Mocoat began in 1968 as a distributor of Mobil Oil Coatings for the Western Canadian Oilpatch. In the 1970s, it expanded into fiberglass manufacturing, focusing on oilfield storage tanks and wellhead shelters. In 2010, FRP Manufacturing Inc. was founded to produce fiberglass storage tanks for the Canadian wastewater industry. The two companies merged in 2017 to form FRP/Mocoat Fiberglass Ltd. Today, the company is a leading manufacturer of custom fiberglass tanks and storage products, offering both standard and custom solutions with capacities ranging from 150 to 34,000 imperial gallons.