TravelCenters of America and Mobil Delvac™ Donate $50,000 to Folds of Honor

Rhea-AI Summary

TravelCenters of America Inc. (Nasdaq: TA) has partnered with Mobil Delvac to donate $50,000 to Folds of Honor, supporting educational scholarships for the families of fallen and disabled service members. This marks the fifth consecutive year of donations, totaling $250,000 since their collaboration began. The initiative honors veterans on Veterans Day, emphasizing the importance of education for their families. Folds of Honor has provided nearly 29,000 scholarships since 2007, aiding military dependents affected by war.

Positive

• Donation of $50,000 to Folds of Honor enhances company reputation.
• Total donations of $250,000 strengthen corporate social responsibility commitment.
• Positive public relations through support for veterans' families.

Negative

• None.

WESTLAKE, Ohio--(BUSINESS WIRE)-- TravelCenters of America Inc. (Nasdaq: TA), nationwide operator and franchisor of the TA, Petro Stopping Centers and TA Express travel center network, has teamed up with Mobil Delvac™ heavy-duty diesel engine oil to donate $50,000 to Folds of Honor, an organization providing educational scholarships to the spouses and children of America’s fallen and disabled service members.

(Photo: Business Wire)

This is the fifth year in a row that TA and Mobil Delvac heavy-duty diesel engine oil have come together to support Folds of Honor and pay tribute to fallen service members. To date, the companies together have donated a total of $250,000 to the organization.

“As a nearly 50-year-old American company, we are proud to support U.S. veterans and active-duty military,” said Jon Pertchik, Chief Executive Officer of TA. “On this Veterans Day, we honor those who have made the ultimate sacrifice, and are pleased this donation will provide educational support for the families of those who have fallen.”

“We are thankful for the contributions of our veterans and are proud to honor them by supporting scholarships that will help their families achieve their dreams through education,” added Kristine Amy, Mobil Delvac USA Commercial Brand Manager.

Since launching in 2007, Folds of Honor has awarded nearly 29,000 educational scholarships to the families of these American heroes. There are more than 1 million disabled and fallen service members and nearly two million dependents of military heroes adversely affected by war.

About TravelCenters of America

TravelCenters of America Inc. (Nasdaq: TA) is the nation's largest publicly traded full-service travel center network. Founded in 1972 and headquartered in Westlake, Ohio, its more than 18,000 team members serve guests in over 275 locations in 44 states and Canada, principally under the TA®, Petro Stopping Centers® and TA Express® brands. Offerings include diesel and gasoline fuel, truck maintenance and repair, full-service and quick-service restaurants, travel stores, car and truck parking and other services dedicated to providing great experiences for its guests. TA is committed to sustainability, with its specialized business unit, eTA, focused on sustainable energy options for professional drivers and motorists, while leveraging alternative energy to support its own operations. TA operates over 600 full-service and quick-service restaurants and nine proprietary brands, including Iron Skillet® and Country Pride®. For more information, visit www.ta-petro.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211111005028/en/

Tina Arundel

TravelCenters of America

440-250-4758

tarundel@ta-petro.com

Source: TravelCenters - General

FAQ

What is the recent donation amount by TravelCenters of America to Folds of Honor?

TravelCenters of America donated $50,000 to Folds of Honor.

How much has TravelCenters of America donated to Folds of Honor in total?

In total, TravelCenters of America and Mobil Delvac have donated $250,000 to Folds of Honor.

What organization benefits from TravelCenters of America's donations?

The donations benefit Folds of Honor, which provides educational scholarships to military families.

Why is TravelCenters of America making this donation?

The donation is made to honor fallen and disabled service members on Veterans Day.

How many scholarships has Folds of Honor awarded since 2007?

Folds of Honor has awarded nearly 29,000 scholarships since 2007.