Pinnacle Propane Acquires Tri State Propane
January 4, 2013 – Irving, TX – Pinnacle Propane, LLC (“Pinnacle”), a leading provider of propane in the south and southwest United States, announced today that it has acquired the assets of Tri State Propane (“Tri State”) based in Hiwasse, Arkansas. The transaction expands Pinnacle’s presence in Arkansas and eastern Oklahoma.
“This acquisition allows us to enter northwest Arkansas, a vibrant area showing continued population and economic growth. We are excited to continue the legacy of customer service that John and Julie Holloway have used to build Tri State over the last 16 years”, commented Rob Chalmers, SVP of Corporate Development.
Chris Hill, President of Pinnacle Propane, said, “We are excited about the addition of Tri State Propane and we are committed to maintaining a local presence as we continue to grow our footprint. We anticipate that all of the employees will continue with us, which will allow continuity for our customers and a continuation of outstanding service.”
Tri State Propane will be rebranded Pinnacle Propane in the coming weeks. The location will continue to offer propane bottle filling at the store as well as residential, agriculture and commercial delivery. The site also offers fork lift exchange, Autogas (vehicle fuel) and many other services. The store is located at 13488 West Highway 72 Hiwasse, AR and the phone number is 479 787 5400.
About Tri State Propane
Established in 1996, Tri State Propane has been a local propane supplier to residents, businesses and farmers for more than 15 years. The company provides propane refill, propane tanks, and propane cylinders of all sizes to Benton, Washington, Crawford, Madison, Carroll, Delaware, Adair and Cherokee counties in Arkansas and Oklahoma.
About Pinnacle Propane
Pinnacle Propane, LLC is a wholly owned subsidiary of JP Energy Partners LP, an Irving, TX based Master Limited Partnership, www.jpenergypartners.com . Pinnacle is focused on staying local in the markets we serve because that’s what our customers have come to expect. The people and businesses that have come to depend on us for their propane service are our number one priority. We will continue to look for ways to bring innovative ideas to the propane industry while remaining steadfast in our mission to deliver safe, reliable propane to the customers through our retail locations and our cylinder exchange operation, Pinnacle Propane Express. More information can be found at www.pinnpropane.com and www.pinnaclepropaneexpress.com
Posted: January 10, 2013