INDUSTRIAL PROPANE SERVICE INC

Name

INDUSTRIAL PROPANE SERVICE INC

Legal name

Industrial Propane Service, Inc.

Website

https://industrialpropaneservice.com

Company type

Private

Founded year

1968

Operating status

Operating

Headcount range

1–10 employees

Short description

Industrial Propane Service, Inc. (IPS) is a privately held, 7-employee turnkey systems integrator and equipment distributor founded in 1968 in Byron, Michigan, serving propane retailers, critical facilities, transportation fleets, and anhydrous ammonia operators across the U.S.

Ownership category

akta.pro rank

Product category

Propane Equipment Distribution and Systems Integration

NAICS

Refrigeration Equipment and Supplies Merchant Wholesalers (423740), Measuring, Dispensing, and Other Pumping Equipment Manufacturing (333914)

SIC

Wholesale-Industrial Machinery & Equipment (5084), Pumps & Pumping Equipment (3561)

akta.pro primary industry

Bulk Fuel, Propane & Energy Supply for Farms (Retailer-Operated) (AFABAJAL)

akta.pro secondary industry

Propane Pipeline Transportation (TLAGAEAD)

Keywords

• Propane equipment distribution
• Anhydrous ammonia systems
• Propane autogas dispensers
• Cylinder dispensing cabinets
• Propane truck and trailer service

Headquarters

HQ city

Byron

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Equipment Sales: Sale of propane equipment including valves, pumps, dispensers, and component systems. Products shipped from fully stocked distribution centers.
2. Truck and Trailer Service: New truck sales, truck modifications, and specialized truck solutions (B.O.S.S. Truck, Clear Vision Enclosures, crane trucks) for propane industry
3. Plant Service: Service offerings including Automatic Additive Injection Systems, Complete Component Systems, Cylinder Evacuation Systems, and Portable Gas Powered Pumps
4. Autogas Dispensing Systems: Propane autogas dispensers and dispensing systems for transportation industry
5. Financing Services: Financing options provided for truck purchases

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Industrial Propane Service, Inc. (IPS) is a full-service turnkey systems integrator and equipment provider serving the propane and anhydrous ammonia industries since 1968. The company distributes branded propane equipment (RegO, Blackmer, Liquid Controls, Worthington, Parker, Hannay Reels, Quality Steel) and offers proprietary plant service systems, cylinder dispensing cabinets, propane autogas dispensers, and truck and trailer solutions for propane delivery fleets.

Differentiator

Problem solved

Functional benefit

Products and services

• Cylinder Dispensing Cabinets A product family including the I-Skid cylinder dispensing skid, 6ft Walk-in Style Cabinet, and 4ft Cabinet for propane cylinder filling and dispensing operations. Targets propane retailers and distributors needing cylinder handling equipment.
• Automatic Additive Injection System Proprietary system designed to automatically inject additives into propane during plant operations. Targets propane plant operators.
• Complete Component Systems Integrated component systems for propane plant operations, supplied as turnkey packages. Targets propane plant operators and service providers.
• Cylinder Evacuation Systems Systems designed to evacuate propane from cylinders during plant service operations. Targets propane plant operators and cylinder service providers.
• Portable Gas Powered Pump A portable gas-powered pump designed for propane transfer operations in plant service applications. Targets propane plant operators and service technicians.
• Propane Autogas Dispensers Dispensing systems for propane autogas used as vehicle fuel. Targets fleet operators and transportation companies deploying alternative fuel infrastructure.
• New Trucks New propane delivery and service trucks offered to propane industry businesses. Targets propane retailers and distributors building delivery fleets.
• Clear Vision Enclosures Truck enclosures designed to provide improved visibility for propane delivery vehicles. Targets propane delivery fleet operators.
• B.O.S.S. Truck A brand-owned specialized service truck solution for the propane industry. Targets propane retailers needing purpose-built service vehicles.
• RegO Products Line Distribution of RegO branded propane equipment including valves and related components. Targets propane industry professionals requiring branded equipment.
• Blackmer Pumps Industrial pumps for propane transfer and handling applications, distributed by IPS as an authorized Blackmer distributor. Targets propane plant operators and transfer service providers.
• Propane Valves Valves specifically designed for propane gas handling, storage, and distribution systems. Targets propane plant operators and distributors.
• Truck Financing Services Financing options provided for truck purchases by propane industry customers. Targets propane retailers and distributors acquiring delivery vehicles.

