Gilbarco Veeder-Root

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Gilbarco Veeder-Root
Type Private, subsidiary of the Danaher Corporation
Industry Manufacturing
Founded 1870
Headquarters Simsbury, Connecticut
Key people

Martin Gafinowitz, CEO

Gaston Berrio, POS Director
Products Fuel Dispensers
Point of Sale Systems
Revenue Increase$700 million USD (2005)
Employees ~4,000 (2009)
Parent Danaher Corporation,
(NYSE: DHR)
Website http://www.gilbarco.com

Gilbarco Veeder-Root, a subsidiary of the Danaher Corporation, is a supplier of fuel dispensers, point of sale systems, payment systems, forecourt merchandising [1] and support services.[2] The company's headquarters is in Greensboro, North Carolina, United States and employs approximately 4,000 people around the world, with sales, manufacturing, research, development, and service locations in North and South America, Europe, Asia, the Pacific Rim and Australia.

Regional offices are located throughout the US and Canada, and in the United Kingdom, Italy, France, Germany, The Netherlands, Malaysia, Thailand, China, Bahrain, Korea, Australia, New Zealand, India, Brazil and Argentina.

The company's manufacturing and development facilities are located in Greensboro, and in Simsbury, Connecticut, Altoona, Pennsylvania, Lakewood, Colorado and Davenport, Iowa. International manufacturing and development locations include the United Kingdom, Italy, Germany, India, China and Brazil.

History[edit]

The company was originally founded under the name Gilbert & Barker in 1870 by Charles Gilbert and John Barker[disambiguation needed]. The company was renamed as Gilbarco in 1929 and was later acquired by the British engineering company GEC in 1987. In 1999 GEC renamed itself to Marconi and Gilbarco became Marconi Commerce Systems.[3] In 2002 Gilbarco was acquired by the Danaher Corporation, parent company of Veeder-Root and Red Jacket companies, and became Gilbarco Veeder-Root.[4]

In 2002, the Gilbarco and Veeder-Root companies combined into one marketing brand.

In May 2008, the company launched the website AskAboutPCI.com, as a reference for convenience store retailers to learn more about the Payment Card Industry (PCI) rules, regulations, and deadlines.[5]

Gilbarco Veeder-Root was featured on the June 14th, 2008 episode of the television show John Ratzenberger's Made in America.[6]

Products[edit]

  • Veeder-Root supplies automatic tank gauging and fuel management systems, including the Red Jacket brand of submersible pumps and pressurized line leak detectors. Veeder-Root is headquartered in Simsbury, Connecticut.
  • Gasboy International is a manufacturer and marketer of commercial electronic and mechanical petroleum dispensing systems, fleet management systems, and transfer pumps, primarily for non-retail petroleum applications. Gasboy also offers a complementary line of automated fueling systems that provide 24-hour unattended fueling capabilities to fleets and retail marketers. Gasboy is headquartered in Greensboro, North Carolina.

See also[edit]

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