Sanders Oil sells to Alabama company for undisclosed price
by Associated Press
Published: September 11,2013
COLUMBUS — Sanders Oil Company has been sold to Midstates Petroleum Company in Vernon, Ala.
The sale includes Sanders Oil’s 14 gasoline stations. Terms of the sale were not made public.
Sanders Oil vice president Will Sanders tells The Commercial Dispatch that the sale was finalized Monday.
The sale includes Sanders’ six consignment stores and hundreds of commercial accounts.
Sanders said the company’s 120 workers have been offered jobs by Midstates.
According to its Facebook page, Midstates was founded in 1997 and is Alabama’s largest Texaco supplier.
Sanders said will work for Midstates as the company’s director of Mississippi operations.
Sanders Oil was founded in Columbus in 1931 by William David Sanders and William Lee Sanders. It remained a family business all these years.
To sign up for Mississippi Business Daily Updates, click here.
Twang & Tourism: The Country Music Trail
Still planning that summer vacation?
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Study: Mississippi has highest sales tax rate in U.S.
- Prescription for success — Transcript Pharmacy continues fast growth
- New law on taxing methods hailed as big win for businesses
- Panther Creek megasite — Putting a value proposition out there
- Panther Creek's location in medical industry zone boosts bio-med prospects
- MSU researchers develop timber-management software
- Nehi Bottling Company has been a Cleveland fixture for 85 years
- Counties ‘hoping to get it right’ as they await Tuscaloosa Marine shale boom
- News The Way You Want It!