Edwin Drake pioneers drill-in-pipe technique to produce oil from the ground, triggering the start of the petroleum industry.
A Brief History of UTLX
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The first-generation tank car is introduced to transport petroleum products.
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John D. Rockefeller and Henry Flagler establish largest oil refinery, Standard Oil Company.
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Standard Oil Company acquires the Star Tank Line fleet for the exclusive use of transporting Standard Oil's petroleum products.
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Union Tank Line is formed to operate the Standard Oil Company tank car fleet.
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The federal government broke up the Standard Oil Company Trust and Union Tank Line Company became a publicly held corporation.
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The company’s name was changed to Union Tank Car Company to avoid the assumption that Union Tank Line operated a railroad line.
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Union Tank Car Company increases its North American footprint by forming Procor, its Canadian affiliate.
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Union Tank Car Company introduces significant tank car design improvements, eliminating under frames, tank bands, running boards and expansion domes.
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Union Tank Car Company begins to build tank cars through partnership with Graver Tank.
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Union Tank Car Company introduced the Funnel Flow car design, which greatly improved the speed and completeness of unloading.
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TransUnion Corp. is created as the parent holding company of Union Tank Car Company, Procor and a variety of other businesses.
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Union Tank Car Company opens its first manufacturing plant in East Chicago, Indiana. It also begins tank car leasing services in Mexico.
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Union Tank Car Company introduces mobile tank car repair capabilities.
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The Marmon Group acquires Union Tank Car Company.
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Union Tank Car Company increases production capacity by 30 percent with the purchase of a manufacturing plant in Sheldon, Texas.
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Union Tank Car Company pioneers an online customer portal, Link-Net, to facilitate leasing activities.
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Union Tank Car Company opens a state-of-the-art tank car manufacturing plant in Alexandria, Louisiana, significantly expanding production capacity.
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Berkshire Hathaway purchases the Marmon Group, which includes Union Tank Car Company.
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Union Tank Car Company, along with Canadian affiliate Procor, acquires 25,000 tank cars and five fixed repair shops from GE Capital Railcar Services. This acquisition increases leased-asset portfolio by 20 percent and repair shop network by 15 percent.
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Union Tank Car Company is the first in the industry to introduce a modified tank car design to conform with the latest regulations governing transport of certain flammable liquids.
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Upgrades and modernization to the Texarkana, Arkansas, facility create the largest full-service repair shop in Union Tank Car Company's network.
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Union Tank Car Company continues to be a leader in tank car manufacturing, leasing and repair. Our management and employees look forward to the next 100 years of providing the best in product and service.