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Metsa Tanks reveals long-term investment package

May 5, 2023 By    
Metsa’s plans for facility expansion aim to improve throughput and product quality. (Photo courtesy of Metsa Tanks)

Metsa’s plans for facility expansion aim to improve throughput and product quality. (Photo courtesy of Metsa Tanks)

Robert Kenney

Kenney

In celebration of Metsa Tanks’ 40th anniversary, the company’s board of directors has authorized an investment package focusing on three primary goals.

Metsa says the package will help the company fulfill its mission of offering high-quality, safe propane tanks; enhance its employees’ quality of life; and meet customers’ ever-increasing demands.

According to Metsa, the investment package will include improvements to fabrication and paint lines, along with machinery upgrades and new facility installations, in Monterrey, Mexico. With the improvements, the company will streamline its material flows, thereby increasing its overall throughput and product quality.

“We will also be building new facilities for our expanding workforce while increasing production capacity too, allowing us to generate an additional 200 jobs for our community,” says Robert Kenney, CEO of Metsa. “As a result, our headcount will be 350 collaborators rather than 160.”

The facility expansion project will include cafeterias, offices and training areas, offering employees more space to work and socialize, leading to more camaraderie, idea generation and meaningful connections inside and outside of work, Metsa says.

Machinery upgrades are expected to enhance the durability, functionality and aesthetic qualities of Metsa’s tanks. (Photo courtesy of Metsa Tanks)

Machinery upgrades are expected to enhance the durability, functionality and aesthetic qualities of Metsa’s tanks. (Photo courtesy of Metsa Tanks)

Machinery upgrades will be critical as well, as the company’s investment in its current lineup of tanks will increase their durability and functionality while also improving their aesthetic qualities.

Metsa plans for the project to be completely operational by the end of 2025, with checkpoints reached this year and in 2024.

“Our priority is to continue to serve the propane industry and meet its demands,” Kenney says. “We also want to exceed our customers’ quality expectations and improve our collaborators’ quality of life – both at work and away from work – on a short- and long-term basis.”

The investment package, of an undisclosed amount, reflects Metsa Tanks’ overall growth the last 40 years. Humberto Garza founded the company in southeast Monterrey as a vertical integration solution for his family’s propane operation.

From there, the company began to commence other operations, which led to the development of small stationary tanks and cylinders. At the time, it employed only two workers and had one plate roller and one welding machine.

Metsa’s investment package will generate about 200 new jobs, boosting its employee count from 160 to 350. (Photo courtesy of Metsa Tanks)

Metsa’s investment package will generate about 200 new jobs, boosting its employee count from 160 to 350. (Photo courtesy of Metsa Tanks)

Over the years, the company has grown substantially. Since transitioning from a one-man operation to an organization with several employees, Metsa Tanks has become a key participant in the North American propane supply chain. Not only does it distribute tanks throughout the continent, but it also delivers them to customers overseas, now with a workforce that has steadily increased to 160 professionals.

“Our main focus, concerning our investments, is on propane-specific equipment,” Kenney says. “To ensure our customers, who are based all around the world, are taken care of, we will strive to continue to grow our offerings from within.”

While keeping its core values of improvement, excellence, safety and service in mind, the company has one more significant goal that it wants to achieve.

“We want to become the premier provider for propane tanks in North America, and we’re committed to achieving this goal in the short run,” Kenney says. “As we look ahead to the coming years, we want to thank all of our customers for allowing us to continue to serve them. And we’re excited to continue our journey together in the future.”

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2 Comments on "Metsa Tanks reveals long-term investment package"

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  1. Congratulations to Metsa Tank!
    Continuous improvements are key steps forward in this industry! Today, we are in the age of looking at “what is required for tomorrow” in many other companies like Metsa. Industrial IoT Technology is also a key part of the future!
    I invite this progressive company to look at other ways to capitalize on this investment.
    Our best wishes for a bright future!
    Remote Control Technology GmbH

  2. Robert, Congratulations on the announcement of the capital expansion/investment. You will have success, we are sure. Will see you in Palm Springs for the WPGA.