U.S. Lubricants to Purchase Lubricant-Processing Facility
March 3, 2022Comments
U.S. Lubricants, Appleton, WI, a division of U.S. Venture, has entered into an agreement to purchase a turnkey lubricant blending and processing facility in Baltimore, MD. The 105,500-sq-ft. facility provides blending, packaging and storage capabilities.
“This acquisition, which is aligned with our transformational growth-oriented strategy, provides U.S. Lubricants the opportunity to expand into the mid-major market,” says James Williams, president of U.S. Lubricants, “with the scaling capabilities of a major lubricant provider while retaining our family-owned values. Not only will this opportunity expand our offerings to strategic customers with a need for optimized third-party logistics, or toll blending, but it also allows growth for our Thrive brand, ultimately expanding our service area to customers throughout the Mid-Atlantic and Southeast regions.”
See also: U.S. Lubricants
Technologies: Lubrication
