NATIONAL (March 11, 2022) — TerraVest Industries Inc. and Mississippi Tank and Manufacturing Co. have announced the two companies are joining forces as LPG and compressed gas manufacturers of storage tanks, transports and bobtails, as well as providers of repair, service, and supply centers across North America.
Celebrating its 77th year in business, Mississippi Tank has been a mainstay in the LPG equipment manufacturing business since its inception.
“With a primary manufacturing facility in Hattiesburg, Mississippi, an assembly facility in Vincennes, Indiana, and MTankCo Supply in Southaven, Mississippi, they are a seamless fit to the existing network of TerraVest Industries’ operations. This acquisition furthers the ability to truly provide a 'One Source, Many Solutions' approach for our customers,” said Mitch DeBelser, president of TerraVest Industries Compressed Gas Division.
The addition of three locations through the acquisition of Mississippi Tank will bolster the TerraVest Industries geographic coverage, increasing the access points by which customers can obtain TerraVest Industries and Mississippi Tank products and services. MTankCo Supply will become an important part of TerraVest Industries’ overall supply chain.
“We want our long-term and loyal customers to know Mississippi Tank will continue to provide excellent service and high-quality products just as we always have. Additionally, we will continue to be managed and operated independently by the current management team in place. A big benefit to our customers will be that with the help of TerraVest Industries, we’ll have the benefit of added manufacturing scale and resources to further enhance our competitiveness. There will also be an increase in new products we’ll now be able to offer while maintaining the products our customers are used to purchasing from us,” said Bobby Threatt , executive vice president at Mississippi Tank.
