Eaton Asphalt Paving Co.,

What Eaton Asphalt Paving Co., does

Eaton Asphalt Paving Co. is a privately held, vertically integrated asphalt paving contractor and materials producer headquartered in Walton, Kentucky. Founded in 1916 as Eaton Oil Works and rebranded under its current name in 1949, the company has been owned by the Jurgensen family since 1977 and operates as part of the Jurgensen Companies. Eaton specializes in commercial parking lot paving and repair, road construction and rehabilitation, heavy highway construction, and municipal paving across Northern Kentucky (12 counties including Bracken, Boone, Campbell, Carroll, Gallatin, Grant, Kenton, Lewis, Mason, Owen, Pendleton, and Robertson), with a materials-sales presence in Eastern Kentucky via its Maysville plant.

The company's technology base is anchored in three asphalt plants (Walton, Covington/Fort Wright, Maysville) with combined throughput exceeding 400 tons per hour, AASHTO-accredited mix design labs, KYTC-qualified quality control laboratories, and over 25 proprietary custom asphalt mix designs. The product portfolio spans conventional hot mix asphalt, warm mix asphalt (WMA / "Green Asphalt"), porous asphalt pavement for storm-water management, and Trackless Tack emulsion. Eaton owns and operates its own paving, milling, and construction crews, supported by what it describes as the asphalt industry's newest fleet, including shuttle buggies and pavers for precision paving, plus remote ticketing centers that expedite plant loading. Ancillary services include excavation, storm sewer, waterline construction, sanitary sewer, erosion control, lime/cement stabilization, and curb/sidewalk construction.

Eaton's revenue model is project-based contracting for commercial and municipal customers, supplemented by direct asphalt material sales to contractors from its three plant locations and tipping/transaction fees from accepting clean concrete, asphalt, and dirt for recycling. Pricing is quote-based and not publicly disclosed. The go-to-market motion is direct sales through an in-house estimating department and a dedicated sales representative for material sales. The customer base spans enterprise retail (Costco, Sam's Club, Kroger, Starbucks, Florence Mall), logistics and aviation (Amazon CVG, Cincinnati/Northern Kentucky International Airport), motorsports (Kentucky Speedway), industrial/commercial real estate (Aero Commerce Center), and government (KYTC, City of Erlanger, City of Florence). Notable enterprise customers cite Amazon CVG, Kentucky Speedway, Costco, Sam's Club, Florence Mall, and Kroger, alongside state highway work on the I-75 corridor. The company holds memberships in NAPA, PAIKY, KAHC, the Northern Kentucky Chamber of Commerce, and the NKY Building Industry Association, and has accumulated more than 15 No Lost Workdays safety awards and 2 Best Safety Record awards from KAHC.

Name

Eaton Asphalt Paving Co.,

Legal name

Eaton Asphalt Paving Co.

Website

https://eatonasphalt.com

Company type

Private

Founded year

1916

Operating status

Operating

Headcount range

101–250 employees

Short description

Eaton Asphalt Paving Co. is a Northern Kentucky-based, family-owned asphalt paving contractor founded in 1916. Operating three in-house plants and crews, it serves commercial developers, municipalities, and the Kentucky Transportation Cabinet with paving, milling, heavy highway, and asphalt material sales.

Ownership category

akta.pro rank

Product category

Asphalt Paving and Highway Construction

NAICS

Asphalt Paving Mixture and Block Manufacturing (324121), Asphalt Paving, Roofing, and Saturated Materials Manufacturing (32412)

SIC

Asphalt Paving & Roofing Materials (2950), Heavy Construction Other Than Bldg Const - Contractors (1600)

akta.pro primary industry

Asphalt Mixing & Paving Materials (Hot/Warm/Cold Mix, RAP/RAS Blends) (EUALAKAG)

akta.pro secondary industries

Asphalt & Pavement Removal / Milling (IMAFAKAM), Asphalt Emulsions (Cationic/Anionic, CRS/SS, Specialty Emulsions) (EUALAKAB), Pavers & Road Construction Equipment (IMAHAAAI)

