Nine Decades of Continued Innovation and Growth
In 1931, Jacob Guttman started his business with a single gas station in McKeesport, PA.
For decades, industrial, commercial, retail, and transportation operations across the eastern United States have trusted Guttman for fuel distribution, delivery, and customized service.
On November 30, 2022, Guttman Energy, one of the region’s largest private companies, Guttman Renewables, and Source One Transportation, united to form one new Company – Guttman Holdings as part of an Employee Stock Ownership Plan (ESOP). The companies within this ESOP will continue to market under their current names, in the same markets, and are expected to continue their significant growth and success.
Guttman Holdings is a full-service fuel distribution enterprise that provides customers with the safest, most efficient, customized, and comprehensive fuel delivery and service possible. Now as one energized, engaged, and employee-owned and led team, each of us at Guttman Holdings has a heightened sense of commitment to our customers’ and vendors’ goals, our Company, and our performance.
United by a common purpose, our vision is to build a stronger future for all our stakeholders, by taking personal ownership of our Company’s growth, and ensuring our collective long-term success.
1922
Prior to entering the petroleum business in 1931, Jacob Guttman owned Guttman's Sanitary Market, a McKeesport, PA meat market
1931
Jacob Guttman opens his first gas station, Guttman Super Service, at the corner of Ninth and Market Streets in McKeesport, PA.
1940
Jacob is granted a full-line Texaco distributorship to market fuels and lubricants in Washington County, PA.
1947
The Guttman business expands to northwestern Pennsylvania and eastern Ohio through acquisition of Mercer County Oil Company, later renamed Guttman Petroleum Company.
1950
Guttman Realty Company is created to own, lease and develop properties for service stations and other businesses
1958
Guttman Oil expands Texaco distributorship into West Virginia.
1960
With the purchase of the motor vessel Cherokee, Mon River Towing, Inc. begins operations in 1960 to establish the means for transporting petroleum products in bulk quantities by barge.
1972
Mon River Towing builds a unit tow that allows the company to service customers beyond Guttman Oil.
1984
Guttman Oil enters the convenience store market, eventually building a chain of twenty eight Crossroads Food Marts.
1989
Guttman Oil creates commercial card-access fueling division to capitalize on new market opportunities.
2001
Source One Transportation, LLC is created to manage fuel transportation for Guttman Oil.
2002
Bulk Terminal Storage is created to operate a pipeline storage facility in Aurora, OH and river facilities in Speers, PA and Star City, WV.
2005
Guttman Oil sells joint venture interest to Giant Eagle and becomes the fuel supplier to GetGo convenience stores.
2006
Mon River Towing, with a fleet of 15 towboats and over 300 barges, is sold to CONSOL Energy Sales Company.
2013
Guttman Oil expands and diversifies its business by entering the natural gas and electricity markets. A new division, Guttman Energy, is created to supply natural gas and electricity to commercial and industrial customers
2022
Guttman Energy, Guttman Renewables, and Source One Transportation united to form one new, employee-owned and led Company called Guttman Holdings as part of an Employee Stock Ownership Plan (ESOP). Guttman Holdings is 100% employee-owned.
