TerraVest Industries acquires assets of Countryside Tank Co.

October 2, 2019 By    

TerraVest Industries Inc. acquired the assets of Iowa Steel Fabrication, which does business as Countryside Tank Co. and Majona Steel Corp.

Countryside Tank is an Iowa-based company primarily focused on manufacturing transportation equipment for the propane and anhydrous ammonia markets, as well as structural steel projects.

TerraVest is a manufacturer of propane, home heating products, anhydrous ammonia and natural gas liquids transport vehicles and storage vessels, energy processing equipment and fiberglass storage tanks. Signature Truck Systems and Fischer Tanks are two of the company’s brands.

“Countryside Tank is a leading manufacturer of propane and anhydrous ammonia trailers for the U.S. market. The addition of the company enhances TerraVest’s propane and NH3 trailer offering in the U.S. as well as the scope of services offered in the Midwest,” says Dustin Haw, CEO of TerraVest. “Countryside Tank will play a part in TerraVest’s overall effort to maximize product and service capabilities to customers across North America.”

TerraVest says it will acquire Countryside Tank using existing cash and credit facilities.

*Featured image: iStock.com/designer491

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About the Author:

Joe McCarthy was an associate editor at LP Gas Magazine.

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