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Gate Roofing Company was created during 1978 in Green Cove Springs, Florida to manufacture asphalt felt. The business was successful and the plant was expanded and operated 24/7 before being sold to Tamko Building Products in 1994. [2] [3] In the early 1980s, Peyton transformed the company from a petroleum retailer to a diversified conglomerate.
In 1997, he acknowledged owning 80 percent of Gate Petroleum, with the remaining 20 percent belonging to "the Brothers"; long-term employees (men and women) who were instrumental in the company's growth, [3] [4] which had 2006 revenues of over U.S. $1.28 billion.
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Peyton's father is Herb Peyton, founder and principal owner of Gate Petroleum, one of the largest privately held companies in the state.They have made a considerable fortune developing, buying and selling land to both the state and federal governments, as well as owning Ponte Vedra Inn and Club and other clubs and resorts, 225 Gate Gas and convenience stores in the southeastern United States ...
Greensboro, NC, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Invenco by GVR, a worldwide retail and payment technology leader, announced today that GATE Petroleum Company has awarded the company a technology contract for their Passport retail platform after an extensive yearslong comparison review of point of sale (POS) options for all convenience stores.
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