• OUR HISTORY

    A sunset view of our asphalt terminals with train tankers sitting next to it. Our History

Establishing Ourselves as Leaders in the Liquid Asphalt Industry for the Past 75 Years

From our humble beginnings as Fuel Oil & Equipment Company in Roanoke, VA, to our modern presence as leaders in the asphalt industry across the Eastern United States, Associated Asphalt has always focused on the same thing: providing quality products and service that over-delivers the needs of our customers.

1948 – 2000

Our History Begins when Associated Asphalt Establishes Itself in the Liquid Asphalt Industry

1948 – Company is founded as Fuel Oil & Equipment Company, Inc.
1960s – Company begins selling liquid asphalt in Roanoke.
1984 – Expands asphalt business with acquisition of the Inman, SC terminal.
1988 – Bill Kirk succeeds his father, J. W. Kirk JR., CEO, as President.
1996 – Bill Kirk becomes President & CEO.
1997 – Company acquires third terminal in Salisbury, NC, divests all non-asphalt businesses.
1997 – The Company changes it’s name from Fuel Oil & Equipment Company to Associated Asphalt.

2000 – 2011

Associated Asphalt Continues to Expand Service Area

2003 – Associated Asphalt is acquired by Thayer Capital Partners.
2004 – Associated Asphalt acquires Greensboro, NC terminal.
2005 – Executes Greenfield Terminal development in Martinsburg, WV.
2006 – ArcLight acquires majority interest.
2007 – Associated Asphalt acquires Mariani Asphalt in Tampa, FL and Intermont with terminals in Bristol, VA, Charlotte, NC, and Gainesville, GA.

2011 – Present

Associated Asphalt is Positioned as Largest Liquid Asphalt Supplier on East Coast

2011 – Associated Asphalt begins Greenfield Construction of polymer-modified asphalt (PMA) facility at Greensboro, NC terminal and letdown equipment at Inman, SC and Martinsburg, WV.
2012 – GS Capital Partners Acquires Associated Asphalt.
2012 – Associated Asphalt acquires SEACO.
2013 – Associated Asphalt purchases Lake City, FL terminal and installs PMA capabilities, entering the North Florida performance grade (PG) market.
2013 – Leases Savannah, GA and Hopewell, VA terminals, expanding markets in SC, GA, and Central/Eastern VA.
2014 – Relocates Corporate Office to Downtown Roanoke.
2015 – Associated Asphalt purchases Winston-Salem, NC terminal for direct rail access to NC; Tampa expands Polymer & Rubber PG production at Florida terminal and purchases Hopewell, VA terminal.
2016 – ArcLight reacquires Associated Asphalt.
2017 – Associated Asphalt acquires Axeon Marketing and storage capacity at 13 leased terminals from the Bronx, NY to Jacksonville, FL.
2018 – Leases Port Manatee FL, Port Everglades FL, Port Canaveral FL, and Jacksonville FL terminals, expanding its presence in Florida.
2023 – Ergon Asphalt & Emulsions acquires Associated Asphalt; the company now operates as part of Ergon’s Pavement & Coating Resources business segment under the leadership of Patrick Nation.