Ultramar Awards Dispenser Supply Agreement to Gilbarco
Long-term agreement extends four-year supplier relationship
GREENSBORO, N.C. -- Gilbarco Veeder-Root has reached an agreement with Ultramar Ltd. in Canada to supply fuel dispensers and related equipment to Ultramar's network of more than 1,000 retail sites.
The three-year agreement, which follows a supply agreement between Gilbarco and Ultramar that took effect in 2001, makes Gilbarco the primary supplier of dispenser's to Ultramar.
Gilbarco has demonstrated consistently over the years that they understand our need to use technology to add customer value and optimize operational efficiency. [image-nocss] We see tremendous advantages in making Gilbarco products the basis for Ultramar's fueling infrastructure, said Jean Drolet, Ultramar's vice president for retail sales development and distribution.
The technology behind products like the Encore 500 dispenser has been developed to help retailers increase profits in every phase of their operation, said Gilbarco president Martin Gafinowitz,
Gilbarco Veeder-Root supplies and integrates a variety of new and proven technologies to reduce cost of ownership, enhance environmental integrity and improve performance and profitability for petroleum marketers and commercial fueling enterprises worldwide. Among its business lines are fuel dispensing and control; site and retail management; support services; and environmental compliance technologies.
Gilbarco Veeder-Root unites major brands offered by Greensboro, N.C.-based Gilbarco Inc. and Simsbury, Conn.-based The Veeder-Root Co. Gilbarco is a global supplier of fuel dispensing equipment and fully integrated point-of-sale (POS) systems. Veeder-Root is a global supplier of automatic tank gauging, leak detection and fuel management systems, including Red Jacket submersible pumps.
Montreal-based Ultramar, a subsidiary of Valero Energy Corp., owns and operates a refinery that currently has a production capacity of 215,000 barrels of oil per day at Le avis (SaintRomuald), near Quebec City. It markets gasoline and diesel through a network of approximately 1,000 retail outlets, 87 cardlocks, and sells heating oil to some 155,000 customers.