-
But Postl faces some big problems with the motor-oil industry that he didn't have in the cookie business.
FORBES: Oreos and lubricants
-
Postl is also looking at selling the company's Shreveport, Louisiana, refinery and some of the 1, 180 company-owned oil-change centers.
FORBES: Oreos and lubricants
-
Postl figures he can wring 2% to 3% annual growth out of the business simply by increasing advertising and exploiting the company's relationships with retailers and fast-lube chains.
FORBES: Oreos and lubricants
-
Postl says he's pleased with more recent acquisitions, such as Axius, which is bringing out a constant stream of new automotive products, including sunshades, organizer baskets and steering-wheel covers.
FORBES: Oreos and lubricants
-
Postl sees a similar opportunity at Pennzoil-Quaker State Co.
FORBES: Oreos and lubricants
-
Postl's company also owns the biggest of those chains, Jiffy Lube, which will expand to more than 2, 000 U.S. outlets after Quaker State's Q Lube chain is folded into it later this year.
FORBES: Oreos and lubricants
-
All that market power should give Postl leverage with retailers like Wal-Mart, one of Pennzoil-Quaker State's biggest customers, when he wants to squeeze smaller brands off the shelves to make more room for Pennzoil and Quaker State.
FORBES: Oreos and lubricants