Marathon CEO talks about massive Findlay expansion - 13abc.com Toledo (OH) News, Weather and Sports

Marathon CEO talks about massive Findlay expansion

Posted: Updated:

Marathon Petroleum is about to undergo a major expansion in Findlay. The multi-million dollar project involves new buildings, parking garages and jobs. About 150 new jobs will be added to the nearly 2,000 that are already at Marathon's headquarters in Findlay. The CEO says there's room for even more growth.

A big piece of land in downtown Findlay is about to be transformed. Marathon CEO Gary Heminger says they have simply run out of room, "We've grown rapidly in the last few years. We're going to continue to grow specifically in the midstream and Speedway portions of our business."

Marathon will invest about $80 million to build two new buildings, two parking garages and create green space near the current headquarters, "We're the fourth largest refiner in America with 1.7 million barrels a day of refining capacity and we're one of the biggest midstream companies. By midstream I mean pipeline, terminals, trucks are marine. We're moving 9-9.5% of the nation's transportation fuels. Those fuels are being managed 24 hours a day from this location."

Of course a big concern when it comes to the expansion is making sure progress is being made on a plan to solve the on-going flooding problems in Findlay. The headquarters sustained millions in damages during the flood of 2007. An Army Corps of Engineers report on a solution for the flooding problems is expected by the end of the year, "When we have to relocate employees during flooding to operate a big part of the nation's energy infrastructure, it is putting the employees and their families at risk. We can't have this."

While he's proud of Marathon's history, growth and performance for investors Heminger says the people are what matter most, "One thing I like to say, especially when I am on Wall Street, is that I'll put the Midwestern work ethic up against anybody. What I am most proud of is the workforce. I am proud of how we work together. We are not a top down workforce. We work as one team."

Construction on the first parking garage will start this spring. Work on the new office building will get underway by the end of this year and it should be open for business in late 2015 or early 2016. They are also planning to have a hotel and conference center on the campus but Marathon would only be a partner on that project. It would be developed by a third party.

  • LocalMore>>

  • Fundraiser offers support to kids of murdered woman

    Fundraiser offers support to kids of murdered woman

    Saturday, April 19 2014 10:02 PM EDT2014-04-20 02:02:03 GMT
    A fundraising dinner held on Saturday was aimed at raising both money to help six kids in a tough spot and at lifting their spirits during this troubled time.
    A fundraising dinner held on Saturday was aimed at raising both money to help six kids in a tough spot and at lifting their spirits during this troubled time.
  • Sleeping man injured when car crashes into bedroom

    Sleeping man injured when car crashes into bedroom

    Saturday, April 19 2014 9:12 PM EDT2014-04-20 01:12:40 GMT
    A man was injured by a car inside his own bedroom on Saturday afternoon. He was sleeping in the bedroom of his apartment on Brownstone around 5:30 p.m. when a Buick crashed through the wall.
    A man was injured by a car inside his own bedroom on Saturday afternoon. He was sleeping in the bedroom of his apartment on Brownstone around 5:30 p.m. when a Buick crashed through the wall.
  • K9 officers receive bullet-proof vests

    K9 officers receive bullet-proof vests

    Saturday, April 19 2014 7:51 PM EDT2014-04-19 23:51:51 GMT
    Thanks to an organization called Vested Interest, two local K9 officers will now be a little safer on the job. Ranger and Jack of the Monroe County Sheriff's Office are getting bullet-proof vests from the non-profit.
    Thanks to an organization called Vested Interest, two local K9 officers will now be a little safer on the job. Ranger and Jack of the Monroe County Sheriff's Office are getting bullet-proof vests from the non-profit.
  • Top StoriesMore>>

  • Sleeping man injured when car crashes into bedroom

    Sleeping man injured when car crashes into bedroom

    Saturday, April 19 2014 9:12 PM EDT2014-04-20 01:12:40 GMT
    A man was injured by a car inside his own bedroom on Saturday afternoon. He was sleeping in the bedroom of his apartment on Brownstone around 5:30 p.m. when a Buick crashed through the wall.
    A man was injured by a car inside his own bedroom on Saturday afternoon. He was sleeping in the bedroom of his apartment on Brownstone around 5:30 p.m. when a Buick crashed through the wall.
  • 419 Day celebrated on social media

    419 Day celebrated on social media

    Saturday, April 19 2014 7:14 PM EDT2014-04-19 23:14:37 GMT
    Saturday was April 19 or 4-19 and locals thought this was the perfect day to celebrate businesses in the 419 area code in person and on social media.
    Saturday was April 19 or 4-19 and locals thought this was the perfect day to celebrate businesses in the 419 area code in person and on social media.
  • Vengeful note left in 2 boys' murder

    Vengeful note left in 2 boys' murder

    Saturday, April 19 2014 10:20 PM EDT2014-04-20 02:20:03 GMT
    A woman who shot and killed her two young grandsons before committing suicide last year left a note to the boys' parents saying they did not deserve to have the children, according to a police report.
    A woman who shot and killed her two young grandsons before committing suicide last year left a note to the boys' parents saying they did not deserve to have the children, according to a police report.

Area Events Calendar

See It, Shoot It, Send It!