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AmeriGas was founded in 1959. In October 2008, it acquired the propane assets of Penn Fuel Propane for $32 million. [4]In January 2012, it acquired Heritage Propane from Energy Transfer Partners for approximately $1.46 billion in cash and $1.32 billion in common units and the assumption of debt.
AmeriGas, Ypsilanti, MI. UGI Corporation (formerly United Gas Improvement Corp.) is a natural gas and electric power distribution company headquartered in King of Prussia, Pennsylvania, with extensive operations in the United States and Europe. [1] UGI owns AmeriGas, the largest propane marketer in the United States.
While CEO of UGI in 2008, Greenberg earned a total compensation of $5,720,227, which included a base salary of $1,026,300; a cash bonus of $964,722; stock granted of $2,123,800; options granted of $1,524,000; and other compensation of $81,405.
The Conservative Gas Corporation established a propane bottling business in Wyandanch in 1929. Today it operates as Amerigas Propane LP. In 1947, Joseph F. Walsh established a paper box factory in Wyandanch, and Ignatius Davidson and Mortimer Cumberbach expanded their C & D Cement Block factory, making it the largest African-American-owned ...
September 14 – A propane pipeline to an underground storage cavern failed in Griffith, Indiana. The propane later caught fire. 1,000 residents were evacuated during the incident. [92] October 8 – A propane pipeline pump station exploded & burned, in Conway, Kansas. The fireball could be seen from a distance of up to about 25–26 miles.
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Energy Transfer owns controlling interests in Sunoco LP.It also owns 100% of Sunoco Logistics Partners Operations L.P., 46% non-economic general partner interest in USA Compression Partners L.P., and 100% of Lake Charles LNG which consists of an LNG import terminal and regasification facility near Lake Charles, Louisiana.