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NOCO ENERGY DROPPING PROPANE TANK EXCHANGE FOR USE ON GAS GRILLS

Noco Energy Corp. is getting out of the business of exchanging propane tanks that gas grills use.

Noco has turned that business over to Irish Propane Corp. in Buffalo, the authorized Blue Rhino distributor in the Buffalo Niagara region. The terms of the deal were not disclosed.

Noco had serviced about 100 locations, including about 35 of its own stores. Noco will continue selling propane for residential home heating and to businesses and wholesale distributors.

Noco executives said the company got out of the cylinder exchange businesses because it could not compete with Blue Rhino, which exchanges about 6 million cylinders a year in 46 states.

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