Keywords

• Asphalt paving services
• Commercial paving
• Highway construction
• Parking lot paving
• Asphalt manufacturing

Headquarters

HQ city

Walton

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Infrastructure, Operations, Marketing or Sales

Revenue model

1. Asphalt Contracting Services: Full-service asphalt paving for commercial and municipal projects including road construction, asphalt milling, parking lot paving, and heavy highway projects. Revenue generated from labor, equipment, and materials on project-based contracts.
2. Asphalt Material Sales: Direct sales of asphalt products (hot mix, warm mix) to contractors and developers from three Northern Kentucky plants. Also accepts clean concrete, asphalt, and dirt for recycling drop-off.
3. Recycled Materials Processing: Processing of reclaimed asphalt pavement (RAP) and acceptance of materials for recycling, generating revenue from recycled material sales.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels9 records

Core offering

Eaton Asphalt Paving Co. is a Northern Kentucky asphalt paving contractor providing commercial parking lot paving, municipal road construction, heavy highway construction, asphalt milling, and in-house asphalt manufacturing. The company operates three asphalt plants (Walton, Covington, Maysville) with combined capacity exceeding 400 tons per hour, producing custom hot mix and warm mix asphalt for projects across 12 counties and all Northern Kentucky cities.

Product overview

Eaton Asphalt Paving Co. is an asphalt paving contractor offering a unified suite of construction and manufacturing services. The core offering consists of asphalt paving services (commercial, municipal, and heavy highway), road construction and rehabilitation, and in-house asphalt manufacturing through three strategically located plants. The company produces multiple asphalt product types including Warm Mix Asphalt (Green Asphalt), Porous Asphalt Pavement, and Trackless Tack. Ancillary services include excavation, storm sewer, waterline construction, and erosion control. The company operates exclusively in Northern Kentucky, serving 12 counties with projects ranging from parking lots to interstate highways.

Differentiator

Problem solved

Functional benefit

Products and services

• Asphalt Paving Services Core asphalt paving services for commercial parking lots, private roadways, and municipal projects including asphalt milling and paving. Delivered to commercial developers, retailers, and municipal customers across Northern Kentucky.
• Road Construction and Rehabilitation Full-service road construction including base repairs, resurfacing, widening existing roads, and new highway construction for county, state, and municipal customers.
• Asphalt Manufacturing In-house asphalt production with three strategically located plants (Walton, Covington, Maysville) capable of producing over 400 tons per hour, featuring over 25 custom mix designs including conventional, Super Pave, and FAA-approved Marshall Mix designs.
• Heavy Highway Construction Specialized heavy highway asphalt paving contracting serving the Kentucky Transportation Cabinet (KYTC), including I-75 corridor projects and portions of more than 300 miles of road.
• Parking Lot Paving and Repair Commercial parking lot paving, sub-grade evaluation, repaving, grading, and proper storm water management solutions for retail, office, warehouse, and industrial facilities.
• Municipal Paving Asphalt paving solutions for municipal projects including county roads, city streets, and state highway systems for cities, counties, and the Kentucky Transportation Cabinet.
• Warm Mix Asphalt (Green Asphalt) Environmentally friendly asphalt product with lower energy consumption, reduced emissions, easier placement, better compaction, extended paving season, and increased hauling distances. Sold as an asphalt product line.
• Porous Asphalt Pavement Storm water management asphalt that allows water to drain through the surface into a retention basin below, eliminating traditional pipe systems and supporting LEED credits.
• Trackless Tack Advanced asphalt emulsion tack specially formulated to dry in approximately 10 minutes, providing stronger bonding between asphalt layers with reduced splatter and tracking compared to traditional tack.
• Asphalt Plant Material Sales Direct asphalt material sales (hot mix and warm mix) to contractors, subcontractors, and developers from three Northern Kentucky plants. Each plant capable of running over 400 tons per hour. Plants also accept clean concrete, asphalt, and dirt for recycling drop-off.

