Skip To Content

Newsroom

Remembering Ray Schmidt U.S. Venture’s last living founder, passes away at 93

APPLETON, WI – March 11, 2021 – On March 8, 2021, Ray Schmidt, U.S. Venture’s last living founder, passed away at the age of 93. Ray and his brother, Art, founded Schmidt Brothers Oil in 1951, and their father, Albert, later joined the business. A decade later, their younger brother, Bill, replaced Albert. Together, the […]

U.S. Venture Earns Designation as a Great Place to Work-Certified™ Company in 2021

Certification Showcases Importance of Culture and Values APPLETON, WI – February 9, 2021 – U.S. Venture announced today that it is Great Place to Work Certified™. Great Place to Work is the global authority on workplace culture, employee experience, and the leadership behaviors proven to deliver market-leading revenue and increased innovation.  Each year, Great Place […]

U.S. Venture Ranked #5 on Deloitte’s 2020 Wisconsin 75 List for Second Year

Most successful privately-owned companies in Wisconsin recognized  APPLETON, WI — November 30, 2020 — Every year, Deloitte celebrates 75 of the largest and most successful private companies, the Wisconsin 75, for the impact they make towards growth and innovation in Wisconsin. For the second year in a row, U.S. Venture, Inc. has been named in […]

U.S. Venture Welcomes New Chief Information Officer

Appleton, Wisconsin, August 17, 2020– U.S. Venture, Inc. is excited to welcome Anil Tiwari to the team as the new Chief Information Officer. As CIO, Anil will be responsible for leading and overseeing the vision, strategy and operations of enterprise-wide IT operations. He will provide strategic IT leadership and direction for U.S. Venture and its business units […]

U.S. Oil Expands Chicago Retail Footprint With Acquisition Of 45 Sasafrasnet Accounts

U.S. Oil, the petroleum and renewable energy distribution division of U.S. Venture, Inc., announced today that it has purchased the branded wholesale fuel supply businesses of Sasafrasnet, LLC and Esquire Petroleum, LLC. This acquisition allows U.S. Oil to strengthen its fuel marketing footprint in the Chicago market and further support its fuel terminal network. The acquired […]

U.S. Venture hires Mian as Vice President of Sustainability

Appleton, Wisconsin, August 11, 2020– U.S. Venture, Inc. proudly announces the addition of Iqbal Mian, Vice President of Sustainability, as the company marches toward a reduction in their environmental impact. In his new role, Mian will be responsible for expanding the sustainability strategies, goals and initiatives for U.S. Venture by identifying new opportunities and expanding upon […]

AOT Energy Americas Completes The Sale Of Its Rack Business To U.S. Oil

AOT Energy Americas (AOTEA) is pleased to announce that it has transacted the sale yesterday of its Rack business based out of Houston, Texas to U.S. Oil a division of U.S. Venture Inc. a leading and long-established energy and transportation products distributor.  AOTEA`s parent AOT Holdings A.G. based out of Steinhausen, Switzerland believes that this […]

Celebrating the Life of U.S. Venture Founder Art Schmidt

On June 28, 2019, Art Schmidt, one of U.S. Venture’s founders, passed away peacefully at the age of 93. Art and his brother, Ray, founded Schmidt Brothers Oil in 1951, and their father, Albert, joined the business a few years later. In 1961, their younger brother, Bill, replaced Albert. Together, the three brothers tenaciously grew […]

U.S. Oil Hires Chris Wilson As Business Development Manager

Appleton, Wis. – June 24, 2019 – U.S. Oil, a division of U.S. Venture, Inc., hashired Chris Wilson as a business development manager to oversee current and future opportunities in the North Texas and Southwest markets in a continuing effort to grow the branded and unbranded fuel supply sector of business. “Chris brings two decades of brand […]

Alison Schmidt Joins Society Of Independent Gasoline Marketers Of America (SIGMA) Board Of Directors

Alison Schmidt, national sales director for U.S. Oil, a division of U.S. Venture, Inc., has joined the board of directors for the Society of Independent Gasoline Marketers of America (SIGMA), an organization working to benefit its members by helping them improve their ability to succeed in a free and fully competitive market for transportation fuels. […]