Brooklyn company acquires Rocky & Marciano of Holbrook
Brooklyn-based Metro Fuel Oil Corp. is on track to open a biofuel storage and distribution center in Calverton. (Sept. 9, 2011) Credit: John Dunn, 2011
Metro Fuel Oil Corp. of Brooklyn, which recently opened a storage and biofuels blending facility in Calverton, above, said Thursday it had acquired Rocky & Marciano Fuel Oil of Holbrook. Both companies are private, and the terms of the deal, which closed Nov. 23, weren’t disclosed.
Rocky & Marciano’s 2,600 Long Island customers will continue to pay bills to that corporate name, a statement said, although the acquired company and its 10 employees have relocated to Calverton. The oil will be delivered by Metro trucks, according to the company.
Metro opened its million-gallon-capacity storage and blending operation in September in the Enterprise Park at Calverton, on former Navy/Northrop Grumman Corp. property.
Metro was founded in 1942 and says it is one of the metropolitan area’s largest family-owned heating oil, diesel and gasoline suppliers, employing more than 150 people. The company is in the final stages of opening what it says will be the country’s largest biodiesel processing plant, with a 110-million-gallon capacity, in the Greenpoint section of Brooklyn.
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