Family Office

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Associated Asphalt

Associated Asphalt is a large independent asphalt terminaling and distribution company with 30 terminals across the eastern US, based in Roanoke, VA.

Associated Asphalt

Associated Asphalt distributes liquid asphalt and related products across the eastern United States from its Roanoke, Virginia headquarters. The company operates 30 terminals accessible by rail, barge, and truck, supported by its own truck fleet and time-chartered vessels. The company sells paving-grade asphalt (PG 52-28 through PG 88-22), polymer-modified binders, emulsions, liquid antistrips and additives, and performance products including fuel-resistant binders such as StellarFlex FR. Sales regions span Maryland, Virginia, Florida, Georgia, North and South Carolina, New Jersey, and West Virginia. Named sales contacts include Chris Gusty (New Jersey/Maryland), Danny Moran (Virginia), Kurt Korinek (Florida), David Fuerst (Carolinas), John Mims (South Carolina/Georgia), Paul Staley (Virginia), Robbie Robinson (Georgia), Hallie Bunkowske (Port Everglades), and Matt Groh (Tampa). Associated Asphalt holds no publicly disclosed AUM or wealth origin, and no institutional investment structure is documented. The company is not a family office in the traditional sense but rather an operating company — the self-description implies independence but no named principal or founding family is identified in public materials. What distinguishes Associated Asphalt is its pure operating-company structure with no disclosed investment mandate. It generates revenue through asphalt sales and logistics, not capital allocation. Without a named founding family or wealth origin, this profile reports only the firm's commercial operations.

General information

Firm type

Family Office

Year founded

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Roanoke

Corporate office

Roanoke, VA, United States

Principals

Chris Gusty

Sales Contact

Danny Moran

Sales Contact

Kurt Korinek

Sales Contact

David Fuerst

Sales Contact

John Mims

Sales Contact

Paul Staley

Sales Contact

Robbie Robinson

Sales Contact

Hallie Bunkowske

Sales Contact

Matt Groh

Sales Contact

Jake Exline

Sales Contact

Sector focus

InfrastructureIndustrial Tech

Frequently asked questions

Who owns Associated Asphalt?

Public ownership details are not disclosed. The firm describes itself as one of the largest independent asphalt terminaling companies in the US (per the firm). No individual or family is named as owner in available public materials.

Is Associated Asphalt a family office or an operating company?

Associated Asphalt functions as an operating company — it stores, blends, hauls, and sells liquid asphalt products. It does not publicly present an investment mandate, AUM, or capital allocation strategy. The firm's website lists no CIO, portfolio managers, or investment professionals.

What geographic region does Associated Asphalt serve?

The firm serves customers throughout the eastern United States, with 30 terminals from New Jersey south to Florida and as far west as West Virginia. Product offerings vary by terminal but include paving-grade asphalts, emulsions, polymer-modified binders, and performance additives (per the firm).

Does Associated Asphalt have a known wealth origin?

No wealth origin is publicly disclosed for Associated Asphalt. The firm does not credit its capital to any identified individual, family, or business fortune. No founding narrative appears on the corporate website.

What products does Associated Asphalt sell?

The company sells paving-grade asphalt (PG grades from 52-28 to 88-22), polymer-modified asphalt, emulsions (CRS, CMS, CSS series), liquid antistrips and additives (EvoTherm, LOF 6500), and performance products such as StellarFlex FR fuel-resistant binder (per the firm).

How many terminals does Associated Asphalt operate?

The firm lists 30 terminals on its website, including locations in Baltimore, Bristol, Cape Canaveral, Charlotte, Colprovia (SC), Dumfries, Gainesville, Gloucester City, Greensboro, Hopewell, Inman, Jacksonville (two sites), Kearny, Lake City, Martinsburg, Newport News, Paulsboro, Perth Amboy, Port Everglades, Port Manatee, Richmond, Roanoke, Salisbury, Savannah (three sites), Tampa (two sites), and Winston Salem (per the firm).

Who are the key sales contacts at Associated Asphalt?

Named sales contacts on the firm's website include Chris Gusty (New Jersey/Maryland), Danny Moran (Virginia), Kurt Korinek (Florida), David Fuerst (North Carolina), John Mims (South Carolina/Georgia), Paul Staley (Virginia), Robbie Robinson (Georgia), Hallie Bunkowske (Port Everglades), Matt Groh (Tampa), and Jake Exline (South Carolina) (per the firm).

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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