Crompco Calibrates 1,000,000 Fuel Meters
UST Testing and Compliance company tracks data to discover that fuel retailers may be losing $5,700 in fuel profit annually at each site
Plymouth Meeting, PA, February 15, 2018 (Newswire.com) - Crompco LLC, a leading Underground Storage Tank (UST) Compliance Testing and Compliance Management company, today announced that it has now calibrated over one million fuel meters, a number rarely, if ever, seen in the industry. The company's AccuMeasure calibration service assists retailers in identifying and preventing fuel shrink through a combination of innovative equipment, processes and technology.
Crompco first launched its AccuMeasure service in 2009 as a response to a rising customer demand for a more comprehensive, precise and consistent way to calibrate their fuel meters. As Crompco's customer base grew exponentially, the AccuMeasure service team expanded from a single truck and crew to more than 30 crews that visit over 7,000 sites throughout the United States each year.
It's exciting that Crompco AccuMeasure has grown from a one crew-operation to a leading service trusted by the biggest fuel retailers across the United States. As the retail fuel industry continues to evolve, we constantly partner with our customers, dispenser manufacturers, and Weights and Measures in order to advance our knowledge and accuracy. Our ultimate goal is to create the highest level of fuel dispensing accuracy possible to ensure reliability at the pump, which financially benefits both the consumer and retailer.
Bob Dee, President of Crompco
Unlike an open neck, traditional prover system that is vulnerable to vaporization and human error, the AccuMeasure Vapor Elimination Prover (VEP) is a completely closed system. During the meter proving process, air is purged from the system through a series of valves. The prover is precisely measured by a NIST traceable metrology lab to 1/100000 of a gallon, allowing incredible accuracy in testing, as well as re-calibration that approaches true zero. Developed in partnership with Seraphin, the VEP is only available to Crompco and Weights and Measures personnel.
"It's exciting that Crompco AccuMeasure has grown from a one crew-operation to a leading service trusted by the biggest fuel retailers across the United States. As the retail fuel industry continues to evolve, we constantly partner with our customers, dispenser manufacturers, and Weights and Measures in order to advance our knowledge and accuracy. Our ultimate goal is to create the highest level of fuel dispensing accuracy possible to ensure reliability at the pump, which financially benefits both the consumer and retailer."
- Bob Dee, President of Crompco
As a result of calibrating well over a million fuel meters for many of the nation's leading fuel retailers, Crompco has discovered surprising trends and patterns in fuel shrink and profit loss. For example, the average fuel retailer may be giving away $5,700 in fuel per site per year, which often equates to hundreds of thousands (or even millions) of dollars of profit loss. To learn more about the data and findings from over 1,000,000 meter calibrations, check out the infographic: Isn't it time to zero in on fuel shrink?.
Contact: Estera Hayes, MAC4 Communications
Crompco is the nation's industry leader in compliance testing and site management solutions. With 35 years of experience in the petroleum industry, Crompco has expanded from "one man and a truck" to over 220 employees and more than 75 fully trained crews dispersed throughout the United States.
Crompco is headquartered in Plymouth Meeting, PA. Customers include independent operators, private sector companies, government entities and many of today's largest fuel retailers. www.crompco.com
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Crompco and AccuMeasure are trademarks or registered trademarks of Crompco LLC. Other company names, product names and company logos mentioned herein are the trademarks, or registered trademarks of their respective owners.