Oswego and Adirondack Join Forces With Penn Can

In April 2005, Penn Can Asphalt Materials purchased Oswego Asphalt Corp. and certain assets of Adirondack Asphalt, Inc. They are now both operated as DBA's of Penn Can.

Oswego Asphalt, a small family operated emulsion manufacturer, was incorporated in 1961. In 1971, Bob Coleman purchased the Company and ran the business until his retirement in 1996. At that time his two sons, Andy and Bill, and nephew John Coleman took over. Andy and John were in sales and Bill ran operations for the company. Oswego Asphalt Corp., now known as Oswego Asphalt Materials, employed fifteen people, and eleven of those employees chose to take positions with the new Company. This merger strengthens Penn Can's position in the central New York area, a territory that Penn Can and Oswego had previously competed for. When asked how he felt about the merger with Penn Can, Andy Coleman said "though it's tough to give up a business we've worked so hard at, it was a business decision that had to be made. Fortunately the transition has been relatively smooth and we feel that Penn Can and the Barrett families are committed to the central New York region and we have a good future to look forward to."

The acquisition of certain assets of Adirondack Asphalt, Inc., now known as Adirondack Bituminous Materials, gives Penn Can a foothold in Northern New York. Adirondack, a division of All States Asphalt headquartered in Massachusetts, covered St. Lawrence and Franklin counties in the northern tier of New York State. Bob O'Neil, a sales representative with Adirondack, was hired by Penn Can to maintain business in this area. "So far Penn Can's reception in the area has been great and we hope to become a stronger influence as we become more committed to this market" said Mr. O'Neil.

With the purchase of Oswego Asphalt and Adirondack, Penn Can Asphalt Materials truly represents its name. Their territory now extends from the Pennsylvania line all the way north to the Canadian border.