JobbersWorld is a Petroleum Trends International, Inc. Publication
JobbersWorld is a Petroleum Trends International, Inc. Publication

JobbersWorld is the first and only independent newsletter to focus on lubricant distributors.

JobbersWorld Reaches Out to Over 10,000 Professionals in the Lubricants Business

Click here to learn More or call 732-494-0405

Call 732-494-0405 for Information

Old World Industries Exits the Oil and Lube Business in the US Market

Old World Industries notified customers on September 1, 2022 that it is exiting the oil and lubricant business in the US market, effective immediately. This includes PCMO, HDMO, brake fluid, power steering fluid, grease, tractor hydraulic fluid, small engine fluids, and transmission fluid. The company will, however, continue to fill orders until inventory is depleted.

While Old World is exiting the oil and lubricants business, the company advised its customers that it will continue to focus its efforts on providing superior service on DEF, Anti-Freeze and its Visibility and Safety categories, including windshield wipers, automotive lighting, and washer fluids to satisfy customer needs.  

Customers were notified that the decision to exit was made after a lengthy review of the business and the challenges the macro environment have presented over the past 18 months. From this review, it was concluded that the company was not in a position to remain competitive and at the same time, service Old World Industries’ customers to its standards.

0 0 votes
Article Rating
Notify of

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Inline Feedbacks
View all comments

News Archives

Would love your thoughts, please comment.x