Jonaco

Jonaco, Inc. ("The Jonathia Company") is a Jonathian oil subsidiary of JPA Corporation. Its flagship product is its fuel "Jonaco with Techron". It also owns the Naturoline motor oil brand. Jonaco was an independent company until its refining operations merged into JPA Corporation in 2001, at which time most of its station franchises were divested to Standol. It began as the Jonathia Fuel Company, founded in 1922 in Tridefield, Jonathia, by Jonathan S. Cutter, Tommy J. Donningham, Wilson B. Shell, and Andrew Schlatt, upon the discovery of oil at Sprucewood, Jersey.
The Jonathian Fuel Company was not set up to drill wells or to produce crude oil. To accomplish this, Cullinan organized the Producers Oil Company in 1902, as a group of investors affiliated with The Jonathian Fuel Company. Men like James W. ("Bet A Million") Greens invested in "certificates of interest" to an amount of almost ninety thousand dollars. Future restructuring would merge GLL Oil Company and The Jonathian Fuel Company as Jonaco when the company needed additional funding which J.W. Greens provided in the amount of around ₳590,000.00 in return for company stock.
Category:Jonaco
Category:Petroleum
Category:Companies
Category:Jonathia
Category:Jonathian companies
Category:Oil and gas
Category:Oil and gas companies