TheTimesTribune.com, Corbin, KY

Local News

March 26, 2014

Lykins Energy buys R.C. Miller Oil

CORBIN — By Jeff Noble / Staff Writer

An Ohio energy company with London connections has bought a Corbin oil company.

In an announcement Tuesday, Lykins Energy Solutions in London has purchased R.C. Miller Oil Company, which is located at 5581 South U.S. Highway 25 in Corbin.

Lykins officials said with the acquisition, R.C. Miller Oil would become Lykins Energy Solutions in Corbin.

In business since 1948 and formerly known as Lykins Oil, Lykins Energy Solutions has a bulk plant at 500 Fariston Road in London.

Lykins Energy President Jeff Lykins noted Tuesday the company has hired all of R.C. Miller’s employees, with Mark Richardson continuing to work for the company making deliveries.

“R.C. Miller’s customers should see little change in the company’s operations. Lykins Energy Solutions will be working out of their current bulk plant in London and the R.C. Miller phone number will be moved to that location... Lykins Energy is proud to have the opportunity to purchase R.C. Miller and we look forward to taking care of R.C. Miller’s customers the same way they have been taken care of for many years,” he said in a news release from the Lykins headquarters in Milford, Ohio.

R.C. Miller Oil Company was founded in 1957 by R.C. Miller, an active member of the community, who was a school teacher, businessman and served as Corbin’s mayor for several years.

Miller died in 1977 with no heirs except for a niece and nephew who had worked for him.

Both his nephew and niece took over the operation of the business from 1997 to 2004.

Mark Richardson began working with R.C. Miller Oil in 1984, and took over business operation in 2004, when both Miller’s niece and nephew retired.

A company where oil and gas have been their main focus, Lykins Energy Solutions serves customers in Kentucky, Ohio and Indiana, and throughout the Midwest and Southeastern states.

They currently employ 250 people.

The company supplies the region with energy products and services, including branded fuels, wholesale fuels, commercial, transportation and home heating oil, propane, lubricants, energy and natural gas.

Lykins Energy represents six major brands — BP, Clark, ExxonMobil, Gulf, Marathon and Shell — that are sold to independent gasoline dealers.

The company’s website said Lykins Energy has grown to become one of the 100 largest privately held companies in Ohio, one of the top 10 largest petroleum marketing companies in that state, and one of the oldest and largest petroleum marketing companies in the region and in the United States.

Founded in 1948 by Guy “Bandy” Lykins, the family owned and operated company is now in the third generation of management. Their website noted they plan to double their size in the next five years due to acquisitions and expansion of their current products and services.

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