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Crown Central Petroleum

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BUSINESS
By Joel Obermayer and Joel Obermayer,Sun Staff Writer | April 29, 1994
Improving refining margins helped Crown Central Petroleum Corp. put together its second consecutive quarter of profitability after two years of losses, the company announced yesterday at its annual meeting.The company said it earned $8.7 million, or 88 cents a share, for the first three months of 1994 in contrast to a loss of $5.7 million, or 58 cents a share, a year earlier. Revenues were $393 million, down 4.8 percent compared with a year ago, after a planned cut in refinery production.
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NEWS
By Doug Donovan and Doug Donovan,Sun reporter | January 2, 2008
George F. Bamford Jr., a World War II veteran and automotive entrepreneur, died of congestive heart failure Dec. 26 at the Berlin Nursing and Rehabilitation Center. The Ocean Pines resident was 86. Born in his family's Dundalk house, Mr. Bamford was raised in Edgemere. He was a 1939 graduate of Sparrows Point High School and went to work as a mechanic's assistant at his father's auto shop, Service Filling Station on North Point Boulevard. He enlisted in the Army in October 1942, seven months before marrying Norma Entwistle in April 1943.
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NEWS
By Doug Donovan and Doug Donovan,Sun reporter | January 2, 2008
George F. Bamford Jr., a World War II veteran and automotive entrepreneur, died of congestive heart failure Dec. 26 at the Berlin Nursing and Rehabilitation Center. The Ocean Pines resident was 86. Born in his family's Dundalk house, Mr. Bamford was raised in Edgemere. He was a 1939 graduate of Sparrows Point High School and went to work as a mechanic's assistant at his father's auto shop, Service Filling Station on North Point Boulevard. He enlisted in the Army in October 1942, seven months before marrying Norma Entwistle in April 1943.
NEWS
By NICHOLAS SHIELDS and NICHOLAS SHIELDS,SUN REPORTER | October 23, 2005
John Albert Bright Jr., a retired engineer and Eucharistic minister, died of complications from multiple myeloma Tuesday at Gilchrist Center for Hospice Care. The Timonium resident was 76. He was born and raised in Yonkers, N.Y., and immediately after graduating from Roosevelt High School in 1946 he enlisted in the Army. After his service ended in 1948, he entered Catholic University of America in Washington, D.C., where he graduated with a bachelor's degree in chemical engineering in 1952.
BUSINESS
By Kristine Henry and Kristine Henry,SUN STAFF | March 4, 2001
The mood at Crown Central Petroleum Corp.'s headquarters on the 22nd floor of downtown's Blaustein Building has brightened considerably in recent months. The refiner's shareholders will vote Wednesday on an offer that would take the company private, and despite a bruising first-round rejection last summer, this time signs point to victory. The move would end Crown's 66-year legacy as a public company but preserve a business that has been run by Chairman Henry A. Rosenberg Jr.'s family for seven decades and pave the way for the next generation to assume control and map the company's future.
NEWS
October 25, 1990
The United Way of Central Maryland announced that midway through its 1990 campaign, which ends Nov. 13, contributions totaled $12.3 million.The amount pledged thus far represents only 35 percent of the campaign's goal of $34.7 million."
BUSINESS
September 29, 1993
A brief item in yesterday's Business section incorrectly stated the location of a fire at a Crown Central Petroleum tank farm. The site was near Pasadena, Texas.The Sun regrets the errors.Blast at Crown tank farm injures 1A tanker truck that was being loaded with fuel at a Crown Central Petroleum Corp. tank farm in Houston burst into flames yesterday, injuring one employee.The tank farm, which stores refined products, is about a mile from a Crown refinery, which was not affected by the fire.
NEWS
April 21, 2004
Andrew J. "Jack" Morris, president of Crown Central Petroleum Corp. in the 1970s, died of congestive heart failure April 14 at a retirement community in Lancaster, Pa. He was 88 and had lived in Baltimore's Homeland neighborhood for many years. Born in Alabama, he was raised in Waynesburg, Pa. He earned a degree from Waynesburg College, and was later a trustee and established a scholarship fund there. He also attended the University of Pittsburgh. Mr. Morris spent 42 years in the energy industry, and from 1975 to 1980 was president and chief operating officer of Baltimore-based Crown Central Petroleum.
SPORTS
By Jay Apperson and Jay Apperson,Sun Staff Writer | March 31, 1994
Hank Foiles, a journeyman catcher who played in 43 games for the 1961 Baltimore Orioles, has filed a $7 million, class-action lawsuit seeking compensation from the team for using his likeness in a set of promotional baseball cards.Foiles, 64 and living in Norfolk, Va., contends that he and about 450 other former Orioles are owed money because they were depicted, without their permission, in a 1991 series of baseball cards featuring every player in the team's modern history. The cards were given away at selected Orioles games and were sold at area Crown gasoline stations.
NEWS
By John Rivera and John Rivera,Sun Staff Writer | May 16, 1995
A feisty Baltimore City Council took aim at Mayor Kurt L. Schmoke last night, passing a bill phasing out a tax on cans and bottles, and approving a resolution asking him to resolve his dispute with the convention board.The council, after a bitter debate, also approved Councilman Martin O'Malley's resolution to give his committee subpoena powers that will compel testimony from the Baltimore Housing Authority's director and commissioners.The measure passed narrowly, garnering the required 10 votes, with eight in opposition.
