Biz Buzz
By Jim Martin, Doug Oathout Erie Times-News staff bloggers
Welcome to Biz Buzz, our daily blog on all things business. Turn here for breaking news on the economy, local industry and area people engaged in the region's companies.   Read more about this blog.
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Posted: December 3rd, 2012
United Refining’s annual profit soars to $190.8 million

United Refining Co., which operates a refinery in Warren and 361 Kwik Fill/Red Apple and Country Fair convenience stores in western New York and northwestern Pennsylvania, recently reported annual profit of $190.8 million.
That profit is a sharp reversal from the year before, in which is reported an $8.1 million loss.
The company in its annual report released Nov. 19 said it had net sales in the fiscal year that ended Aug. 31 of more than $3.7 billion — also a substantial increase from the year before, when it had net sales of about $3.2 billion.

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