Paragon Oil Car Magnet
7.5'' × 4.5'' / Rectangle / 1 pc
$6.99
Sale price
$6.99
Regular price
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GhostCorp Apparel - resurrecting iconic corporate ghosts.
Bring a chapter of New York business history along on the road with a Paragon Oil car magnet. Founded by the Schwartz brothers in 1925, the company developed residential oil heaters before building a fuel distribution operation serving city properties and the Northeast. Its postwar government contract supplied fuel oil to Europe, and the company later supported U.S. submarines before its sale to Texaco. The story makes this magnet a fitting accent for collectors interested in regional industry and American energy history.
Paragon Oil was founded in New York City in 1925 by brothers Henry, Irving, Robert, Benjamin, and Arnold Schwartz. The family first built and sold oil heaters designed for residential buildings, earning several patents for their designs, then shifted toward distributing fuel oil to buildings using the heaters. In the early 1930s, the company won a contract to supply fuel to New York City-run buildings. It remained largely a local New York-area business until after World War II, when its location near the docks and five-gallon packaging helped it secure a U.S. government contract to supply fuel oil to Europe during postwar reconstruction. The business later supplied oil to U.S. submarines during the early Cold War and operated delivery trucks across the Northeast, as well as oil tankers. The Schwartz brothers sold the company to Texaco in the late 1950s; the sale became final in the early 1960s. Most of the brothers later used proceeds to help establish the Brookdale Foundation and support charitable and educational institutions, especially in the New York metropolitan area. The company is unrelated to a present-day Brooklyn business with a similar name.
Paragon Oil Car Magnet
$6.99
Sale price
$6.99
Regular price
Bring a chapter of New York business history along on the road with a Paragon Oil car magnet. Founded by the Schwartz brothers in 1925, the company developed residential oil heaters before building a fuel distribution operation serving city properties and the Northeast. Its postwar government contract supplied fuel oil to Europe, and the company later supported U.S. submarines before its sale to Texaco. The story makes this magnet a fitting accent for collectors interested in regional industry and American energy history.
Paragon Oil was founded in New York City in 1925 by brothers Henry, Irving, Robert, Benjamin, and Arnold Schwartz. The family first built and sold oil heaters designed for residential buildings, earning several patents for their designs, then shifted toward distributing fuel oil to buildings using the heaters. In the early 1930s, the company won a contract to supply fuel to New York City-run buildings. It remained largely a local New York-area business until after World War II, when its location near the docks and five-gallon packaging helped it secure a U.S. government contract to supply fuel oil to Europe during postwar reconstruction. The business later supplied oil to U.S. submarines during the early Cold War and operated delivery trucks across the Northeast, as well as oil tankers. The Schwartz brothers sold the company to Texaco in the late 1950s; the sale became final in the early 1960s. Most of the brothers later used proceeds to help establish the Brookdale Foundation and support charitable and educational institutions, especially in the New York metropolitan area. The company is unrelated to a present-day Brooklyn business with a similar name.
| 7.5'' × 4.5'' | |
| Width, in | 7.50 |
| Height, in | 4.50 |
Product features
- 100% vinyl face with matte finish for a muted, non-reflective look
- Black magnetic backing grips metal surfaces and removes cleanly
- All-weather durability—resists rain and sun exposure
- Available in three sizes to fit vehicles, toolboxes, or merch displays
- Printed with Digital-Direct Printing (DDP) for sharp, long-lasting color
Care instructions
- Wipe the dust off gently with a soft, dry cloth.