Speedway SuperAmerica and Pilot Corp. officially finalized the transaction that formally creates Pilot Travel Centers LLC.

Speedway parent company Marathon Ashland Petroleum and Pilot announced in March that they had signed a letter of intent to combine their travel center operations. Each company has a 50 percent interest in Pilot Travel Centers LLC, in what will now be the largest travel center network in the nation with more than 235 locations, according to the companies.
The new venture, based in Knoxville, Tenn., will have approximately 11,000 employees. James A. Haslam III will serve as president and CEO.
Based in Findlay, Ohio, Marathon Ashland Petroleum is the nation's fifth largest refiner with 935,000 barrels-per-day capacity in its seven-refinery system.
Based in Knoxville, the privately owned Pilot Corporation operates 67 convenience stores in Tennessee and Virginia, in addition to its approximately 140 travel centers.
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