Quantifiable outcome

• Asphalt plants capable of running up to 400 tons per hour
• +3 more outcomes

Named customers13 records

Segments2 records

Ideal customer profiles3 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Eight partnerships are on record, tiered historical acquisition, core, industry and regional.

• R.C. Durr Companyhistorical acquisitionOthersAcquired Eaton Asphalt in 1964. R.C. Durr was a successful businessman who grew from three trucks hauling limestone to becoming the successful bidder for original Frogtown Road in Boone County, eventually establishing R.C. Durr Company focused on grading, draining roads, mining coal, and building railroads.
• Jurgensen FamilycoreOthersPurchased Eaton Asphalt in 1977 and developed the company into what it is today - a preferred contractor for commercial and municipal asphalt paving projects in Northern Kentucky. The Jurgensen Companies now operate Eaton Asphalt as part of their family of companies.
• National Asphalt Pavement Association (NAPA)industryStrategic or Co-development PartnerIndustry association that advocates for asphalt pavement sustainability and performance. Provides educational resources, technology updates, environmental guidance, market share support, and training for members.
• Plantmix Asphalt Industry of Kentucky (PAIKY)industryStrategic or Co-development PartnerState-level educational resource and advocate for asphalt sustainability and performance benefits in Kentucky. Provides technical guidance, mix design standards, and parking lot best practices.
• Kentucky Association of Highway Contractors (KAHC)industryStrategic or Co-development PartnerIndustry association promoting, preserving, and protecting the highway construction industry in Kentucky since 1921. Administers safety awards program including No Lost Workdays and Best Safety Record awards.
• Northern Kentucky Chamber of CommerceregionalStrategic or Co-development PartnerRegional business chamber providing networking, business development, and community connection resources for Northern Kentucky businesses.
• NKY Building Industry AssociationregionalStrategic or Co-development PartnerIndustry association serving builders and developers in Northern Kentucky, providing resources and connections for residential and commercial construction projects.
• I Build America KentuckyregionalGTM or Marketing PartnerMovement dedicated to showing the importance of construction to modern life and encouraging pride in the construction industry. Helps public recognize the value of construction careers and showcases the difference companies like Eaton Asphalt make.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Peers

• Vulcan Materials Company:

Direct peers

• Rogers Group: Privately held, family-owned aggregates and asphalt producer/contractor operating across the US Midwest and South. Closely comparable in vertical integration (quarries + asphalt plants + paving crews), customer mix (DOTs + commercial), and product line to Eaton Asphalt.
• Rieth-Riley Construction: Indiana-headquartered asphalt paving and heavy highway contractor with asphalt plants across Indiana and Michigan. Directly comparable as a vertically integrated regional paving contractor serving state DOTs and commercial customers, similar scale and business model to Eaton.
• Bituminous Roadways: Minnesota-based asphalt paving and manufacturing company with multiple plants. Comparable vertically integrated model producing hot/warm mix asphalt and providing commercial and municipal paving services to a regional customer base.

Broad incumbents

• The Lane Construction Corporation: National heavy civil and highway contractor owned by Webuild, producing and placing asphalt for major DOT and interstate projects. Broader scope and scale than Eaton but directly comparable in heavy highway asphalt paving and DOT contract work.
• Granite Construction: NYSE-listed heavy civil and materials producer operating asphalt plants and paving crews across the western and southern US. Comparable in asphalt manufacturing and highway paving services but with broader geographic and product scope.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/eatonasphalt
• Facebookfacebook.com/eatonasphalt
• LinkedInlinkedin.com/company/eaton-asphalt-paving-co/about

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Eaton Asphalt Paving Co.,