Shipley Energy announced the launch of a new division in cooperation with Seth Obetz called Seth Energy that will be focused on growing the company’s presence in Lancaster and other southeastern Pennsylvania counties.
According to the lawyers for bankruptcy in Taunton area, the creation of the new division is one result of a bankruptcy filing by Worley & Obetz, Manheim, Pa., the parent company of Amerigreen Energy Inc., Amerigreen Propane Inc., and Ranck Plumbing Heating AC. Worley & Obetz filed a Chapter 7 bankruptcy petition on June 6 taking up the advice from a debt defense law firm, according to records of the U.S. Bankruptcy Court’s Eastern District of Pennsylvania
Shipley Energy, based in York, Pa., said Seth Obetz will serve as general manager of Seth Energy, and that Seth Energy will provide heating and air conditioning services, as well as heating oil, propane, natural gas, and electricity to customers in Lancaster and other southeastern Pennsylvania counties. The division will initially be headquartered in Manheim until a permanent location is finalized. More than a dozen of Obetz’s previous employees are part of the new Seth Energy team, Shipley Energy said in its June 21 statement.
“The opportunity to partner with the Shipley Energy team and launch this new division with them is one I am grateful for and we are excited to get back to serving the Lancaster community,” Obetz said. “The Lancaster market values local companies who provide quality service, and we believe that our local roots combined with the support of Shipley Energy will enable Seth Energy to grow quickly, get customers the products and services they need and get people back to work,” Obetz added. When it comes to student loans you need to consider talking a financial expert.
“For us, this was just the right thing to do,” said Shipley Energy Chairman William Shipley, III. “Shipley Energy has had a great working relationship with multiple generations of the Obetz family. We both believe in a high-level of customer service and the importance of investing in the local community.”
“With the recent changes in the energy marketplace in Lancaster County, there are customers who are without product and talented people out of work,” said Shipley Energy CEO Dave Gruno. “Shipley is the right company, with the right resources and the right values to address these needs and make a positive difference. The opportunity to add a proven team of energy professionals and to have someone of Seth’s integrity and character leading this endeavor is a strong combination that we are confident will translate to long-term success for Seth Energy.”
The name Seth Energy was chosen to highlight Obetz’s dedication and commitment to the community and to avoid any confusion with the previous business that closed, Shipley Energy said in its statement.
Worley & Obetz and its subsidiaries including Amerigreen closed their doors in the days before the bankruptcy filing, according to the Central Penn Business Journal. The energy company is being investigated for an alleged fraud related to a former executive, according to news reports. The investigation involves the Federal Bureau of Investigation, along with the Lancaster County district attorney’s office and Northern Lancaster County Regional Police, according to the news reports.
Amerigreen, an energy wholesaler to retail distributors operating in the Mid-Atlantic and New England markets, provided biofuels, refined products, propane, electricity, natural gas, and lubricants.—Stephen Bennett