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U.S. Venture, Inc.

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U.S. Venture, Inc. Company Research Report



Company Overview



  • Name: U.S. Venture, Inc.

  • Mission: Finding a Better Way to create a sustainable future through innovative transportation products and sustainability solutions.

  • Founded: 1951

  • Founders: Brothers Art and Ray Schmidt

  • Key People:

  • Eric Kessenich, CEO

  • Other notable members in leadership roles

  • Headquarters: 425 Better Way, Appleton, Wisconsin, USA

  • Number of Employees: No information is available

  • Revenue: No information is available

  • Known For: U.S. Venture is recognized as an innovative leader in the energy industry, focusing on the distribution of renewable and traditional energy products, lubricants, tires, and parts. It uses data-driven insights to manage energy and information in the global movement of goods.


Products and Services



U.S. Energy


  • Description: A vertically integrated solutions provider proficient in refined products, alternative fuels, and environmental credits.


U.S. AutoForce


  • Description: A leader in the U.S. automotive aftermarket, known for distributing tires, parts, and lubricants.


U.S. Lubricants


  • Description: Provides lubrication products and programs across North America, focusing on automotive, commercial fleet, and industrial markets.


Breakthrough


  • Description: Offers sustainable fuel and freight solutions for shippers, aiming to reduce costs, create efficient networks, and decarbonize transportation.


IGEN


  • Description: Comprehensive excise tax compliance software designed to meet the needs of heavily regulated industries for the entire compliance lifecycle.


Key Features of Products



  • U.S. Energy: Provides comprehensive energy strategies, offering access to refined products, alternative fuels, and environmental credits.

  • U.S. AutoForce: Supplies a broad range of tires, parts, and lubricants with strategic distribution centers, ensuring efficient delivery.

  • U.S. Lubricants: Offers a wide selection of lubriants and customized solutions through expert sales teams and state-of-the-art blending facilities.

  • Breakthrough: Provides strategic transportation management solutions utilizing data and market insights to reduce shipper costs.

  • IGEN: Tax compliance platform with a focus on automation, data accuracy, and streamlining the tax compliance process.


Recent Developments



  • CEO Transition: Eric Kessenich assumed the role of CEO in 2024, with John Schmidt retiring to become Chairman of the Board.

  • Sustainability Commitment: U.S. Venture continues to advance its sustainability goals, focusing on reducing transportation-related greenhouse gas emissions.

  • Industry Recognition: Achieved a top position in Deloitte's 2024 Wisconsin 75 List for growth and innovation.

  • Acquisitions: U.S. AutoForce has expanded through the acquisition of entities such as Pacific Tire Distributors and Max Finkelstein, enhancing its distribution capabilities.

  • Partnerships: Collaborated with Bridgestone to bring the TAT Freedom Drivers Project to Wisconsin, aiming to educate on human trafficking.

  • Community Impact: Raised substantial funds through initiatives like the U.S. Venture Open to aid poverty alleviation.


Conclusion



U.S. Venture, Inc. stands out in the energy sector, providing diverse products and services through its subsidiaries. With a strong focus on sustainability and innovation, the company remains a reputable name, supported by strategic partnerships, acquisitions, and community efforts.