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Lykins Energy Solutions company history timeline

1948

“Since 1948, Lykins Energy Solutions continues to grow and support economic growth in our community,” said Karen Wikoff, former executive director of the Milford Miami Township Chamber of Commerce.

1948, Guy "Bandy" Lykins, a tenant farmer, decided to open a "White Rose" service station in Newtonsville, Ohio in order to support his family.

1953

1953, A local Gulf distributor bought the station.

1963

1963, Guy continued his commitment to his customers.

1965

President Jeff Lykins said customers of the Wiley Oil Co., a home heating and commercial fuel business founded in 1965, will see little change.

1967

1967, Lykins builds its first office in Newtonsville, Ohio.

1969

1969, The two brothers open Lykins Sales and Service, a lawn equipment dealer.

1981

1981,The Company left Gulf Oil and became a Pennzoil marketer.

1982

1982, Lykins moves to Milford.

1985

1985, The first Lykins-owned convenience store opens in Bethel.

1986

1986, Lykins becomes a Citgo marketer and expands its transports into Premier Tank Lines, which operated as a common carrier of petroleum products in 9 states.

1987

1987, Lykins expands again and moves to 5,000 square feet of office space in Park 50 TechCenter.

1989

1989, Lykins founds Emerald Green Lawn Care, which has 15 franchises in 11 states.

1990

1990, Guy Jr. sells his stock in the Company to his son, Ron, and to Don and his two sons, Jeff and Mike.

1991

1991, The company expands to 9,500 square feet in Park 50.

1992

1992, Lykins becomes a lube distributor for Pennzoil and acquires Country Folks Restaurants, a chain of four family-style restaurants.

1994

1994, Several changes occurred: Emerald Green Lawn Care is sold to Benchmark Associates; Country Folks Restaurants are sold; Lykins Sales & Service (the power equipment business) is sold and becomes Clermont County Equipment; and Lykins purchases a Fuelman franchise a total fuel management system.

1995

1995, Lykins purchases Miami Marathon, a small heating oil marketer.

1996

1996, Lykins Oil Co, Inc is changed to Lykins Companies, Inc and wholly owned subsidaries set up - Lykins Oil Company, Lykins Transportation, Inc, Lykins C-Stores, Inc, and Lykins Realty, Inc.

1997

1997, Lykins Oil Company, Inc. is split into four subsidiaries Lykins Oil Company, Lykins C-Store, Inc., Lykins Transportation, Inc. and Premier Tank Lines, Inc.

1998

1998, The stock of Premier Tank Lines is sold to allow Lykins to concentrate on its own fleet in Lykins Transportation.

1999

1999, Jeff Lykins takes over for Don, as President and Don becomes the Chairman of the Board.

2000

2000, Lykins expands again and moves to its current, 12,000 square foot location in Milford and employs 250 people.

2001

2001, Lykins purchases the heating oil and commercial segment of Bruce Miller Oil Company and Columbia Oil Company.

2002

2002, Lykins purchases Georgetown Oil Company (OH).

2003

2003, Lykins purchases Steve Krebs Oil Company and MC Russell Oil Co.

2004

2004, Lykins purchases the Transportation division of Columbia Oil Company.

2006

2006, Lykins named exclusive reseller of Nexol Bio Diesel for Southern Ohio, Western Indiana and Kentucky.

2007

2007, Lykins purchases Hamilton Oil Co. (KY), DeBoard Oil Co., J&L Equipment & Oil Co., Hively Oil Co., Tucker Oil Co. and Wilson Oil Company.

2008

2008, Lykins restructures divisions to better focus on its core business and also purchases Jabob Hively Oil Company and Bill Leasure Oil Company.

2009

2009, Consolidation of BP Consumer Marketing Group and purchase of related properties.

2011

Wiley is the ninth company Lykins has bought since 2011.

2011, Lykins purchases Brinkman Oil Company, Silver Star Fuels, Co-Alliance Oil, Grant County Oil’s bulk plant/home heat/commercial/wholesale business, and Royce Adams Oil Company.

2013

2013, Lykins introduces Eco-Supreme diesel fuel.

2014

2014, Lykins Oil Company changes their name to Lykins Energy Solutions.

2015

2015, Lykins purchases STEP Resources.

2016

Lykins Energy Solutions employs about 330 people and had revenues of $642 million in 2016, according to this year’s Deloitte list.

2016, Lykins purchases Campbell Oil's heating oil and commercial fuels business.

2016, Lykins expanded corporate headquarters by adding an additional 6,000 sq. feet.

2016, Lykins ECO Supreme Logo & name are trademarked.

2017

Lykins Energy Solutions recently ranked 19th in the 2017 Deloitte Cincinnati USA 100.

2017, Lykins purchases Wiley Oil.

2019

2019, Lykins purchases Kelly Oil in Milan, IN.

2019, Lykins Energy Advisors Logo & name are trademarked.

2019, Lykins Energy Solutions remodels office to open concept design with all new workstations.

2020

2020, ECO Supreme Logo becomes trademarked.

2021

2021, May 1st, Lykins Energy Solutions sells its wholesale fuel division to Colonial Fuels.

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Founded
1948
Company founded
Headquarters
Milford, OH
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Lykins Energy Solutions may also be known as or be related to Lykins Companies, Inc., Lykins Oil Co and Lykins Energy Solutions.