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United Refining Company
The United Refining Company (URC) is an oil company in Warren, Pennsylvania. The company operates an oil refinery in Warren that can process 70,000 Barrel#Oil barrel, barrels of oil into gasoline, diesel fuel and other petroleum distillates per day. It distributes gasoline under the Kwik Fill and Keystone brands. In early 2019, the American Automobile Association noted that Warren had the most expensive gasoline in Western Pennsylvania, despite the presence of the refinery in the town and a gasoline station just outside the refinery, the root cause of which remains undetermined. History The United Refining Company was founded in 1902 by Harry Logan, Sr. His son, Harry Logan, Jr., succeeded his father as president and chairman of United Refining in 1957. In 1981, John Catsimatidis acquired United Refining as a subsidiary of his Red Apple Group. As of 1935, the company had a pair of marketing subsidiaries, Emblem Oil Company and Red Star Lubrication Service Incorporated, which dis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
