Rogers Group purchases Ashmore Bros.
Rogers Group, a fourth-generation company based in Nashville, Tenn., purchased Greer, N.C.-based Ashmore Bros., an asphalt company that also offers mobile crushing and screening services, reports Greer Today. The sale price was not disclosed.
According to Greer Today, Mark Ashmore, president of Ashmore Bros., made the announcement at the company’s annual picnic.
“We’re a third-generation company and we really didn’t have all the people and family in place to go to a fourth generation,” Ashmore says. “With that being said, you better go out on top of your game than the bottom.”
Rogers Group human resources director met with Ashmore employees in late August to discuss the one-year transition that will now take place. Dave Rechter, division vice president, and Greer, plant manager, for the Rogers Group, says the two companies align well with each other.
“When we first approached one another, their core values, in regards to safety, employees and their involvement within the communities they serve, is very much in alignment with our core values at Rogers,” Rechter says.
The purchase allows Rogers Group to expand into North Carolina. According to Greer Today, the sale connects Rechter’s territory that also includes North Carolina and Virginia.
“This is a natural progression for us,” Rechter says. “It’s a good state for us to expand into, especially the greater Greenville market. There’s a lot going on now.”
Rogers Group employs about 1,600 people and operates 70 crushed stone and asphalt plants in Alabama, Arkansas, Indiana, Kentucky North Carolina, Ohio and Tennessee. Ashmore’s three asphalt plants will give Rogers Group a total of 43 asphalt plants throughout nine states.
About the Author: Allison Kral
Allison Kral is the former senior digital media manager for North Coast Media (NCM). She completed her undergraduate degree at Ohio University where she received a Bachelor of Science in magazine journalism from the E.W. Scripps School of Journalism. She works across a number of digital platforms, which include creating e-newsletters, writing articles and posting across social media sites. She also creates content for NCM's Portable Plants magazine, GPS World magazine and Geospatial Solutions. Her understanding of the ever-changing digital media world allows her to quickly grasp what a target audience desires and create content that is appealing and relevant for any client across any platform.Subscribe to Pit & Quarry
If you enjoyed this article, subscribe to Pit & Quarry to receive more articles just like it.
