Thursday, October 08, 2015
Current Weather
Loading Current Weather....
Published: Wednesday, 7/30/2014 - Updated: 1 year ago


Speedway to invest $9.1M in Dayton-area headquarters


ENON, Ohio — Speedway LLC will invest $9.1 million in its Dayton-area headquarters and create 350 new jobs over the next three years. Speedway is a subsidiary of Findlay-based Marathon Petroleum Corp.

The $9.1 million investment will include renovations to Speedway’s headquarters in Enon, as well as the purchase of a building in Springfield, Ohio.

The Ohio Tax Credit Authority approved a 60 percent, 10-year tax credit as part of the agreement. In return, Speedway pledged to create $14 million in new payroll and maintain operations in Clark County for at least 13 years.

Speedway’s announcement follows its $2.8 billion acquisition in May of Hess Retail Holdings, one of the largest convenience store chains on the East Coast.

Recommended for You

Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. If a comment violates these standards or our privacy statement or visitor's agreement, click the "X" in the upper right corner of the comment box to report abuse. To post comments, you must be a Facebook member. To find out more, please visit the FAQ.

Related stories