This group will operate from expanded TAC Energy offices in Tulsa, Okla., and Denver, and will be focused on continuing to provide support and service to customers.
Greg Arnold, president and CEO of Truman Arnold, said, "[image-nocss] This proactive move is part of our overall growth strategy, and we are excited to be expanding our market share in the Central and Western U.S., while also reinforcing our supply resources and services to existing customers."
"With the integration of Fuel Manager's key customer service personnel and current customer base with our nationwide wholesale operations, we can offer expanded supply and service options that will benefit both current and new customers," according to John Rettiger, vice president of TAC Energy.
"This is a great deal; bringing two of the largest wholesale distribution companies together, and will provide additional opportunities in the marketplace while adding technology and operational efficiencies to the new business. Our customers will see benefits as a result of combining our operations," said Todd Phillips, president and CEO of FMI, Tulsa.
Rettiger added, "We at Truman Arnold Cos. are very excited about combining the best people, ideas, and expertise from FMI with TAC Energy's 45-year track record of passionate service to the customer."
TAC Energy currently operates fuel terminals in North Little Rock, Ark., and Caddo Mills, Texas, with a combined capacity of more than one million barrels of storage and is a distributor of gasoline, aviation, diesel and bio fuels in 50 states.
TAC is a Texarkana, Texas-based company founded by Truman Arnold in 1964 as a branded petroleum jobber. Today, TAC is a leading regional petroleum marketing company, offering customers a variety of services through its network of petroleum terminals and aviation fixed-base operations (FBO) facilities. The private company has more than 400 associates with sales exceeding two billion gallons annually.
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