employees matches ours .”
Founded in 1909 by Charles Hutchins , Dead River Co . had its roots in the forest products industry . They entered the petroleum business in 1936 and have since grown to be the largest full-service heating provider in northern New England . By operating locally managed offices throughout Maine , New Hampshire , Vermont , and Massachusetts , Dead River Company maintains its presence in the communities that it serves . Cetane Associates ( www . Cetane . com ) provides financial advisory services to business owners in home services industries .
� DAIGLE OIL ACQUIRES PROPANE BUSINESS OF MAPLETON OIL
Daigle Oil Co . of Fort Kent , Me ., acquired the propane assets related to Mapleton Oil Company Inc ., in Mapleton , Me . The transaction closed on Jan . 26 , Cetane Associates announced .
With their roots in the family-run earth moving and construction business , brothers Dale and Tim Wood decided to buy a fuel delivery truck and founded Mapleton Oil Co . in November 2003 . Early customers were mainly friends and family , but word-of-mouth and marketing soon grew their customer list . In 2004 , they bought a second delivery truck and incorporated the company in 2005 . They also added offroad diesel fuel to meet demand from the logging industry . By 2008 , they had added propane to their fuel line-up and discontinued the construction side of their business , deciding to focus entirely on fuel .
Owners Dale and Tim Wood are retaining the heating oil and related operations of the business . Dale commented , “ Mapleton Oil has been dedicated to providing quality fuels and exceptional service to our customers . We feel Daigle is a great fit for our propane customers and we ’ re delighted to have completed this sale with them .”
Daigle Oil Co . similarly began with a single fuel delivery truck . Better known as DOC , they were founded in 1955 by Guy Daigle in Fort Kent , Maine . Through the years , Guy continued to expand his fuel oil business by purchasing smaller companies in the surrounding areas . Guy passed the company to his son Rick in 1983 , and following his father ’ s lead , Rick continued to grow the family business through acquisitions . Today , Daigle Oil Company is 100 % employee owned and is a leading energy provider in northern and central Maine . Chief Operating Officer of Daigle , Carter Vaillancourt , remarked , “ We are excited to welcome Mapleton ’ s propane customers to our family at DOC . We will continue to serve their customers with the same profes-
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