Because it is so important for their farmer members, propane is a big part of the energy business for GROWMARK. Randy Miller, Director of Propane Operations says that they’ve been marketing propane for years. “Obviously, being ag-related, grain drying is a big part of our propane business,” he says, adding that the last couple of years have increased demand for …
GROWMARK Growing as a Propane Retailer
GROWMARK ranked as the fifth largest propane retailer in the United States by LP Gas Magazine with sales of over 211 million retail gallons of propane during 2016. “Propane is used for a lot of different reasons,” says Zach Baugher, GROWMARK Propane Marketing & Technical Services Manager. “Home heat, livestock building heat, grain dryers, and now we’re starting to see …
GROWMARK Acquires Propane Terminal and Truck Center
GROWMARK announced two acquisitions in the fuel business this week. First, GROWMARK has acquired a propane terminal in New Hampton, Iowa with nearly one million gallons of total storage capacity. The terminal will be used primarily to serve area FS companies and local retailers, and will be utilized in conjunction with its rail propane terminal in nearby Mason City, Iowa. …
GROWMARK FS Joins Propane Days at Capital
Members of the GROWMARK and FS System were recent participants in the National Propane Gas Association’s (NPGA) 2015 Propane Days at the nation’s capital. This news release says the members were educated regarding affairs and legislation that affects the propane industry and how to be actively involved in its development. “The Propane Days conference was a great opportunity to work …
GROWMARK Shows Off New Propane Terminal
GROWMARK showed off its newest propane terminal in South Dakota. This company news release says the April 28 open house at the Canton terminal attracted about 70 people to the event. GROWMARK, headquartered in Bloomington, Ill., acquired the Magellan Pipeline Company, L.P. in 2013 and added rail capacity. Facility upgrades were complete and the terminal was operational in January 2015. …
GROWMARK Sees Propane Use Growing
In the home, on the farm, for businesses or for school buses, the Energy Division of GROWMARK is seeing the use of propane growing as a domestically produced, environmentally friendly fuel. Marion Ertmer, GROWMARK Propane Marketing Manager, says some people may still think of propane as an import from the Middle East, but that’s no longer true. “Today, with the …
GROWMARK Serves Energy Customers in Various Ways
GROWMARK continues to serve customers in the energy sector, not just in the Midwest but across much of the United States. The agricultural cooperative markets 2.2 billion gallons on energy products throughout the territory it serves, including gasoline fuel, propane and lubricants. This presence includes 140 different fuel terminals and 235 retail stations. GROWMARK is also the fourth largest propane …
GROWMARK Makes Energy Investments
GROWMARK announced two major energy-related investments last month that provide benefits for the members of the Illinois-based agricultural cooperative. First, GROWMARK acquired a propane terminal in Plattsburg, Missouri which is connected to the ONEOK pipeline, has 270,000 gallons of storage and the capability to load out two trucks at once. “It gives us another asset and access to propane,” said …
GROWMARK to Purchase Suncor’s Share of UPI
GROWMARK will be purchasing Suncor’s assets in Ontario, Canada-based UPI, which provides energy products, including propane, throughout Ontario. As part of the agreement, GROWMARK will purchase Suncor’s 50 percent interest in UPI. Once complete, UPI will be 100 percent owned by GROWMARK. The transaction is subject to conditions including regulatory approvals and terms were not disclosed. “The agreement aligns with …
#Propane Celebrates 5 Years of Farm Incentives
After five years of applied research through the Propane Farm Incentive Program, the Propane Education & Research Council (PERC) has some good data to back up the benefits for farmers switching to propane equipment in higher performance, improved efficiency, and significant cost savings. Over 400 producers from 32 states have participated in PERC’s incentive program over the last five years. …