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

  • Sandvik gives Argentine advantage to Canteras Amadeo
    February 20, 2014
    Cutting-edge Sandvik Construction equipment is said to be giving ambitious Argentinian quarry firm Canteras Amadeo a commercial advantage Starting life as a one-quarry enterprise in Córdoba, Argentina, in 1999, Canteras Amadeo is a flourishing business with additional operations in Cordoba and Santiago del Estero. Key to its success is said to be its owners’ embrace of technological improvement, and their choice of Sandvik equipment to improve their processes.
    Read More
  • Don't buy, subscribe instead... and stay ahead of the pack
    September 19, 2024
    The traditional way of doing things is to own the construction equipment you need on site. You can buy, or you can rent. You mix and match your technology needs with what is happening on site and your costs go up and down accordingly. However, a new model is emerging: Subscriptions. Take out a flat-fee plan and let someone else make sure you can get access to the latest thinking and the cleverest technology. Pete Kennedy reports.
    Read More
  • New deals between testing equipment companies are good news for customers
    May 22, 2014
    This month we report on two very different deals which see materials testing equipment companies in Italy and Australia joining forces and the result should be more competition, better machines and better prices for customers - Kristina Smith writes Italy’s CONTROLS Group has acquired Autralia’s IPC Global in a deal signed on 31 March this year.The first of two deals which see Italy and Australia joining forces came in March this year. CONTROLS Group acquired Australian material testing equipment manufactur
    Read More
  • Asphalt plants looking at greener production systems
    April 10, 2012
    A wide variety of new equipment and technology to assist production at asphalt plants is about to be launched onto the market, while asphalt producers are continuing to look at greener working practices. Guy Woodford reports. Lintec, in partnership with Loesche, recently created what they say is the world’s first containerised Coal Mill Plant for independent coal dust supply at the jobsite which offers mobility and high economic efficiency through the substitution of gas or oil with coal.
    Read More

Highlighted Content