Blue Rhino

Blue Rhino

Infobox_Company
company_name = Blue Rhino
company_
company_type = Business Unit of Ferrellgas NYSE: [http://stocks.us.reuters.com/stocks/overview.asp?symbol=FGP.N FGP]
foundation = 1994
founder = Billy Prim
location_city = flagicon|USA Winston-Salem, North Carolina
location_country = USA
homepage = [http://www.bluerhino.com/ www.bluerhino.com]

Blue Rhino was cofounded in 1994 by Billy Prim and Andrew Filipowski, both North Carolina businessmen, with the goal of building a national brand of propane tank exchange that would capitalize on the growth in gas grill sales and year-round grilling. At the time, propane tank exchange was viewed as a commodity and a large number of consumers got their tanks filled by various vendors.

A national distribution network was constructed and retailer partnerships were established. Today, the distribution network maintains a presence in all fifty states, Puerto Rico. The company was named Blue Rhino after the strong, tough, interesting and fun-loving animals Prim had admired on a trip to Africa.

In April 2004, Blue Rhino was acquired by Ferrellgas, the nation's second largest propane retailer and Fortune 1000 company, for approximately $340 million USD. The venture provided Ferrellgas with a presence in the growing propane tank exchange market, and Blue Rhino's headquarters remained in Winston-Salem, NC.

Blue Rhino is also a leading designer and marketer of barbecue grills, outdoor heaters, mosquito elimination appliances and other outdoor appliances.

Blue Rhino is also the organization behind Rhino-Power, a carbon dioxide cylinder that is able to be exchanged at retailers across the country. Rhino-Power has a variety of uses, but is primarily used as a propellant for both paintball guns and construction tools.

External links

* [http://www.bluerhino.com/ Blue Rhino web site]
* [http://www.ferrellgas.com/ Ferrellgas web site]


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