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On December 1, 2002, Ferrellgas purchased the propane operations of ProAm, Inc., then the nation's 17th largest propane retailer, for $25.6 million and a $10 million deferred seller note. The regional company had 70,000 customers and 57 retail outlets in seven states, the largest concentration of these being in Georgia and Texas.
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In the early 1950s, the firm's executives set a goal to make Parker, as The New York Times put it, "the General Electric of fluid power", a goal it generally achieved in the coming decades. [11] In 1957, the company purchased Hannifin, a producer of valve and cylinder products, and changed its name to Parker Hannifin. [ 10 ]
[18]: 71 The rubber sleeves are typically secured with stainless steel worm drive clamping bands, which compress the rubber to make a tight seal around the pipes and fittings. These pipe clamps are similar to hose clamps, but are heavier-duty and ideally are made completely of stainless steel (including the screw) to provide maximum service life.
The hose between the filler and tank(s) is called the fill hose or fill line. The hose or pipe between the tank(s) and the converter is called the service line. These both carry liquid under pressure. The flexible hose between the converter and mixer is called the vapour hose or vapour line. This line carries vapour at low pressure and has a ...
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