MAG Capital Partners Expands Hughes Tank Company's Facility
Exciting developments are taking place as MAG Capital Partners, LLC, proudly announces the completion of a significant expansion for Hughes Tank Company. This expansion involves a state-of-the-art 48,000-square-foot facility that greatly enhances manufacturing and painting capabilities. With the acquisition, the total operational space now stands at 140,110 square feet. This facility expansion marks a substantial improvement in production capacity and product diversity.
Boosting Manufacturing and Product Lines
The newly expanded facility allows Hughes Tank Company to significantly increase its output and introduce innovative product lines. Known for their commitment to quality and efficiency, Hughes Tank specializes in manufacturing high-standard fuel storage tanks tailored for above-ground and underground use across various industries. Their product range includes solutions for petroleum, agriculture, and data storage facilities that require reliable backup power generation.
Innovative Tank Options and Accessories
Hughes Tank offers a comprehensive selection of single-wall and double-wall tank options such as UL 142, ACT-100-U, Fireguard, and Flameshield tanks. Additionally, they provide essential accessories and tailored storage solutions to meet unique customer specifications. This dedication to customer satisfaction has established Hughes Tank as a leader in the storage tank industry.
Investment in Quality and Safety
According to Randy Gonzalez, CEO of Hughes Tank, the company has made significant investments aimed at enhancing manufacturing capabilities while upholding the highest standards of product quality and safety. The newly expanded facility incorporates advanced welding technology that not only improves precision but also increases production efficiency. Hughes Tank’s commitment to sustainability is evident through the use of automated cutting tables that minimize waste and promote environmentally friendly practices.
Commitment to Innovation
Co-founder Bobby Hughes emphasizes that innovation and the pursuit of high standards are at the core of Hughes Tank’s philosophy. The company continuously seeks to advance its manufacturing processes, ensuring that they not only meet but exceed industry benchmarks. For example, after recent hurricane events, Hughes Tank played a crucial role by shipping over 100 tanks, ranging in size from 500 to 4,000 gallons, to aid in emergency fuel storage needs in affected areas.
About Hughes Tank Company
Founded in 1989, Hughes Tank Company has evolved from building hand-welded tanks for local enterprises into a modern manufacturer of both above-ground and underground storage tanks. Their commitment to quality and reliability has earned them a stellar reputation across several sectors including agriculture, petrochemicals, and data storage.
About MAG Capital Partners
MAG Capital Partners focuses on strategically investing in U.S.-operating companies and net-leased industrial properties. Their approach emphasizes collaboration with management teams to foster growth and operational excellence across their portfolio.
Frequently Asked Questions
What is the purpose of the new facility expansion?
The expansion aims to significantly increase manufacturing capacity and introduce a wider range of products for Hughes Tank Company.
What types of tanks does Hughes Tank Company produce?
Hughes Tank manufactures various fuel storage solutions, including UL 142, ACT-100-U, Fireguard, and Flameshield tanks, suitable for diverse industries.
How does Hughes Tank ensure product quality?
The company invests in advanced technology and rigorous quality control processes to maintain high safety and performance standards in their products.
What initiatives does Hughes Tank have for sustainability?
Hughes Tank employs automated cutting processes that reduce waste and focuses on innovative manufacturing practices that promote sustainability.
How did Hughes Tank respond to hurricane relief efforts?
After recent hurricanes, Hughes Tank contributed by shipping over 100 tanks for emergency fuel storage to support affected regions in need.
