Valero Energy Corporation Declares Regular Cash Dividend on Common Stock
Jul 28, 2016 | 2401 views | 0 0 comments | 0 0 recommendations | email to a friend | print

 

SAN ANTONIO, July 28, 2016 (GLOBE NEWSWIRE) -- The Board of Directors of Valero Energy Corporation (NYSE:VLO) (“Valero”) has declared a regular quarterly cash dividend on the company’s common stock of $0.60 per share.  The dividend is payable on September 8, 2016 to holders of record at the close of business on August 11, 2016

About Valero

Valero Energy Corporation, through its subsidiaries, is an international manufacturer and marketer of transportation fuels, other petrochemical products and power.  Valero subsidiaries employ approximately 10,000 people, and its assets include 15 petroleum refineries with a combined throughput capacity of approximately 3.0 million barrels per day, 11 ethanol plants with a combined production capacity of 1.4 billion gallons per year, a 50-megawatt wind farm, and renewable diesel production from a joint venture.  Through subsidiaries, Valero owns the general partner of Valero Energy Partners LP (NYSE:VLP), a midstream master limited partnership.  Approximately 7,500 outlets carry the Valero, Diamond Shamrock, Shamrock, and Beacon brands in the United States and the Caribbean; Ultramar in Canada; and Texaco in the United Kingdom and Ireland.  Valero is a Fortune 500 company based in San Antonio. Please visitwww.valero.com for more information.

Valero Contacts
Investors:

John Locke, Vice President – Investor Relations, 210-345-3077
Karen Ngo, Manager – Investor Relations, 210-345-4574

Media:
Lillian Riojas, Director – Media Relations and Communications, 210-345-5002

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Safe-Harbor Statement

Statements contained in this release that state the company’s or management’s expectations or predictions of the future are forward-looking statements intended to be covered by the safe harbor provisions of the Securities Act of 1933 and the Securities Exchange Act of 1934.  The words “believe,” “expect,” “should,” “estimates,” “intend,” and other similar expressions identify forward-looking statements.  It is important to note that actual results could differ materially from those projected in such forward-looking statements.  For more information concerning factors that could cause actual results to differ from those expressed or forecasted, see Valero’s annual reports on Form 10-K and quarterly reports on Form 10-Q filed with the SEC and on Valero’s website at www.valero.com, and VLP’s annual reports on Form 10-K and quarterly reports on Form 10-Q filed with the SEC and on VLP’s website atwww.valeroenergypartners.com.

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Valero Energy Board of Directors Elects New Members
Jul 28, 2016 | 158 views | 0 0 comments | 0 0 recommendations | email to a friend | print

 

SAN ANTONIO, July 28, 2016 (GLOBE NEWSWIRE) -- Valero Energy Corporation (NYSE:VLO) announced today that H. Paulett Eberhart and Kimberly S. Greene have been elected to the company’s board of directors.

Eberhart is Chair and CEO of HMS Ventures, a privately held business involved with technology services and the acquisition and management of real estate. Greene is Executive Vice President and Chief Operating Officer of Southern Company (NYSE:SO), a leading U.S energy company, serving 9 million electric and gas utility customers in nine states through its subsidiaries.       

“We are very pleased to welcome Paulett and Kim to our board, as both are outstanding additions and bring a wealth of experience and knowledge,” said Joe Gorder, Valero Chairman, President and Chief Executive Officer.

Eberhart previously served as President and CEO of CDI Corp., a provider of engineering and information technology outsourcing and professional staffing services. She also has served as President and CEO of Invensys Process Systems Inc., a process automation company, and as an employee of Electronic Data Systems Corp., an information technology and business process outsourcing company, where she held roles of increasing responsibility, including senior-level financial and operating roles.

She is on the boards of Anadarko Petroleum Corp. (NYSE:APC), Ciber Inc. (NYSE:CBR) and LPL Financial Holdings Inc. (NASDAQ:LPLA), and is a Certified Public Accountant.

Greene previously was President and Chief Executive Officer of Southern Company Services Inc., and Executive Vice President and Chief Generation Officer of the Tennessee Valley Authority. While at TVA, she served as Chief Financial Officer, Executive Vice President of financial services and Chief Risk Officer, as well as Group President for strategy and external relations.

She began her career at Southern Company in 1991, and held positions of increasing responsibility in the areas of engineering, strategy, finance and wholesale marketing. Greene also serves on the board of the Electric Power Research Institute.

About Valero 
Valero Energy Corporation, through its subsidiaries, is an international manufacturer and marketer of transportation fuels, other petrochemical products and power. Valero subsidiaries employ approximately 10,000 people, and assets include 15 petroleum refineries with a combined throughput capacity of approximately 3 million barrels per day, 11 ethanol plants with a combined production capacity of 1.4 billion gallons per year, a 50-megawatt wind farm, and renewable diesel production from a joint venture. Through subsidiaries, Valero owns the general partner of Valero Energy Partners LP (NYSE:VLP), a midstream master limited partnership.  Approximately 7,500 outlets carry the Valero, Diamond Shamrock, Shamrock, and Beacon brands in the United States and the Caribbean; Ultramar in Canada; and Texaco in the United Kingdom and Ireland. Valero is a Fortune 500 company based in San Antonio. Please visitwww.valero.com for more information.

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KC hosts grand re-opening of library, dedication of Mike Miller Plaza
Jul 28, 2016 | 230 views | 0 0 comments | 1 1 recommendations | email to a friend | print

 

Kilgore College held a public ceremony July 28 to officially re-open the Randolph C. Watson Library and dedicate the new Mike Miller Plaza on the Kilgore campus.

 

Built in in 1967, the library underwent a $2 million redesign and renovation over the last year with Transet Co. serving as project manager.

