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Valero Energy Corporation and Ultramar Diamond Shamrock Corporation (UDS)have teamed up to contribute $500,000 to the American Red Cross to assist with the massive relief efforts needed as a result of Tuesday's terrorist attacks in New York and Washington, D.C.
The two San Antonio-based refining and marketing companies announced in May plans for a merger which is expected to be completed later this year. The companies would operate a branded network of more than 6,000 convenience stores.
"This is a time for Americans to clearly demonstrate that we pull together in times of need," said Bill Greehey, chairman and CEO of Valero. "It's time to show the world that while terrorists may attempt to strike fear in the hearts of Americans, we're not afraid. And, it's time to show the world that this tragedy is only going to make us stronger. We should all do our part and show the world what Americans are made of."
In addition to the corporate contributions, the two companies are also collecting individual pledges from their employees and conducting food and blood drives.
"We may be separate companies, but we're absolutely unified in agreeing it's our responsibility to help the thousands of individuals and families who were impacted by this tragedy," said Jean Gaulin, chairman and CEO of UDS. "It's critical that we all do our part to support our neighbors in our national community."