Success Story
Another
Big Purchase
Simultaneously
with creation of his new enterprise, Sinclair
quietly bought control of facilities for an
invasion of the east coast and Europe.
In acquiring Union Petroleum Company, Sinclair
sought only the concern's real estate at
Marcus
Hook, on the Delaware River near
Philadelphia.
This location, already a big tank farm and
ocean terminal, was an ideal site for a Sinclair
east coast refinery.
As
usual with Sinclair's bargains, he gained much
more than he sought, Union had Louisiana oil
production with a small refinery at Westwego, an
aged but important refinery at Wellsville, New
York, four European sales offices, 400 railway
tank cars and an excellent management and
operating personnel.
All these assets
harmonized with a master plan for all his properties
which Mr. Sinclair would reveal in September,
1919.
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