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PetroCard Systems Acquires Thunderbird Lubrications; Complementary Products and Services to Benefit Company, Customers.


KENT, Wash. -- PetroCard Systems, one of the largest privately held companies privately held company

A firm whose shares are held within a relatively small circle of owners and are not traded publicly.
 in Washington state, today announced the acquisition of Spokane, Washington-based Thunderbird thunderbird

In North American Indian mythology, a powerful spirit in the form of a bird that watered the earth and made vegetation grow. Lightning was believed to flash from its eyes or beak, and the beating of its wings was thought to represent rolling thunder.
 Lubrications, a division of Gull gull, common name for an aquatic bird of the family Laridae, which also includes the tern and the jaeger. It is found near all oceans and many inland waters. Gulls are larger and bulkier than terns, and their tails are squared rather than forked.  Industries, Inc.

PetroCard Systems sells fuel to businesses with commercial vehicle fleets primarily via two methods: "cardlocks," (unattended, self-serve fueling stations) and "Mobile Fueling" services, in which commercial vehicles parked at depots are fueled overnight. The company also drives revenue through bulk fueling services. PetroCard is one of the largest cardlock operators in the Pacific Northwest and one of the largest mobile fueling companies in the Puget Sound Puget Sound (py`jĕt), arm of the Pacific Ocean, NW Wash., connected with the Pacific by Juan de Fuca Strait, entered through the Admiralty Inlet and extending in two arms c.  and Spokane areas.

Thunderbird Lubrications is a petroleum distributor with two major lines of business: sales and transportation of fuel and the distribution of lubricants and other automotive chemicals. Its fuels business sells to independent gas stations, commercial customers and other distributors. The company also hauls fuels on behalf of others. PetroCard is one of Thunderbird's largest customers.

Its lubes business supplies bulk motor oil to the installer market and packaged consumer motor oils and other automotive chemicals to retailers. Thunderbird is one of the largest distributors of Pennzoil & Quaker State Quaker State may refer to:
  • The United States Commonwealth of Pennsylvania, which is colloquially known as the Quaker State; or
  • The Quaker State Corporation
 auto lubricants in the U.S. It is the largest Gumout and one of the largest RainX distributors in the U.S.

"There is tremendous synergy between our businesses," said Tom Farr, PetroCard Systems' President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "The combination will allow us to increase operational efficiencies and benefit our customers. It's a win-win situation."

Thunderbird will retain its name, brand identity and employees, although it will operate as a division of PetroCard Systems, Inc. Tom Farr will manage the new entity. Larry Hitchcock Larry Hitchcock started perfecting his magical craft in 1996. His start in magic was a bit of an accident. At the time, he was an investigator for a large retail company. During that time, he became friends with a police officer, and that officer would turn out to be a professional , Thunderbird General Manager, will stay on as a consultant to PetroCard Systems and remain on PetroCard's Board of Directors.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 4, 2005
Words:288
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