WHIPPANY, N.J., March 20, 2018 /PRNewswire/ -- Suburban Propane
Partners, L.P., (NYSE:SPH), a nationwide distributor of propane,
fuel oil and related products and services, as well as a marketer
of natural gas and electricity, proudly celebrating 90 years of
innovation, growth and quality service.
Industry Pioneers
Since the concept of using propane as a portable heating source
was born in 1928 by its visionary founder in a small New Jersey town, Suburban Propane and its
predecessor companies have been committed to delivering outstanding
customer service to the communities served. In 1945, under
the name Suburban Propane Gas Corporation, Suburban Propane became
the first stock exchange listed public propane distributor in the
United States. After several transformations, Suburban
Propane again emerged as a publicly-traded Master Limited
Partnership ("MLP") listed on the New York Stock Exchange in 1996,
and today is one of the oldest existing MLPs. Throughout its now
nine decades of serving customers nationwide, Suburban Propane has
maintained its high standards for safety, integrity and customer
satisfaction.
Vision and Growth
From its roots as a small neighborhood business, Suburban
Propane has grown into a nationwide distributor with a vast network
of more than 650 locations in 41 states. Today, Suburban
Propane is the third largest retail propane provider in
the United States, serving the
energy needs of approximately 1.0 million residential, commercial,
industrial and agricultural customers.
A Team of Local Members of the Community
The more than 3,200 employees of Suburban Propane are proud
members of every community they serve. Suburban Propane's
long-term commitment to giving back to its local communities led to
the creation of an in-house initiative called SuburbanCares™, which
encourages and supports Suburban Propane's employees in their
efforts to serve their customers and communities. Since 2012,
Suburban Propane has partnered with the American Red Cross as a
national sponsor – volunteering time, and donating blood and much
needed supplies to support the American Red Cross and their
lifesaving endeavors.
Commenting on this important milestone for Suburban Propane,
President and Chief Executive Officer Michael A. Stivala said, "Suburban Propane has a
long and proud tradition of being intensely focused on delivering
the highest quality service to our customers. One critical business
motto that has helped shape our core operating philosophy over the
years has been a simple, yet poignant phrase: "Our Business is
Customer Satisfaction." Our business is well positioned
to continue our tradition of being an industry leader, and to
pursue our next phase of growth."
About Suburban Propane:
Suburban Propane Partners,
L.P., is a nationwide distributor of propane, fuel oil and related
products and services, as well as a marketer of natural gas and
electricity, servicing over 1 million customers through 650 plus
locations across 41 states. They are proudly celebrating 90
years of innovation, growth and quality service in 2018. Dedication
to safety, integrity, and an unwavering focus on outstanding
customer service to their customers and the local communities they
serve are cornerstones of their core values. Suburban Propane is a
New York Stock Exchange listed limited partnership headquartered in
Whippany, NJ. For additional
information on Suburban Propane, please visit
https://www.suburbanpropane.com/.
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SOURCE Suburban Propane Partners, L.P.