Refuel
The new Refuel c-stores in the Charleston, S.C., area will be in Nexton, Cainhoy Plantation, Mount Pleasant, Charleston, Summerville and Sumter, as well as along Interstate 95 in Orangeburg and Dillon counties and along the East Coast corridor, CEO Mark Jordan told the Post and Courier.
In June, Refuel acquired Bishopville Petroleum Co. Inc., Bishopville, S.C.—its third acquisition since it was founded in early 2019. The acquisition increases the total company-operated store count to 33 stores, all in South Carolina.
“In addition to Refuel’s acquisition strategy, we have a robust new build pipeline in the works,” Chief Administrative Officer and General Counsel Travis Smith told CSP Daily News. “Refuel has started construction on two stores since our purchase of the West Oil assets. One of the new builds is in Sumter and the other is located in the highly sought-after Nexton Development in Summerville. Refuel has eight additional new builds in the pipeline, most of which are in the Charleston market.”
The new stores will add between 150 and 200 new employees to the firm’s approximately 400 now, the newspaper said. Jordan believes the number of workers could expand to 1,200 by next year as the company’s store count could surpass 100 through acquisitions of mostly small chains in Florida, Georgia, North Carolina and South Carolina.