 

Designed to transform the role and function of the traditional library, the bottom floor of the Watson Library now has computer pods, lounge areas with new furniture and a coffee shop.

 

Upstairs now contains the traditional book area with large glassed-in rooms for group study and two large computer labs.

 

Maximum guaranteed prices for the library project and renovations of the Lee Mall area were unanimously approved by the KC Board of Trustees at their July meeting in 2015.

 

The board also approved roughly $1 million to construct a park area in the central portion of campus where the Martha Pfaff Ivan Liberal Arts Building was located prior to demolition in 2014.

 

Money for construction of the Mike Miller Plaza and new plant garden area was donated by Mike Miller upon his death in 2007.  It features a star design in the center of campus and a new plant garden located on the west side of the new park.

 

Miller, originally from Henderson, attended KC where he began a long and distinguished relationship with the college and the Rangerette organization.

 

 

More information about Mike Miller and the Lee Mall:

 

Lee Mall and the Mike Miller Plaza are located centrally on the Kilgore campus, designed as a common area for students to relax and as a central location for college events.  The location is the former home of the Ivan Liberal Arts Building which was demolished in 2014.  Lee Mall encompasses the walkways that lead from east to west on campus. 

 

Mike Miller:

 

Miller, originally from Henderson, attended KC after high school which began a long and distinguished relationship with the college.  Miller earned a Bachelor of Business Administration and a Master of Business Administration from Southern Methodist University and went on to serve as Senior Vice President of the National Spirit Group, Ltd., the group that became the parent company of the National Cheerleaders Association, Cheerleader Supply and NCA Superstar Dance Program camps. He was responsible for the dance, drill team and pom pom programs of the company which he originally helped develop in 1975. He started NCA Superstar with 10 camps and 887 summer camp participants. Under his direction, the NCA Superstar Dance Program was the largest in the United States with more than 30,000 students participating in camps throughout 27 states. In January of 1993, Mike left the National Spirit Group to start his own company, Mike Miller & Associates Special Events. The company continues today to place cheerleaders and dancers in football bowl game halftime shows and parades. In addition, his company nationally coordinates and produces events not related to the spirit industry. Both Southern Methodist University and Kilgore College have were his benefactors. He has endowed more than 18 scholarships alone to Kilgore College, 12 of which directly benefit and impact the Kilgore College Rangerette organization.

 

Lee Mall:

 

The Lee Mall was named after Davis Russell “Rusty” Lee who worked in maintenance at KC for 47 years where he served under the first six presidents at Kilgore College. The mall area located in the central part of campus was named in his honor on Aug. 31, 1989.  Lee was first employed at KC in 1942 in maintenance.  From 1943-46 he served in the U.S. Army during World War II in the Philippines and Japan.  In 1946 he resumed his work at KC as supervisor of maintenance where he was responsible for firing the boilers, handling the mail, mowing the lawns, trimming the hedges, maintaining the flower beds and planting the shrubs and trees on campus.  He planted almost all of the now old trees at KC, most of which were transplanted as young saplings from the surrounding Kilgore area.  He also taught horticulture classes at KC, primarily in the establishment and maintenance of the school's trees and shrubbery.


Photos from the event:
 

 

https://www.flickr.com/photos/kilgore-college/albums/72157671682958775

 

 

 

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Tefteller Law, PLLC files lawsuit in Travis County, Texas State District Court against Martin Marietta Materials, Inc. and TXI Operations, L.P.
Jul 28, 2016 | 240 views | 0 0 comments | 0 0 recommendations | email to a friend | print

Gilmer, Texas, July 28, 2016 – Tefteller Law, PLLC has filed a lawsuit in Travis County, Texas State District Court against Martin Marietta Materials, Inc. and TXI Operations, L.P.  The lawsuit, which was filed on behalf of Steven and Gaye Dodd, alleges that the Defendants created an unreasonably dangerous condition that jeopardized the safety of those who visited the Hunter Cement Plant in New Braunfels, Texas.  According to the lawsuit, the Defendants created such a hazard by improperly welding a steel safety platform that was utilized by truck drivers during loading operations at the plant.

 

Per the lawsuit, the eighteen wheeler Steven Dodd was operating had just been loaded with cement powder; as he climbed on top of the trailer attempting to close a lid to a silo, he braced himself by pressing against TXI’s steel platform.  However, due to the faulty workmanship, a safety rail that had been improperly welded suddenly broke.  As a result, Mr. Dodd fell to the ground, suffering severe internal injuries and a traumatic brain injury.  Emergency medical service personnel then arrived on the scene.  They arranged for Mr. Dodd to be flown via “life flight” to Brackenridge Hospital, Austin, Texas, where he was placed in the intensive care unit.

 

Companies that disregard safety  by creating a dangerous working environment will be held accountable when innocent people get hurt, said Attorney Jarom Tefteller.  Businesses that fail to exercise reasonable care in making their property safe will face liability when injuries arise, said Attorney Ron Armstrong, II.  While quoting the famous words of an old Texas Supreme Court decision, Attorney Chris Bebel noted that, “if a party negligently creates a situation, then it becomes his duty to do something about it,” so as to insure that others are not harmed.

 

Tefteller Law, PLLC is an East Texas law firm that represents people from across the state who have sustained serious injuries.  Tefteller Law attorneys enjoy well over 100 years of total legal experience.  Tefteller Law is pursuing this case  in conjunction with Ron and Amanda Armstrong, The Armstrong Firm, PLLC, San Antonio, Texas.  As stated by Tefteller, we are pleased that Ron and Amanda Armstrong will be joining our fight for justice; their involvement adds a great deal of firepower and expertise.

 

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JOHNATHAN SILVER, The Texas Tribune

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