure vessels, reactors, evaporators, air-cooled heat exchangers, tanks, and miscellaneous industrial components — using high-performance alloys including titanium, zirconium, nickel alloys, Hastelloy, Monel, Duplex stainless steel, Ferralium, and stainless and carbon steel. A distinctive technical capability is explosively cladding zirconium 702 to carbon steel for reactor vessels, combining corrosion resistance with cost efficiency. Fabrication is performed to ASME Section I and VIII Div 1, ASME B31.1 and B31.3, TEMA, API 660/661/620/650, NBIC, and People's Republic of China pressure vessel code requirements, with AS9100D/ISO 9001:2015 quality certification.

Ellett/Axton-Ellett serves enterprise customers in chemical processing, petrochemical, oil & gas, synthetic oil, fertilizer, pulp & paper, water treatment, mining, food & beverage, brewing & distilling, and pharmaceutical industries. Named enterprise customers include Dow Chemical, DuPont, Eastman Chemical, ExxonMobil, Air Products, and Molson Coors. The company operates from a manufacturing facility at 441 Derwent Place, Annacis Business Park, Delta, British Columbia, with head office in Vancouver, B.C. via its parent NORAM Engineering & Constructors Ltd. Products ship globally via train, truck, barge, and ocean vessel to customers in Canada, the United States, China, Chile, Kuwait, Jordan, Australia, and Thailand.

The business model is project-based, one-time custom equipment sales with no public pricing. Revenue is generated through direct enterprise field sales — VP Sales Bob Gill is the named contact — with no distributor or reseller network. The go-to-market relies on industry relationships, technical reputation, and customer referrals rather than digital marketing. Marketing is minimal: there is no active blog, no social media engagement beyond a dormant Facebook page, and no content marketing. The full project lifecycle is delivered in-house, from consultation and engineering design through fabrication, shipping, and installation support.

Name

Ellett Industries

Legal name

Ellett Industries Ltd.

Website

https://ellett.ca

Company type

Private

Founded year

1921

Operating status

Operating

Headcount range

1–10 employees

Short description

Ellett Industries (Axton-Ellett) is a Canadian custom fabricator, founded in 1921, designing and manufacturing corrosion-resistant process equipment — heat exchangers, pressure vessels, towers, reactors, and tanks — from titanium, zirconium, and nickel alloys for enterprise customers in chemical, petrochemical, oil & gas, and process industries worldwide.

Ownership category

akta.pro rank

Headquarters

HQ city

Port Coquitlam

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Technology or R&D

Revenue model

1. Custom Process Equipment Manufacturing: Design and fabrication of custom high-performance alloy process equipment including heat exchangers, pressure vessels, towers, reactors, crystallizers, evaporators, and tanks. Revenue is generated through project-based orders with custom engineering and fabrication services. Equipment is sold globally to chemical, petrochemical, oil & gas, and process industries.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Ellett Industries is a custom fabricator of corrosion-resistant process equipment manufactured from high-performance alloys including Titanium, Zirconium, Nickel Alloys, and Stainless Steels. The company designs, engineers, and fabricates specialized equipment such as heat exchangers, pressure vessels, reactors, towers, crystallizers, and tanks for chemical, petrochemical, oil & gas, fertilizer, pulp & paper, water treatment, mining, and pharmaceutical processing facilities. It now operates as Axton-Ellett following acquisition by the NORAM Group.

Product overview

Axton-Ellett is a custom fabrication company manufacturing corrosion-resistant process equipment. The product portfolio consists of nine core product lines: Shell & Tube Heat Exchangers, Towers, Crystallizers, Pressure Vessels, Reactors, Evaporators, Air-Cooled Heat Exchangers, Tanks, and Miscellaneous Industrial Components. These products share a common focus on high-performance alloy fabrication using Titanium, Zirconium, Nickel Alloys, and Stainless Steels, serving chemical processing, petrochemical, oil & gas, and other process industries. The company offers consultation, engineering, and fabrication services from initial design through shipping and installation.

