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North American Lubricants
North American Lubricants, Co. was founded in 1999 by a small group of investors, who are also lubricant purchasers, who were concerned about trends in the petroleum industry and their decrease in profit. Multiple mergers and acquisitions cut the number of national petroleum suppliers down by seventy-five percent. Drastically reduced competition, inefficiencies, outrageous overhead expenses, and corporate greed sent national lubricant prices on an unprecedented upward trend. These factors turned a true commodity, bulk lubricants, into an overpriced retail product. Major oil justified the increased price levels with creative marketing campaigns while continuing to generate record breaking profits. North American Lubricants` Puratech brand was developed to provide a dependable alternative.
Company details
Find locations served, office locations.
- Business Type:
- Distributor
- Industry Type:
- Oil, Gas & Refineries
- Market Focus:
- Nationally (across the country)
- Year Founded:
- 1999
- Turnover:
- 10,000,000 - 100,000,000 €