BUSINESS
February 15, 2005
In the Region Rosemore is adding $45 million to Crown pension plan Rosemore Inc., the family-owned Baltimore holding company whose Crown Central Petroleum Corp. subsidiary is selling its assets, has agreed to strengthen the oil refiner's pension plan, according to the Pension Benefit Guaranty Corp. As a result of an agreement between Rosemore, Crown and the federal pension insurer, the oil refiner will contribute $45 million more to the pension plan by the end of 2005 than required by the law. The agreement provides additional protection for about 3,000 Crown workers and retirees in the plan, according to the government agency that guarantees pension benefits earned by 44 million workers and retirees.
NEWS
April 21, 2004
Andrew J. "Jack" Morris, president of Crown Central Petroleum Corp. in the 1970s, died of congestive heart failure April 14 at a retirement community in Lancaster, Pa. He was 88 and had lived in Baltimore's Homeland neighborhood for many years. Born in Alabama, he was raised in Waynesburg, Pa. He earned a degree from Waynesburg College, and was later a trustee and established a scholarship fund there. He also attended the University of Pittsburgh. Mr. Morris spent 42 years in the energy industry, and from 1975 to 1980 was president and chief operating officer of Baltimore-based Crown Central Petroleum.
BUSINESS
By Kristine Henry and Kristine Henry,SUN STAFF | March 4, 2001
The mood at Crown Central Petroleum Corp.'s headquarters on the 22nd floor of downtown's Blaustein Building has brightened considerably in recent months. The refiner's shareholders will vote Wednesday on an offer that would take the company private, and despite a bruising first-round rejection last summer, this time signs point to victory. The move would end Crown's 66-year legacy as a public company but preserve a business that has been run by Chairman Henry A. Rosenberg Jr.'s family for seven decades and pave the way for the next generation to assume control and map the company's future.
BUSINESS
November 9, 2000
CLARIFICATION A headline in yesterday's Business Digest said a merger offer would be on the agenda at Crown Central Petroleum Corp.'s annual meeting Dec. 14. In fact, the proposal on the agenda calls for shareholders to direct the board to cause a merger or sale; shareholders are not being asked to vote on a specific merger proposal. In the Region Crown Central annual meeting to weigh merger offer Crown Central Petroleum Corp. has scheduled its annual shareholder meeting Dec. 14, according to a filing with the Securities and Exchange Commission.
NEWS
October 30, 2000
Pension system's deal with Crown Central hurts state's retirees As a retired state worker who depends on the state's pension fund, I was appalled by the use of monies from that fund to aid the owners of Crown Central Petroleum Corp. ("State pension fund aided Crown Central's owners," Oct. 19). State Comptroller William Donald Schaefer and Treasurer Richard N. Dixon have exceeded their power by using our pension fund as a money tree to help the friends of Baltimore. I don't care how much the wealthy Rosenberg family has contributed to Baltimore.
NEWS
By Dan Rodricks and Dan Rodricks,SUN COLUMNIST | September 8, 1999
Lawrence Bell was doing fine, smiling, looking right into the camera, offering imaginative proposals for his first term as mayor of Baltimore. He said he'd create a Government Efficiency Hotline, get police officers to volunteer 10 hours each to "jump-start" a new effort against crime, renew the city's dollar-house rehabilitation program. It was good stuff.And then he pulled the Crown Central Petroleum card.There it was again -- on live television, about 8: 45 p.m.During last night's debate involving the three main Democratic candidates for mayor, Bell turned to Martin O'Malley, the white man in the group, and asked, again, about O'Malley's defense of his position regarding Crown Central.
BUSINESS
April 23, 1993
Crown posts $5.7 million loss during first quarter of 1993Crown Central Petroleum Corp. Chairman Henry A. Rosenberg Jr. said yesterday that Crown refineries and gas stations lost money in the first three months of 1993.The company said its $5.7 million loss for its first fiscal quarter was because of poor profit margins on refined oil produced by its Texas refineries.The company reported an operating loss of $6.6 million in the same period a year ago.Mr. Rosenberg also announced at the company's annual meeting yesterday the appointment to Crown's board of Robert M. Freeman, chairman of Signet Banking Corp.
BUSINESS
By William Patalon III and William Patalon III,SUN STAFF | January 26, 1999
American Trading and Production Corp., the Baltimore-based investment-management company set up by the descendants of Amoco Corp. founder Louis Blaustein, has been split up among its different groups of shareholders, the company confirmed yesterday.One of the key assets was Crown Central Petroleum Corp., the locally based oil refiner that operates two refineries in Texas and a string of retail gasoline stations in the mid-Atlantic and the Southeast.In a related matter, a mutual fund firm known for buying stakes in underperforming companies has boosted its stake in Crown to 15 percent of the refiner's outstanding Class B shares, according to a January filing with the Securities and Exchange Commission.
NEWS
By John Rivera and John Rivera,SUN STAFF | October 29, 1998
The nation's largest African-American religious denomination pTC has endorsed a boycott of Baltimore-based Crown Central Petroleum Corp., which is engaged in a 32-month labor dispute with workers at its Pasadena, Texas, refinery.The 8.2-million member National Baptist Convention USA adopted the resolution at its September 1997 general session in Denver, but withheld it until this week, in case there was progress between Crown and the Oil, Chemical & Atomic Workers union to resolve the dispute, which resulted in the lockout of 250 workers.
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