Acquisition Momentum TerraVest Capital Inc acquired Highland Tank LLC in November 2023, signaling a new ownership and access to broader distribution and financial resources. This creates sales opportunities through cross-sell with TerraVest’s portfolio (including LV Energy Services) and via integrated procurement and maintenance programs for oil and gas, refining, and industrial customers.

Digital Resources Highland Tank has built a strong digital engineering footprint, launching CSI specs for Fireguard tanks in 2022 and expanding its online spec database, plus a 2020 installation drawings library. This enables faster technical qualification of opportunities and can be leveraged for high-conversion outreach, engineering support services, and bundled equipment packages.

Product Diversification Product diversification is evident with the HM-100-93 100 GPM grease interceptor introduced in 2018, expanding beyond storage tanks into water and grease management. This opens cross-sell paths to municipalities and facilities needing integrated oil–water separation or wastewater handling equipment.

Strategic Partnerships Strategic asset acquisitions, including the 2022 acquisition of assets from Boyne Corporation, reinforce Highland Tank’s position as a consolidator in the steel tank and related equipment space. This can support channel partnerships, preferred supplier agreements, and extended service contracts with large commercial facilities across industries.

Regional Footprint Based in Stoystown, Pennsylvania, with a mid-size workforce and tens of millions in revenue, Highland Tank serves U.S. oil and gas and industrial markets with capabilities for on-site support and regional manufacturing. Opportunities exist to pursue regional supply agreements, aftermarket service, parts, and installation services to terminals, refineries, and water/wastewater facilities.