About Yancy Minerals LLC.
Yancy Minerals LLC is an award winning, certified minority supplier and certified minority broker of coal, urea, sulfuric acid and molten sulfur with 30+ years of untarnished history successfully serving Fortune 500 companies and top utilities.
Beginning in the coal business as a broker in the 1970’s, President and Founder Earl Yancy gave up his Loeb Fellowship at Harvard University Graduate School to begin his new life as an entrepreneur. At that time the industry consisted of a loose knit group of private individuals. For the first three to four years, Mr. Yancy spent three weeks of each month traveling through small towns in eastern Kentucky and West Virginia meeting with independent miners and mine operators over breakfast at a local restaurant, forging the type of lasting relationships that would be the hallmark of his success.
Consistent Growth
American Motors represented the company’s first big order. Having developed a reputation of integrity and strong business acumen, by the late nineteen seventies Yancy had formed relationships with some of the nation’s leading suppliers including Peabody Energy, Occidental Petroleum Corporation, CONSOL Energy, Pittston Coal Company, and Westmorland Coal Company. With substantial sources in place, Yancy was able to secure major accounts with leading Fortune 500 companies including Proctor & Gamble, Champion Paper Company, Lone Star Industries, RJ Reynolds, Pepperidge Farm, Tennessee Valley Authority, DuPont, and AT&T among others.
Certified Minority Supplier and Certified Minority Broker Status
During the late seventies Yancy Minerals LLC achieved a number of important MBE certifications that opened the doors to greater business opportunities with leading corporations, utilities and strategic departments of the US government. The certifications include:
- NMSDC Certified Minority Supplier
- SBA 8A Minority Supplier Certification
- US Government MBE Supplier Program Certification
- Purchasing Council MBE Certified Broker
Yancy Mineral’s LLC long standing customer base grew to include US Steel, US Department of Defense, US Department of Energy, US Mint, and the Ford Motor Company, for whom Yancy Minerals continues to be the company’s sole source supplier of coal for their facilities.
Calling On the Wisdom of Mentors
Known for his “sharp business acumen,” as noted by R.M. Jensen, Director of Supplier Diversity Development of the Ford Motor Company, Earl Yancy called upon his mentor, John Seiler, Dean of a Graduate School of business, to help him form an independent Board of Advisors to direct the future of the company. In 1979, Mr. Seiler and Mr. Yancy assembled an outstanding 12-member board of highly accomplished and diverse individuals, whom he chaired until 2008. The Board continues today to influence the course of the company through assessment and planning.
Growth Through Partnership: Welcoming The Lucas Group
In 2008, Yancy Minerals LLC formed a partnership with The Lucas Group, a Boston-based strategic consulting and investment firm consisting of former partners from leading consulting organizations. With its vast industry experience and financial resources, Yancy Minerals LLC is able to offer clients enhanced added value services such as strategic advice, research, and analytic support, as well as financial support for special opportunities and international fulfillment. To read more about the partnership, visit The Lucas Group page.
Growth Through Product Expansion
By 1985 Yancy Minerals LLC had achieved over $40 Million dollars in annual sales. The company added new product divisions to include metals and fertilizer. In 2008, Yancy Minerals reached an agreement with ICEC, International Commodities Export Corporation, to market its urea, sulfuric acid and molten sulfur to selected customers. To read more about the strategic agreement, visit the ICEC page. To learn more about urea and sulfur products click on the corresponding link.
Yancy Minerals LLC Philosophy
Yancy Minerals seeks to build long term relationships based on trust, reliability and quality. After more than 30 successful, untarnished years, we continue to strive for 100% satisfaction. Yancy Minerals is committed to meeting client’s needs by fulfilling expectations and seeking opportunities that add value to the services and expertise we provide. By enhancing our capabilities through strategic partnerships, clients benefit from smarter business transactions that can be expedited with confidence.
Work with a company you can trust to deliver. Call: (203) 389-0204 to discuss your business needs.
Yancy Minerals LLC – Minority Owned, Leading with Integrity
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