Differentiator

Problem solved

Functional benefit

Products and services

• Shell & Tube Heat Exchangers Custom-fabricated shell and tube heat exchangers built to TEMA standards in titanium, zirconium, nickel alloys, and stainless steels for chemical, petrochemical, and oil & gas process plants.
• Process Towers Custom-fabricated process towers in corrosion-resistant alloys used in chemical and petrochemical processing facilities.
• Crystallizers Custom-built crystallizers for industrial crystallization processes, fabricated from high-performance alloys to handle corrosive service.
• Pressure Vessels ASME-coded custom pressure vessels fabricated in titanium, zirconium, nickel alloys, and stainless steels for regulated industrial service.
• Reactors Custom reactors fabricated from corrosion-resistant alloys for chemical processing applications.
• Evaporators Custom-fabricated evaporators in high-performance alloys used in chemical, fertilizer, and water treatment process plants.
• Air-Cooled Heat Exchangers Custom air-cooled heat exchangers fabricated from corrosion-resistant alloys for use where water cooling is unavailable or undesirable.
• Industrial Tanks Custom tanks fabricated to API 650/653 standards in stainless steel and high-performance alloys for chemical, petrochemical, and process industry storage.
• Miscellaneous Industrial Components Custom-fabricated ancillary industrial components built from corrosion-resistant alloys to support broader process equipment installations.

Named customers7 records

Segments8 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• NORAM Engineering & Constructors Ltd.coreStrategic or Co-development Partner · 18 May 2017On May 18, 2017, Ellett Industries Ltd. assets were acquired by NORAM Group of companies. The new business unit Axton-Ellett is wholly owned by NORAM Engineering & Constructors Ltd. The acquisition combined the complementary skills of Axton Inc. (40 years of high-quality pressure vessel and heat exchanger fabrication) and Ellett Industries (95+ years of specialized high-alloy fabrication expertise), creating a fabrication business unit with required strengths to compete globally.

Scale indicators3 records

Recent moves5 records

Expansion highlights3 records

Direct peers

• API Heat Transfer: Manufacturer of heat exchangers, coils, and thermal management equipment for chemical, petrochemical, and industrial process markets. Offers overlapping shell & tube and air-cooled product portfolios with similar engineering and fabrication model.
• SPX Heat Transfer (SPX Technologies): Designs and manufactures heat exchangers and air-cooled exchangers for petrochemical, refining, and power applications. Comparable to Ellett in air-cooled and shell & tube exchanger product lines serving similar enterprise customers.
• Joseph Oat Corporation: US specialty fabricator of high-alloy pressure vessels, heat exchangers, reactors, and columns in titanium, zirconium, and corrosion-resistant alloys. Direct niche peer in custom alloy fabrication for chemical and process industries.
• Nooter/Eriksen: Custom fabricator of heat recovery steam generators, heat exchangers, and process equipment for refinery, petrochemical, and chemical clients. Comparable custom fabrication model with similar ASME code qualifications and process industry focus.
• Hamon Group: Belgian-based specialist in heat exchangers, air-cooled exchangers, and cooling towers serving power, petrochemical, and process industries. Directly competes in the same heat exchanger and air-cooled exchanger product lines as Ellett.
• Holtec International: Engineered-to-order manufacturer of heat exchangers, pressure vessels, and heavy industrial equipment for chemical, petrochemical, and nuclear markets. Direct competitor in custom high-alloy fabrication with comparable ASME code capabilities.

Broad incumbents

• Alfa Laval: Global leader in heat exchangers, separators, and fluid handling for chemical, petrochemical, and process industries. Closest large-scale incumbent to Ellett's shell & tube heat exchanger and pressure vessel lines, with much broader product breadth.
• GEA Group: Large-scale process equipment manufacturer serving food, dairy, chemical, and pharmaceutical industries with heat exchangers, separators, and process vessels. Broad incumbent with adjacent product overlap in heat exchange and process vessels.
• Chart Industries: Global specialist in cryogenic and thermal processing equipment serving chemical, petrochemical, and energy end markets. Overlaps with Ellett on pressure vessels and heat transfer equipment, with broader scope into cryogenics and LNG.
• Babcock & Wilcox (B&W): Long-established fabricator of boilers, heat exchangers, and pressure vessels with ASME Section I expertise analogous to Ellett's. Broad incumbent serving power and process industries with overlapping pressure vessel and heat exchanger capabilities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/pages/Ellett-Industries-Ltd/169495519769935
• LinkedInlinkedin.com/company/corwest-fabrications

Compliance11 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Ellett Industries