Houston Chronicle – No. 9 private company: Sun Coast Resources

 

No. 9 private company: Sun Coast Resources

   

   By Louis B. Parks

Updated 10:08 a.m., Monday, June 25, 2012

 
  • Kathy Lehne is at Union Pacific's rail terminal in Houston. Sun Coast Resources has been providing locomotive fuel to U.P. for over two decades. Sun Coast Resources is being recognized as a top private company in the Chronicle 100. Lehne is founder and president of the Houston-based company. Photo: Courtesy Photo / HC
    Kathy Lehne is at Union Pacific’s rail terminal in Houston. Sun Coast Resources has been providing locomotive fuel to U.P. for over two decades. Sun Coast Resources is being recognized as a top private company in the Chronicle 100. Lehne is founder and president of the Houston-based company. Photo: Courtesy Photo / HC
    Kathy Lehne is at Union Pacific’s rail terminal in Houston.
  • A Sun Coast Resources sign is displayed at race in downtown Houston. The company supplied a generator for the event. Sun Coast Resources is being recognized as a top private company in the Chronicle 100. Photo: Courtesy Photo / HC
    A Sun Coast Resources sign is displayed at race in downtown Houston. The company supplied a generator for the event. Sun Coast Resources is being recognized as a top private company in the Chronicle 100. Photo: Courtesy Photo / HC
    A Sun Coast Resources sign is displayed at race in downtown…

  • Sun Coast Resources is being recognized as a top private company in the Chronicle 100. The company has supplied fuel to Union Pacific for more than two decades. Photo: Courtesy Photo / HC
    Sun Coast Resources is being recognized as a top private company in the Chronicle 100. The company has supplied fuel to Union Pacific for more than two decades. Photo: Courtesy Photo / HC

 

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In 2011, Sun Coast Resources was all about rapid growth and expansion.

While the company, which has more than 10,000 active customers, offers a variety of services, including transportation of fuels and a large emergency response team, its main revenue source is physical sales of gasoline, jet and diesel fuels, and lubricants to industrial, commercial and government enterprises in 35 states. It buys products and resells them to customers, including convenience stores that sell gasoline.

Its revenue almost doubled from $876 million in 2010 to $1.6 billion in 2011. Sun Coast also expanded its workforce from about 450 to more than 1,600, of which more than 650 are in the Houston area.

“We’ve grown by internal expansion, where we’ve gone out and signed up new customers,” Sun Coast Senior Managing Director Steve Boyd said. “And we’ve bought existing companies. We have acquired several companies in the last year or so.”

Sun Coast’s revenue last year put it at No. 9 on the Chronicle’s list of top Houston private companies, up from No. 11 the previous year. Boyd is confident revenue this year “will be significantly higher.”

He gives most of the credit for Sun Coast’s recent aggressive growth, which came as many rivals held back, to President and CEO Kathy Lehne, who founded the company at age 23 in 1985.

“She has a very unique knack of identifying an opportunity and executing it quickly, and she has the people and resources in place,” Boyd said. “If she hears about it, she can execute and does execute. And that’s the key in any business, how fast are you at analyzing and executing? On these acquisitions, we beat everybody to the punch.”

About 90 percent of Sun Coast’s total sales are represented by ultra-low sulfur diesel fuels for commercial and industrial concerns.

Among large customers are railroad transportation companies including Union Pacific and BNSF; utility companies including CenterPoint Energy; the Houston Independent School District, coal mines, construction companies, delivery services and sports complexes.

Boyd credits Sun Coast’s size and an experienced staff with helping it beat its mostly smaller competition. The company also offers other services such as the lending of storage tanks.

Parks is a freelance reporter.

