LEHIGH VALLEY, Pa. – A family-owned concrete company that has been in the Lehigh Valley for nearly 90 years is under new ownership.
Frank Casilio and Sons, Inc. has been acquired by New Enterprise Stone and Lime Company (NESL).
Terms of the deal were not disclosed.
Casilio, founded in Bethlehem in 1938, currently has three ready-mixed concrete plants in the Lehigh Valley. The locations are 3102 Bath Pike in Upper Nazareth Township; 6729 Ruppsville Road in Upper Macungie Township; and 1035 Mauch Chunk Road in Bethlehem.
Frank Casilio and Sons, Inc. in Upper Nazareth Township
WFMZ-TV | Amy Unger
New Enterprise, based in Bradford County, Pennsylvania, has locations across the Keystone State, and also in New York state and Delaware.
According to its website, it’s a fifth-generation, family-owned business.
“We are excited to bring this great family-owned and operated business into our NESL family,” said Paul Detwiler, III, New Enterprise CEO, in a news release. “The acquisition expands our service capabilities in the Lehigh Valley and is a great addition to our current network of 15 ready-mixed concrete facilities across Pennsylvania.”
New Enterprise offers a variety of construction materials, like concrete and asphalt, as well as contracting services.
Casilio “is highly regarded in the community, with outstanding people, assets and attractive operating characteristics,” NESL said, in the release.