Ergon Asphalt & Emulsions Acquires Emulsion Plant in Mt. Pleasant, Tenn.
Mon., May 4, 2015
Jackson, Miss. – Ergon Asphalt & Emulsions, Inc. (EA&E) today announced it has acquired an emulsion plant in Mt. Pleasant, Tenn., from Strawser Construction, Inc. EA&E will acquire full ownership of the facility on May 4, 2015. Financial terms were not disclosed.
The Mt. Pleasant emulsion plant provides EA&E with an additional 346,000 gallons of capacity and will allow the company to further extend its market presence in Tennessee. Both cationic and anionic emulsions will be produced at the facility. EA&E expects to hire the majority of the plant’s existing staff.
Baxter Burns, President of Ergon Asphalt & Emulsions, Inc., said, “This strategic acquisition allows us to support our existing customers in Tennessee to an even greater extent. It also gives us the capacity to service new customers in the area. We’re thrilled about this opportunity to better serve the state of Tennessee.”
Patrick Nation, EA&E’s Senior Vice President of Marketing said, “At Ergon Asphalt & Emulsions, we are committed to being the trusted resource in the asphalt and emulsions industry. The addition of the Mt. Pleasant facility increases our ability to be this resource in the Tennessee marketplace.”
Larry Tomkins, Vice President – South Region of EA&E said, “We look forward to adding this plant to the Ergon A&E family. As the emulsion market continues to grow, this plant will strengthen our position as the emulsions leader in this important market area.”
About Ergon Asphalt & Emulsions, Inc.
Ergon Asphalt & Emulsions, Inc. is an Ergon company, and operates as an asphalt and emulsion producer and marketer. The company specializes in the development of superior engineered paving and pavement preservation products.
About Ergon, Inc.
Ergon, Inc. is a privately held company that operates under six primary business segments: Refining & Marketing, Asphalt & Emulsions, Transportation & Terminaling, Oil & Gas, Real Estate and Corporate & Other.
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