The Meadville Corporation was an

oil company The petroleum industry, also known as the oil industry or the oil patch, includes the global processes of exploration, extraction, refining, transportation (often by oil tankers and pipelines), and marketing of petroleum products. The largest ...

based in

Haverford, Pennsylvania Haverford is an unincorporated community located in both Haverford Township in Delaware County, Pennsylvania, United States, and Lower Merion Township in Montgomery County, approximately west of Philadelphia. The Pennsylvania Railroad (PRR) ope ...

. It was founded in 1930 in Elizabeth, New Jersey. Fuel was sold at

retail Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and ...

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 Hess Corporation (formerly Amerada Hess Corporation) is an American global independent energy company involved in the exploration and production of crude oil and natural gas. It was formed by the merger of Hess Oil and Chemical and Amerada Petr ...

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. Those stations became part of Marathon Petroleum's

Speedway Speedway may refer to: Racing Race tracks *Edmonton International Speedway, also known as Speedway Park, a former motor raceway in Edmonton, Alberta *Indianapolis Motor Speedway, a motor raceway in Speedway, Indiana Types of races and race cours ...

brand due to the latter company's purchase of Hess's retail assets in 2014. 7 years later, Japanese-based

Seven & I Holdings is a Japanese diversified retail group headquartered in Nibancho, Tokyo. Seven & I was founded in 1920 as Ito-Yokado, the Japanese chain of general merchandise and department stores. In 1991, Ito-Yokado acquired majority control of 7-Eleven, ...

purchased Speedway, making those stations a part of the 7-Eleven family.

References

Economy of the Eastern United States Defunct oil companies of the United States Gas stations in the United States Non-renewable resource companies disestablished in 2000 Non-renewable resource companies established in 1930 1930 establishments in New Jersey 2000 disestablishments in Pennsylvania 2000 mergers and acquisitions {{US-energy-company-stub