Asphalt plant component purchase for Brock

Ben Brock has purchased an asphalt plant component business.
By MJ Woof July 23, 2020 Read time: 1 min
Ben Brock purchased asphalt component business JBK Enterprises and has renamed the firm BROCK

Ben Brock, former president and CEO of Astec Industries, has acquired substantially all of the assets of JBK Enterprises. Brock is now the president and CEO of the company, which has been renamed BROCK following the acquisition. FourBridges Capital Advisors acted as exclusive financial advisor to Brock, while Baker Donelson provided legal counsel for the deal.

Previously owned by Lori Stafford, JBK was founded in 1990 as a manufacturer and after-market parts supplier for asphalt plant owners. JBK’s office and manufacturing facility are located in Georgetown, Tennessee.

Brock served in various roles with Astec from 1993 until 2019, when he left the company after serving as president and CEO for over five years. “I’m very excited to be back in the asphalt industry with this acquisition. I’m also excited about our team —successful industry veterans who have all worked together over the years,” Brock said.

Materials

Related Content

  • XCMG hosts Chinese premier Xi Jinping
    May 11, 2018
    XCMG recently hosted Chinese president Xi Jinping. During his annual national inspections following the 19th CPC National Congress, President Xi started his tour by reviewing operations at the XCMG headquarters During this particular stop, President Xi voiced his support for XCMG’s independent research and innovation, and the ways the company has strengthened the development of the economy and the manufacturing industry.
    Read More
  • Patrik Ketti on the road again with Hyundai
    February 25, 2022
    After a life-changing accident, Swedish excavator operator Patrik Ketti worked with local Hyundai* dealer Orsa Maskin to find a solution for getting back into his cab.
    Read More
  • Caterpillar CEO Doug Oberhelman retiring
    October 17, 2016
    Caterpillar chairman and CEO Doug Oberhelman is retiring after more than 41 years with the company. This will become effective from March 31st, 2017. During his time as chairman and CEO, Oberhelman has boosted the company’s focus on serving customers while also driving a culture of quality and safety. Oberhelman led the company to its highest sales and revenue peak in its 91-year history in 2012, and, since that time, has successfully led the company through the unprecedented downturn affecting our key indu
    Read More
  • Ammann pushes the utilisation rate of recycled asphalt even higher
    December 16, 2016
    The Ammann team was confident it had a game-changer on its stand when the 2007 bauma exhibition opened in Munich. The company’s RAH100 asphalt dryer was about to take a massive step forward for the global highway industry – and to lead the market for years to come Ammann’s RAH100 wasn’t a simple upgrade of an existing product. It was much bigger than that. The dryer offered the ability to utilise 100% recycled asphalt … a benefit no other competitor could match. “That 100% utilisation rate was a miles
    Read More

Highlighted Content