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Meadville Corporation

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Meadville Corporation
IndustryOil and gas
FoundedJune 9, 1930; 94 years ago (1930-06-09) in Elizabeth, New Jersey
DefunctFebruary 2000 (2000-02)
FateTaken over
SuccessorHess Corporation
Headquarters,
Area served
Northeastern United States
ProductsPetroleum refining and distribution

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 became part of Marathon Petroleum's Speedway brand due to the latter company's purchase of Hess's retail assets in 2014. 7 years later, Japanese-based Seven & I Holdings purchased Speedway, making those stations a part of the 7-Eleven family.

References

[edit]
  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.