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IPS – A family of solutions for the propane industry! IPS Equipment, Inc. is a full line equipment distributor for the propane industry. We specialize in propane equipment, heating and hearth products. Industrial Propane Service, Inc. is a full service company – including propane plant construction & service, propane bobtails and a full line of autogas dispensing systems. Our goal is to exceed our customer’s expectations by providing quality equipment with exceptional service while maintaining current safety and technical requirements.