Clark County based Speedway has reached an agreement to purchase Hess Retail Holdings for $2.8 billion dollars. The deal makes Speedway one of the largest convenience store chains in the country.
Hess operates out of New York City and is the largest operator of convenience stores along the East Coast. Speedway's corporate headquarters are in Enon, and the company is a subsidiary of the Marathon Petroleum Company.
Angelia Graves, director of public and state government affairs for Marathon, says the deal is a win-win for both companies.
Walking the path that follows the cliffs along the river near my home, I often think about the people who lived here thousands of years ago.
They must have found this place an oasis of shelter, water, fish, and game in the middle of the harsh virgin forest. I imagine them making camp along the limestone outcroppings, keeping their fires and defenses close to the stone, bathing and playing in backwaters, picking berries, hunting deer.
The two techniques for accessing the electro-magnetic spectrum, optical and electrical, fall short of entry into the Terahertz range. But a Cleveland company has developed the first portable, high-power source that could open up the Terahertz gap to a wide range of technical advances.
Ohio is emerging as a global center of research in a branch of physics that’s stymied scientists for decades. It’s called Terahertz radiation, a band of light waves with potential uses that range from detecting cancer to uncovering art forgeries. One Cleveland company has recently had a breakthrough in one of technology’s final frontiers.