Colorado Petroleum Products Company, celebrating 85 years of motor oil lubricant manufacturing and distribution, announced recently that it has expanded its facilities to a new worldwide headquarters location in Denver, Colorado. The new facility includes 185,000 square feet of warehouse space, 30,000 gallon blending tanks, four bottling lines, Quality Control laboratory, tank farm that holds in excess of 1,000,000 gallons as well a concrete based tank truck and rail car receiving and shipping depot. The new buildings size has more than tripled the square footage of our previous buildings where they have resided since 1960.
The new headquarters is a 230,000 square-foot building. It will house members from every Colorado Petroleum department including the executive team, sales, finance, manufacturing, marketing, distribution and support. The financial details of the agreement are confidential and not available for disclosure.
The steady growth of Colorado Petroleums products, coupled with years of profitability as a corporation, has positioned us to make this move at a very strategic time, said Clark Thompson, Colorado Petroleums CEO. We were able to identify an excellent real estate investment opportunity that enables the company to continue to build our business in a world-class, state of the art facility.
Colorado Petroleum Products Company, involved in lubricant manufacturing, private labeling, exporting and distribution, was originally founded in 1927, and has been under current ownership since 1971.
Colorado Petroleum Products Company is a compound blender and distributor of finished lubricants for the automotive, heavy duty and industrial industries for the Colorado, Arizona, Wyoming, California Utah and Nevada markets. Tucson Arizona is the company's satellite manufacturing facility with an additional distribution and warehouse in Phoenix Arizona.
The company's brands include Rugged Motor Oil and Silver State Full Synthetic Motor Oil. Colorado Petroleum specializes in private labeling for OEMs, Retail Parts Stores and Supermarket Chains to name a few.