Quantifiable outcome

• 300+ years combined technical experience in propane industry

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

15 partnerships are on record, tiered core, major and minor.

• RegOcoreTechnology or IntegrationTrusted brand partner featured prominently on website. IPS distributes RegO propane products including valves and related equipment for the propane industry.
• BlackmercoreChannel Partner/ Reseller/ DistributorOfficial Blackmer Pumps Distributor. Provides pumps for propane transfer and handling applications.
• Liquid ControlscoreChannel Partner/ Reseller/ DistributorFeatured brand partner providing flow measurement and control equipment for propane applications.
• Worthington EnterprisescoreChannel Partner/ Reseller/ DistributorTrusted brand partner providing propane tanks and related equipment.
• ParkermajorChannel Partner/ Reseller/ DistributorFeatured brand partner providing fluid and gas handling components.
• Hannay ReelsmajorChannel Partner/ Reseller/ DistributorFeatured brand partner for hose reels used in propane handling applications.
• Quality SteelmajorChannel Partner/ Reseller/ DistributorFeatured brand partner providing steel tanks and equipment for propane industry.
• EmpiremajorChannel Partner/ Reseller/ DistributorBrand partner providing propane equipment products.
• Red Seal MeasurementminorChannel Partner/ Reseller/ DistributorBrand partner providing measurement equipment for propane applications.
• Rochester Gauges, LLCminorChannel Partner/ Reseller/ DistributorBrand partner providing gauges for propane tanks and systems.
• Jomar ValveminorChannel Partner/ Reseller/ DistributorBrand partner providing valves for propane applications.
• Continental Industries, Inc.minorChannel Partner/ Reseller/ DistributorBrand partner providing connectors and fittings for propane systems.
• Hot DawgminorChannel Partner/ Reseller/ DistributorBrand partner providing heating solutions for propane applications.
• KlingersminorChannel Partner/ Reseller/ DistributorBrand partner providing fittings and connections for propane systems.
• L.B. WhiteminorChannel Partner/ Reseller/ DistributorBrand partner providing heating and drying equipment for propane.

Scale indicators3 records

Direct peers

• Ferrellgas Partners: Major US propane retailer and distributor with significant equipment and service operations serving residential, commercial, and agricultural customers — overlaps directly with IPS's propane industry customer base and equipment distribution model.
• Suburban Propane Partners: Large US propane marketer distributing propane gas and related equipment to residential, commercial, industrial, and agricultural customers — competes for the same propane retailer and end-user equipment relationships that IPS serves.
• Blue Rhino (Worthington): Propane tank exchange service operating a nationwide network of propane cylinder refilling stations under the Worthington umbrella — comparable end-market exposure to IPS's propane retailer and consumer-facing segments.

Broad incumbents

• AmeriGas Partners: Largest US propane retailer with national distribution and a broader product portfolio including propane tank exchange and equipment — provides a much larger scale incumbent benchmark against which IPS competes in the equipment supply niche.
• Manchester Tank & Equipment: Manufacturer of propane tanks, cylinders, and storage vessels for the LPG industry — comparable to IPS in serving propane retailers with branded tank and cylinder equipment.
• Worthington Enterprises: Producer of pressure cylinders (including propane tanks) and engineered products under brands like Blue Rhino — IPS is an authorized distributor for Worthington, and the company operates at a much larger scale in the same propane equipment category.
• OPW (Dover Fueling Solutions): Manufacturer of petroleum and propane equipment including valves, fittings, and dispensing systems — operates in the same propane equipment category where IPS distributes and integrates competing products.
• Cavagna Group: Global manufacturer of valves, regulators, and fittings for LPG, propane, and industrial gas applications — overlaps with IPS's propane valve and regulator distribution line and represents an upstream supplier competitor.
• PSG (Dover) - Blackmer: PSG Dover's Blackmer brand is a global manufacturer of pumps for LPG and industrial applications, including the propane transfer pumps that IPS distributes as an authorized partner — an upstream supplier with potential direct-to-customer competitive dynamics.

Others

• Engineered Controls International (RegO): Manufacturer of RegO propane valves, regulators, and accessories — IPS is a featured distributor for RegO products, making this an upstream supplier with direct product line overlap with IPS's propane equipment portfolio.

Market position

Customer concentration

• LinkedInlinkedin.com/company/industrial-propane-service-inc

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

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 INDUSTRIAL PROPANE SERVICE INC