Success and longevity for any business doesn’t happen by accident. They focus on what matters most: their values, their customers, and how their product or service makes a difference to the industries they serve.
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With decades as commercial tank specialists, Peabody has a long history of delivering quality, durable, reliable, and sustainable products to the agriculture industry and beyond.
In 1952, Richard “Dick” Peabody started as a one-man small business selling agricultural fertilizer equipment in California, Arizona, Washington, Oregon and Idaho. He quickly earned a reputation as an expert in Anhydrous ammonia and saw his business grow, manufacturing his own line of valves, pumps, compressors, hose lines, nurse wagons, and bulk storage containers for Anhydrous ammonia, solidifying his standing as best in the business.
Now in its second generation of family leadership, Peabody Engineering embodies the knowledge, trust and innovation that are synonymous with family-owned businesses.
Mark and Larry Peabody grew up in their dad’s business, helping build products during their summer vacations. After graduating from college, both sons went to work full time in the family business. Mark and Larry made a great team from the start, proving they had the imagination and innovation to carry on their dad’s vision after he retired in 1982.
Larry and Mark had the know-how to balance tradition with changing markets. In 1977, before Dick retried, Larry saw a future in plastics and convinced his dad to start promoting a new concept of liquid storage—rotational molded plastic tanks, along with plastic valves, fittings, and pumps. They quickly found success in wholesale distribution of industrial plastic products in both the agricultural and industrial chemical markets.
One of the advantages a family-owned business has is the trail of knowledge and history when it comes to economic cycles. They’re also more practical when it comes to debt, focusing on spending less and making sensible investments.
In 1982, the agriculture market downturn caused by the earlier recession greatly affected the sales of Peabody’s fertilizer equipment. In addition, their paint division was shaken. Once again, in 2008, they endured the financial recession. But perseverance and faith saw them through all these challenges and brought them new markets and opportunities. They were able to:
- Design and produce their own line of tanks to meet higher demands of engineered applications.
- Invest in tooling for a new product—a dual containment tank that would guard against chemical contamination from a leaking tank.
- Invest in their own rotational plastic molding machinery and brought their manufacturing in-house.
- Purchase state-of-the-art plastic molding machines, increasing their ability to mold tanks up to 1500 gallons.
- Design a new seismic restraint system for tanks using fiberglass fabrication.
- Established a telecom division fabricating fiberglass panels to conceal cell towers from public view.
Four decades later, Peabody Engineering has not only maintained the solid reputation their dad earned in the ’50s, but continues to strengthen the company’s standing by building an international distribution network for quality manufactured plastic storage tanks, custom cell site concealment systems, and fiberglass structures.
Discover for yourself what sets Peabody Engineering apart. Request a Quote today!