louisparks@gmail.com

Overall rank Company Type of business 2011 revenue (millions) Total employees Houston area employees Year founded Top executive
1 Gulf States Toyota Independent distributor of Toyotas to 154 dealerships in Arkansas, Louisiana, Mississippi, Oklahoma and Texas [More...] $5,000 2,000 1,930 1969 Tom Bittenbender, senior vice president, field operations; Jeff Parent, senior vice president, distribution and strategy, Dan Friedkin, chairman and CEO [More...]
2 Vinmar Group Marketing, distribution, project development, petrochemicals [More...] $4,770 425 120 1978 Hemant P. Goradia
3 Tauber Oil Co. Independent marketer of petroleum, petrochemical and natural gas products [More...] $4,400 86 85 1953 David W. Tauber, Richard E. Tauber [More...]
4 Nexeo Solutions Connecting producers and customers of chemicals, plastics, composites and environmental services [More...] $4,012 2,313 179 2011 David Bradley
5 Grocers Supply Co. Wholesale and retail grocery business [More...] $3,200 10,200 6,300 1923 Max Levit
6 Academy Sports + Outdoors Sporting goods, outdoors and lifestyle retailer with 142 stores in 11 states [More...] $3,000 17,000 4,882 1938 Rodney Faldyn
7 Goodman Global Group Manufacturer of residential and commercial heating and cooling products and systems [More...] $2,100 4,557 1,944 1982 David Swift
8 Landry’s Dining, hospitality, entertainment and gaming [More...] $1,800 46,700 7,830 1980 Tilman J. Fertitta
9 Sun Coast Resources Distributor of wholesale fuels and lubricants; emergency fuel response provider [More...] $1,600 1,244 581 1985 Kathy Lehne
10 EnerVest Onshore oil and gas acquisition, development and production [More...] $1,204 800 240 1992 John B. Walker
11 The Attachmate Group Enterprise software company, with principal holdings Attachmate, NetIQ, Novell and SUSE [More...] $1,200 4,000 300 1981 Jeff Hawn
12 Rockwater Energy Solutions Fluids management services and environmental solutions [More...] $1,030 3,000 970 2011 Larry O’Donnell III
13 Citation Oil & Gas Corp. Oil and gas acquisition, exploitation and production [More...] $1,016 510 200 1981 Curtis Harrell
14 Universal Weather and Aviation International flight planning and flight support services provider for business aviation [More...] $973 1,700 647 1959 Greg Evans
15 S&B Engineers and Constructors and affiliates Engineering, procurement, construction and management services to the refining, petrochemical and chemical, midstream and power industries [More...] $864 3,866 2,300 1967 W. A. Brookshire
16 Silver Eagle Distributors Distributor of Anheuser-Busch and Modelo products and other beverages [More...] $864 1,258 838 1961 John Nau III
17 Frank’s International Oil-field services $850 3,600 300 1981 Keith Mosing
18 FleetPride Independent distributor of heavy-duty truck and trailer parts [More...] $800 2,500 80 1999 W.M. McGee
19 J.B. Poindexter & Co. Commercial truck bodies, step vans, pickup truck caps, funeral coaches and limousines, oil and gas industry equipment and packaging materials [More...] $708 3,348 16 1985 John Poindexter
20 David Weekley Homes Single-family home builder [More...] $624 680 280 1976 David Weekley
21 Triple-S Steel Holdings Steel service center $620 600 300 1960 Gary Stein
22 Coutinho & Ferrostaal Inc. International steel trading and trade services [More...] $600 75 64 2008 Hernan Guajardo
23 Valerus Integrated gas processing solutions, including compression, processing and treating, production equipment and associated services [More...] $594 1,300 300 2002 Pete Lane
24 Glazier Foods Co. Food service distributor servicing restaurants, schools, hospitals, hotels, country clubs [More...] $592 570 395 1936 James J. Spring III, chairman; John H. Miller, president [More...]
25 Victory Packaging North American packaging distributor [More...] $585 1,081 93 1976 Benjamin Samuels
26 Amerisource Funding Working capital financing and outsourced management services to small and middle market companies [More...] $577 65 58 1984 Jason Floyd, D. Michael Monk [More...]
27 N.F. Smith & Associates Electronics distributor $513 350 185 1984 Marcus Barnhill, Matthew Hartzell [More...]
28 G&A Partners Professional employer organization, human resources and administrative services provider [More...] $475 125 91 1995 Tony Grijalva
29 Doggett Equipment Services Group 18 John Deere construction and forestry dealerships and 8 Toyota industrial equipment dealerships [More...] $457 742 237 1993 Leslie Doggett
30 Lewis Food Town Grocery stores $455 1,975 1,975 1994 Ross C. Lewis
31 Crane Worldwide Logistics Full-service global logistics and freight-forwarding company [More...] $420 1,000 188 2008 John Magee
32 Satterfield & Pontikes Construction General contractor with offices in Austin, Dallas/Fort Worth, Houston, San Antonio and New Orleans [More...] $416 357 139 1989 George A. Pontikes Jr.
33 Energy Alloys Global provider of oil field metals and services [More...] $410 552 259 1995 Dave Warren
34 Williams Brothers Construction Co. Highway and bridge construction [More...] $401 1,830 1,385 1955 Doug Pitcock
35 SpawGlass General contractor $398 515 170 1953 Joel Stone
36 Benchmark Hospitality International Management and marketing of resorts, conference centers and hotels [More...] $367 4,878 215 1980 Burt Cabanas
37 Perry Homes Home builder $354 324 300 1967 Bob Perry
38 PFP Technology Natural polymers and chemicals (oil and gas industry) [More...] $353 29 29 2001 Asoke Deysarkar
39 Aquinas Cos. Manages a portfolio of operating companies primarily focused on construction and real estate [More...] $345 479 241 1950 Leo Linbeck III
40 Black Elk Energy Oil and gas $340 125 94 2007 John Hoffman
41 Triten Corp. Engineering and construction for the hydrocarbon processing, metals manufacturing [More...] $337 290 200 1946 John Scott Arnoldy
42 McGuyer Homebuilders Residential construction and land development. (Plantation Homes, Coventry Homes, Carmel Builders) [More...] $325 326 193 1988 Frank McGuyer
43 Strike Construction Pipeline products and services including construction, maintenance and repair; flow measurement systems [More...] $324 1,800 500 2003 Steve Pate
44 JD Fields & Co. Wholesale distributor of steel pipe and piling [More...] $307 35 20 1985 Jerry Fields, Jay D. Fields, J. Patrick Burk [More...]
45 Ranger Steel Steel plate distributor $300 25 22 1958 Ron Whitley
46 Gerland Corp. Food Fair, Food Town and Grand Market grocery chains [More...] $295 1,600 1,600 1961 Kevin Doris
47 Tellepsen Corp. General contractor $280 575 575 1909 Howard T. Tellepsen Jr.
48 The Plaza Group Marketing services for the petrochemical industry [More...] $272 18 14 1994 Randy Velarde
49 Cosentino North America Manufacturer and distributor of natural stone, quartz surfaces and recycles surfaces [More...] $271 750 145 1998 Eduardo Cosentino
50 Strategic Materials Source, recycle and sell glass, plastic and related by-products [More...] $251 1,200 45 1989 Bill Waltz, CEO; Curt Bucey, president [More...]