Motorcoach

Fullington family re-purchases outstanding shares of company stock

Posted on January 19, 2018

Michael and Lory Fullington are committed to continuing the legacy of service passed down through four generations of Fullingtons over the past 110 years.
Fullington Auto Bus Co.
Michael and Lory Fullington are committed to continuing the legacy of service passed down through four generations of Fullingtons over the past 110 years.
Fullington Auto Bus Co.

State College, Pa.’s Fullington Auto Bus Co. is once again owned 100% by the Fullington family, with Michael and Lory Fullington re-purchasing all outstanding shares of the company stock owned by previous parent company, RATP Dev.

“We’re excited to begin the new year, a re-birth of sorts, with total ownership and control of the company,” said Michael Fullington.

“We can now focus our organization exclusively on meeting the transportation needs of our customers,” added Jonathan Berzas, president/CEO of the company.

The company began operations in 1908 when Emerson M. Fullington and his three sons began a livery and surrey company in Clearfield, Pa. Michael and Lory Fullington are committed to continuing the legacy of service passed down through four generations of Fullingtons over the past 110 years.

“That’s my family’s name on the sides of those buses,” remarked Michael Fullington. “I feel a personal responsibility for making sure we honor that legacy in everything we do as a company.”

In 2009, RAPT Dev, the fourth largest ground transportation company in the world, approached Aerial Fullington Weisman, CEO of Fullington at the time, about partnering to enter the U.S. Market. The decision was made to sell majority ownership of the company to RAPT Dev.

Over the past nine years the company has grown and prospered. “We’ve learned a lot from each other,” said Berzas referring to the relationship between the two companies. “And we’re pleased with what we were able to achieve together.”

Negotiations for the re-purchase of the company began in early 2017 and concluded in December.

“We’re really proud of where we’ve been and where we are right now. And we’re excited about where we’re going,” said Michael Fullington.

View comments or post a comment on this story. (0 Comments)

More News

DATTCO operator named Conn.'s Motorcoach Driver of the Year

John Davis’ career as a motorcoach operator spans more than three decades and over three million miles driven.

Dean Trailways adds 2 Van Hool CX45s

The coaches are equipped with Cummins engines, Wi-Fi, satellite TV, and outlets with USB ports.

Tenn.'s Premier Transportation adds 6 new Van Hools

Order includes three CX35 and two CX45 models, as well as one TX model with in-seat audio.

Prevost names new coach regional sales manager

Dale Paziuk joined Prevost in 1999, beginning as a field service representative serving the Northwest, will serve in Western Canada and Northwestern U.S..

Crowdsourced tech company, OurBus, expanding in Northeast

New route will connect Washington, D.C; Philadelphia; Allentown, Pa.; and Binghamton and Ithaca, N.Y., effective September 21.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation