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

  • Road savvy WIM prolongs highways and saves nations vital cash
    May 28, 2013
    A leading WIM system manufacturer is playing a key role in efforts to reduce the number of overloaded trucks costing developing economies around the world billions of dollars in accidents and damage to roads, while another company has won a major contract in South America. Guy Woodford reports. The prevalence of overloaded trucks on the road networks of developing countries and the accidents and structural damage they cause wastes valuable, limited resources in some of the world’s poorest economies, diverti
    Read More
  • Sandvik Construction look ahead with 2020 strategy
    January 6, 2017
    Dinggui Gao has been in post as president of Sandvik Construction since October 2013, and in that short time has travelled thousands of miles meeting customers. He and his team now have a clear idea of the company’s strategy up to 2020, a strategy that was finalised in the last quarter of last year. “To me the best value in meeting our customers is to understand their needs and understand how they operate their business,” says Gao, who is known by his initials, DG. Understood to be the first Chinese pers
    Read More
  • Sandvik Construction look ahead with 2020 strategy
    March 6, 2014
    Dinggui Gao has been in post as president of Sandvik Construction since October 2013, and in that short time has travelled thousands of miles meeting customers. He and his team now have a clear idea of the company’s strategy up to 2020, a strategy that was finalised in the last quarter of last year. “To me the best value in meeting our customers is to understand their needs and understand how they operate their business,” says Gao, who is known by his initials, DG. Understood to be the first Chinese pers
    Read More
  • Eurobitume Congress: Prague promises
    June 22, 2016
    Held every four years, the Eurasphalt and Eurobitume congresses have a reputation for revealing developments that will shape the future of bitumen use on Europe’s roads. This year’s event in Prague promises to uphold that reputation. By Kristina Smith The list of locations for the Eurobitume and Eurasphalt (E&E) Congresses reads like a traveller’s dream itinerary: Strasbourg, Barcelona, Vienna, Copenhagen, Istanbul. Now the beautiful city of Prague has been added to the list. Between 1-3 June, presenter
    Read More

Highlighted Content