Pilot Flying J Expanding

(BRK.A), (BRK.B)

One of Berkshire Hathaway’s newest acquisitions, travel center company Pilot Flying J, is adding locations.

The company will be opening three new locations in Arizona, Florida and Texas.

The new Pilot Flying J store in Tucson, Arizona, will feature nine truck parking spots, a Subway restaurant, four diesel fuel lanes, and in a nod to the emergence of electric cars, 10 Tesla charging stations.

The new Bartow, Florida, location will feature 38 truck parking spots, six diesel fuel lanes, three showers, and an Arby’s restaurant.

And the Pilot Flying J that will open in Odessa, Texas, will be the largest of all. The location will feature 93 truck parking spots, eight diesel fuel lanes, seven showers, and a Dunkin’ Donuts Express.

“We’re thrilled to serve the communities of Bartow, Odessa and Tucson with the expansion of our network this month to deliver convenience, quality, great service and added value to local residents and professional drivers traveling the nation’s highways,” Ken Parent, president of Pilot Flying J, said.

Pilot Flying J gives truck drivers access to 72,000 parking spaces at 750 Pilot and Flying J Travel Centers across North America.

In October 2017, Berkshire Hathaway made a $2.76 billion investment for a minority share in Pilot Travel Centers with the goal of becoming the majority owner in five years.

© 2018 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.