Simmons Foods sells energy assets

Simmons Foods Inc. has left the energy business and sold its propane assets to MFA Oil Co., a farmer-owned cooperative.

The price was not disclosed. With the deal, MFA Oil plans to offer jobs to a majority of workers at Simmons Energy Solutions, a small propane supplier with locations in Decatur and Jay, Okla.

Siloam Springs-based chicken processor Simmons Foods will help all workers affected by the transition, said David Jackson, the company’s chief operational officer.

“As a food company, we have determined that propane operations are outside of our core business,” he said in a statement. “We are confident that we leave our customers in good hands.”

MFA Oil, based in Columbia, Mo., has been supplying fuels, propane and other petroleum products to farmers for tractors, chicken houses and other needs since 1929.

The sale was completed Aug. 31, Simmons Foods spokesman Julie Maus said in an email Thursday.

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