UGI Corp: A Public Utility Holding Company

It was in February 1968 that United Gas Improvement Co. changed its name to UGI Corporation. The business serves as a holding company for various public utility businesses. Based in King of Prussia, Pennsylvania, the company’s history traces back to its inception in 1882.

The business serves more than 570,000 natural gas and 60,000 electricity consumers in the central and eastern areas of Pennsylvania. Some of the areas it services, include Allentown, Bethlehem, Easton, Hazleton, Harrisburg, Huntingdon, Lewiston, Lewisburg, Lancaster, Lock Haven, Reading, Shippensburg, Scranton, Williamsport ad Wilkes Barre. Its businesses involve the distribution, storage, transportation and marketing of energy products and other related services domestically and internationally. They are also into providing ventilation, air conditioning, refrigeration, heating and electrical contracting services regionally.

UGI Corp’s subsidiaries include the brand names, HVAC, UGI Energy Services, UGI Utilities, FLAGA Group, Antargaz, Avantiga, Amerigas and Heritage Propane. In 2013, as part of their international operations, UGI Corp was able to market more than 9 million gallons of LPG in China.