Faces & Places: December 2021
December 28, 2021 By LP Gas
In December’s Faces & Places, find images of industry members at the NPGA Propane Expo, celebrating milestones and going through training.
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Foster Fuels marks centennial anniversary
November 26, 2021 By Danielle Pesta
Brookneal, Virginia-based Foster Fuels is celebrating its 100th anniversary. The company’s Mission Critical Division assists in emergency situations.
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DCC acquires another Colorado company
November 18, 2021 By Danielle Pesta
DCC Propane of Lisle, Illinois, acquired Affordable Propane Gas, headquartered in Fort Morgan, Colorado. The transaction closed on Nov. 1.
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Go beyond the business to draw inspiration from family, life
September 29, 2021 By Christina Armentano
The executive vice president of Paraco shares some business lessons that she learned from an unlikely source – her children.
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Preserving family culture in the workplace
August 17, 2017 By Joseph Armentano
Companies succeed when leaders value relationships, trust and respect.
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Buy-sell agreements smooth family business transitions
May 3, 2011 By LP Gas
Most family business owners expect their thriving enterprises to transfer to the younger generation with minimal fuss and bother. Reality, though, can be far different. Absent a carefully designed plan, misunderstandings and disputes can turn any business transition into a costly train wreck.
Read More Ray Murray Inc.
July 1, 2008 By LP Gas
Ray Murray Sr. had to quit his job to start Ray Murray Inc (RMI). This decision was a significant one…he had dedicated 25 years to a propane equipment manufacturer. He also had a growing family. But he knew he could do better. Especially in the exceedingly important area of Customer Service.
Read More Nichols’ LP Gas Service
December 1, 2007 By LP Gas
Tom Nichols had little choice. Working in the electronics industry, he had to embrace technology and adapt to change, or the world and his competitors would pass him by.
Read More Financial mistakes in family business
June 1, 2007 By Carl Hughes
Many family owned businesses in this industry do a lot of things very well, yet can blunder terribly when it comes to financial matters. These errors can cost the family significant value and prevent it from achieving the very goals it set out to achieve when the business was started.
Read More Resolving conflict in the family business
May 1, 2007 By Carl Hughes
Sibling rivalries. Father–son power battles. Non-active vs. active shareholder issues. Patriarchs unable to relinquish the reins to the next generation. A family-owned propane company’s conflicts come in all types and variations.
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