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Preload

Designs and builds prestressed concrete tanks

Overview

Preload designs and builds wire-wound prestressed concrete tanks for water storage, wastewater, LNG and related infrastructure worldwide. It uses high-strength steel wire embedded in concrete walls to place the structure under permanent compression, making tanks sturdier and less prone to cracking. It differentiates itself by pioneering prestressed concrete tank design since the 1930s and now offering a full suite of features like sliding base joints and seismic design, plus the ability to deliver both steel and concrete solutions through its Caldwell Tanks affiliation. Its goal is to provide durable, low-maintenance storage tanks and related infrastructure at scale to support safe water and energy storage globally.

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About Preload

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

Industries

Industrial & ManufacturingEnergy

Company Size

51-200

Company Stage

N/A

Total Funding

N/A

Headquarters

Louisville, KY

Founded

1930

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Simplify's take

What believers are saying

  • Preload won Shreveport’s 2026 Concrete Decision Award after completing the SSO tank in March 2025.
  • Power LNG picked Cashman Preload Cryogenics in November 2026 for Project Seawolf.
  • Preload’s updated project portfolio shows active demand across water storage and industrial tanks nationwide.

What critics are saying

  • Municipal project delays from weather and permitting can stretch revenue recognition beyond 2028.
  • Project Seawolf concentrates LNG growth on one large contract; cancellation would hit cryogenic momentum.
  • Steel tank competitors undercut bids on price, compressing margins and threatening Preload’s premium niche.

What makes Preload unique

  • Preload and Caldwell offer steel and prestressed concrete tanks under one ownership umbrella.
  • Preload’s 90-year track record spans water, wastewater, LNG, LPG, and ammonia tanks.
  • Its wire-wound prestressed concrete design reduces cracking and maintenance versus conventional tank construction.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • 401(k) Company Match

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