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Olympia school district in Illinois commits to autogas

December 17, 2015 - By

The Olympia Community Unit #16 school district based in Stanford, Ill., committed to convert about one-third of its school bus fleet to propane autogas. According to a press release, Olympia Community Unit #16 converted 12 of its 33 buses to autogas. Josh Olsen, the school district’s assistant superintendent, estimates each bus that runs on autogas saves the district about $2,500... read more

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2015-16 State of the Economy

December 17, 2015 - By

How will businesses fare in 2016? Very well, according to experienced marketplace watchers. After several years of gradual progress, the economic stars are aligning in favor of a more robust commercial environment. “We expect 2016 will be a good year, with increased consumer spending driving economic growth,” says Sophia Koropeckyj, managing director of industry economics at Moody’s Analytics, a research... read more

Opportunities to explore in the propane industry

December 17, 2015 - By

Time flies in the publishing business. We’re often working a month ahead and planning propane industry topics most relevant to our readers two to three months out. You, too, might agree for your own reasons and business interests that 2015 has come and gone in a blink of an eye. So here we are, at the end of another year,... read more

Heard and noted: Takeaways from autogas market discussions

December 17, 2015 - By

It’s pretty easy to fill a reporter’s notebook or laptop screen with notes from propane industry meetings. Listening to industry leaders tout the next great gallon-growing equipment or propane market makes for good information to share with readers. So, glancing back at my notes from the Propane Education & Research Council’s (PERC) November meeting in Boca Raton, Fla., here are... read more

Elburn Cooperative to merge with CHS

December 16, 2015 - By

Members of Elburn Cooperative, a farmers cooperative in Sycamore, Ill., voted to merge with CHS Inc. According to a press release, the merger will become effective in March 2016 after the CHS board of directors approves it. Elburn Cooperative will retain its staff members through the merger. “Merging with CHS offers us a more competitive size and scale than we’ve... read more

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Kenworth Northeast Group moves Boston dealership

December 16, 2015 - By

Kenworth Northeast Group, a Kenworth dealer, relocated its South Boston dealership to a renovated 40,000-square-foot facility in Brockton, Mass. The renovated dealership has access to three highways. It features a service area that can accommodate up to 30 trucks. The updated facility also includes a 3,500-square-foot parts warehouse to provide parts delivery throughout the south Boston area. Kenworth Northeast Group... read more

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In the Know: The biggest issues impacting propane retailers

December 16, 2015 - By

In the Know is a monthly partnership between LP Gas magazine and Propane Resources. Our focus this month is on business operations, addressed by financial consultant and business valuations and sales expert Tamera Kovacs. Q: Aside from the well-known developments on the propane supply and pricing side, what are the biggest issues impacting retailers today that aren’t getting much attention? A. Under-the-radar issues impacting retailers... read more

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How propane stands next to the Diffusion of Innovation Theory

December 16, 2015 - By

E.M. Rogers developed the Diffusion of Innovation Theory in 1962 to explain how ideas and products gain momentum and spread over time. Rogers’ theory classifies adopters into five categories: innovators, early adopters, early majority, late majority and laggards. According to the theory, only 2.5 percent of all adopters are defined as “innovators.” “Early adopters” are the next to adopt ideas... read more

Suburban Propane acquires Florida-based Propane USA

December 15, 2015 - By

Suburban Propane Partners LP acquired the assets and affiliate companies of Propane USA, a propane retailer based in Margate, Fla., for $45 million. Mark Wienberg, Suburban Propane’s chief development officer, says the acquisition will expand the company’s footprint on the east and west coasts of southern Florida. Through the acquisition, the company will gain about 7,600 residential and commercial customers... read more

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IMT names two new distributors

December 15, 2015 - By

Iowa Mold Tooling Co. (IMT), a manufacturer of service vehicles, truck-mounted cranes, hydraulic loaders and air compressors, added two companies to its distributor network. IMT added Industrial Truck Equipment (ITE), based in Oklahoma City, to its distributor network. ITE will serve IMT customers in central and western Oklahoma. ITE sells and services truck-mounted equipment. It also refurbishes trucks, trailers and... read more

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