February 16, 2016

Speedway LLC has extended a multi-year service agreement with McLane Co. Inc., a leading supply chain services company providing grocery and foodservice supply chain solutions. As a result of this agreement, McLane will service Speedway’s 1,200 gas stations and convenience stores located in the eastern and southeastern United States.

“McLane has demonstrated both the efficiency and flexibility to rapidly absorb new stores. They have worked hand-in-hand with us through our very aggressive re-id and remodel process” said Speedway president Tony Kenney. “McLane has and will play a large role in the execution of the Speedway brand in new markets.”

Another major driver of the agreement is McLane’s ability to effectively adapt to Speedway’s business and technology processes, saving Speedway employees time and allowing them to focus on their customers, the companies said.

“McLane’s ability to support our proprietary foodservice operations as well as our Speedy Rewards program enables us to quickly bring new offerings to markets that we believe will further strengthen the Speedway brand with our new customers,” said Kenney.

Tony Frankenberger, president McLane Grocery said, “Speedway is an elite retailer committed to growing the Speedway brand in new markets. They are consumer driven as well as community-service driven, both qualities we mutually share. We are excited to be selected by Speedway to be a part of their growth and success.”

Temple, Texas-based McLane is a $48-billion supply chain services leader, providing grocery and foodservice supply chain solutions for convenience stores, mass merchants, drug stores and chain restaurants throughout the United States. It operates 80 distribution centers and one of the nation’s largest private fleets. The company buys, sells and delivers more than 50,000 different consumer products to nearly 90,000 locations.

McLane is a wholly owned unit of Berkshire Hathaway Inc.

Speedway, based in Enon, Ohio, is the second largest chain of company-owned and -operated gas stations and convenience stores in the United States. It has approximately 2,770 c-stores located in 22 states. Speedway is a wholly owned subsidiary of Marathon Petroleum Corp. (MPC), Findlay, Ohio.