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On December 1, 2002, Ferrellgas purchased the propane operations of ProAm, Inc., then the nation's 17th largest propane retailer, for $25.6 million and a $10 million deferred seller note. The regional company had 70,000 customers and 57 retail outlets in seven states, the largest concentration of these being in Georgia and Texas.
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Suburban Propane Partners reported revenue of $678.4 million. The six analysts polled by S&P Capital IQ looked for revenue of $700.2 million on the same basis. GAAP reported sales were 90% higher ...
In 1999, the company sold its retail propane assets for $86 million. [7] In February 2000, the company acquired Public Service of North Carolina for $673 million. [8] [9] In March 2004, the company acquired 50,000 retail natural gas customers formerly served by Energy America in Georgia. [10]
Seminole Gulf's locomotives for the Sarasota Division parked at Suburban Propane In Sarasota, Seminole Gulf largely operates on a u-shaped line. The northwest end of the line is located just south of Bradenton in Oneco , where it continues south from CSX's Palmetto Subdivision .
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