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30

Action Petroleum LP

Petroleum sales
Company Details
Location: San Antonio, TX
Founders: William "Tex" Farmer, 45
Year Started: July 2001
Initial Investment: $120K

Turned a Profit: 2004
First Million: 2002

2002 Sales: $15M
2006 Sales: $119M

Number of Employees:
Day 1: 17
2006: 160
2007: 180*

* Projected by 2008
Company Background
Action Petroleum's founder William "Tex" Farmer defines success as improving the quality of life for the people in his community. After founding the Texas petroleum sales company in 2001, Farmer credits the company's success to the hard work and dedication of his staff.
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