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Posted: Tuesday, 24 November 2009 3:12PM
Jim Palmer Trucking Sold
Chelsea Rabideau (11/24/09)
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A Missoula-based trucking company battling bankruptcy, now has new owners. Jim Palmer Trucking announced Friday the company has been sold to two Chicago businessmen. The two operate a small flatbed truck service out of Chicago. They plan to expand Jim Palmer Trucking to the east coast. All 280 employees will keep their jobs. President Lonnie Wallace says spirits within the company are high. He says, "the first emotion was maybe a bit of sorrow for Mr. Palmer, the second phase of that came from the excitement of no longer being uncertain of our future." The new owners, Milan Kangrga and Blazo Gjorev plan to continue running the company without making significant changes. Jim Palmer will stay on as a consultant. Kangrga says he believes the company will serve as a solid base for growing the business.
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