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JF Petroleum acquisitions reinforce market dominance

JF Petroleum acquisitions reinforce market dominance

JF Petroleum acquisitions reinforce market dominance

In the ever-evolving landscape of the petroleum and construction industries, the JF Petroleum Group has made a significant leap.

Recently, this North American company, renowned for its comprehensive fuelling system solutions, announced the acquisition of two prominent Midwestern companies – Buckeye Oil Equipment and Reliable Construction Services.

This strategic move not only amplifies JF’s market presence but also marks a new chapter in offering unparalleled services.

JF Petroleum Group

Operating with a vision to provide a full spectrum of services, JF Petroleum Group stands as a vanguard in the fuelling infrastructure and construction industries. The Group’s services span equipment distribution, maintenance, repair, installation, construction, and general contracting, making it a one-stop solution in North America.

A Perspective from Leadership

Keith Shadrick, CEO of JF Petroleum Group, expressed enthusiasm about the integration, emphasizing the enhanced capabilities and technical support this acquisition brings to their Midwestern clientele. “Our customers can now enjoy 24/7 support from a technologically advanced solution provider,” said Shadrick, highlighting the commitment to continuous service.

Ray Eiser and Mike Badgley, the brains behind Buckeye Oil Equipment and Reliable Construction Services, shared their pride in their teams’ accomplishments and the exciting growth prospects this merger opens.

Echoing this sentiment, Barrett Gilmer, Chairman of JF, underscored the acquisition as a testament to JF’s ongoing commitment to delivering top-tier, comprehensive solutions across the United States.

Buckeye Oil Equipment and Reliable Construction, LLC

Established in 1966, Buckeye Oil Equipment Company’s journey began with a focus on the Dayton area, expanding its reach to industrial, municipal, governmental, and commercial sectors in Ohio, Kentucky, and Eastern Indiana.

Reliable Construction, with over three decades of experience, specializes in fuel system equipment installation and testing, general construction, compliance line testing, and engineering consulting. These diverse services form a robust foundation for the acquisition.

JF Petroleum Group: A Comprehensive Overview

The JF Petroleum Group, with its sprawling network of 42 branch offices, 4 distribution centres, and over 1,500 employees, represents the gold standard in the fuelling infrastructure sector. It’s an emblem of excellence, representing top-tier brands like Gilbarco Veeder-Root and OPW, to name a few.

The Bigger Picture: Impact on the Industry

This acquisition is more than just a business expansion; it’s a game-changer in the fuelling system and construction industries. It signifies a strategic consolidation of expertise, resources, and customer-centric services, setting a new benchmark in the industry.

A Future-Forward Approach

As the JF Petroleum Group welcomes Buckeye Oil Equipment and Reliable Construction Services into its fold, it’s clear that this is a move geared towards future growth and innovation. It’s a pledge to their customers and the industry at large – a promise of delivering excellence, precision, and unwavering support.

In this dynamic and challenging industry landscape, JF Petroleum Group’s latest acquisition is not just a business manoeuvre; it’s a statement of intent, a commitment to staying ahead of the curve and driving the industry forward.

JF Petroleum acquisitions reinforce market dominance

Post source : JF Petroleum Group

About The Author

Anthony brings a wealth of global experience to his role as Managing Editor of Highways.Today. With an extensive career spanning several decades in the construction industry, Anthony has worked on diverse projects across continents, gaining valuable insights and expertise in highway construction, infrastructure development, and innovative engineering solutions. His international experience equips him with a unique perspective on the challenges and opportunities within the highways industry.

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