ILMA Compoundings - February 2021 - 31
state-of-the-art production facility,
and now we announce our acquisition
of the RP product line - all coming
to fruition as we approach PCI's 40th
anniversary. The timing is perfect for
us to pursue an opportunity like this,
and the fit of RP's pail portfolio into
ours is nothing short of exciting. "
PCI plans to have its 40th anniversary in its new 246,000-square-foot
world headquarters in El Dorado,
Arkansas, with the acquisition and
expansion finalized early this year.
CHAMPION ANNOUNCES
$75,000 FOR 2021 NATIONAL
OPEN WINNER, CELEBRATES
65TH ANNIVERSARY
Champion Oil announced that
Williams Grove Speedway in Mechanicsburg, Pennsylvania, and the World
of Outlaw (WoO) Sprint Car Series
have confirmed the Champion Racing
Oil National Open will pay $75,000
to the 410 Sprint Car winner, just as it
did in 2020.
The Champion Racing Oil National
Open has been operating for over 50 years,
hosting the biggest names in motorsports,
often at Williams Grove Speedway.
In other Champion news, Champion Brands is celebrating its 65th
anniversary this year. Highlights of
the company's year include sponsoring
national and regional auto races, product contests and other special events.
RELADYNE ACQUIRES NEW
WEST OIL CO.
RelaDyne acquired New West Oil
Co., a lubricant and commercial fuels
distributor that serves customers in
Arizona and Southern Nevada.
" New West Oil has prospered
remarkably over the past nine years
and has grown to a company of over
100 employees. This is an incredible
milestone for any business and is a
testament to the outstanding team we
have assembled, " said Tim Genrich,
CEO of New West Oil Co. " To have
the ability to meet our growth goals,
we decided to partner with RelaDyne,
who will provide us and our loyal
customers with access to many more
products and services that we could
never have acquired alone. We are
not selling out, we are buying in, and
this ownership change will assure the
future of New West Oil as one of
the premier lubricant, fuel and
environmental services providers in
the United States. "
The service centers will be rebranded
as Valvoline Instant Oil ChangeSM
(VIOC) centers. Fifteen of the 27
locations will be company-owned
and -operated, and 12 will be VIOC
franchise-owned and -managed. Car
Wash Partners Inc., which owns and
operates Mister Oil Change Express,
will continue to operate the car wash
portion of its business.
To submit Member Connections
items for future issues of Compoundings, contact Senior Managing
Editor Sam Hoffmeister at samuel.
hoffmeister@theYGSgroup.com
VALVOLINE ACQUIRES 27 MISTER
OIL CHANGE EXPRESS LOCATIONS
Valvoline Inc. announced plans late
last year to acquire 27 Mister Oil
Change Express locations in seven
states, expanding its service center
network across the U.S.
31
ILMA Compoundings - February 2021
Table of Contents for the Digital Edition of ILMA Compoundings - February 2021
ILMA Compoundings - February 2021 - Cover1
ILMA Compoundings - February 2021 - Cover2
ILMA Compoundings - February 2021 - 1
ILMA Compoundings - February 2021 - 2
ILMA Compoundings - February 2021 - 3
ILMA Compoundings - February 2021 - 4
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ILMA Compoundings - February 2021 - Cover3
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