Flameco Industries Inc
How we got $15.9M
Based on its 41 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 46 years (since 1980)
From public records and the company's website, not a statement that it's for sale.
What they do
Flameco Industries Inc. is a natural draft burner manufacturer based in Tulsa, OK, serving the oil and gas processing industry. It says it has been a leader in the natural draft burner industry for over 40 years.
From the company's website. Industry: Other Metal Valve and Pipe Fitting Manufacturing.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- EXPLORER PIPELINE COMPANY · Tulsa, 6 mi · $619.2M
- MID-CON ENERGY OPERATING, LLC · Tulsa, 5 mi · $467.7M
- SAMSON RESOURCES II OPCO, LLC · Tulsa, 5 mi · $326.7M
- BKG INDUSTRIES, LLC · Stigler, 73 mi · $318.2M
- SUPERIOR MIDSTREAM, LLC · Tulsa, 5 mi · $315.1M
Estimated value over time
▼ 13% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Employees over time
▲ 5% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 41 | $15.6M |
| 2024 | Form 5500 | 36 | $13.7M |
| 2025 | Form 5500 | 43 | $16.4M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| FLAMECO INDUSTRIES INC this business | $25.6M | — |
| FSEB ENTERPRISE LLC Tulsa · 24 employees | $14.6M | 0.1 mi |
| ALL PRO TECHNOLOGIES INC Tulsa · 4 employees | $1.4M | 0.5 mi |
| AMERICAN PIPE BENDING INC Tulsa · 35 employees | $17.4M | 2.7 mi |
| HORTON INDUSTRIES, INC. Tulsa · 19 employees | $8.3M | 2.7 mi |
| OCV FLUID SOLUTIONS, LLC Tulsa · 56 employees | $27.0M | 3.1 mi |
| MW PIPING FABRICATION, LLC Tulsa · 48 employees | $18.3M | 3.3 mi |
The full calculation
| Employees reported to the SBA | 41 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $19.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $25.6M |
| Estimate: the two combined (geometric mean) | $25.6M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $2.7M |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $15.9M |
| Multiple for this size and industry | 5.8× |
| Value range | $8.3M – $21.7M |
| Revenue range | $16.9M – $29.2M |
| EBITDA range | $1.8M – $3.1M |
| Industry (NAICS) | Other Metal Valve and Pipe Fitting Manufacturing (332919) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
Leadership
- RARobert ArchuletaSigned for the company · 2025 retirement-plan filing (Form 5500)
Advisors
- BankingBancFirstPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| BancFirst PPP 2020, PPP 2021 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $614K | 41 |
| 3/30/2021 | second | $614K | 35 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Flameco Industries Inc
Flameco Industries Inc is an other metal valve and pipe fitting manufacturing company in Tulsa, Oklahoma, in business since 1980. Its estimated annual revenue is about $25.6M, with roughly $2.7M of EBITDA. It has about 43 employees. Its estimated business value is $15.9M (likely range $8.3M–$21.7M).
Common questions
- Who owns Flameco Industries Inc?
- The owner of Flameco Industries Inc isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does Flameco Industries Inc make?
- SeeBITDA estimates Flameco Industries Inc's annual revenue at about $25.6M (likely between $16.9M and $29.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Flameco Industries Inc worth?
- About $15.9M, roughly 5.8× its estimated EBITDA of $2.7M, typical for a other metal valve and pipe fitting manufacturing company its size. Likely range: $8.3M–$21.7M.
- How many employees does Flameco Industries Inc have?
- About 43, from its 2025 retirement-plan filing.
- When was Flameco Industries Inc founded?
- Flameco Industries Inc has been in business since 1980.