Paraco Gas Acquires Propane Operations of Cloyd Howard, Inc.

Paraco Gas Corporation has acquired local propane distributor Cloyd Howard, Inc. in Walden, NY.
 
June 6, 2012 - PRLog -- Paraco Gas Corporation, one the nation's largest independent propane retailers, has completed its acquisition of Cloyd Howard, Inc., in Walden, New York.

With the acquisition, Paraco Gas assumes service to nearly 2000 residential accounts and distribution of over 300,000 gallons of propane in Orange and Ulster Counties in New York. Accounts will be serviced from Paraco's Ellenville, NY location, and many of the employees of Cloyd Howard, Inc. will be retained by Paraco Gas.

According to Joseph Armentano, CEO of Paraco Gas, the acquisition will be seamless for existing Cloyd Howard Company, Inc. customers.

Paraco Gas provides over 40 million gallons of propane to more than 80,000 residential, commercial and industrial customers in nine states, operates 25 propane distribution facilities and employs over 300 workers.Paraco was ranked fifteenth on LP Gas Magazine's Top 50 Propane Retailers list in 2011.

Customers who would like to learn more about Paraco are invited to visit the company website at http://www.ParacoGas.com
End
Source: » Follow
Email:***@paracogas.com Email Verified
Zip:10573
Tags:Propane, Propane Retailer, Paraco Gas, Cloyd Howard, Acquisition
Industry:Energy, Business
Location:Rye - New York - United States
Subject:Mergers
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse
Paraco Gas Corporation PRs
Trending News
Most Viewed
Top Daily News



Like PRLog?
9K2K1K
Click to Share