King Asphalt
King Asphalt is a heavy civil construction and asphalt paving contractor founded in 1973 in Liberty, SC. Operating 11 asphalt plants across South Carolina and North Carolina as a Construction Partners, Inc. subsidiary, it serves SCDOT, county and airport authorities, and commercial developers.
- Company typePrivate
- Founded1973
- HeadquartersLiberty, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What King Asphalt does
King Asphalt, Inc. is a heavy civil construction and asphalt paving contractor founded in 1973 in Liberty, South Carolina, and operating today as a wholly-owned subsidiary of Construction Partners, Inc. (NASDAQ: ROAD). The company self-performs the full paving lifecycle: grading and earthwork, soil cement stabilization, hot-mix asphalt (HMA) production, paving, sealcoating, and full-depth reclamation, with technical capabilities including warm-mix technology and high Recycled Asphalt Pavement (RAP) and Recycled Asphalt Shingles (RAS) utilization that lower energy and material costs per ton. It owns and operates 11 asphalt plants across South Carolina and North Carolina, each supported by in-house quality-control labs, and distributes EZ Street polymer-modified cold asphalt for maintenance applications.
The company serves a concentrated mix of state and local government agencies, including the South Carolina Department of Transportation, county transportation committees, airport commissions, and municipalities, alongside commercial customers in logistics, manufacturing, and retail (e.g., FedEx, Arthrex Manufacturing, Bojangles). Pricing is project-based and quote-driven, with public work secured through competitive RFP bidding and commercial work pursued through direct negotiation; an online RFP form and business credit application are available on the company website.
Since being acquired by CPI in 2021, King Asphalt has executed a roll-up expansion, acquiring Southern Asphalt (2022) and Pickens Construction, Hubbard Paving & Grading, and three additional asphalt plants in Myrtle Beach, Rock Hill, and McConnells (2023), extending the footprint into North Carolina via offices in Cornelius and Wilmington/Burgaw. Operations are coordinated through offices in Liberty (headquarters), Conway, Rock Hill, Cornelius, and Burgaw, with area managers responsible for each regional market.
King Asphalt firmographics
Firmographics- Name
- King Asphalt
- Legal name
- King Asphalt, Inc.
- Website
- https://kingasphaltinc.com
- Company type
- Private
- Founded year
- 1973
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- King Asphalt is a heavy civil construction and asphalt paving contractor founded in 1973 in Liberty, SC. Operating 11 asphalt plants across South Carolina and North Carolina as a Construction Partners, Inc. subsidiary, it serves SCDOT, county and airport authorities, and commercial developers.
- Ownership category
- akta.pro rank
King Asphalt industry classification
Industry- Product category
- Heavy Civil Construction
- NAICS
- Asphalt Paving Mixture and Block Manufacturing (324121), Asphalt Paving, Roofing, and Saturated Materials Manufacturing (32412)
- SIC
- Asphalt Paving & Roofing Materials (2950)
- akta.pro primary industry
- Asphalt Mixing & Paving Materials (Hot/Warm/Cold Mix, RAP/RAS Blends) (EUALAKAG)
- akta.pro secondary industries
- Pavement Construction & Rehabilitation (Asphalt, Concrete, Overlays) (IMAFAEAE), Asphalt Additives & Performance Enhancers (Anti-strip, Warm-mix, Fibers, Rejuvenators) (EUALAKAH), Polymer-Modified Asphalt (PMB) & Modified Binders (SBS/Crumb Rubber/Plastomers) (EUALAKAD), Asphalt & Pavement Removal / Milling (IMAFAKAM)
Keywords
Where King Asphalt is headquartered
LocationHeadquarters
- HQ city
- Liberty
- HQ country
- United States
- HQ region
- North America
Offices15 records
Markets served
King Asphalt business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Supply Chain, Marketing or Sales, Technology or R&D, Others
Revenue model
- Heavy Civil Construction Services: Project-based revenue from construction contracts including highway construction, airport runway construction, subdivision and parking lot construction, grading and earthwork, and sealcoating services. Revenue is earned through competitive bidding on public infrastructure projects and negotiated contracts with commercial clients.
- Asphalt Materials Sales: Production and sale of hot-mix asphalt (HMA) from multiple asphalt plants across South Carolina. Revenue generated from supplying asphalt to internal construction operations and external customers. Additional revenue from EZ Street cold asphalt product distribution.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Custom project-based pricing |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
King Asphalt product offering
Product offeringCore offering
King Asphalt is a heavy civil construction and asphalt paving contractor that produces hot-mix asphalt (HMA) from 11 company-owned plants across South Carolina and North Carolina. The company delivers full-service construction for highways, roads, airport runways, subdivisions, and parking lots, complemented by grading and earthwork, soil cement stabilization, and sealcoating services. It also distributes the EZ Street polymer-modified cold asphalt product for pothole repair and pavement maintenance.
Product overview
King Asphalt is a full-service heavy-civil construction and asphalt paving contractor serving South Carolina since 1973. The company operates as a unified service provider rather than a platform-plus-modules architecture, offering a comprehensive suite of construction services including airport runway construction, asphalt paving, asphalt production through 11 company-owned plants, grading and earthwork, highway and road construction, sealcoating, soil cement stabilization, and subdivision/parking lot construction. The company also distributes EZ Street Asphalt cold-patch products for pothole repair. All services are delivered through the company's own workforce and equipment fleet, with operations coordinated through offices in Liberty, SC (main office), Wilmington, NC, Conway, SC, and Cornelius, NC.
Differentiator
Problem solved
Functional benefit
Products and services
- Airport Runway Construction
Quantifiable outcome
- Zero recordable injuries on Greenville Downtown Airport project
- +2 more outcomes
Companies that use King Asphalt
Customer profileNamed customers9 records
Segments4 records
Ideal customer profiles4 records
King Asphalt technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
King Asphalt partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered minor.
