Agtegra Cooperative Announces Acquisition of UPI Petroleum Assets

Dec 12, 2024


Agtegra Cooperative Announces Acquisition of UPI Petroleum Assets
Agtegra Cooperative is excited to announce that as of today, it has acquired the assets of UPI Petroleum, a c-store and bulk fuel and propane business in Milbank, South Dakota.

“I greatly appreciate the support Milbank has given me over the past 7 years,” said Jason Ackerman, UPI Petroleum co-owner. “I am pleased to announce that I will be staying on with Agtegra to manage the facility in Milbank, and all current employees have been offered employment.”

Agtegra is a South Dakota member-owned cooperative that is over 100 years old. With energy locations in several South and North Dakota communities, we are dedicated to serving the needs of our members, customers, and local communities. We look forward to welcoming UPI employees and customers to the Agtegra family.

“We are excited to announce the acquisition of UPI Petroleum, which represents a significant step forward in our commitment to serving rural communities with energy solutions. This facility not only enhances our operational capabilities but also strengthens our ties with the local community. We look forward to investing in and working alongside Milbank area residents," said Milt Handcock, Agtegra Senior Vice President of Energy.

The acquisition includes all bulk fuel and propane assets, including the c-store located at 313 West 4th Ave in Milbank, South Dakota. Jason and the Milbank team can still be reached at (605) 432-5561.

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