Establishing Ourselves as Leaders in the Liquid Asphalt Industry for the Past 70 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.
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.