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

  • Asphalt plant operators offer fuel for thought
    August 28, 2013
    Asphalt plant operators across continental Europe are said to be increasingly turning to pulverized lignite to fuel or partially fuel production, while leading plant manufacturers have been busy closing key deals with customers in Russia, Bangladesh and Switzerland. Guy Woodford reports. Financially astute asphalt plant operators in Europe are said to be increasingly using pulverized lignite, also known as brown coal, from Germany to fuel or partially fuel production. Under the product name ‘Lignite Energ
    Read More
  • Certified safe: ARTBA president talks future highways and safety
    January 16, 2020
    What keeps Dave Bauer* up at night? David Arminas caught up with the head of ARTBA at his Washington D.C. office during daylight hours
    Read More
  • Plant advances for asphalt production boost efficiency
    May 30, 2018
    Advances in asphalt plant technology will boost efficiency for producers, while increasing the percentage of recycled materials that can be used in the mix - Mike Woof writes. Asphalt plant technology continues to advance as the rival firms fine-tune their technologies for greater performance. New plants can give higher quality output due to new control technologies, while also allowing for recycled asphalt pavement (RAP) to be used more efficiently, while still ensuring tight mix specifications are met. A
    Read More
  • Terex Cranes is bullish with strong results
    February 25, 2019
    Terex Cranes reports strong financial performance, with fourth quarter 2018 net sales of $1.2 billion. This performance is an increase of 16% compared with the $1.1 billion achieved for the fourth quarter of 2017. For the full year 2018, Terex reported net sales of $5.1 billion, an increase of 18% over the $4.4 billion achieved for 2017. Meanwhile Terex has also announced it plans to to sell its Demag Mobile Cranes business to the Japanese firm Tadano. In addition, Terex Cranes will exit the mobile crane
    Read More

Highlighted Content