Formerly |
|
---|---|
Company type | |
Industry | Petroleum |
Founded | (Brand): 1912 by Phinny Brothers Oil Co. (Company): 1924 [1] |
Founder | T.G. Phinny |
Defunct | 1998 |
Fate | Merged to Pennzoil to form "Pennzoil-Quaker State". It was acquired by Shell USA in 2002, remaining as a brand [2] |
Headquarters | , |
Products | Motor oils |
Owner | Shell USA |
Number of employees | 7,400[2] (2002) |
Website | quakerstate.com |
Quaker State is an American brand of motor oils, owned by Shell USA, the US-based division of Shell plc.
The former Quaker State Oil Refining Company had been constituted in 1924 after the Eastern Refining Co. acquired rights to the Quaker State brand name to the Phinny Brothers Oil Company, which had been producing the Quaker lubricants since 1912, gaining reputation in the U.S. after a deal signed with automotive manufacturer Franklin in 1914. In 1931, it became the "Quaker State Corporation" after merging with another 18 oil companies.[1] In 2002, Shell acquired Pennzoil-Quaker State for $1.8 billion in cash and $1.1 billion in debt.[4][5]
The Quaker State name is derived from the nickname for Pennsylvania,[6] the state founded by William Penn, a man of the Quaker religion.
The Pennzoil-Quaker State brands are sold under SOPUS Products with the address of Shell's office in Houston, Texas.
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