Meadville Corporation

The Meadville Corporation was an oil company based in Haverford, Pennsylvania. It was founded in 1930[1] in Elizabeth, New Jersey.[2] Fuel was sold at retail gas stations under the brand name "Merit", the logo consisting of a red "M" with the right vertical support cut off. Merit gas stations could be found throughout the Northeastern United States. For many years, Amerada Hess had a large stake in the company. In 2000, Hess acquired the remainder of the Meadville Corporation and rebranded its 178 Merit gas stations as Hess.[3] Those stations are now part of Marathon Petroleum's Speedway brand due to the latter company's purchase of Hess's retail assets in 2014.

Meadville Corporation
IndustryOil and gas
FateTaken over
SuccessorHess Corporation
FoundedJune 9, 1930 (1930-06-09) in Elizabeth, New Jersey
DefunctFebruary 2000 (2000-02)
Headquarters,
Area served
Northeastern United States
ProductsPetroleum refining and distribution

References

  1. "The Meadville Corporation". opencorporates.com. Retrieved April 28, 2018.
  2. Meadville Corporation v. Commissioner, 3 T.C.M. 466 (United States Tax Court 1944).
  3. "Metro Business - Amerada Hess to Expand". NY Times. February 15, 2000. Retrieved July 6, 2015.


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.