March 20, 2018
Paraco South LLC is pleased to announce that we are expanding our joint venture partnerships by opening three new locations: Nashville Propane Exchange (Nashville, TN), Gateway Propane Exchange (St. Louis, MO), and Mid-Atlantic Propane Exchange (Havre de Grace, MD, near Baltimore).
The decision to make a strategic push toward the motor fuel business in Nashville, Baltimore, and St. Louis stems from our experience in starting and running companies in other major US metro markets. Since 2012, we have formed joint venture companies that include Florida Lift Gas (Tampa and Orlando, FL), Atlanta Propane Exchange (Atlanta, GA), Tri-State Propane Exchange (Chicago, IL), South Florida Lift Gas (Miami, FL), and Denver Propane Exchange (Denver, CO).
All products offered by these new locations will support the industry trend of utilizing propane cylinder exchange as a commercial fuel source for lawnmowers, forklifts, and other propane-fueled equipment.
Mike Gioffre, President of Paraco South, expressed his pride in the new locations by saying, “This is an exciting time for Paraco South and our partners. These additions will give us eight locations since January 2012 with two more scheduled to come on board by January 2015. We’re currently searching for owner-operator partners interested in helping us reach our expansion goals by joining a team of dedicated folks committed to our customers and becoming a true national company.”