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Thursday, 29 April 2010 17:38

Pro Tank Products Sets Business Expansion Goals

Minot N.D. (April 29, 2010) - Pro Tank Products of Minot, ND, has announced it’s business growth and production output goals for the near term and long term. These goals include the construction of a new production facility in Minot to facilitate expansion in PTP’s product offering. Pro Tank Products currently is a leader in the oil tank construction business building the industry’s highest quality and most economical 400-barrel storage tanks.

First and foremost, PTP is committed to maintaining a safe work environment for our employees. As the company expands Pro Tank Products will remain atPTPDanOnTank the forefront of sustaining an accident-free workplace, consistent with safe manufacturing workplace standards. This is made possible by constant evaluation of methods and outcomes on the factory floor.  Additionally, PTP provides all new employees with mentoring and training programs to achieve skill sets necessary to meet these safety goals.

Secondly, Pro Tank Products is committed to the local community, both as an engine for economic growth and a business resource for the region. As an industrial and product manufacturing member of the Williston Basin economy we especially value the potential partnerships we can create to help this region realize it's potential in the petroleum production market.

Thirdly, in product output, Pro Tank Products will build 500 (400 barrel) storage tanks during our 2010 production year, currently underway. In the longer term will be maintaining production goal increases that are consistent with revenue and profitability growth as well as available human resources. By adopting a smart growth strategy, Pro Tank Products will be able to meet the demands of our customers while staying within our goals of providing the highest quality and most cost efficient product. By 2013, PTP is confident that this strategy will allow us to increase both product offerings and a manufacturing output growth of 300%.

As part of our long-term growth strategy, and to meet the burgeoning demands of the expected growth and importance of the Williston Basin in petroleum production, PTP is currently in the capital acquisition and design phase of a new, larger production facility to be built in Minot, ND.

Pro Tank Products of Minot, ND, is an industry leader in the oil tank construction business with qualified personnel who are experienced in low-cost, efficient construction. With our ideal shop location in the Williston Basin and expert operations management, as well as state-of-the-art production equipment, PTP is focused on building our customer base and cementing relationships with our local economy by setting short term and long term production and management targets for 2010 and beyond.