This article relies largely or entirely on a single source. (August 2015) |
Industry | Oil and gas |
---|---|
Founded | June 9, 1930Elizabeth, New Jersey | in
Defunct | February 2000 |
Fate | Taken over |
Successor | Hess Corporation |
Headquarters | , |
Area served | Northeastern United States |
Products | Petroleum 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.