Rhoads Energy to Buy Worley & Obetz Businesses

Former Worley & Obetz customers can resume deliveries next week
(September 19, 2018)
Rhoads Energy plans to buy four divisions of now defunct Worley & Obetz under an agreement approved September 18 in U.S. Bankruptcy Court, according to Lancaster Online. The settlement, scheduled for Sept. 25, would include Worley & Obetz’s propane business, HVAC installation and maintenance business, Amerigreen residential and commercial natural-gas business and Amerigreen wholesale propane business. Former Worley & Obetz… FULL ARTICLE >>

Willis Group Subsidiary Closes on Tevis Oil Purchase

Includes Dash In conveinience stores
(September 11, 2018)
SMO Inc. (owner of SMO Motor Fuels and Dash In), a subsidiary of The Wills Group, Inc. has fully acquired Tevis Oil Inc.’s convenience retailing and wholesale motor fuel assets, including Jiffy Mart. Tevis will continue to operate and is actively looking to grow its home comfort solutions, commercial fuels and HVAC businesses, which includes: Tevis Energy; Tevis Propane and,… FULL ARTICLE >>

Daikin Receives State Loans and Grants for Minn. Expansion

Part of $40 M expansion in Faribault
HVAC systems maker Daikin Applied Americas has received a $750,000 Minnesota Investment Fund loan and a $1.6 million Job Creation Fund rebate grant from the state, provided it meets hiring and investment requirements, according to the Star Tribune. Daikin plans to expand its manufacturing at a newly required site in Faribault at a cost of $40 million. It is expected… FULL ARTICLE >>

OSG Billing Services announces two new acquisitions

(September 10, 2018)
RIDGEFIELD PARK, NJ – OSG Billing Services (OSG) today announced that it has completed the acquisitions of Applied Information Group, Inc. (AIG) and TeleReach, Inc. AIG is a leading provider of comprehensive email and database management, data processing and digital marketing solutions headquartered in Kenilworth, NJ. TeleReach is a full-service call center and a leader in customer engagement solutions located in… FULL ARTICLE >>

HOP acquires Groton Oil Co.

(September 7, 2018)
Cetane Associates LLC announced that HOP Energy, LLC of White Plains, New York has acquired the assets of Groton Oil Co., Inc. of Groton, Connecticut.  Cetane Associates, LLC served as the sole arranger and financial advisor to the seller. Groton Oil Co., Inc., founded in 1946, is a family owned and operated fuel delivery business with customers in and around Groton, Connecticut area. FULL ARTICLE >>

Rhoads Energy to Buy Worley & Obetz Businesses

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