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Company type | Subsidiary of Vontier |
---|---|
Industry | Manufacturing |
Founded | 1870Springfield, Massachusetts [1] | in
Headquarters | Greensboro, North Carolina |
Key people | Aaron Saak, President |
Products | Fuel Dispensers Automatic Tank Gauging Point of Sale Systems |
Revenue | $1.25 billion USD (2019) |
Number of employees | ~4,000 (2015) |
Parent | Vontier |
Subsidiaries | Invenco Orpak Systems Midco |
Website | www |
Gilbarco Inc., doing business as Gilbarco Veeder-Root, is a supplier of fuel dispensers, point of sales systems, payment systems, forecourt merchandising [2] and support services. [3] The company operates as a subsidiary of Vontier and its headquarters are in Greensboro, North Carolina, United States. It employs approximately 4,000 people worldwide, with sales, manufacturing, research, development, and service locations in North and South America, Europe, Asia, the Pacific Rim, Australia, the Middle East and Africa.[ citation needed ]
Regional offices are located throughout the US and Canada, and in the United Kingdom, Italy, Germany, the Netherlands, United Arab Emirates, Morocco, Egypt, South Africa, Malaysia, Thailand, China, Korea, Australia, New Zealand, India, Brazil and Argentina.[ citation needed ]
The company's manufacturing and development facilities are located in Greensboro, and in Simsbury, Connecticut, Altoona, Pennsylvania, Lakewood, Colorado, Tipp City, Ohio and Davenport, Iowa. International research and development locations include the US, New Zealand, and India.
Gilbarco and Dover Corporation are considered to be duopoly in fuel dispenser in Western countries.
The company was founded under the name Gilbert & Barker in 1870 by Charles Gilbert and John Barker in Springfield, Massachusetts, and by 1911 had introduced the first measuring gasoline pump. [1] [4] The company was renamed as Gilbarco in 1929.[ citation needed ] For nearly 100 years Gilbarco was an affiliate of what is today the Exxon Mobil Corporation until it was later acquired by the British engineering company GEC in 1987. Among Gilbarco's first products was a simple oil burning lamp, which was given away in China and other places to increase the purchase of lamp oil.[ citation needed ] That lamp was so popular within the Exxon culture that it was the inspiration for the name of Exxon's in house magazine "The Lamp" until that publication was discontinued in recent years. In 1999 GEC renamed itself to Marconi and Gilbarco became Marconi Commerce Systems. [5] In 2002 Gilbarco was acquired by the Danaher Corporation, parent company of Veeder-Root and Red Jacket companies, and became Gilbarco Veeder-Root. [6]
Although the company spent its formative years in Springfield, Massachusetts as well as West Springfield, Massachusetts, being the largest employer in the latter by the 1960s, in 1965 it moved all of its offices and manufacturing to North Carolina, citing labor and material costs. [1] [7]
In 1984, Gilbarco launched one of the first examples in the US, and at the time, most successful instances of lean manufacturing called CRISP: Continuous Rapid Improvement System of Production.[ citation needed ] As a result, in 1994 Gilbarco's United States manufacturing plant in Greensboro, North Carolina was designated by Industry Week magazine as one of the United States' Ten Best Plants. After Gilbarco was acquired by Danaher, the Gilbarco CRISP system was extended and adopted company wide and ultimately evolved into what is today known as the Danaher Business System.[ citation needed ]
In 2002, the Gilbarco and Veeder-Root companies combined into one marketing brand.[ citation needed ]
In May 2008, the company launched the website AskAboutPCI.com, as a reference for convenience store retailers to learn more about the Payment Card Industry (PCI) rules, regulations, and deadlines. [8]
In November 2009, Larsen and Toubro (L&T) sold its petroleum dispensing pump (PDP) business to Gilbarco Veeder-Root, a US-based fuel control service provider, for around Rs 150 crore. Gilbarco said it acquired the business as part of a plan to increase its presence in the local metering business. [9]
Gilbarco Veeder-Root was featured on the June 14, 2008, episode of the television show John Ratzenberger's Made in America . [10] Danaher spun off several subsidiaries, including Gilbarco Veeder-Root, in 2016 to create Fortive. [11]
In 2018, Gilbarco Veeder-Root announced acquisition of Midco Limited, an Indian fuel dispenser manufacturer based out of Mumbai. Midco has a production unit in Vatva, Gujarat with installed capacity of 50,000 nozzle pumps per annum.
In May 2019, Gilbarco Veeder-Root announced that after extensive testing of Passport version 11.04B, CITGO Petroleum Corporation released EMV acceptance software for retailers at the forecourt. Along with EMV, Version 11.04B brings Passport EDGE to the CITGO network and is now available to CITGO branded sites with Gilbarco Veeder-Root dispensers. Passport EDGE is Gilbarco’s new tablet-based POS system for small businesses, available as a low cost subscription, and EMV-ready indoor and outdoor acceptance.[ citation needed ]
On August 31, 2022, Vontier announced its acquisition of Invenco, which would become part of Gilbarco Veeder-Root. [12] Nearly a year later, Gilbarco Veeder-Root Retail Solutions announced it would change its name to Invenco by GVR, with Passport, Orpak, Insite 360 and DOMS part of the brand. [13]
Amoco is a brand of fuel stations operating in the United States and owned by British conglomerate BP since 1998. The Amoco Corporation was an American chemical and oil company, founded by Standard Oil Company in 1889 around a refinery in Whiting, Indiana, and was officially the Standard Oil Company of Indiana until 1985. In 1911, it became an independent corporation as part of the break-up of the Standard Oil trust. Incorporated in Indiana, it was headquartered in Chicago.
