STOCK TITAN

Suburban Propane Collaborates with Rutland Community Cupboard to Stock the Shelves and Provide Fresh Milk to more than 2,700 Families in the Community

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Neutral)
Tags

Suburban Propane Partners, L.P. (NYSE: SPH) has collaborated with Rutland Community Cupboard in Vermont to support local families facing food insecurity. The company volunteered to stock shelves with food and pantry items, and donated funds to purchase 2,778 fresh half gallons of milk for families in need.

Rutland Community Cupboard, which was visited 10,204 times by those in need last year, expressed gratitude for the partnership. Suburban Propane's spokesperson, Nandini Sankara, emphasized the company's support for the cupboard's mission to provide nutritious meals to those facing food insecurity.

This initiative is part of SuburbanCares' broader commitment to supporting communities across the United States. The company has undertaken similar charitable efforts in numerous locations, including New Hampshire, Arizona, Ohio, California, Alabama, New York, Florida, Washington, Massachusetts, Montana, North Carolina, Delaware, Pennsylvania, New Mexico, South Carolina, New Jersey, and Texas.

Loading...
Loading translation...

Positive

  • Suburban Propane's charitable initiative enhances community relations and corporate social responsibility
  • The company's nationwide presence in 42 states with 700 locations demonstrates strong market penetration
  • Diversification into renewable energy sources and low carbon fuel alternatives shows adaptability to changing market trends

Negative

  • None.

News Market Reaction 1 Alert

+0.05% News Effect

On the day this news was published, SPH gained 0.05%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

WHIPPANY, N.J., Oct. 10, 2024 /PRNewswire/ -- Suburban Propane Partners, L.P. (NYSE: SPH), a nationwide distributor of propane, renewable propane, renewable natural gas, fuel oil and related products and services, as well as a marketer of natural gas and electricity and investor in low carbon fuel alternatives, today volunteered at Rutland Community Cupboard in Rutland, Vermont to unload, sort, and stock its shelves with pallets of food and pantry items, while also donating funds to purchase 2,778 fresh half gallons of milk for families in the local community.

"In the last year we were visited by those in need 10,204 times. The milk provided by Suburban Propane will support bones, heart health, and teeth, all needed to live a healthy and dignified life. We are honored to partner with the generous folks at Suburban Propane," said Audrey Bridge, Executive Director, Rutland Community Cupboard.

"Rutland Community Cupboard plays a crucial role in assisting individuals facing food insecurity by providing access to nutritious meals," said Nandini Sankara, Spokesperson for Suburban Propane. "We proudly support Rutland Community Cupboard's mission and extend our gratitude to their dedicated team of volunteers for aiding those in need."

SuburbanCares is committed to supporting community efforts across the United States. Recently, SuburbanCares has undertaken charitable endeavors in numerous communities within Milford, NH; Phoenix, AZ; Dayton and Columbus, OH; Sacramento, San Diego, Santa Rosa and Los Angeles, CA; Huntsville, AL; Saratoga Springs, Syracuse and Albany, NY; St. Augustine, Key West and Lake Worth, FL; Spokane, WA; Boston, MA; Helena, MT; Charlotte, NC; Lewes, DE; Philadelphia, PA; Santa Fe, NM; Columbia and Charleston, SC; New Brunswick, NJ; and Austin, TX.

About Suburban Propane:
Suburban Propane Partners, L.P. ("Suburban Propane") is a publicly traded master limited partnership listed on the New York Stock Exchange. Headquartered in Whippany, New Jersey, Suburban Propane has been in the customer service business since 1928 and is a nationwide distributor of propane, renewable propane, renewable natural gas ("RNG"), fuel oil and related products and services, as well as a marketer of natural gas and electricity and producer of and investor in low carbon fuel alternatives, servicing the energy needs of approximately 1 million residential, commercial, governmental, industrial and agricultural customers through approximately 700 locations across 42 states. 

Suburban Propane is supported by three core pillars: (1) Suburban Commitment – showcasing Suburban Propane's 95-year legacy, an ongoing commitment to the highest standards for dependability, flexibility, and reliability that underscores Suburban Propane's commitment to excellence in customer service; (2) SuburbanCares – highlighting continued dedication to giving back to local communities across Suburban Propane's national footprint; and (3) Go Green with Suburban Propane – promoting the clean burning and versatile nature of propane and renewable propane as a bridge to a green energy future and investing in the next generation of innovative, renewable energy alternatives.

For additional information on Suburban Propane, please visit www.suburbanpropane.com.  

About Rutland Community Cupboard:
Rutland Community Cupboard is located at 65 River St. in Rutland, VT, and open to individuals or families struggling with food insecurity. 100% of the Community Cupboard's operating budget comes from donations. The Cupboard is open Monday, Wednesday & Friday 12:00 p.m. – 2:00 p.m. and Tuesday & Thursday 4:00 p.m. - 5:30 p.m. Senior hours are also available.

For more information, please visit www.rutlandcommunitycupboard.org.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/suburban-propane-collaborates-with-rutland-community-cupboard-to-stock-the-shelves-and-provide-fresh-milk-to-more-than-2-700-families-in-the-community-302273332.html

SOURCE Suburban Propane Partners, L.P.

FAQ

What charitable action did Suburban Propane (SPH) take in Rutland, Vermont?

Suburban Propane (SPH) volunteered at Rutland Community Cupboard to stock shelves with food and pantry items, and donated funds to purchase 2,778 fresh half gallons of milk for families in need.

How many times was Rutland Community Cupboard visited by those in need last year?

According to the press release, Rutland Community Cupboard was visited 10,204 times by those in need in the last year.

What is SuburbanCares and how does it relate to Suburban Propane (SPH)?

SuburbanCares is Suburban Propane's initiative dedicated to giving back to local communities across the company's national footprint. It's one of the three core pillars supporting Suburban Propane's business model.

In how many states does Suburban Propane (SPH) operate?

Suburban Propane (SPH) operates in 42 states across the United States, servicing approximately 1 million customers through about 700 locations.
Suburban Propane Partners

NYSE:SPH

SPH Rankings

SPH Latest News

SPH Latest SEC Filings

SPH Stock Data

1.23B
64.41M
2.64%
41.57%
0.87%
Utilities - Regulated Gas
Retail-miscellaneous Retail
Link
United States
WIPPANY