Company says the acquisition will allow it to expand the facility.
Ergon Asphalt & Emulsions (EA&E) has purchased all the assets of the Wolcott Terminal Facility in Wolcott, Kan., previously owned by Tanco Kansas City LLC.
EA&E, headquartered in Jackson, Miss., notes that it has marketed neat asphalt products from the terminal since it began leasing the facility in 1992. The terminal, located on the Missouri River near Kansas City, Kan., has a capacity of 176,284 barrels. It is equipped to load product by truck and receive product by barge, truck and rail. The Wolcott Facility also offers sulfuric acid transloading services.
EA&E will continue to service all existing sulfuric acid transloading contracts.
“After 20 years of providing asphalt products to the Kansas City market, we are very happy to report our acquisition of this facility. This will allow us to further invest in and expand the Wolcott Facility, adding increased capability and storage capacity,” says J. Baxter Burns II, president of EA&E.