Phillips Tank and Structure

Phillips Tank and Structure

Designs, fabricates, and constructs above-ground tanks

Overview

Phillips Tank & Structure designs, fabricates, and builds above-ground storage tanks and related steel and aluminum structures. The company handles design, fabrication, and construction as well as repair, following API 650, API 653, AWWA D100, and API 12D specifications. Its products work by combining engineering, skilled fabrication, and field construction to produce compliant tanks; projects are planned and executed by experienced estimators and project teams, ensuring quality and safety. PTS differentiates itself through multi-state licensing and bonding, a history of decades of estimating and delivering tank projects, and formal compliance credentials with ISNetworld, PEC Safety, and Veriforce networks; it is also the first specialty “Vessel Contractor” qualified in Virginia. The company aims to provide reliable, code-compliant storage tank construction and repair services across regions, with licensed, insured operations and ongoing licensing as needed to support client projects.

About Phillips Tank and Structure

Simplify's Rating
Why Phillips Tank and Structure is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Industrial & Manufacturing

Energy

Company Size

51-200

Company Stage

N/A

Total Funding

N/A

Headquarters

Braddock, North Dakota

Founded

2012

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Simplify's Take

What believers are saying

  • PTS is actively hiring welders and foremen in 2026, signaling backlog.
  • The Columbia, Kentucky fabrication shop adds capacity and a new regional operating base.
  • Active nationwide projects across petroleum, power, chemical, and renewable fuels diversify demand.

What critics are saying

  • PTS's field-work model depends on constant travel, exposing margins to project delays.
  • The Kentucky facility promised 20 jobs by December 2024; slippage damages incentive economics.
  • Reliance on refinery and industrial customers ties PTS to volatile capital-spending cycles.

What makes Phillips Tank and Structure unique

  • PTS specializes in API 650, API 653, AWWA D100, and API 12D tanks.
  • Phillips Infrastructure reached ENR Top 100 in 2026, strengthening PTS's project credibility.
  • PTS operates multi-state offices in Pennsylvania, Texas, Hawaii, Kentucky, and California.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Company Match

Company News

WHVE-92.7 The Wave
Sep 28th, 2023
Phillips Tank & Structure To Locate First Kentucky Facility in Adair County Creating 20 Full-Time Positions

FRANKFORT, Ky. (Sept. 28, 2023) - Today, Gov. Andy Beshear highlighted new economic growth coming to Adair County as Phillips Tank & Structure (PTS), a nationwide tank construction contractor, announced plans to build a $2.76 million fabrication shop that will create 20 new full-time jobs in the Columbia area.

The Lane Report
Sep 28th, 2023
Phillips Tank & Structure to locate first facility in Kentucky

COLUMBIA, Ky. - Phillips Tank & Structure (PTS), a nationwide tank construction contractor, announced plans to build a $2.76 million fabrication shop to create 20 new full-time jobs in the Columbia area.

The Fabricator
Sep 28th, 2023
Phillips Tank & Structure plans $2.76 million Kentucky facility

Phillips Tank & Structure plans $2.76 million kentucky facility.

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