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Parman Energy Group will extend our product offering, and commitment of Totally Outrageous Customer Service (TOCS) to the Morristown site, making it the 7th fully functioning supply and distribution location. Robert Giffin, president of Parman Energy Group said; “The move to acquire the commercial fuel business in Morristown, Tennessee will allow us to raise the petroleum product line offering in the greater Knoxville area. We look forward to being the premier supplier of petroleum products in the East Tennessee marketplace.”
This strategic move for Parman Energy Group not only expands our footprint but also enhances our ability to serve a broader range of customers with high quality products. “We are thrilled to welcome the Morristown commercial fuel business into the Parman family,” said Rachel Hockenberger, CEO of Parman Holdings Corporation. This acquisition aligns perfectly with our mission to earn customer confidence by providing optimized solutions and superior service. It represents a strategic step forward in our commitment to growing the Parman brand. With this acquisition, Parman Energy Group will leverage its extensive resources and industry expertise to further enhance the services offered to the customers in the Morristown area.
The Parman name has been synonymous with premium petroleum products and reliable service in Tennessee since the mid-1930s. Parman Energy Group currently operates from locations in Tennessee, Mississippi, Arkansas, and Minnesota. We continue to look for ways to evolve and grow. “As an employee-owned company, we aspire to create opportunities. With this acquisition, we welcome the opportunity to grow value in our brand and better serve our customers in the East Tennessee area,” said Hockenberger.
Parman Energy Group, Parman Tractor & Equipment and Parman Properties are held by Parman Holdings Corporation. For more information about Parman Energy Group and it’s range of product solutions, please visit www.parmanenergy.com or contact Morganne Keck at mkeck@parmanenergy.com.
SOURCE Parman Holdings Corporation
Wilder Equipment will operate as a division of Parman Tractor & Equipment (PT&E), a subsidiary of Parman Holdings Corp. PT&E will continue providing the high level of service and support that the Wilder family has delivered for 85 years. The Sales, Service, Parts, and Rental Departments will represent the Parman brand while continuing to offer products from long time partnerships such as Gorman-Rupp, Morbark and Rayco.
Parman Holdings acquired Parman Tractor & Equipment 3 years ago and has experienced significant growth through the diversification expansion into heavy equipment. Charley Crichton, Parman veteran, continues serving as President of Parman Tractor and Equipment with support of Colin Hockenberger as General Manager.
About Parman
The Parman name has been synonymous with premium petroleum products and reliable service in Middle Tennessee since the mid-1930s. Parman Energy Group currently operates from locations in Tennessee, Mississippi, Arkansas, and Minnesota and continues to look for ways to evolve and grow. Parman Energy Group, Parman Tractor & Equipment and Parman Properties are held by Parman Holdings Corporation, an employee-owned company.
Rachel Hockenberger, President and CEO of Parman Holdings Corporation said; “As an employee-owned company, we aspire to create opportunities. With the Wilder acquisition, we welcome this opportunity to diversify into dewatering, utility rerouting and land clearing. We are growing our brand, service offerings, and value for the employee-owners of the Parman Companies.”