The Arnold Companies makes major West Coast acquisition
The Arnold Companies makes major West Coast acquisition, expanding the TACenergy supply network and increasing operational efficiencies
Expanding west coast presence and broadening product opportunities extends TACenergy opportunities for growth
Dallas, Texas (November 1, 2019) – TACenergy, a division of The Arnold Companies (TAC), acquires the U.S. wholesale petroleum distribution business of IPC (USA), Inc. (“IPC”) effective November 1, 2019. Terms of the sale between the companies are not being disclosed.
Increasing its west coast presence with a majority of the IPC sales team, TACenergy will maintain offices in Santa Ana, CA, Sacramento, CA and Seattle, WA. The shared expertise and TACenergy resources will allow local sales to continue providing the service expected by existing IPC customers. Along with the competitive fuel prices and reliable supply the TACenergy network offers expanded opportunities to all customers.
“We are very excited to bring on an experienced west coast sales force. The combined team will have a stronger supply footprint, a more efficient administrative machine and the same strong level of service the customer base has experienced,” said TAC Chairman and CEO, Greg Arnold.
Fred Sloan, Chief Operating Officer of TACenergy stated, “We are already working to harness the expertise of both groups to deliver innovation across the wholesale fuel sales network, leveraging national supply resources and managing administrative and logistics capabilities.” Sloan also added, “The acquisition builds upon the existing relationships of unbranded and branded fuel products which include Sinclair gasoline and Neste MY renewable diesel, allowing TACenergy to expand into the renewable diesel category and provide new alternatives for existing customers.”
Image: TACenergy leadership gather to welcome new West Coast associates.Left to Right: Mitch Lewis, General Manager of Sales, SouthwestFred Sloan, Chief Operating OfficerRandy Jones, Vice President of Sales and Operations
Maintaining the west coast offices to strengthen presence in the area for TACenergy, customers will continue working with the people they know. Ted Tanaka, CEO of IPC shared with his team and customers, “Joining the IPC business into the TACenergy network builds an unbeatable combination of services and products to help our customers deliver the same. From the supply network, trading capabilities and office services that provide unprecedented accuracy, the combined expertise will lead the wholesale fuel industry.”
Many of the key operational and sales management team members will be joining TACenergy, including Randy Jones, who joins TACenergy as Vice President of Sales and Operations, covering the combined national footprint of the organization. Mitch Lewis, General Manager of Sales, leading Southern California sales. Jim Harper, General Manager of Sales, managing Northern California and Pacific Northwest sales. All three positions report to Chief Operating Officer, Fred Sloan. Together, the combined team of industry leaders, from back office to frontline sales will position TACenergy to be one of the largest national wholesale fuel suppliers in the country, with annual sales exceeding 2.7 billion gallons and well over $5 billion in revenue.
About TACenergy
TACenergy is a Dallas, Texas based independent national wholesale distributor of refined petroleum products. Customers include branded and unbranded gasoline, as well as diesel retailers, industrial users, transportation, trucking, government, utilities, mining, construction, plus any other commercial user or reseller of fuel. TACenergy delivers added value to its customers through customized fuel management programs, a 24/7 Supply & Logistics call center and comprehensive carrier agreements. TACenergy has an annualized fuel volume exceeding 2.7 billion gallons, and a vast terminal supply network with fourteen regional sales offices spanning North America. TACenergy is a division of TAC – The Arnold Companies, a Texas-based aviation and energy marketing company.
Learn more about the passion for great service at www.tacenergy.com. For more information about TAC – The Arnold Companies visit www.thearnoldcos.com.
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FOR IMMEDIATE RELEASE
CONTACT: Tad W Perryman, VP Marketing
214-538-5475 [tperryman@tacenergy.com]
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Strategic Leadership Positions Bolster TACenergy Organic Growth Plans To Reach 3 Billion Gallons Annually
Hazel Helm as Director of Supply and Randy Grizzle as Director, Sales & Marketing add depth to senior management team and support to key service areas
DALLAS (September 14, 2023) – TACenergy, one of the nation’s largest wholesale fuel sales companies headquartered in Dallas, Texas announced the appointment of two newly created positions supporting company growth plans to extend competitively priced product sales across the U.S.
As the Director of Sales & Marketing, Randy Grizzle brings over 25 years of U.S. fuel marketing experience leading sales development and data analytics for regional/national mid-stream energy companies. “The growth and high level of customer service TACenergy continues to bring to market reflects the activity of a very powerful team”, said Grizzle, “and I am excited to assist the company in achieving its highest potential.” Grizzle will put his focus toward continued business development opportunities, furthering current and future relationships with key national and regional companies in conjunction with developing processes and programs that enhance the foundation of company service levels.
Focusing on upstream supply relationships and contract development, Hazel Helm joins the company as Director of Supply and brings her 17-year multi-faceted strategic buying and analysis experience combined with a background from the refiner’s point of view to strengthen the national supply experience for TACenergy. Helm’s presence adds to existing business intelligence ensuring a well-managed national supply system with availability at over 800 U.S. terminals in the TACenergy network. Helm shared her outlook upon joining, “TACenergy is poised to lead the transformation of fuel distribution to include all energy resources and the vast long-term relationships with suppliers signifies its strength as the leader and I am excited to be a part of it.”
