Miller Pipeline purchases Illinois-based contractor

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Indianapolis-based Miller Pipeline Corp. announced Monday morning that it has purchased Illinois-based Elcon Pipeline Inc., marking the company’s fifth acquisition in the past four years.
   
Terms of the deal were not disclosed.

Miller Pipeline, a natural gas distribution, transmission pipeline and utility contractor, now has a presence in 23 states, stretching from Florida to Indiana and from New Jersey to Kansas. Elcon is located in Rosamond, Ill., south of Decatur. It is a contractor for the St. Louis-based Ameren Corp. utility.
 
“This acquisition provides Miller with the opportunity to enter a new geographic market and develop long-term relationships with new customers,” Miller Pipeline CEO Doug Banning said in a prepared statement. “Consolidating our efforts enables us to offer gas distribution, transmission and repair services to the utility marketplace in Illinois.”

Founded in 1953, Miller Pipeline is owned by Evansville-based Vectren Corp.
 

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In