ROHSTOFF INTERNATIONAL

16:25 | 14.03.2018
Asphalt Inc., LLC Announces Expanded Operations

Asphalt Inc., LLC has expanded operations in Texas. The company
now has three lines of business under the assumed names of Lone Star
Aggregates, Asphalt Inc. and Lone Star Paving. Collectively, they form
the State’s premier vertically integrated paving company, providing
aggregate mining, asphalt manufacturing, and asphalt paving services.

Lone Star Aggregates, which runs the company’s aggregate division, is
pleased to announce its two new quarry locations in Florence and New
Braunfels, with a third location planned and permitted in Marble Falls.
Asphalt Inc., the division tasked with running the company’s asphalt
manufacturing business, recently added three new plants in Florence,
Kerrville, and New Braunfels. The three new plants join the company’s
existing plants in east Austin and Spicewood and give the company a
strong foothold in the entirety of the Central Texas region.

Lone Star Paving, the division that performs the company’s asphalt
paving services, has opened a new corporate office in Temple. With this
new office, Lone Star has divided into three divisions – South Texas,
Central Texas and North Texas. The new divisions will be headed by
Division Presidents Allen Knox (Central), Ryan Ohlendorf (South), and
Joe Naivar (North). In addition, Asphalt Inc., LLC has named Dean
Lundquist the Chief Operating Officer and Greg Morisey the President.
All five will report directly to the CFO, Steve Spinn and CEO, Jack
Wheeler.

Joe Naivar and Greg Morisey will join Joshua Condon, Deputy General
Counsel as the newest members to the company’s executive team which
includes Ben Carroll, Thomas Playfair, Allen Knox, Ryan Ohlendorf, Dean
Lundquist, Steve Spinn, Jack Wheeler and John Ramming, Chairman of the
Board.

Since opening in January 2015, Austin-based Asphalt Inc., LLC has been
the fastest growing vertically integrated paving company in Texas with
approximately 400 employees.

View source version on businesswire.com: http://www.businesswire.com/news/home/20180314005740/en/


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