Joseph Armentano is the Chief Executive Officer of Paraco Gas Corporation, one of the most highly recognizable company brands in the propane industry. With more than 425 employees, 28 locations, and $150 million in annual revenue, Paraco is the largest independent propane marketer in the Northeast.
Over the last forty years, Joe has overseen Paraco’s tremendous growth, acquiring 53 companies primarily independent propane companies and family businesses. Today, Paraco services over 110,000 residential and commercial customers. Through its barbecue exchange program, Paraco’s cylinders are found in the homes of over one million consumers.
Joe was born in Mount Vernon, New York, the oldest son in a family of four boys. Joe attended Fordham University in Bronx, New York, and graduated in 1976 with a Bachelor of Arts degree in history. He went on to earn his Masters of Business Administration from Iona College in 1988.
Joe’s Father, Pat Armentano, was a visionary and entrepreneur. He started a a welding supply and industrial gas company called Patsems, Inc. from a small garage in Mount Vernon, New York in 1968.
Patsems became Paraco in 1979 with the purchase of a small family business of the same name in Peekskill, New York. The company has recently completed its 53rd year in business.