Foster Fuels Inc.

Description

Established in 1921, Foster Fuels, Inc. is a third-generation Foster family owned-and-operated business headquartered in Campbell County Virginia. Foster Fuels now serves customers in all regions of the United States. Foster Fuels begain serving central and southside Virginia in 1921 when L.H. Foster arranged with Texaco to become the area's first Texaco jobber. He worked diligently to fulfill the petroleum needs of the community. His two sons, L.H. Foster Jr. and Watt Robert (Bobby) Foster, continued his work and expanded the business by acquiring other jobbers. In 1960, they started a propane gas distributorship which became one of the largest and most successful in Virginia with almost 5,000 customers. In September 2002, the Fosters made the decision to sell the propane division. Following that time, Foster Fuels, Inc. continued to grow in the bulk petroleum distribution business by offering first-rate service and sound, competitive prices. They also continued to market kerosene, home heating oil, diesel, and gasoline to residential, farm, small distributors, and retail customers. Today, Foster Fuels is in its third generation of Foster family ownership under Watt R. Foster, Jr. Foster Fuels is now approaching 50 million gallons of annual petroleum sales. In 2003, the transport division has added a depot in Montvale, and continues to experience solid growth. In 2006, after a four year absence in the propane gas market, Foster Fuels, Inc. announced the rebirth of a...

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