Simmons Foods has sold its small propane supply business, Simmons Energy Solutions, to MFA Oil Company.
The company announced on September 1 the sale of the business, which has operations in Decatur, Arkansas, and Jay, Oklahoma. Terms of the sale are not being disclosed.
Simmons Foods said it decided to divest of the propane company so it could place more focus on its core operations.
“As a food company, we have determined that propane operations are outside of our core business,” said David Jackson, chief operating officer of Simmons Foods. “We are confident that we leave our customers in good hands with MFA Oil and we will work together to ensure a seamless transition process.”
“We believe their business approach and culture is a good fit for our valued customers and team members,” Jackson added. “We are pleased that MFA Oil plans to extend job offers to the majority of team members currently working in this operation. Our Human Resources team will be assisting all affected team members with the transition.”
MFA Oil is a farmer-owned cooperative headquartered in Columbia, Missouri. Simmons Foods said MFA Oil has a reputation for providing quality fuels, propane and other petroleum products to customers since 1929.
Simmons Foods and its affilates are leading suppliers of poultry, pet and animal nutrition products based in Siloam Springs, Arkansas.
According to the WATTPoultry.com Top Companies Database, Simmons Prepared Foods is the 17th largest broiler company in the United States, having processed 13.97 million pounds of ready-to-cook chicken on a weekly basis in 2019. The company opened a new poultry plant in Benton County, Arkansas, in 2019.
Simmons Pet Food is one of the largest suppliers of store brand wet pet food in North America, and Simmons Feed Ingredients boasts an innovative line of proprietary animal nutrition products.
