 In June 1932, John G. Barnard founded the Modern Welding Company in a small building located near the Ohio River at First and Frederica Streets where the Commonwealth of Kentucky office building sits today.Today, Modern Welding Company has nine steel tank and vessel fabrication subsidiaries located throughout the United States, and five welding supply stores located in Kentucky and Indiana.The company is the country's largest supplier of underground and aboveground steel storage tanks for flammable and combustible liquids.