A filling station is a facility that sells fuel and engine lubricants for motor vehicles. The most common fuels sold are gasoline and diesel fuel.
An octane rating, or octane number, is a standard measure of a fuel's ability to withstand compression in an internal combustion engine without causing engine knocking. The higher the octane number, the more compression the fuel can withstand before detonating. Octane rating does not relate directly to the power output or the energy content of the fuel per unit mass or volume, but simply indicates the resistance to detonating under pressure without a spark.
Citgo Petroleum Corporation, or Citgo, is a United States–based refiner, transporter and marketer of transportation fuels, lubricants, petrochemicals and other industrial products. Headquartered in the Energy Corridor area of Houston, it is majority-owned by PDVSA, a state-owned company of the Venezuelan government.
Salzkotten is a town in the district of Paderborn, in North Rhine-Westphalia, Germany. The name Salzkotten is based in the former salt production, which gave Salzkotten its raison d'être. Salt was found in the salty springs around the town.
E85 is an abbreviation typically referring to an ethanol fuel blend of 85% ethanol fuel and 15% gasoline or other hydrocarbon by volume.
Larsen & Toubro Limited, abbreviated as L&T, is an Indian multinational conglomerate, with interests in industrial technology, heavy industry, engineering, construction, manufacturing, power, information technology, military and financial services. It is headquartered in Mumbai, Maharashtra.
The Colonial Pipeline is the largest pipeline system for refined oil products in the U.S. The pipeline – consisting of three tubes – is 5,500 miles (8,850 km) long and can carry 3 million barrels of fuel per day between Texas and New York.
Vaporrecovery is the process of collecting the vapors of gasoline and other fuels, so that they do not escape into the atmosphere. This is often done at filling stations, to reduce noxious and potentially explosive fumes and pollution.
The United Refining Company (URC) is an oil company in Warren, Pennsylvania. The company operates an oil refinery in Warren that can process 70,000 barrels of crude oil into gasoline, diesel fuel and other petroleum distillates per day. It distributes gasoline under the Kwik Fill and Keystone brands. In early 2019, the American Automobile Association noted that Warren had the most expensive gasoline in Western Pennsylvania, despite the presence of the refinery in the town and a gasoline station just outside the refinery, the root cause of which remains undetermined.
Mechanical counters are counters built using mechanical components. They typically consist of a series of disks mounted on an axle, with the digits zero through nine marked on their edge. The right most disk moves one increment with each event. Each disk except the left-most has a protrusion that, after the completion of one revolution, moves the next disk to the left one increment. Such counters have been used as odometers for bicycles and cars and in tape recorders and fuel dispensers and to control manufacturing processes. One of the largest manufacturers was the Veeder-Root company, and their name was often used for this type of counter. Mechanical counters can be made into electromechanical counters, that count electrical impulses, by adding a small solenoid.
Pay at the pump is a system used at many filling stations, where customers can pay for their fuel by inserting a credit card, debit card, or fuel card into a slot on the pump, bypassing the requirement to make the transaction with the station attendant or to walk away from one's vehicle. A few areas have gas stations that use electronic tolling transponders as a method of payment, such as Via Verde in Portugal.
A gasoline pump or fuel dispenser is a machine at a filling station that is used to pump gasoline (petrol), diesel, or other types of liquid fuel into vehicles. Gasoline pumps are also known as bowsers or petrol bowsers, petrol pumps, or gas pumps.
A blowtorch, also referred to as a blowlamp, is an ambient air fuel-burning tool used for applying flame and heat to various applications, usually in metalworking.
Radiometer is a Danish multinational company which develops, manufactures and markets solutions for blood sampling, blood gas analysis, transcutaneous monitoring, immunoassay testing and the related IT management systems. The company was founded in 1935 in Copenhagen, Denmark by Børge Aagaard Nielsen and Carl Schrøder. It has over 3,200 employees and direct representation in more than 32 countries. Corporate headquarters remain in Copenhagen.
A petroleum technician is a professional that has three specializations within itself: petroleum equipment installer, "petroleum equipment tester" and petroleum service technician. Work performed within this profession revolves around the petroleum industry, and more specifically with fuel filling and service stations, as well as underground fuel tanks. A petroleum service technician must accompany installers and site system testers during a site's initial start-up and yearly safety and compliance inspections as the installers and testers are not certified to touch any equipment to program dispensers and point of sales, networks, calibrate, and replace or repair for failed components, tanks, and vapor recovery systems.
Tokheim is an American manufacturer of fuel dispensers. It is one of the world's leading manufacturers and servicers of fuel dispensing equipment.
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Gas pumps provide drivers with an easy way to put gasoline in their cars. This gas pump, made by Gilbert and Barker Manufacturing Company, dates from about 1915. Gilbert and Barker introduced the first measuring gas pump in 1911. Customers, however, could not see the gasoline. They had to rely on the pump's accuracy and the gas station owner's honesty.