- National Asphalt Pavement Association (NAPA)minorKing Asphalt is a member of NAPA, the leading trade association for the asphalt pavement industry. Through NAPA, the company participates in industry initiatives including the Road Forward sustainability program.
- Carolinas AGC (CAGC)minorKing Asphalt holds membership in Carolinas AGC, the construction industry association serving North and South Carolina contractors.
- Energy Star PartnerminorKing Asphalt is an EPA Energy Star Partner through its parent company CPI, demonstrating commitment to energy efficiency in operations.
- South Carolina Association of Asphalt Pavement (SCAPA)minorState-level industry association membership supporting asphalt pavement professionals in South Carolina.
- Asphalt Recycling & Reclaiming Association (ARRA)minorIndustry association membership supporting asphalt recycling and reclamation practices.
- Asphalt Pavement AllianceminorIndustry alliance focused on promoting the use of asphalt pavements through education, technical assistance, and research.
- EZ Street CompanyminorKing Asphalt is a trusted distributor of EZ Street Ambient Asphalt, a polymer-modified cold asphalt product for pothole repair and pavement maintenance. Products are manufactured at King Asphalt's own plant facilities.
Scale indicators7 records
Recent moves10 records
Expansion highlights6 records
King Asphalt competitors and assessment
Company assessmentDirect peers
- Sloan Construction: A fellow Construction Partners, Inc. subsidiary operating across the Carolinas and Georgia, providing hot-mix asphalt production, paving, and heavy civil construction. Highly comparable in scope, customer mix (DOTs and commercial), and operational model.
- Rogers Group: One of the largest privately held aggregates and asphalt producers in the Southeast, with multiple hot-mix plants and highway paving operations serving state DOTs. Directly comparable in asphalt manufacturing plus paving services and customer base.
- Fred Smith Company: Raleigh, NC-based site development and paving contractor (also part of Construction Partners, Inc.) serving commercial and government customers in the Carolinas. Sister CPI subsidiary with directly comparable service lines and customer base.
Broad incumbents
- Reeves Construction Company (Colas USA): Southeast-focused subsidiary of Colas Group operating asphalt plants and performing highway and site work for DOTs and commercial clients. Comparable vertically integrated asphalt and paving model at broader geographic scale.
- APAC-Atlantic (Summit Materials): Southeast division of Summit Materials producing HMA, aggregates, and performing paving and site development for public and private customers. Competes directly for Carolinas DOT work and commercial paving.
- Granite Construction: Large publicly traded heavy civil contractor with extensive asphalt paving and highway construction operations across the Sun Belt, competing for the same DOT and large commercial projects in the Southeast.
- Vulcan Materials Company: Nation's largest producer of construction aggregates and a major asphalt mix producer through its asphalt segment. Competes with King Asphalt for HMA tonnage and DOT paving work in the Carolinas, though at vastly larger scale.
- Eurovia USA: US subsidiary of the global Eurovia Group, operating asphalt plants and performing heavy civil and highway paving work in the Southeast. Directly comparable vertically integrated model with international backing.
- Lane Construction: Heavy civil contractor (Webuild subsidiary) performing highway, airport, and site development projects across the Southeast, frequently pursuing the same DOT and airport authority contracts as King Asphalt.
Regional players
- Blythe Construction: North Carolina-based heavy highway and asphalt paving contractor serving NCDOT and commercial clients in the Carolinas. Directly comparable services and primary customer base in an adjacent geography.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
King Asphalt social profiles
Digital presenceKing Asphalt compliance and trust
Trust signalCompliance2 records
King Asphalt financial estimates
Financial estimateRevenue estimate
Valuation estimate
King Asphalt leadership team
Management profileNumber of profiles
Profiles9 records
King Asphalt subsidiaries and ownership
Company hierarchySubsidiaries3 records
King Asphalt funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
King Asphalt M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about King Asphalt
What does King Asphalt do?
King Asphalt is a heavy civil construction and asphalt paving contractor that produces hot-mix asphalt (HMA) from 11 company-owned plants across South Carolina and North Carolina. The company delivers full-service construction for highways, roads, airport runways, subdivisions, and parking lots, complemented by grading and earthwork, soil cement stabilization, and sealcoating services. It also distributes the EZ Street polymer-modified cold asphalt product for pothole repair and pavement maintenance.
Is King Asphalt a public or private company?
King Asphalt is a private company. It is classified as corporate owned and is currently operating.
When was King Asphalt founded?
King Asphalt was founded in 1973. It employs 11 to 50 people.
Where is King Asphalt based?
King Asphalt is headquartered in Liberty, United States, in the North America region.
How does King Asphalt make money?
Two revenue lines are on record. Heavy Civil Construction Services are the primary driver. The others are asphalt Materials Sales.
Who are King Asphalt's main competitors?
Direct peers on record are Sloan Construction, Rogers Group and Fred Smith Company. Broad incumbents are Reeves Construction Company (Colas USA), APAC-Atlantic (Summit Materials), Granite Construction, Vulcan Materials Company, Eurovia USA and Lane Construction. Blythe Construction is listed as a regional player.
Does King Asphalt have an API?
No public API is recorded for King Asphalt.
What industry is King Asphalt in?
King Asphalt's product category is Heavy Civil Construction. Its primary akta.pro industry code is EUALAKAG, Asphalt Mixing & Paving Materials (Hot/Warm/Cold Mix, RAP/RAS Blends), with a secondary code of IMAFAEAE, Pavement Construction & Rehabilitation (Asphalt, Concrete, Overlays). Its NAICS code is 324121 and its SIC code is 2950.