Business

Delaware’s only asphalt terminal under new ownership

Seaford plant serves DelDOT, private contractors

By Glenn Rolfe
Posted 5/6/24

Russell Standard, a Pittsburgh-based asphalt materials and pavement preservation company, has assumed operations of the state’s only asphalt terminal.

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Business

Delaware’s only asphalt terminal under new ownership

Seaford plant serves DelDOT, private contractors

Posted

SEAFORD — Russell Standard, a Pittsburgh-based asphalt materials and pavement preservation company, has assumed operations of the state’s only asphalt terminal.

Founded in 1929, the company recently announced it would expand into its fifth state, with the acquisition of the Seaford plant from the ICP Group.

In a press release, the firm stated that this will keep operations moving for counties, contractors and the Delaware Department of Transportation.

“Delaware is adjacent to two states that we are already operating in — Pennsylvania and Maryland,” said Matt Johnson, the company’s fourth-generation owner and CEO. “It was a really good opportunity for us to further our footprint in the Mid-Atlantic region. We’re always looking for opportunities to grow and further our presence, mainly in that region. If we can find any opportunities adjacent to markets that we’re already operating in, we always take a hard look at those.”

Transportation Department spokesman C.R. McLeod said Russell Standard is one of the agency’s asphalt suppliers.

“But I can’t offer a specific amount or percentage, as it varies dependent upon location, projects, etc.,” he said.

Mr. Johnson noted that the company’s priority is on longer-lasting and high-quality pavement materials.

“We’re always focused on partnering with our customers and helping them find ways to better maintain their road infrastructure,” he stated, “primarily to help them get longer, useful life out of their pavements.”

Company officials added that this is accomplished not just on the functional and material levels but also through education.

“We are committed to serving as educational partners and advocates for extending pavement life,” Mr. Johnson said. “In the end, good roads are safe roads. And a lot of commerce depends on having strong infrastructure in high quality condition, to move goods throughout the region.”

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