Delta Fuel expanding in-state footprint, planning to leave Louisiana
Published: April 2,2012
NATCHEZ — Two long-time Miss-Lou oil distributors have recently been bought out, but one of the buyers is expanding its market share in Mississippi and making plans to move out of Louisiana.
Delta Fuel Co. Inc. recently bought the wholesale side of Independent Oil and Coal Co., and has leased the bulk plant of Cloutier Oil, a company recently bought by Victory Properties, The Natchez Democrat reported.
Independent Oil will continue to operate convenience stores, owner Charles Zuccaro said.
“We are not looking to move from where we are,” Zuccaro said. “We have six stores, and we are going to expand that within 150 miles of Natchez.”
Delta Fuels CEO Clint Vegas said leased the Cloutier plant for a base in Adams County. Ultimately, he said, he wants to move from Ferriday because last year’s high water convinced him the company needs higher ground.
“The high water last year gave us a thrill,” Vegas said. “I had $700,000 worth of oil out there, and you can’t move it. If the high water had hit me, I would have lost it and probably been sued for the mess.”
Delta Fuels officially took over the Cloutier plant yesterday and has been operating at Independent Oil for the last 30 days, Vegas said.
While being located at the Cloutier plant, Vegas said Delta would ultimately look for a more permanent location.
To sign up for Mississippi Business Daily Updates, click here.
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Pickering lists concerns over Mississippi Adequate Education Program formula
- Peavey's wellness program honored after workers drop 1,000 pounds
- Group, lesbian couples look to overturn state's ban on same-sex marriages
- Watkins says JRA out to block him from Farish by repaying HUD $1.5M
- State renews battle over water use with city of Memphis
- Mississippi Film Studios signs contract with New Orleans company
- DAVID DALLAS: You say “Obama”, I say “Ebola”
- Mars Food expanding Delta plant; investing $31M and adding jobs
- Biloxi baseball project still alive but may be held for 2015