Acquisition Growth The recent acquisition of Highland Tank by TerraVest Capital Inc for $78 million indicates a strategic expansion, opening opportunities for sales partnerships, integrated product offerings, and joint marketing initiatives targeting equipment upgrades and new project implementations.
Diversified Product Offerings Highland Tank's expansion into specialized products like the CSI specs for Fireguard tanks and the launch of innovative solutions such as the HM-100-93 grease interceptor demonstrate their focus on meeting niche industry needs, suggesting opportunities for customized solutions and system integrations.
Market Presence With a substantial revenue range of $100 million to $250 million and a broad industry footprint in oil and gas storage solutions, Highland Tank presents a promising target for clients seeking reliable, American-crafted steel tank solutions, especially for large-scale or complex storage projects.
Technological Capabilities The use of advanced design and development tools like AutoCAD and electrical software underscores Highland Tank’s commitment to quality engineering and design precision, offering opportunities for technology-driven product customization and collaborative engineering projects.
Industry Stability Having a long-standing history since 1946 and a skilled workforce, Highland Tank demonstrates stability and expertise in the steel tank industry, making it a dependable partner for ongoing maintenance, upgrades, and new storage tank systems amid evolving industry standards and environmental regulations.