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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.
AmeriGas Partners, L.P. is the largest retail propane distributor in the United States based on the volume of propane gallons distributed annually. It serves over 1.7 million residential, commercial, industrial, agricultural, wholesale and motor fuel customers in all 50 states from approximately 1,900 propane distribution locations.
Propane has a low-carbon content, has no methane emissions, is nontoxic, and is designated an approved clean, alternative fuel under the Clean Air Act Amendments. History Established in 1931 as the National Bottled Gas Association (NBGA), in 1937 the name changed to the Liquified Petroleum Gas Association (LPGA) to encompass the entire LP-gas ...
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It was founded in 1998 by its current president and CEO John J. Sherman after he sold his start up propane marketing company LPG Services Group to Dynegy. [3] As of November 2010, the company had acquired 89 businesses – mostly regional and local propane distributors.
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