Wednesday, June 6, 2012
The floundering company never picked up the contracts for eight road projects worth $2.8 million.
Kendall County leaders awarded the final six road projects Aurora Blacktop abandoned to the second-lowest bidder Tuesday, but could make up the cost difference by pursuing the floundering company’s bid bonds. Aurora Blacktop, which is based in Montgomery, was awarded eight contracts totaling $2.8 million for roadwork in Kendall County in April, but company leaders never signed the contracts. About the same time, Aurora Blacktop’s owners announced they would not be firing up their Yorkville asphalt plant this season and were searching for a new owner. A new owner has not been announced, and the company’s real estate and equipment appears to have been listed for an Aug. 1 auction with Ritchie Brothers Auctioneers. No one answered the door at…
Wednesday, May 9, 2012
The county's Highway Committee creates a plan for the eight projects awarded to the troubled Montgomery paving company.
Kendall County set a deadline for Aurora Blacktop: Pick up your eight paving contracts by June 5 or we’re going to consider giving the projects to the second-lowest bidder. On April 17, the county awarded the Montgomery company $2.8 million in contracts for eight projects – four for the county and four on behalf of area townships. About that time, Aurora Blacktop’s owners announced they would not be firing up their Yorkville asphalt plant this season and were searching for a new owner. Since then, they have not picked up the county contracts, nor announced a new owner, said Fran Klaas, director of the county’s Highway Department. “If we don’t have an answer by June 5, we’re going to either have to go with the next lowest bidder or rebid,” …
Thursday, May 3, 2012
The county awarded $2.8 million in road project bids to the Montgomery company, whose president said they don't intend to fire up the asphalt plant this year.
Monday, April 23, 2012
The 65-year-old family-owned Montgomery company is in trouble, due to a sagging economy and unpaid invoices to bankrupt developers. The Leifheit brothers are working to find a buyer, but say the company's asphalt plant will not run this year.
Aurora Blacktop has been in the construction business for 65 years. Located on Sard Avenue in Montgomery, this well-respected company has remained family-owned for its entire existence. But now, due to a sagging economy and a downturn in development, Aurora Blacktop’s future is uncertain. President Rod Leifheit said Friday that the company has no plans to fire up its asphalt plant in Yorkville this season, and has struggled for years to pay its bills, due to unpaid invoices from bankrupt developers. “The developers went down, and they took us with them,” Leifheit said. The Leifheit family is seeking a buyer for the company, Rod Leifheit said, and they’re hopeful. But in the meantime, the company has sent a letter to all its workers, …