Friday, July 19, 2013

Crowley Buys Alaska Fuel Company

CPD Alaska, the petroleum distribution arm of Crowley Maritime, has acquired Anderes Oil, a fuel company in Ketchikan, Alaska, in an effort to expand its petroleum distribution business into southeast Alaska.

“This is our first venture in the southeast Alaska market and we are very excited to be expanding into this region,” Crowley Senior Vice President and General Manager Rocky Smith said. “I am confident that we will be successful in integrating this business into the Crowley family.”

Anderes Oil, located shoreside near downtown Ketchikan, includes a bulk plant storing over a million gallons of petroleum products and has miles of pipeline, as well as a marina with a fixed 110-foot-long float outfitted to supply a variety of marine fuels to southeast Alaska.

The Anderes family, after 50 years of serving Ketchikan, is leaving the oil business. Crowley contends however, that although ownership is changing, little else will, and that the company plans to continue to provide products and services under the Anderes name and that its 20 employees are being retained.

“Anderes and Crowley have similar cultures and values emphasizing safety, environmental protection and customer service,” Crowley Vice President Bob Cox said. “Our goal is a seamless transition and supporting the fine employees of Anderes Oil going forward.”

Crowley currently operates 22 fuel terminals in western Alaska and the rail belt, with over 265 employees.