Fred Sloan, Chief Operating Officer of TACenergy shared, “The addition of Randy and Hazel comes at a time to support the growth trajectory we are experiencing and gives our team incremental depth extending our potential to reach new volume goals while continuing to lead the industry with the absolute best service levels in logistics and professional services.”
The TACenergy ‘Drive to 3 Billion’ goal is set to be achieved through organic growth and with the surety of our suppliers, carriers, and customers being treated with the respect and integrity that are the foundational tenets the company has maintained for nearly 60 years.
About TACenergy
TACenergy, a Dallas, Texas-based wholesale distributor of refined petroleum products is supported by 17 regional offices, one of the nation’s largest supply networks and over 100 employees across the 48 lower United States. Delivering customer value through customized fuel management programs, a 24/7 Supply & Logistics call center and a commitment to efficiency and accuracy, TACenergy exceeds industry standards to create sustainable growth. Annual volume exceeds two-and-a-half billion gallons for seven-and-a-half billion dollars in revenue. Ultimately, it’s the company associates and their passion for service that sets TACenergy apart.
Learn more about TACenergy, at www.tacenergy.com. Don’t Just Buy Fuel. Fuel Your Future.
Expanding Opportunities Strengthens TACenergy Northeast Management Ranks
Matthew Harrison Joins TACenergy In Its Brockton, Mass. Office As General Manager
BOSTON (November 1, 2022) – TACenergy, one of the nation’s largest wholesale fuel sales companies headquartered in Dallas, Texas announced the appointment and transition of Matthew Harrison to the role of General Manager for the company’s Northeast region. With the ongoing market changes and company growth across New England and the entire Northeast region, Harrison was hired to fortify the TACenergy position in the market, strengthen the team and look to the future, continuing to support suppliers and customers from Maine to New Jersey.
Taking on the leadership role for the Northeast region of TACenergy, Harrison brings over 15 years of industry sales experience in both the Northeast and Mid-Atlantic regions where he grew his career managing unbranded fuel sales and marketing for a leading terminal operator/distributor headquartered in the greater Boston area. “I look forward to joining a strong and well-established team and highly regarded group of fuel sales specialists at TACenergy”, said Harrison.
Fred Sloan, Chief Operating Officer of TACenergy shared, “The evolving growth and opportunities of the New England petroleum market have allowed us to expand the local regional leadership. With Matt’s proven industry experience coupled with the years of market knowledge of the current team, including Millie Platenik, Wayne Saven and Jay Reynolds, the TACenergy Northeast region will continue to set the standard for service and sales for existing and new customers.” Continuing their focus on New England markets, Platenik, Saven and Reynolds deliver the highest level of customer service to meet CEO, Greg Arnold’s vision for the company to provide the ‘best service and experience in the industry.’
Platenik confirmed, “I am excited to have Matthew join and take us to the next level. I can keep my focus on the New England customer base I have grown for the past couple of decades while Matthew will help us grow business throughout the entire Northeast and show our customers the true passion we have for the fuel business.”
Harrison will officially make his first appearance with the TACenergy leadership team next week as the new TACenergy Northeast General Manager at the Annual Fall Conference for SIGMA: America’s Leading Fuel Marketers national trade association.
About TACenergy
TACenergy, a Dallas, Texas-based wholesale distributor of refined petroleum products is supported by 14 regional offices, one of the nation’s largest supply networks and over 100 employees across the 48 lower United States. Delivering customer value through customized fuel management programs, a 24/7 Supply & Logistics call center and a commitment to efficiency and accuracy, TACenergy exceeds industry standards to create sustainable growth. Annual volume exceeds two-and-a-half billion gallons for seven-and-a-half billion dollars in revenue. Ultimately, it’s the company associates and their passion for service that sets TACenergy apart.
Learn more about TACenergy, at www.tacenergy.com. Don’t Just Buy Fuel. Fuel Your Future.
KTBS 3 Spotlight on TACenergy Leadership COO Fred Sloan - Sharing Thoughts on Changes in the Gas Market
Oil and Gas Prices Impacted by Tensions Oversees
Feb. 25, 2022
By JULIE PARR, KTBS TV
CLICK HERE to view read the original story on KTBS.com>
DALLAS, Texas - A Texas-based fuel supplier says gas prices will likely go up some more before they go down.
TAC Energy CEO Fred Sloan says crude oil prices have been going up over the past year. He says prices are about 35% higher than they were a year ago.
While the war in Ukraine has created some uncertainties in the energy market, Sloan says oil and gas supplies are not an issue for the U.S., and he doesn't believe gas prices will go up dramatically.
"The U.S. market is super elastic, and the U.S. crude supply is not at risk, refinery operations are not at risk, and the fuel that is at the gas station down the street will be there," said Sloan.
He says gas prices are expected to slightly increase in the spring and summer as usual, but as long as there's no major escalations in Europe, prices should slowly decrease of the course of the year.
"Now again, it will be volatile for a while, but the fact of the matter is there is no major supply demand influence that's going to cause prices in our region to get above where we are today," said Sloan.
Meanwhile, Sloan says the Ukraine invasion could have more of an impact on the global grain supply.
Russia and Ukraine together produce nearly a quarter of the world’s wheat.