RelaDyne Founder, Mid-Town Petroleum
A proven entrepreneur, Jeff has more than 25 years of business experience in the petroleum industry in operations, marketing, finance, and applied technology. Since 2003 he has served as president of Mid-Town Petroleum, a company started in 1955 by Jeff’s father-in-law. During Jeff’s tenure, the company became one of the largest lubricant distributors in the Midwest, growing from $4 million in sales to $40 million and from 7 employees to 60.
Jeff began his career with the management development program of Enterprise Rent-A-Car. From there, he founded his first business, Oilspot.com, Inc., in 1998, raising $5 million in venture capital to expand the business and launch one of the first successful e-commerce products for the lubricant industry. Oilspot.com grew rapidly and in less than three years, developed a customer base of more than 50 lubricant manufacturing and distribution companies before its acquisition in 2000 by FuelQuest Inc, where Jeff served for three years as Vice President of Business Strategy. Jeff is also founder and chairman of BioBlend Renewable Resources, a Chicago-based manufacturer and marketer of bio-based lubricants. These products reduce water pollution and improve the sustainability of the supply chain while protecting valuable equipment.
Jeff Hart leads RelaDyne’s strategic market expansion and product partnerships. Drawing on his relationships with industry-leading lubrication-related businesses in diverse market segments, Jeff is building new partnerships for RelaDyne that spur the company’s growth and expand its geographic reach—while broadening its offering of products and services to create greater customer value.