Jobbers World Online News Briefs is a service to
Subscribers to the Jobbers World Newsletter.
PETROLIANCE LLC ACQUIRES AV LUBRICANTS |
PetroLiance LLC, which was formed last year
through the consolidation of four of the
nation's largest ExxonMobil distributors, has
completed its first acquisition. The company
today announced it has purchased the assets
of Columbus-based AV Lubricants Inc.,
effective Sept. 1, 2007.
A leading provider of lubricants to the
aviation industry and to mining operations in
Ohio, Kentucky and neighboring states, AV
Lubricants is one of the most successful
companies in its field. That's why it was
instrumental to PetroLiance LLC to acquire
this innovative and rapidly growing company.
The acquisition has expanded the PetroLiance
family.
The acquisition will benefit the customers
and employees of both PetroLiance and AV
Lubricants, says PetroLiance CEO Kevin
McCarter. "AV Lubricants is a strong,
well-run company that is widely recognized
for its excellent service and technical
support," McCarter said. "Their expertise in
several key specialized off-road lubricants
markets will greatly benefit the PetroLiance
organization."
"We are delighted and enthusiastic to become
part of the PetroLiance team," adds George
Morrison, AV Lubricants' founder and CEO.
"PetroLiance's significant resources will
benefit our customers and employees, while we
will be able to contribute valuable technical
expertise and other strengths to the
organization. It truly is a synergistic
combination."
Morrison will assume a leadership role in
PetroLiance's sales and technical service. A
published author with expertise in fuel,
filtration and additives, he is recognized as
a Certified Lubrication Specialist by the
Society of Tribologists and Lubrication
Engineers. AV Lubricants has also pioneered
a number of marketing innovations including
advances in the use of online ordering and
support.
"George Morrison's personal expertise, and
the strength of the entire AV Lubricants
organization, made this an ideal company for
our first acquisition," notes McCarter. "We
are enthusiastic about the opportunity to
support those strengths by applying the
significant resources of the PetroLiance
organization."
PetroLiance has major facilities in Columbus,
Ohio the headquarters of AV Lubricants. It
was an additional value-added benefit that
further enhanced the synergy of the
acquisition. "To complete our first
acquisition so smoothly and successfully is
very encouraging," McCarter adds, "It
establishes a very positive model for future
transactions."
|
CONOCOPHILLIPS LUBRICANTS ANNOUNCES KENDALL SHP SYNTHETIC GEAR LUBE 75W90 UPGRADE |
ConocoPhillips Lubricants, the fourth largest
U.S. lubricants supplier, today announced
that Kendall SHP Synthetic Gear Lube 75W90
has been upgraded to meet the latest DANA
SHAES 256 REV C specification for extended
drain gear oils, according to Reginald Dias,
director, commercial lubricants,
ConocoPhillips Lubricants.
"This new upgrade helps us continue to equip
our customers with the consistent, reliable
performance they have come to expect from
ConocoPhillips," said Dias. "In addition to
providing our customers with a premium
product, the upgraded Kendall SHP Synthetic
Gear Lube 75W90 offers improved equipment
durability, less churning losses and fuel
economy gains, particularly at low operating
temperatures."
Meeting the new specification, Kendall SHP
Synthetic Gear Lube 75W90 is approved for
500,000 mile drain service in DANA heavy duty
final drive axles under OEM's extended
warranty. The SHAES 256 REV C specification
replaced the previous SHAES 256 (formerly
EATON PS 163) specification and sets a higher
standard for gear oils used in DANA axles for
500,000 mile drain intervals. In the new
specification, DANA has revised the shear
stability, low temperature properties and
deposits control requirements of the gear
oil. DANA now recommends only 75W90 grade
gear oil for 500,000 mile extended drain use.
Kendall SHP Synthetic Gear Lube 75W90 also
meets the O-76 N (75W90) specification for
500,000 mile drain service in ArvinMeritor
heavy duty axles and Mack GO-J Plus (75W90)
approval for extended drain service in the
Mack axles.
|
WARREN OIL ANNOUNCES EXECUTIVE APPOINTMENTS |
Garry D. Rooney has been appointed Senior
Vice President Commercial & Industrial
Lubricants as well as Corporate Counselor. In
his new position with Warren Oil, Garry will
develop and manage a national bulk lubricant
program aimed at supplying distributors all
across the US with the Warren Oil Group's
family of branded Lubricants. In conjunction
with this expanded distributor program, Garry
will be responsible for developing a
supporting National Accounts program
Additionally, Garry will utilize his 31 years
of experience in the oil industry to provide
valuable advice to Warren Oils entire
organization on improvement opportunities and
methods to better utilize their many assets.
Garry comes to Warren Oil after spending 31
years in the Oil and Lubricants industry. Of
Garry's 31 years in the industry, 20 have
been in Executive and Senior level management
positions including simultaneously holding
the positions of President of the 76
Lubricants Company and President of Kendall
Motor Oil Company.
Irvin Warren, Warren Oil's Chief Executive
Officer and President, said, "We are pleased
and excited to welcome Garry to the Warren
Oil family." "We believe with Garry's
knowledge, abilities and vast experience he
can play a key role in helping us move our
organization forward towards our goal of
becoming a pre-eminent national and
international manufacturer and supplier of
quality lubricants."
Garry Rooney stated, "I am excited to be
joining the Warren Oil organization." "I
believe Warren Oil has the personnel,
facilities and desire to become one of the
truly great Lubricant suppliers in the U.S.
and Internationally and I hope to be able to
use my experiences, my knowledge and my
strengths to help them achieve their goals."
"My responsibilities will include the
development and management of a national bulk
oil distribution and national accounts
network utilizing distributors for Warren Oil
and its family of products." "Additionally, I
hope to be able to utilize my 31 years of
varied oil industry experiences to provide
valuable advice and assistance to any part of
the organization where I am needed."
Warren Oil Company Inc. currently has over
$350 million in annualized revenues and is
the largest independent Lubricant
manufacturer and marketer in the United
States. Warren Oil currently owns and
operates six efficient and modern lubricant
manufacturing and packaging plants with a
total throughput capability of over 120
million gallons annually and with over 16
million gallons of bulk oil storage capacity.
These six plants are strategically located in
Dunn North Carolina, Johnstown Pennsylvania,
Benton Alabama, San Antonio Texas, Marion
Illinois and West Memphis Arkansas.
|
|
Publisher |
|
|