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In March 1961, James L. and his wife M. Joyce Hanson purchased a petroleum products distribution business located at 940 E. Broadway in Missoula, MT. On March 25, 1961 they opened the business as the Consignee for Union Oil Co. The facilities were owned by Union Oil Co on ground controlled by Burlington Northern Railroad.

The business was operated as a sole-proprietorship until November 14, 1979 – at which time the Hansons incorporated the business, and registered it with the Montana Secretary of State, under the name of Finest Oil Co (FOC).

On January 4, 1988, Steve L. Hanson was elected President of Finest Oil Co – a position in which he continues to serve. FOC has shown steady growth through the years, and as a result of that growth a large “State-of-the-Art” warehouse, with a first in the nation 20,000 gallon bulk-oil storage/dispensing facility on site, was built in 1998.

In addition, at the warehouse site, 3665 Grant Creek Rd, FOC operates their first of four cardlock fueling sites. The other sites are located at 980 E. Broadway, 8448 US Hwy 10 West, and 5355 W. Harrier (South off I-90 on North Airport Boulevard).

FOC currently own, and operates nine truck and tractor delivery vehicles; five tank and van trailers; and five delivery pickups.