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

  • Plain sailing for Caterpillar’s PM 300 series
    February 22, 2019
    Caterpillar’s revamped small cold planers have upped the stakes in the urban refurbishing market. World Highways deputy editor David Arminas recently caught up with A.J. Lee, global segment manager, on Spain’s Costa del Sol
    Read More
  • Rokbak, the new name for Terex Trucks
    September 2, 2021
    Volvo CE’s off-highway articulated hauler business Terex Trucks has rebranded as Rokbak.
    Read More
  • Lintec & Linnhoff has a new plan for the Indian market
    May 4, 2021
    Lintec & Linnhoff has now ended its partnership agreement with Ardent Maschinenfabrik for the Indian market. Instead, Lintec & Linnhoff has new manufacturing plans for India and is planning to boost its facilities and resources in the country as demand continues to rise for its products.
    Read More
  • Attitude is key to sustainability, says Volvo CE’s Thomas Bitter
    June 27, 2018
    Whether you are in the global Volvo Ocean Race or working on-site locally, sustainability is about attitude as much as technology. David Arminas reports. Technology, sustainability and safety. We ignore these often related themes at our peril. This was the key point made by Volvo Group chief executive Martin Lundstedt during his brief opening presentation at the start of the Building Tomorrow Conference in Spain last October. The conference took place within the harbour of Alicante that was bustling wit
    Read More

Highlighted Content