Heartland, Inc., (OTCBB: HTLJ), is a growing diversified holding company comprised of subsidiaries within several different industry segments. With the most recent acquisitions, Lee Oil Company, Heartland now has annual sales in excess of $130 million and a corresponding EBIDTA of approximately $4.25 million. From structural steel products, custom steel fabrications, construction services and fifty-five gallon steel oil barrels to oil and gas distribution, Heartland is developing broad product and service offerings to provide economic protection and growth opportunities for investors. Heartland intends too grow by acquiring companies with historically profitable results, strong balance sheets, high profit margins, and solid management teams in place, although we cannot provide any assurance that we will be able to close any such acquisition. By providing access to financial markets, expanded marketing opportunities and operating expense efficiencies, we believe Heartland will become the facilitator for future growth and long-term profits. In the process, new synergies among the acquired companies may develop, along for greater cost effectiveness and efficiencies, thus further enhancing each individual company's strengths. The headquarters are located in Cumberland Gap, Tennessee directly on the border of Tennessee, Kentucky and Virginia.
Lee Oil Company
Lee Oil Company, Inc. and it's wholly owned subsidiary Lee's Food Marts, LLC (collectively "Lee Oil) are headquartered in Middlesboro, Kentucky.
Lee Oil Company started in August of 1988 by Gary and Terry Lee as a two person operation and has grown to currently 220 employees and operating 26 convenience stores and selling approximately 40 million gallons of product through a combination of both retail and wholesale operations.
Lee's Food Mart
Lee's Food Marts offers a wide variety of convenient store items with most stores offering in-store fast foods and deli products. Lee's Food Marts is also an operator of drive thru and self service carwashes. All these combine to make Lee's Food Marts a premiere convenient store chain in the markets we serve. Lee's Food Marts operates 26 convenient stores located in Southwest Virginia, Southeast Kentucky and East Tennessee.
Lee's Food Marts markets gasoline, diesel, kerosene and racing fuel under the brand names of BP, Marathon, ExxonMobil and Phillips 66.
Heartland Steel, Inc. located in Washington Court House, Ohio, is a start-up segment of the business that we are working to develop into full fledged service center for the distribution of steel products, value added steel products, steel warehousing and logistics. In just a short period of time, Heartland Steel has become a key player in the steel fabrication and logistics market.
Mound Technologies, Inc. located in Springboro, Ohio, is a fabricator of structural and miscellaneous steel. Products include stairs and railings, both industrial and architectural quality.
Mound provides steel bar joist, metal deck and erection services to complete the metals contract requirements.
Heartland Steel Transportation, LLC. was formed in December 2011 in the state of Ohio. Heartland Steel Transportation was formed to provide transportation and logistics services for Heartland Steels customers and others. Heartland Steel Transportation provides customers a fleet of dependable short and long haul capabilities for box and flat bed trailers covering the entire lower 48 state of America.
|Insider Transactions Reported - Last Two Years|
|Data provided by EDGAR Online|
|* = Where indicated, some values are estimates. |
1= Potential proceeds estimated by the filer.
2= Estimated based on the average of multiple prices reported.
3= Multiple dates reported. Most recent date shown.