MFA Oil Acquires the Propane Operations of Hamilton Produce
August 28, 2024
MFA Oil Company, a farmer-owned energy supply cooperative, announces it has acquired the propane operations of Hamilton Produce Company, located in Bloomfield and Ottumwa, Iowa. The deal includes customer accounts, trucks, storage tanks, an office in Ottumwa, and employees.
“We are excited to welcome Hamilton Produce energy employees to our team,” said Kenny Steeves, senior vice president of MFA Oil operations. “This is a great opportunity to extend our propane service farther north into Iowa, and we look forward to delivering the same high level of service that Hamilton Produce propane customers have come to expect.”
MFA Oil will continue to operate the propane office at 502 N Forrest Ave. in Ottumwa. Customers can call (641) 682-7531 or (888) 292-3639 or email [email protected] to order propane and schedule service. The acquisition adds to the cooperative’s established presence in southeast Iowa, with a Petro-Card 24 fuel station in nearby Bloomfield and a bulk fuel and propane plant in Centerville.
Doug Dick, who has overseen propane operations at Hamilton Produce for the past 20 years and is an owner of the business, will now manage the office in Ottumwa for MFA Oil.
“I’m looking forward to working with MFA Oil and ensuring our customers continue to receive excellent propane service,” Dick says.
This is the second acquisition of MFA Oil’s 2024 fiscal year, which began on Sept. 1, 2023. In December 2023, MFA Oil acquired Platte-Clay Fuels, a self-service retail petroleum company. The company will continue to evaluate strategic acquisition opportunities within its trade territory.