Quaker State

Quaker State is an American brand of motor oils, and the Company is owned by Shell USA, the US-based division of Shell plc since 2002, when Shell Oil Co. acquired Pennzoil-Quaker State Co. for $1.8 billion in cash and $1.1 billion in debt.

This article is about the brand of motor oil. For the U.S. state, see Pennsylvania.
Quaker State
Formerly
  • Quaker State Oil Production Company (1924–1931)
  • Quaker State Corporation (1931–1990)
  • Quaker State Oil Production Corporation (1990–1998)
  • Pennzoil and Quaker State (1998–2002)
Company type
  • Brand of Phinny Brothers Oil Company (1912–1924)
  • Private (1924–1998)
  • Brand (1998–present)
IndustryPetroleum
Founded(Brand): 1912 by Phinny Brothers Oil Co.
(Company): 1924
FounderT.G. Phinny
Defunct1998 (1998)
FateMerged to Pennzoil to form "Pennzoil-Quaker State". It was acquired by Shell USA in 2002, remaining as a brand
Headquarters
Houston, Texas
,
United States
ProductsMotor oils
OwnerShell USA
Number of employees
7,400 (2002)
Websitequakerstate.com

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.

The Quaker State name is derived from the nickname for Pennsylvania, 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.

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.