GLOBAL COMPANIES EXPANDS INTO PENNSYLVANIA
Waltham, MA (August 25, 2006): Global Companies LLC, one of the Northeast’s oldest and most respected independent distributors of gasoline, diesel fuel, home heating oil and petroleum products, has expanded operations into Pennsylvania. Global has agreed to buy a 170,000-barrel refined petroleum products terminal in Macungie, PA, from Pipeline Petroleum Inc. for an undisclosed sum.
The terminal has capacity for 7 million gallons of distillates, gasoline and diesel fuel and is located near major transportation corridors and urban areas. Global will distribute three grades of gasoline, diesel fuel, home heating oil and specialty fuel additives from the terminal.
Industry veteran Frank Taylor will head up the sales effort for Global in Macungie.
“We are looking forward to bringing the Global brand of outstanding customer service to retailers in Pennsylvania,” says Joe DeStefano, Global’s marketing manager. “We will continue our commitment to quality product, competitive pricing and personal service in this market.”
Global Companies LLC is a subsidiary of Global Partners LP, a master limited partnership based in Waltham, Massachusetts that is one of New England’s leading distributors of petroleum products, including home heating oil, diesel fuel, gasoline and fuel additives. Global Partners LP trades on the New York Stock Exchange under the ticker symbol “GLP.” For additional information, please call 800-685-7222, or visit the company’s web site at www.globalp.com.
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