Greer Tank & Welding, Inc.
Fairbanks & Anchorage
Greer Tank, Inc. originally began as Greer Tank & Welding in Fairbanks, Alaska in 1952, manufacturing tanks with a small set of plate rolls in Ruth and Glenn Greer’s garage. For over three generations and 65 years, Greer is still family owned and operated, and producing tanks in Fairbanks and Anchorage in Alaska and in Lakewood, Washington.
Greer offers welding services that include custom construction and water jet fabrication, producing steel and aluminum, steel tanks, septic tanks, polyethylene water and septic tanks and ATV trailers. Their products are available throughout all of Alaska and the entire Northwest.
They have shipped tanks and fabrications as far south as Houston, Texas, and storage vessels from Washington to Hawaii and Guam. In addition, many vessels and fabrications have been sent north to Prudhoe Bay, including low temperature steel storage vessels and tow behind Frac tanks and Tiger tanks.
Greer employs between 90 and 100 employees throughout the corporation on a daily basis.
AIDEA partnered with Northrim Bank to assist in Greer’s expansion of their Anchorage facility with the addition of two new buildings. Northrim Bank originated the $2,032,500 loan and AIDEA participated at 90% with $1,829,250. AIDEA’s portion provides a 25-year term at a fixed rate of 4.25%.
“When we needed to upgrade our paint facilities at our Fairbanks location we turned to Northrim Bank who facilitated the loan through AIDEA for our best financing options.”
Greer Tank & Welding