Oil Company Announces Indiana Expansion

Posted: Updated:

Illinois-based Pioneer Oil Company Inc. has announced a new Vincennes operation. The company is planning to move into a vacant downtown building that will house more than three dozen workers. August 28, 2013

News Release

VINCENNES, Ind. - Steve Miller, CFO of Pioneer Oil Company, Inc. ("Pioneer"), has announced the company's expansion from Illinois into Vincennes, Indiana. Pioneer has purchased property at 4th and Main in Vincennes (formerly known as the Hills Building). The location will physically house around 40 employees with another 175 workers attached to the new location. Mr. Miller thanked the Knox County Development Corporation (KCDC), the mayor's office and Klein Realty for all of their assistance in helping his company in choosing a Knox County location.

Vincennes Mayor Joe Yochum is very enthusiastic about the announcement, "We are very, very excited that Pioneer Oil has chosen downtown Vincennes and we are looking forward to the high caliber of employment they bring to the area. It was great working with KCDC and Heath Klein of Klein Realty who helped tremendously in making it all happen," he continued.

According to Mark Gerkin, Chairman of the board of KCDC, "the location chosen for Pioneer Oil means great things for downtown Vincennes. It is a great company whose downtown presence will directly benefit the restaurants, retail and other businesses located in Vincennes. It is a big win for Knox County and we welcome them."

About Pioneer Oil:

Pioneer and its affiliated companies, Pioneer Oil Field Services, Inc. and Franklin WellServices, Inc. are the most vertically integrated oil and natural gas exploration, production and service companies in the Illinois Basin.

For more information on Pioneer Oil and the history of the company, visit http://www.pioneeroil.net

About KCDC:

The Knox County Development Corporation (KCDC) is the first contact source for economic development in Knox County Indiana. The KCDC is always sensitive to changes in the economy. We make it our business to stay ahead of the curve to ensure our labor force is ready when change comes. Talk to us. We will work with you to provide a home for your company in Knox County, Indiana.

Our operating budget is largely privately funded. KCDC also receives funding through its contracts with the city of Vincennes and Knox County to provide economic development services. Our stated mission is: "To maintain and improve the quality of life, including environmental concerns, for the citizens of Knox County by developing the overall economy of the county."

For More information on KCDC visit http://kcdc.com

Source: The Knox County Development Corp.