Manufacturing Today Issue 212 - May 2023 | Page 133

___________________________________________________________________________________________ Acterra
Group
The most recent development for the business was the sale to a private equity firm , which happened on March 17 th , 2023 . “ Although I am still an owner , Bryan will become a partial owner .” This venture is designed to encourage growth for the company , and Tad looks forward to seeing the opportunities the acquisition will bring .
Bryan then offers an insight into the dayto-day running of the business , and how it is contributing to the overall industry . “ We build anything from 500-gallon to 50,000-gallon fuel tanks , and they are all multi-purpose . We are also in the fuel equipment business , which includes anything to do with pumping or dispensing fuel , whether it is at the pump on the street , a convenience store , or a local business . We also support federal , state , and city government and their fleets , generators that use fuel , anything that has to do with moving or dispensing fuel , and we sell and install the necessary equipment .
... the company ’ s growth plan is to double the size of our business in the next two years , and then if we can , triple in five years manufacturing-today . com 133