SAG sells its propane division

Brewton office to remain open; natural gas in Flomaton intact

Thompson Gas of Boonsboro, MD purchased most of South Alabama Gas District’s (SAG’s) propane division’s assets last week for $17.6 million.

Officials of Thompson and SAG met at SAG’s corporate office last Thursday morning to sign the contracts, according to SAG’s Chief Executive Officer (CEO) Mark Burgess.

“We retained six pieces of property with an estimated value of approximately $1.1 million with approximately $180,000 in inventory,” said Burgess.

Burgess said the Evergreen, Brewton and Monroeville offices were retained by SAG and there are no plans to sell or close the offices at this time...

 
 
Rendered 06/12/2024 02:20