Tri-City Ledger -

By Mike Qualls
Special to the Ledger 

SAG sells its propane division

Brewton office to remain open; natural gas in Flomaton intact

 

September 27, 2018



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 off...



For access to this article please sign in or subscribe.



 
 

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2018