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HMT

Designs, builds, maintains aboveground storage tanks

Overview

HMT designs, builds, maintains, inspects, and repairs aboveground storage tanks for the energy industry. Its products—Internal and External Floating Roofs, Floating Roof Seals, and Aluminum Domes—are engineered to increase usable tank capacity, minimize residual product, improve safety, extend tank life, and reduce emissions and maintenance costs. Global deployment combines tailored engineering solutions with ongoing services, backed by a team of more than 1,200 professionals. Its goal is to help customers operate safer, longer-lasting tanks with lower emissions and better cost efficiency.

Significant Headcount Growth

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About HMT

Simplify's Rating
Why HMT is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

ConsultingHardwareIndustrial & ManufacturingEnergy

Company Size

501-1,000

Company Stage

N/A

Total Funding

N/A

Headquarters

The Woodlands, TX

Founded

1978

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Simplify's take

What believers are saying

  • HMT’s June 1, 2026 sustainability coverage reinforces demand for emissions-reduction retrofits.
  • Drone and robotics collaborations improve access, reduce confined-space exposure, and expand inspection revenue.
  • Regulatory pressure on AST compliance drives more roof, seal, dome, and maintenance projects.

What critics are saying

  • On October 19, 2026, Andersons and insurers sued HMT over a collapsed grain tank.
  • The complaint alleges defective 2018 welds, exposing HMT to damages, fees, and reputational damage.
  • If inspection quality slips again, HMT’s contractor-trust model weakens across energy and agriculture.

What makes HMT unique

  • HMT’s in-house engineering, lab testing, and API-certified inspectors shorten tank turnaround.
  • On May 27, 2026, HMT added drone and robotic inspection partnerships with Aero Velocity and Arix.
  • HMT sells integrated tank roofs, seals, domes, inspections, and repairs under one roof.

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Benefits

  • Health Insurance
  • 401(k) Retirement Plan
  • Remote Work Options
  • Paid Vacation
  • Paid Holidays
  • Flexible Work Hours
  • Hybrid Work Options
  • Family Planning Benefits
  • Fertility Treatment Support
  • Wellness Program
  • Mental Health Support
  • Conference Attendance Budget

Growth & Insights and Company News

6 month growth

12%

1 year growth

11%

2 year growth

11%
Yahoo Finance
Apr 26th, 2023
Hmt Llc Names Allie Alderson Director Of Sustainability

Leader in Energy Storage and Oil and Gas Environmental Solutions Advances ESG CommitmentHOUSTON, April 26, 2023 /PRNewswire/ -- HMT LLC, the global leader in above-ground storage tank solutions and a key resource for the oil and gas industry for emissions reduction and environmental solutions, has named Allie Alderson as Director of Sustainability, a new position.HMT LLC logo (PRNewsfoto/HMT LLC)Alderson, who has been at HMT for 13 years, most recently as General Manager of Domestic Product Sales, will direct HMT's ongoing and new sustainability programs, including those focused on the company's own operations and on how it serves customers and the industry overall. They include, but are not limited to, initiatives to make operations & manufacturing processes more energy efficient, educate on and reduce fugitive Scope 1 & Greenhouse Gas emissions of our customers, often by thousands of pounds per tank per year, and serve the communities in which the company operates."Given HMT's role providing critical, forward-thinking environmental solutions, the Director of Sustainability position requires a professional with a deep knowledge of and commitment to our business. The way we design, manufacture, and distribute products and services that mitigate the industry's environmental impact, making the storage of energy ever safer and more efficient, are the heart of this position. Allie Alderson is that person. In her successful tenure on the product and customer side, she has helped the industry understand and comply with regulations, educated on sustainability and environmentally focused legislation, and she has demonstrated clear leadership. Her impact on how we approach our own operations has been significant," said HMT CEO Veronique Trudeau.Said Alderson, "It's an honor to assume oversight of HMT's sustainability efforts and to work for a company that makes this a priority

PR Newswire
Mar 3rd, 2023
Hmt Llc Acquires Weld Spec, Inc.

Leader in Oil and Gas Storage Tank Solutions Expands Services and Capabilities with Acquisition of Leading Industrial Inspections ProviderHOUSTON and LUMBERTON, Texas, March 3, 2023 /PRNewswire/ -- HMT LLC, the global leader in above-ground storage tanks solutions and a key resource for oil and gas environmental solutions, has acquired Weld Spec, Inc., which provides inspection services to pipeline, refining, petrochemical, wind energy, manufacturing and other industries, both companies announced today.Weld Spec's services, which range from third-party inspection, non-destructive testing and mechanical and metallurgical lab testing to rope services and drone testing, will augment HMT's current sophisticated inspection offerings. Much like all of HMT's products and service offerings, Weld Spec's services can increase the safety, efficiency, and emissions reduction profiles of industrial operations."Not only do Weld Spec's services, expertise and capabilities complement HMT's, but the humanistic, employee-and integrity-focused cultures of the two companies are in sync. In our view, this is a one-plus-one-equals-three combination," said HMT Chief Executive Officer Veronique Trudeau. "It is exciting to be able to offer an expanded set of inspection capabilities to our terminal owner-operator customers, and for the Weld Spec team to be able to offer our comprehensive tank solutions to their customers.""We are very excited to be joining the HMT team," said Weld Spec CEO Rick Hardy. "The secret to our success has been our employees, so we are thrilled that the HMT culture mirrors ours and that our people will continue to benefit and thrive. We also look forward to being able to provide a full-service approach to our customers with inspection and repair services."Said John Hazel, HMT Vice President of Inspection, "The acquisition of Weld Spec will bring a complimentary offering to provide additional quality services to our combined existing customers and continue our long-lasting customer relationships

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