Fas Mart Adds Valero Name

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Fas Mart Adds Valero Name

07/26/2004
MECHANICSVILLE, Va. -- Shoppers at any of Virginia's 19 Fas Marts may now notice the name Valero plastered to the convenience stores' walls, reported the Fredericksburg, Va.-based Free Lance-Star.

The signs announce an agreement the chain has with Valero Energy Corp. to supply its petroleum. Valero's teal-and-yellow logos were being posted at area stores late last week.

"We searched long and hard for a petroleum-supply partner that shared our vision, philosophy, focus, commitment to provide superior products and unsurpassed customer service, and there is no doubt that we've found that partner in Valero," said Christopher Bridgford, general manager of petroleum products for Richmond-based GPM. GPM operates 140 Fas Mart and Shore Stop stores throughout Virginia, Maryland and Delaware.

Fas Mart has made inroads as one of the area's biggest convenience store chains since opening in Virginia in 1980. It began as a small gas station with a pay booth in Mechanicsville, Va., in 1974, and now is the market leader from southwestern and central Virginia to the Eastern Shore of Maryland.

The company filed for Chapter 11 bankruptcy protection in 2001, citing surging fuel costs for its financial woes.