Masco buys Pettit Oil assets, hires 10 and is looking to hire 4 more
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Aberdeen-based Masco Petroleum has purchased 10 cardlock stations and two bulk fuel transfer stations that used to belong to Pettit Oil, including stations off Schouweiler Road near Elma and in Montesano near the offramp of Highway 12.
Pettit Oil closed abruptly earlier this year.
Masco also hired 10 former employees and is looking to hire four more — two office workers and two truck drivers,
Vice President Sean Mason said. Masco has also picked up more than 600 former home heating oil clients of Pettit Oil on the Olympic Peninsula. “We were busy but we managed to keep everybody warm,” he said.
He characterized the purchase by the family-owned company as “substantial” but would not divulge financial details.
The company constructed a new cardlock station in Forks recently that cost “roughly around $1 million.” Asked how much the larger fueling transfer stations are worth, he said, “Heck, I don’t know.”
Masco already owns and operates 11 cardlock stations and three fueling transfer stations on the peninsula. The latest acquisitions bring that total to 21 cardlocks and five fueling transfer stations.
“We own a lot of different businesses around the Harbor and yes, it is a good purchase for us and we are happy to be ingrained in the area and many thanks to the customers who continue to stay with us,” he said.
The new cardlock facilities are on Highway 101 in Hoquiam, Montesano, South Aberdeen, Aberdeen on the port dock road, Elma, Raymond and Port Townsend. Two, in Burien and Lakewood, represent Masco’s first acquisitions outside the Olympic Peninsula.
The new fuel transfer stations, which supply smaller trucks with home heating oil, are in Port Townsend and Port Angeles. Masco’s other transfer stations are in Aberdeen, Westport and Forks.
The Mason family owns Mason Timber, Mason Trucking, Trailer Services and medical clinics near Grays Harbor Community Hospital.
They also own two rock quarries, Shine Quarry in Port Ludlow and Penny Creek Quarry in Quilcene.